Young SA entrepreneur gets prestigious award

Ludwick Marishane, founder of Headboy Industries LCC and senior at the University of Cape Town, was awarded the prestigious 2011 Global Student Entrepreneur of the Year by the Global Student Entrepreneur Awards (GSEA), the premier international competition for high school, college and graduate students who have founded and are operating revenue-generating businesses, marketwatch.com reports.

The competition involved nearly 2,000 students from 42 countries.

Marishane will benefit from the half million dollar prize pool of cash and in-kind business services, including a year of mentorship from Redbox founder, Mike DeLazzer. In 2007, the 21-year-old "opportunity obsessed" Marishane founded Headboy Industries to create products that solve the world's most difficult problems and make them available to everyone. Headboy's flagship product, DryBath, is the world's only bath substitute lotion for the whole body. First designed for sleepy college students too lazy to shower, its greatest application is for the millions of people worldwide who have no daily access to clean water.

"Participating in the Global Student Entrepreneur Awards was a game-changing experience for my personal and professional growth, and winning is proof that crazy high school dreams can go on to bring about real change in the world," Marishane told marketwatch.com.

Read the full article on www.marketwatch.com.