24 entrepreneurs hand-picked for empowerment awards - Ventureburn

2022-09-09 19:54:17 By : Mr. Eric Zhang

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Africanize, marketing and food delivery service for informal kitchens and restaurants in South African townships, is among the 24 start-ups set to benefit from over R18 million (about $1 million) in prize money in the Social Innovation and Disability Empowerment Awards. The awards are presented annually by the SAB Foundation in partnership with the Technology Innovation Agency (TIA), a government-led initiative.

Winners will be announced on Tuesday, 11 October 2022.

According to a media release, winners will invest the prize money in their businesses and also benefit from a mentorship programme. The awards place a particular emphasis on innovations that benefit women, youth, persons with a disability or those living in rural areas.

Africanize was started in Cape Town by Gcina Ntsonga, Siba Nombebe, Siphe Ntlemeza, and Khaya Dlova. Through a digital platform, the start-up supports small-scale food entrepreneurs in getting their products in and out of township to urban areas and also vice versa.

SAB Foundation innovation specialist Itumeleng Dhlamini says, judging from the entries, 2022 is a year that represents resilience, revival and growth. “Through their innovations, our finalists have unlocked exciting opportunities to scale and grow their businesses, and have the potential to create employment opportunities,” she explains.

“These entrepreneurs tackle challenges such as access to education for persons with disabilities, renewable energy solutions, access to specialist healthcare services in vulnerable communities and agriculture.”

As part of its annual Social Innovation and Disability Empowerment Awards, organisers also introduced a new category known as the SAB SHARP Awards. This targets innovators, social entrepreneurs, institutions, students, researchers and social enterprises with innovative ideas or prototypes that empower women in at-risk communities.

“We were really inspired by the entrepreneurs who are committed to making a positive impact in the lives of women in our country,” says Zoleka Lisa, SAB’s corporate affairs vice-president for South Africa. “We look forward to rewarding the five finalists and seeing them develop their innovations even further.”

Lisa says to make a sustainable change, the SAB Foundation offers ongoing mentorship and business support. It prides itself in providing a continuous journey of support for the entrepreneurs who participate in its programmes.

“We take mentorship seriously and ensure that our innovators are provided with the necessary guidance through each new phase that they enter into with their business,” concludes Dhlamini. “We encourage South Africans to be part of this positive change and continue innovating simple solutions to improve the lives of everyday citizens.

The complete list of finalists are:

Set up in 2010 as one element of the broad-based black economic empowerment transaction conducted by South African Breweries, the SAB Foundation is an independent trust that annually invests millions of Rands towards developing entrepreneurship in South Africa and the benefit of the wider South African community.

The SAB Foundation was the first organisation in the country to received tax exemption.

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