Some start their entrepreneurship journey with the purpose to lead, make more money or because of unemployment.
The Global Entrepreneurship Monitor report reveals that many South Africans have resorted to starting their own businesses in response to not unemployment.was used as motive to start a business, as the number grew from 84.7% in 2021 to 89.5% in 2022. Thus they and various stakeholders continue to run the small and medium-sized enterprise toolkit competition, which is also known as the Business Plan Competition.can play a pivotal role in changing lives and livelihoods. This in turn, ties in with the United Nations’ Sustainable Development Goals,” said Morobe.are important because they make a visible contribution towards alleviating poverty through job creation, innovation and social empowerment.
“The competition will kick off with a series of in-person and online training sessions and culminate in a competition which will require entrants to submit a business plan for their chosen idea.”
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