What young Motswana entrepreneur would refuse a free airline ticket to New Delhi, India, a US$5,000 cash award as startup funding, and a chance to present a business plan to several thousand potential partners, investors and mentors from around the world?
JCI Botswana continues to encourage young entrepreneurs and promote innovation and leadership amongst Batswana youth. On top of the outstanding youth program that the international organization launched last week, JCI Botswana is once again giving young Botswana entrepreneurs a chance to compete on the same level with their peers from around the globe through their best business plan competition.
Young Botswana entrepreneurs are invited to enter the JCI Botswana Best Business Plan Competition 2008. “The competition is open to all young entrepreneurs living in Botswana between the ages of 18 and 40” explained JCI Botswana President Dan Kekwaletswe. He went on to explain that the competition will open doors for young Botswana entrepreneurs to compete on a global scale.
“Botswana is home to dynamic young business owners and aspiring entrepreneurs,” Kekwaletswe continued. “So we’re providing these people with a chance to enter this national competition and to show their ability and potential to progress to international level.” Kekwaletswe explained.
Three simple documents are required in order to enter: a completed entry form, an Executive Summary and a Business Plan for the creation of a new enterprise, endeavor or social activity to create positive change.
From these entries a panel of experts drawn from within the economic and entrepreneurial communities will select 16 local finalists to on to the 2008 JCI Best Business Plan Competition.
The 4 of 16 national finalists will be announced. Only one finalist will be entered into the international JCI Best Business Plan Competition for a chance to become one of the four JCI international finalists.
Each of four international finalists, chosen from all entries worldwide, will receive one free round-trip airline ticket to New Delhi, India, in November 2008, to attend the JCI World Congress. The prize package also includes a five-day hotel stay at the Congress headquarters hotel in New Delhi, one free JCI World Congress registration, and the opportunity to present his or her business plan to a panel of judges from around the world. Additionally, the winner, selected by the panel, will receive a $5,000* US cash prize.
“Considering what is awarded to the four world finalists, it’s really well worth the time it will take to compile your entry,” said Kekwaletswe.
“The business plan entries that will stand out are those that clearly demonstrate the anticipated benefit to the community or world, innovation, quality and a clear vision of how your business will excel over the competition,” said Kekwaletswe.
JCI Botswana is a part of JCI (Junior Chamber International), a worldwide federation of young leaders and entrepreneurs with over half a million members, JCI has Senators and senior members in more than 100 countries and territories around the globe. JCI launched the “Best Business Plan of the World” competition in 2001.
Entrepreneurs wishing to enter the JCI Botswana best business plan competition can get more information and entry forms send an email to JCI Botswana Office [email protected] or by contacting JCI Botswana Executive Director Ngwatshi Enyatseng at 3922218. Alternatively, check www.JCI.cc/Botswana for more forms. Photocopies will be accepted. For more information on the international program please visit www.jci.cc. The prize is the final draw that will be done in India at the World Congress, where other contestants from over 100 countries will be competing.