#YouthStartCT winners take the cake
15 April 2022
The winners of the seventh instalment of the City of Cape Town’s annual #YouthStartCT Entrepreneurial Challenge were announced last night.The City of Cape Town’s Mayoral Committee Member for Community Services and Health, Councillor Patricia van der Ross, handed over the first prize to Khaya Burwana with his business, Hatch of Oak Poultry Farming, which does small scale poultry farming.
The first runner up is Lolwetu Maliwa with his e-gaming business Hakumo Gaming Café and second runner up is Mzikhona Mgedle who represented the Langa Bicycle Club.
‘The finalists are all winners as they are not only taking charge of their own lives, but they are already making a difference in their communities and to the country’s economy. The #YouthStartCT entrepreneurial challenge gives young people an opportunity to prove themselves, grow their business and spread economic wealth, while the winners will now have a chance to partner with the City on projects that will uplift job seekers and provide sustainable employment opportunities,’ said Councillor van der Ross.
The other finalists are:
| Andile Lucky Msolo | ALMQI |
| Keron Basson | Western Cape Tours & Transport |
| Mboneleli Gqirana | IKhayelitsha Hub |
| Nomava Sipedu | Igugu Le Ntokazi |
| Nonkoliseko Gqomane | Premiere cleaning solutions |
| Tarsha Scholtz | T on Trend Designs |
| Thabisho Sechogela | Kasi Kuisine Restaurant |
| Unathi Zincina | Umyezo Juicery |
- Access to capital, equipment/tools and space (many work from home)
- Limited experience and mentorship/guidance
- Limited confidence and contacts to promote their business
Competitors were offered support to help them commercialise their solutions through a dynamic training and mentorship programme, which is focused on developing both the entrepreneur and their business idea.
In addition, the winners also received the following prizes:
R30 000 cash: 1st place
R20 000 cash: 2nd place
R10 000 cash: 3rd place
R5000 cash: 4th – 11th place
R100 000 in branding services and materials to be distributed amongst the Top 10
- 1st prize: R50 000 branding and printing services
- 2nd prize: R30 000 branding and printing services
- 3rd prize: R20 000 branding and printing services
- 4th – 11th prize: R10 000 branding and printing services
Workshop 17 will sponsor the top three teams.
A complimentary hot desk membership to the value of R7 500 including the following:
- daily access to the hot desk area
- fast uncapped Wi-Fi
- one hour meeting room use per week
- 50 prints per month
MTN contribution of prizes for the top 11 winner - devices (laptops and cellphones)
- Training services to the entrepreneurs to equip them going forward with their businesses
- Business Assessments to ascertain the needs of the businesses
- Business Advisory services
- Up to 90% subsidised interventions to the entrepreneurs
The top 11 winners will get the opportunity to go through a full year of incubation.
- This includes learning; coaching; market linkages and access to the mini factories/maker space.
- This is conservatively valued at R80 000 per person.
- Accounting services to winners
- The top three winners will receive a 12-month accounting and compliance subscription with LBH Chartered Accountants. Including monthly bookkeeping services, tax and other compliance submissions, as well as drafting of the 2021/22 annual financial statements of the business.
The top three winners will each receive a 2TB external hard drive worth R1500 each.
‘The challenge is an example of our efforts to uplift our communities from poverty by empowering our young business leaders. By giving them the opportunity to grow their businesses and employ more people, these young entrepreneurs can help to address the huge social burdens of unemployment and poverty,’ said Councillor van der Ross.
End
Published by:
City of Cape Town, Media Office