The Endeavor South Africa's programme is now eighteen strong, with the addition of Drifts Brands, Michael Mikiala Men and ForGood, selected from five shortlisted candidates out of 120 entries.
The selection panel consisted of Carlo Gonzaga - Taste Holdings (Scooters, NWJ, Maxis)/Endeavor entrepreneur, Tony Smith - Quintica, Jasper van Heesch - Deloitte, Brian Muzaretwetu - Ernst & Young, Natalie Killassy - Stitchwise/Endeavor entrepreneur and Sanjeev Orie, FNB.
The aim of the program is to revolutionise the way early stage South African entrepreneurs are developed by leveraging the global skill that reportedly makes this one of the premier entrepreneurship support networks in the world.
These early-stage entrepreneurs will have access to training, mentorship, consulting services and strategic introductions. They will be hooked into its local and global network of business leaders and role models, who volunteer their time to help selected entrepreneurs to develop and grow their businesses. So far, two Excelerator Entrepreneurs have qualified and been sent to Endeavor International Selection Panels, which evaluates their business against peers globally.
Drift Cockroach killer is SABS approved, tested, and registered and Mohlakoana has been able to list the product in Pick 'n Pay, Spar, Shoprite and Massmart as well as having an extensive distribution network in the informal sector. Drift Brands currently has revenues of R3 million and plans to expand this by focusing on the formal market by outsourcing expensive merchandising costs to scale the business nationally.
Tsakani Mashaba, 32, has spent over two years of extensive research and development to produce a line of face washes, bump lotions and moisturizers targeted at this specific market. To help educate the market, Mikiala is negotiating with a strong retail partner to create a unique space for men