Today’s top entrepreneurship and business stories (29 July)
What entrepreneurs can expect at Leaderex this year
South Africa’s largest gathering of executives, professionals and entrepreneurs takes place on 24 August 2016 at Sandton Convention Centre.
Leaderex attendees can look forward to master classes; expert advice to advance their careers or to start or grow a business. There will also be information on business education available, as well as the opportunities to receive coaching and advice.
Entrepreneurs will be able to connect with incubators, accelerators and startup platforms; as well as receive information on how to access funding, venture capital and mentorship opportunities.
There will also be opportunities to participate in free, one-on-one sessions with leading coaches and consultants on aspects relating to leadership, strategy, innovation, entrepreneurship and career development.
Leaderex takes place from 10h00 to 18h00. Entry is free if you register online by 19 August. Alternatively, attendees will have to pay R100 when registering at the door.
Fairlady Women of the Future Awards 2016 top 10 finalists announced
Fairlady yesterday announced the top 10 finalists in the FAIRLADY Women of the Future Awards 2016, in partnership with Santam.
“Good ideas are easily come by – the real skill lies in having the smarts and the courage to turn that idea into a successful business,” says FAIRLADY editor Suzy Brokensha.
“I have so much respect for the women who enter the FAIRLADY Women of the Future Awards: they have created the most extraordinary businesses. It’s extremely difficult to choose the finalists – and I think that’s a great sign for South Africa!”
In the Woman of the Future 2016 category: The women in line for this award are over 25, and have been in business for longer than 1001 days. The finalists are:
- Jessica Bonin (Lady Bonin`s Tea) – owner of an all female-run company that produces its own tea
- Katherine-Mary Pichulik (Pichulik) – owner of a contemporary African jewellery and accessories brand
- Khaya Cokoto (X Spark) – owner of a company specialising in web and graphic design, and app and software development. The company also offers branding and social media services, 3D design and printing
- Lauren de Swardt (Kids Emporium) – nationwide franchise of 28 stores with the latest ranges of furniture, décor, maternity & children`s wear and toy store
- Sarah Collins (Wonderbag) – owner of a revolutionary non-electric heat-retention cooker
- Sarika Modi (Triple Eight) – owner of a company that works with major consumer brands in making a positive impact on people, the planet and profits through their marketing and CSR initiatives
- Tiffini Wissing (Old School Cool) – provides safety-conscious parents with transport vehicles for their children that are fitted with the latest safety technology, onboard cameras and live tracking
In the Rising Star 2016 category: These young go-getters are 25 and under, and have been in business between 6 months and 1001 days. The finalists are:
- Lebo Mphela (Malia Nail Care) – produces a local nail polish brand
- Liebre Eigelaar (FruitLips) – produces home-grown bespoke jams, marmalades and chutneys
- Moyin Oloruntoba (The A1) – produces online entertainment content geared towards youth culture
Grotech looks to raise R38 million in additional funding
GroTech is seeking R 38 million in additional funding to invest in technology startups, according to a BDLive report. GroTech is a Section 12J Venture Capital Company which will invest exclusively in disruptive technology opportunities.
The publication reports that Clive Butkow, GroTech CEO, said the company was finding “enormous potential” in technology innovations disrupting traditional industries such as banking, insurance, health and wellness, telecommunications, retail, media and entertainment.
“The investment pipeline is healthy,” said Butkow.
In March this year the fund announced that has attracted R62 million in its first round of capital raising. Of this amount, Caleo Capital, a wealth and asset management business, has invested significant capital into GroTech to help build and grow their venture capital interests. (BDLive)