SA Teen Entrepreneur Gets Young Entrepreneur Minds Into the Pitching Ring
After running another successful 12-month programme of teaching entrepreneur skills to high school learners across Cape Town through its Entrepreneur Societies, the culmination of SA Teen Entrepreneur’s programme will see young would-be entrepreneurs battling it out by presenting their business ideas at the Grand Finale on October 14 at The River Club in Observatory in Cape Town.
Under the theme of ‘pitching in the ring’, groups from the Oude Molen Academy of Science & Technology, Hector Peterson High School, Cravenby Combined School, Saxonsea Primary School, Isilimela Secondary School, Grassdale High School, and the Proteus Secondary School will present a wide variety of business ideas to a panel of judges.
Business ideas range from the conceptualisation and production of shower mechanisms to take water-saving into account, to the development of an app to teach learners how to prepare for their exams, to the formation of outlets selling a variety of commodities ranging from food and farm produce, to name a few.
“Having completed the Teen Entrepreneur programme myself, I am keen on seeing the young learners present their ideas and just how they have come to identify their product or service as a need in their communities”— Jamie Thurston Wyngaard, a panel judge and Teen Entrepreneur Ambassador
Winning teams which are really serious about pursuing their ideas and bringing it to life in the form of a viable business, will undergo mentorship training where they will be given the guidance and tutoring around the setting up and running of a successful business.
The SA Teen Entrepreneur Programme, hailed by many as being hugely successful in teaching entrepreneurial skills to high school learners, and assisting in unlocking an entrepreneurial mindset, is in its second successful year
“We are looking forward to 2018 with much excitement and anticipation”— Lydia Zingoni, SA Teen Entrepreneur’s Founder and Director
We already have in excess of 40 schools signed-up and ready to kick-off the programme when schools re-open in January next year, and a great many more across the country awaiting funding to get started”— Lydia Zingoni, SA Teen Entrepreneur’s Founder and Director
Organisations such as Shoprite, the Sage Foundation, the Rotary Club of Cape Town, and the City of Cape Town currently support the establishment of Entrepreneur Societies financially, and SA Teen Entrepreneur is working on securing more funders so that more young people have access to the programme.
The SA Teen model has piqued the interest of academics from the University of Cape Town’s Economics Department, as well as that of the Paris School of Economics. Findings of research conducted into how the model works, and its successes achieved, will be applied to the development of youth entrepreneur models to impact the economic environment in both South Africa and abroad.
With so many educational institutions locally expressing interest in signing up, and thereby exposing their young learners to an entrepreneurial way of thinking, the SA Teen Entrepreneur Foundation is also being confronted with huge interest from local researchers into mindsets that can ignite an entrepreneurship revolution which extends right into Africa.
“Naturally SA Teen is excited by the interest in the programme, and hopes to translate this interest into financial and other support which will enable it to place more Entrepreneur Societies into schools throughout South Africa and beyond.”— Lydia Zingoni, SA Teen Entrepreneur’s Founder and Director