Rotary Club of Newlands to invest in entrepreneurs
26 May 2015
The Rotary Club of Newlands are to sponsor the Tertiary School in Business Administration’s (TSiBA) recently launched Pitch and Poster competition. Students enrolled in the entrepreneurship course are encouraged to enter the competition. They stand a chance of winning a share of R15 000, sponsored by the Rotary Club of Newlands.
Non-profit tertiary business school, TSiBA’s Ignition Centre Manager, Abraham Oliver, says, “It will be the first time that students from all the classes will be able to work together and compete against each another with their own business ideas. This competition is part of TSiBA’s strategy and vision to ignite opportunity among its students. It will be the beginning of a hatchery within the Ignition Centre for student ideas, which will lead to incubation within the centre and eventually a new business start-up. We are hoping that the TSiBA Pitch and Poster Competition will lead to many student initiated businesses and a stronger connection between the Ignition Centre.”
Rotarian Kenny van Aardt adds, “We are very excited to be investing in these young entrepreneurs; we need more entrepreneurs in our country to help build our economy. Apart from the prize money that we are sponsoring, we are also looking forward to providing our mentorship and guidance to the students throughout the process.”
Dr. Ron Duggins, director of the Centre for Business Development at Meridian Technology in Oklahoma, USA encouraged the students with his P.O.S.T. UP strategy for success as an entrepreneur. “This inspiring strategy is an analogy for a basketball game when a player “posts up” in preparation for receiving the ball and scoring. The acronym P.O.S.T. stands for preparing a foundation, opportunity or making the most of every opportunity given, setting up your network, and taking action,” explains Duggins.
For more information on TSiBA visit http://www.tsiba.org.za or phone Abe Oliver on +27 21 532-2750.