Local winners of 2024 Xero Beautiful Business Fund revealed

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The 28 winners of the 2024 Xero Beautiful Business Fund will receive a share of an R8 million global prize pool.

A total of 28 winners were announced globally, with four being selected for South Africa., with the global initiative looking to reward businesses that seek to make a meaningful impact to the community in which they reside.A total of 28 small business and non-profit winners were announced, with each winning a share of an R8 000 000 global prize pool.

“Winners from South Africa, Australia, Canada, New Zealand, Singapore, the UK and the US were selected based on a 90-second video demonstrating how they would use the funding to support their future business goals,” explained Xero in a release shared with Hypertext. “Xero small business and non-profit customers could enter under four categories: Innovating for environmental sustainability, Trailblazing with technology, Strengthening community connection, and Upskilling for the future,” it continued.

The 24 country winners will each receive R250 000 from Xero, while the four global winners will each receive R550 000.“The stories of these self-made businesses are truly inspiring to watch. They embody the resilience and optimism that’s at the heart of South African small businesses. This year’s winners are doing incredible work, using technology to innovate and make a positive impact on their communities,” added Colin Timmis, country manager at Xero South Africa.Editor of Hypertext.

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