The Sanlam / Business Partners Entrepreneur of the Year® competition, which aims to honour, benefit and uplift South African SMEs, is now open for entries. This annual competition celebrates excellence in South African entrepreneurship and serves as an inspiration to others to succeed in the world of business.
But Entrepreneur of the Year® is not just about the competition. It is more than that. Entrepreneur of the Year® is about developing the standard of excellence in entrepreneurship all over South Africa. It is about promoting that excellence as the norm and not the exception. It is about promoting entrepreneurship as an honourable and rewarding, yet challenging career. It is about educating entrepreneurs so that they reach that standard of excellence.
It is about educating the youth about what it entails to be an entrepreneur so that they can make better choices about their career options. And at the end of the day we expect to influence government legislation in not only how we facilitate the subject of entrepreneurship in our schools but also what legislation should be in place to ensure that we create a healthy legal environment in which our entrepreneurs can operate their businesses.
By showcasing our winners and running the competition, as well as all the workshops with our grand SME conference, we hope to build the momentum of media activity that usually follows such events and through the media activity showcase the role models that Entrepreneur of the Year® has selected as pillars of our community. These roles will help influence the SME sector for good, and in five years from now we will have begun changing the face of entrepreneurship in South Africa.
Entrepreneurs should take their rightful place as pillars of strength in our communities and our economy, and they need to have a powerful force behind them ensuring that all involved in this sector are stepping up to their responsibilities.
To enter the Sanlam / Business Partners Entrepreneur of the Year® competition, you need to be based in South Africa and comply with the minimum criteria of the categories outlined below.
Entrepreneurs who enter may be considered for the following categories in the Sanlam / Business Partners Entrepreneur of the Year® competition:
An entrepreneur who has been in their present business for a maximum of 5 years and with a turnover not exceeding R5 million on the date the entry form is received by the steering committee.
Small Business Entrepreneur
An entrepreneur who runs a business, irrespective of length of time during which it has been active, with a turnover of between R5 million and R20 million in the tax year immediately preceding the date of entering the competition.
Medium Business Entrepreneur
An entrepreneur who runs a business, irrespective of the length of time during which it has been active, with a turnover of R20 million or more in the tax year immediately preceding the date of entering the competition. Controlling owner must be stated.
Job Creator of the Year
An entrepreneur who not only employs a significant number of employees, but also plays a key role in uplifting, up-skilling and training them. They help towards making a dent in the unemployment rate of the community, area, province and country where the business is situated.
Lifetime Achiever Award
An entrepreneur who has, over the years, shown fortitude and strength in the entrepreneurial arena, and developed a business that has size, longevity and profitability.
Innovator of the Year
An entrepreneur who has the ability to:
Reinvent the way business is done in his/her industry; and/or
Be innovative in the product or service being offered to the market; and/or
Finds a way of drawing the best qualified and technical people in the industry and keeping them because of creating a special environment where employees can flourish.
Entrepreneur of the Year®
The overall winner is selected out of the emerging, small, or medium categories.
Entry Form here.
More information here.