Entrepreneurs win big

2019-03-27 06:00
Lucky Sithole (left) and Bheki Mdelwa of Kweli Meats.Photo: Supplied

Lucky Sithole (left) and Bheki Mdelwa of Kweli Meats.Photo: Supplied

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Three entrepreneurial ventures have won incentives necessary for their prosperity in the third Agro-processing Deve­lopment Fund Programme.

Nine entrepreneurs pitched business ideas at this empowerment initiative held on Thursday, 14 March, at the Central University of Technology (CUT), Free State, in Bloemfontein.

The winners are Kweli Meats, Atlehang Marino and Mimmie Projects and Trading.

They were chosen by the panel of judges consisting of funders for pitching the best ideas at the CUT’s IdeaGym.

The panel of judges consisted of representatives of the Department of Agriculture and Rural Development, Land Bank, University of the Free State (UFS), South African Bureau of Standards and the Department of Economic, Small Business Development, Tourism and Environmental Affairs (Destea).

Kweli Meats received the first prize of R450 000, Atlehang Marino the second prize of R350 000 and Mimmie Projects and Trading R200 000 as third prize.

The judges choose the winners based on the sustainability of the business, job creation, uniqueness of the business or product and the market for the product.

The judges’ decision is in line with the mission to transform and empower entrepreneurs to create much-needed employment to grow South Africa’s ailing economy and to address socio-economy issues.

This initiative was conducted in partnership with the CUT and Destea. The CUT’s in­volvement is in line with its Vision 2020, focusing on social and techno­logical innovations, socio-econ­omic development aimed at creating job opportunities and engaging local communities.

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