The Business Accelerator

The Business Accelerator launched in 2018, developed to support firms to use their B-BBEE SED and ESD spend meaningfully and on projects that speak to their company core values and brands. The programme aims to support Black-owned businesses and entrepreneurs achieve their potential by providing them with access to finance that they would normally not have available to them through traditional financing institutions.

WHY ENTER?

Do you have a bold business idea that has the potential to be a gamechanger in your industry? If you are an aspiring entrepreneur or you are already running a small business, enter the Business Accelerator Programme and put yourself in the running to receive up to: R2 million preferential loan.

In addition, a grand prize of R50 000 seed capital is up for grabs for your business. The first runner up will also receive R20 000 and the second runner-up, R10 000.

WHO SHOULD ENTER?

The Business Accelerator Programme is open to all entrepreneurs, small businesses and established SMME’s nationwide.

THE SELECTION PROCESS:

Potential candidates will be screened by a panel of judges who will identify and invite the top 20 candidates to a capacity building workshop in Durban. The top 10 pitches will qualify for the second round of judging which is modelled on the “Dragon’s Den” concept. The winning candidates will then qualify for a mentorship programme and extensive business support.

HOW TO ENTER:

To enter, candidates need to submit their innovative ideas and projects by completing the online application below by Sunday, 24 January 2021.

APPLY NOW

2020 Business Accelerator Gallery (Facilitated by the Durban Chemicals Cluster)