George Mayoral Entrepreneurship Training (2016)
Entrepreneurs get a Mayoral boost – get ready for more Dragons!
Following the very successful Dragon’s Den competition held in George in October last year - as a part of the AHi’s National Congress - it is clear that this format not only adds practical value in terms of training, but also attracts interest and investment to start-up businesses. As a special project to assist pre start-up and start-up businesses, the Executive Mayor Charles Standers has announced that another round of training is currently open for registration. Up to 90 participants will be accommodated in three groups, including one group to be trained in Uniondale.
The top 6 participants from each group will again receive additional training and then have the opportunity to pitch their business ideas to a panel of “Dragon’s” on the 22nd April 2016. The concept originates from the reality show where investors can decide to invest their own funds in a business based on a short presentation by the business owner. In this case, the winning entrepreneur will be awarded a large cash prize for investment into his or her business. The prize may also include other non-financial business support such as registration and assistance with SARS compliance, implementation of an accounting programme and marketing.
“Entrepreneurs are the life blood of any economy, and in George we want to be known as the city for entrepreneurs” said the Executive Mayor, Ald. Charles Standers. He further added that the Business Model Canvas and Dragon’s Den are two international approaches which the George Chamber and TEN (The Entrepreneur Navigator) have successfully adapted to meet the very specific local needs of entrepreneurs. The training will be executed as a collaborative project between the Municipality and the George Business Chamber.
Entrepreneurs are the lifeblood of our economy. We use international tools such as the Business Model Canvas and well known "Dragons Den" to practically support our entrepreneurs to start and grow their businesses.