2023 #YouthStart Entrepreneurial Challenge gets down to business

7th June 2023

Last month, the City’s Social Development and Early Childhood Development Department narrowed down the participants in the #YouthStart Entrepreneurial Challenge from 162 to the top 100. Participants are currently busy with training sessions in preparation for the final round during the challenge. Read more below:

This year, the #YouthStartCT Entrepreneurial Challenge is split into two categories – existing business and business ideas, as these would require different skills development. 

The top three in the existing business category and the top five business ideas will compete for the ultimate prizes.

The business categories include agriculture/farming, business services, tourism, finance, manufacturing and Information Technology (IT).

Participants are getting down to business in a  series of training sessions which started on Saturday, 3 June and will run up to 17 June 2023. These practical sessions will assist with pitch preparation to an adjudication panel. The final pitch for the category - existing businesses -  will be on 17 June 2023 followed by site visits as part of a verification process.

The winners of the various categories will be announced at an award ceremony on Wednesday, 21 June 2023.  

 ‘We are excited to see so many participants competing in the #YouthStartCT Challenge as everyone is hoping for a place on the podium. Apart from announcing the category winners, the training sessions are of great value to hone existing business skills, share knowledge and create networking opportunities. Good luck to all those participants as we head into the home straight. Thank you to all of those who entered and to the final group competing for top honours. This is a great learning experience for us all,’  said Mayoral Committee Member for Community Services and Health, Councillor Patricia van der Ross. 

 

Issued by The City of Cape Town