Could You Be the Next Entrepreneur to Win R5-million?

Could You Be the Next Entrepreneur to Win R5-million?

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The popular TV show the Big Break Legacy, in partnership with MTN Business, is back for a second year.

Do you qualify?

Ezra Ndwandwe, the founder and chairman of The Big Break Legacy, said the programme would accept individuals who have developed a business concept that is:

  1. Commercially viable;
  2. Scalable;
  3. Sustainable; and
  4. Will have social impact.

New partnership means more opportunities

This year’s Big Break Legacy promises to be bigger and better with a partnership with the University of Pretoria’s Gordon Institute of Business Science (GIBS), who have agreed to collaborate to create a programme that will nurture promising entrepreneurs from all backgrounds.

“The partnership with GIBS will create a unique avenue to up skill entrepreneurs in a practical way in an effort to create self-sufficient communities. The primary consideration will be the ability to take a business idea or existing business into a giant industry,” adds Ndwandwe.

“South Africa has an urgent need to work with people who are ready and willing to take the entrepreneurial journey. GIBS is an excellent partner. It is built on an entrepreneurial foundation. We are delighted that GIBS shares the same vision with us; to nurture entrepreneurs who will have an immediate impact in society.”

Job creation is key

GIBS Dean, Professor Nick Binedell says: “The current economic climate requires more entrepreneurs to start up new business ventures to boost our economy, hence this programme will be designed to help entrepreneurs through the integration of different skills, disciplines and perspectives to identify new business opportunities, and to launch and grow their own ventures.It is GIBS belief that business creation will lead to job creation.’

Market-ready start-ups

Ndwandwe cautions that this programme will not be a “drive-through” churning out business start-ups ill-prepared to deal with the harsh reality of the competitive business world.

“By the time you complete our intervention you will be both market and investor ready. The model is premised upon the understanding that struggling young entrepreneurs need to have the best of both worlds. We will therefore design our programme to incorporate a sound mixture of practical and theoretical foundations on how to run a successful business,” adds Ndwandwe.

Practical and theoretical knowledge

The mechanism to achieve this goal will take the form of a business incubator linked to the programme to allow the trainees practical experience while they gain the theoretical know-how. Ndwandwe says the programme will be flexible, providing both full-time and part-time streams. Programmes will run for an average of two years.

A wider audience

Another development is that The Big Break Legacy will now, through its partnership with CNBC Africa, broadcast to 48 other African countries.

How to enter

To stand a chance to win the R5 million investment into your business, sms your name, surname, South African identity number and your home province to 35383. You can also visit the official website for more information.

www.thebigbreaklegacy.com

Alison Job
Alison Job holds a BA English, Communications and has extensive experience in writing that spans news broadcasting, public relations and corporate and consumer publishing. Find her at Google+.