The Cape Town Entrepreneurship Competition 2011 is a national competition and gives top entrepreneurs the opportunity to present their ideas and business plans to an audience selected, registered and accredited by the Organizers and Workgroup.
The competition operates along the same lines as a business plan competition although it is aimed at innovation lead entrepreneurship with a strong technology focus. The competition has three tracks, namely one aimed at idea stage entrepreneurs, the second aimed at startup businesses and the third at more mature growth/expansion phase companies.
The duration of the competition will be two months, with the finals in February 2011. The first place winners of tracks two and three will have the opportunity to participate in the Global Entrepreneurship Competition in 2011.
Apart from the cash prizes, the winners will also be considered for participation in further enterprise development and training programmes offered by the various partners of the City of Cape Town.
The City of Cape Town has embarked on a strategy to position Cape Town as a leading enabler of entrepreneurship on the African continent. This strategy is being implemented through two work streams, the establishment of an Entrepreneurship Ecosystem and a Global Entrepreneurship Competition.
Entrepreneurs wanting to enter can do so from 07 October at CTEC.