Our sponsorships in the area of business aim to honour and uplift South Africa's SME’s, as well as those hardworking and innovative entrepreneurs who play a significant role in the welfare of rural communities and the country in general.
The annual Entrepreneur of the Year® competition sponsored by Sanlam and BUSINESS/PARTNERS was initiated by Business Partners Limited in 1989 and initially only open to Business Partners Limited clients. The competition was opened to all small and medium-sized enterprises (SMEs) in South Africa in 2010, with Sanlam as the co-sponsor.
The competition is open to all SME owners from all industries. It has five award categories namely; Emerging Entrepreneur (businesses that have been in operation for less than five years and with a turnover of less than R5 million); Small Business Entrepreneur (businesses with a turnover of between R5 million and R20 million); Medium Business Entrepreneur (businesses with a turnover of more than R20 million); Job Creator of the Year (businesses which employ a significant number of employees and plays a key role in uplifting, up-skilling and training them) and Innovator of the Year (businesses which are innovative in the product or service they offer to the market). Two additional award categories are awarded at the discretion of the judges and the steering committee, namely Judges Prize and Lifetime Achiever categories.
Finalists stand the chance to win prizes worth a total value of R2 000 000, which includes cash prizes of R50 000 for each category winner, R25 000 for the Judges Prize winner and R150 000 for the overall winner. Furthermore, all category winners will receive vouchers for mentorship and diagnostic analysis of their business to the value of R40 000 each and R45 000 for the Judges Prize winner. All winners will also get extensive exposure in public domain to boost sales and their company profiles.
For more information visit http://www.eoy.co.za