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GIBS |
Festival of Ideas 2020

Author: Entrepreneurship Development Academy
Source: GIBS News

​Do you have a business idea that addresses a social or environmental problem?

We’re giving away up to R 70 000 in cash prizes! 
If you think you have what it takes to pitch to a panel of experts and a live audience, we want to hear from you.  

The GIBS Entrepreneurship Development Academy, in partnership with SAB Foundation, will be hosting the 7th annual Festival of Ideas Competition at the GIBS campus in November 2020. The festival provides a platform to showcase sound business ideas that drive a social or environmental mission to achieve social change. Aspirant social entrepreneurs will have the opportunity to pitch their unique business ideas to a panel of experts for a chance to win a share of R70 000 in cash prizes.


HOW TO ENTER:
Send a two-minute voice note of your idea on WhatsApp to 063 611 8494. Please include your full name and email address. 
Entries close on 13 November 2020.


HOW IT WORKS:
Send a two-minute voice note of your idea on WhatsApp 
50 candidates will be shortlisted and notified by 17th November 2020 
All shortlisted candidates must attend a Pitching Workshop to be held virtually on zoom on 20 Nov 2020 (date subject to change, confirmation will be sent to all candidates)
A second shortlisting will take place on the Workshop day and the top 10 candidates will be chosen to pitch to a panel at the main event.
The main event will be held during Global Entrepreneurship month at GIBS on the 27th  November 2020, where the top 10 finalists will pitch their ideas to win a share of the prize money.

TERMS AND CONDITIONS
Only SA citizens are allowed to apply
Only voice note entries will be accepted; 
Voice notes must be clear and a maximum of 2 minutes
No entries will be accepted after 17th  November 2020;
Only shortlisted candidates will be contacted;
Attendance of the workshop is compulsory for all shortlisted candidates. Failure to attend will result in disqualification; 
Excludes transport and accommodation. All shortlisted candidates will need to pay for and arrange for their own transport to GIBS in Johannesburg for the main event;
All ideas must have a social or environmental benefit;
No cash will be given on the day of pitching, your banking details are to be sent and the money will be deposited in your account;
Judges reserve the right not to award the full amount of prize money;
Judges’ decision is final;
GIBS and its partners reserve the right to market all aspects of the event as well as the winners for promotional purposes without remuneration being made payable to the winners.
All competition participants must be over 18 years of age.

 


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