Startups are about to get a kick-start, thanks to Hyundai and 702.
Whether you were driven by the need to create jobs, or you were inspired by the dream of owning your own company, Hyundai and 702 want to give your business the opportunity to realise its potential.
Tell us what your business growth plan is, partner it with the right Hyundai Commercial Vehicle, and you could be driving off in a brand new Hyundai Commercial Vehicle, plus R50 000 in cash to kick-start your start-up, and a 24 week start-up incubation and training provided by the Awethu Project, worth R45 000.
Make sure you read the criteria for entry, to ensure that you and your business qualify.
Then, fill in the form with as much detail as you can, and submit.
A panel of judges will evaluate your entry, and will be in contact if you’re a finalist.
Each finalist will be required to participate in a Pitch Day on Friday 22 July 2016.
The outcome of the Pitch Day will determine the winner of the grand prize.
The grand prize will be awarded to one of the finalists selected by a panel of judges from Hyundai, Primedia Broadcasting and the Awethu Project.
The grand prize is:
The Awethu Project are the business consultants for The Hyundai Start-up with 702, and are experts in small business incubation and encouraging entrepreneurship. Each entry will be screened by the Awethu Project, under the guidance of their CEO Yusuf Randera-Rees. The finalists will be chosen by the Awethu Project, in collaboration with 702. The winner will also be receiving a 24-week start-up incubation and training provided by the Awethu Project, worth R45 000, as part of their prize.
Over the last six years the Awethu Project has grown from a R60K startup to a company with hundreds of millions of Rands to invest in their vision. They've incubated hundreds of entrepreneurs and positively impacted the lives of thousands of people. They've been recognised internationally by the Echoing Green Foundation and the Clinton Global Initiative, and locally by institutions such as the South African Government, and individuals such as Archbishop Tutu and Nku Nyembezi-Heita.FIND OUT MORE
Yusuf is the co-founder and CEO of the Awethu Project. He grew up in a mixed-race family under Apartheid, a unique experience that shaped his identity and commitment to this country. In 2000 Yusuf was one of the top matriculants in Gauteng, and took up a scholarship at Harvard University where he studied Economics from 2001 to 2005 and graduated with Honours.
Yusuf then moved to New York to work in a volatility trading group for Credit Suisse Investment Bank, before being asked to set up his group’s business in Zurich in 2006. In 2007 Yusuf was awarded a South Africa-at-Large Rhodes Scholarship to study at the University of Oxford, where he completed two Masters degrees, the first in Financial Economics and the second in African Studies (with the long-held goal of doing business in Africa in mind!).
At Oxford the idea for the Awethu Project took root, and Yusuf entered it into the largest business plan competition in the UK, run by the Oxford Business School. The idea was one of nine finalists, creating the momentum for Yusuf to move home after graduation and put the idea to the test. Six years later Awethu has grown from a R60 000 startup operating out of Yusuf’s parents house into the most innovative SME investment company in South Africa.
Business development and growth is fundamental to boosting the economy and creating employment in South Africa. Hyundai’s noteworthy range of commercial vehicles are built to give traction to business and drive industry forward.
Whether your business needs a solid people carrier, tough truck or something in between, when it’s a Hyundai, it’s backed by an industry leading warranty and a hallmark of resilience and strength.
Hyundai commercial vehicles love Mondays and crave a tough challenge. Successful businesses need grit, reliability and hard work. Isn’t it time you had an overachiever in your team? Go to www.hyundai.co.za to see the range.