The Entrepreneurship Development in Higher Education (EDHE) in collaboration with the Allan Gray Orbis Foundation, has launched its first Entrepreneurship Intervarsity competition.
The aim of the competition is to identify and support student entrepreneurs who have been able to establish their own businesses, along with those who have innovative ideas they would like to pursue while studying.
The competition is presented by the Department of Higher Education and Training (DHET) and Universities South Africa (USAf).
According to the EDHE the competition will showcase student’s businesses and invite investment into them. It will also provide an opportunity for aspiring entrepreneurs in the ideation phase to pitch their innovative business ideas, as well as universities getting to demonstrate their entrepreneurial talent in which they support and grow the next generation of leaders.
The organisation further states that the competition will consist of three rounds, the internal round is at a level of each participating university, the regional round is where winners identified per institution will compete to enter the national round, which is the final stage of the competition. The national finals will take place on 18th and 19th September.
The Entrepreneurship Intervarsity competition has four categories which the participants can choose from:
Category 1 – Innovative Ideas
Category 2 – Tech Business
Category 3 – Social Impact
Category 4 – General
Students from the 26 public universities across the country are encouraged to enter and complete the online entry form, as well as upload a two-minute video pitching their business ideas.
Applications open today (19th March) and close 18th April 2019.