Budding South African student entrepreneurs with their own businesses are being offered the opportunity of lifetime – and a share of $150 000 in cash and prizes – if they nominate themselves or another student for this year’s Global Student Entrepreneur Awards (GSEA).
Held annually by the international Entrepreneurs’ Organisation (EO), entries to the competition are open until 1 September 2011.
Ronen Aires, CEO and co-founder of Student Village, South Africa’s leading youth marketing and career development solutions provider, says the potential rewards for students entering the programme were “huge”. Aires is the director for Africa for the GSEA.
“Undergraduate students currently running a business have the chance to apply for the contest with the chance to win $150 000 in cash and prizes,” he says. “Applicants will have their companies reviewed with the top selected applicant being awarded the South Africa National Champion award. The winner of the competition will be invited to compete at the 2011 GSEA Global Finals as part of Global Entrepreneurship Week.
“This is not just another awards programme for student entrepreneurs – it is a life-changing experience. The goal of The GSEA is to inspire students to become successful entrepreneurs. The programme offers them a network of professional advisors to support and guide them in growing an efficient business during and after university,” Aires adds.
Students can nominate themselves or fellow student entrepreneurs online at www.gsea.org/nominate. Each nominee must be an undergraduate student at a recognised university for the 2010/2011 academic year and be enrolled at their institution at the time of application.
The student must be the owner, founder or controlling shareholder of the company and principally responsible for its operation. The business must have been running for at least the last six consecutive months, and must be a for-profit enterprise.
“This is a golden opportunity for student business owners not only to compete against the world’s best, but also to hook into a global network of mentors and fellow student entrepreneurs,” Aires says.