Enter for Entrepreneur of the Year competition

Entrepreneurs stand a chance at winning prizes worth R1,340,000, which includes cash prizes of R300,000 and all finalists and winners are also provided with the opportunity to expand their networks and receive invaluable exposure for their businesses.

Nimo Naidoo, project manager of the competition, says that entrepreneurs are faced with various challenges and that it aims to assist entrepreneurs overcome these. "Obtaining a credible reputation amongst various other competitors and securing additional capital to grow a business are often two key challenges that business owners encounter on their entrepreneurial journey.

Affordable marketing platform

"In challenging economic conditions, competitions offer an affordable marketing platform and, by utilising these platforms, entrepreneurs can grow their business by increasing both their brand reputation and bottom line.

Due to the success and exposure that many of the 2012 winners encountered, the competition has already exceeded the number of entries received during last year's campaign, with a few weeks to go until the closing date.

"We have already received entries from exceptional entrepreneurs with very promising businesses and look forward to responses from the remainder of the local entrepreneurial community."

For more, go to www.eoy.co.za.