Are you a young Capetonian with entrepreneurial dreams? The City of Cape Town's Youth Start CT entrepreneurial challenge might be exactly the opportunity you've been waiting for. This annual competition is now accepting entries, offering aspiring business owners aged 18-35 a chance to transform their innovative ideas into successful ventures.
What is the Youth
Start CT Entrepreneurial Challenge?
As Councillor Francine Higham, Mayoral Committee Member for
Community Service and Health, explains, "The Youth Start CT
entrepreneurial challenge is an annual competition hosted by the City of Cape
Town, which targets all young entrepreneurs aged 18 to 35 years old who have a
business idea or an existing start-up business and are looking for that extra
boost to get their business going."
The initiative focuses on businesses that either currently
create employment opportunities for youth in Cape Town or plan to do so in the
future.
Youth entrepreneurship is crucial to Cape Town's economic growth and empowerment. The city recognizes that young people bring fresh perspectives, innovative ideas, and a willingness to take risks—all essential qualities for successful entrepreneurship.
"Young people shape the future of South Africa, and
investing in young entrepreneurs is incredibly important to the City of Cape
Town," says Higham. With South Africa's high youth unemployment rates,
fostering entrepreneurship among young people can significantly impact economic
growth and job creation.
The competition highlights several sectors with significant
growth potential:
Agriculture
Manufacturing
Information Technology
Finance
Tourism
How to Enter
The application process is straightforward:
Create a three-minute video showcasing your business idea or
existing start-up
Complete the entry form on the City of Cape Town website
Submit before the March 16 deadline
Ready to take your entrepreneurial journey to the next
level? Visit the City of Cape Town website at capetown.gov.za for complete
information and application details.
The deadline for submissions is March 16, so don't delay!
You don't need formal tertiary education to apply—just a great idea and the drive to create opportunities for Cape Town's youth.
Click on the link to here more:
Producer: Lydia M
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