CUT | Entrepreneurial Matriculant of the Year Competition

Calling all Innovative Entrepreneurial 2023 Matriculants!

This competition is for young aspiring entrepreneurs from the Free State and Northern Cape provinces.

Through taking part the participants will gain real-life experience in developing a business plan and pitching ideas to potential investors.

Real-life experience means problems. Learn how to problem-solve and make decisions as well as interpersonal skills and teamwork.

Scared of public speaking? We got you.

Develop your entrepreneurial skills.

Learn all of this and more during the course of the competition.

PRIZES TO BE WON!

There are categories for awarding prizes which will be announced. Prizes to the top 5 finalists are:

1^st prize R 20 000

2^nd prize R 15 500

3^rd prize R 12 000

4^th prize R 8 000

5^th prize R 5 000

2022 | 2021 Competition Newsroom

Read about the experiences of finalists from the 2022 competition.

CUT: Winners of the 2nd annual Entrepreneurial Matriculant of the Year Competition walk away with full CUT bursaries and cash prizes | 08 October 2022

Read about the experiences of finalists from the 2021 competition.

Courant: Young entrepreneurs show their mettle | 13 May 2021
CUT: 2021 Entrepreneurial Matriculant of the Year announced at CUT | 10 May 2021
OFM: Young designer on the road to success | 10 May 2021
OFM: Jong Bfn-entrepreneur teiken plaasmisdaad (AFR) | 11 May 2021
OFM: SUT bekroon jong entrepreneurs (AFR) | 10 May 2021
CUT: CUT’s Entrepreneurial Matriculant of the Year Competition is in the final stage! | 03 May 2021
CUT: Entrepreneurial Matriculant of the Year Competition kicks off at CUT | 16 March 2020

What were the winning ideas?

The top 5 finalists in 2021 presented these entrepreneurial projects.

	Learner	The idea
1	Mia Olivier	Sell school summaries to school learners.
2	Neo Mvambi	A wearable sanitizing bangle that you can refill/reuse.
3	Willie Pretorius	Leveraging artificial intelligence and taking highly advanced security products to the market.
4	Sebastiaan Meyer	Hunting and fishing equipment.
5	Chantel Chimbunde	Designs clothing for any event (men and women).

Sounds like something you would like to do?

First, are you eligible?

Current Grade 12 learners

How does it work

Keep this criteria in mind as you put together a written proposal:

Is there a need for this business?
Clearly identify the target market for your idea.
Make sure we can see your business is unique and innovative.
Identify your key activities and resources for the value proposition.
Demonstrate the value of the business for the customer.
Demonstrate the operational aspects of the business idea.
Demonstrate your drive to make the business work.
Show your financial projections for the business. Include your important costs inherent to the business model and how you will generate enough income to be sustainable.

The submission of your idea:

Impress the judges with your idea, the research you have done, your business sense and the potential you see for it. You will submit a 3-page written proposal.
Submission closing date will be communicated to registered learners.

Competition procedures

Entries can be submitted by completing the entry form below.
All entries will be reviewed by an expert adjudication panel.
50 qualifying entries will be selected and provided with training to refine their business plans in preparation for the final presentation.
Applications are accepted from individuals or groups up to a maximum of 5 participants per group.
The closing date of the competition 30 June 2023.

The outcome of the competition will be communicated to selected entrants only. Should you not hear from us by 19 July 2023, please accept that your application has been unsuccessful.

Competition is open

Personal details

Name and Surname

ID/Passport number

Gender

E-mail

Cellphone number

Province

Your Grade

Your School Name

How did you hear about the competition?

Competition details

Title of business venture

Provide a short description of the problem you identified in the market and your solution via the product / service you want to deliver.

Describe the characteristics of your main 2 target markets and motivate why you choose them. Remember you need to show the fit between your product / service and the target market).

Describe the value you going to deliver to your customers and show what is unique in your value delivery process compared to your competitors.

Give an idea of the buildings and equipment you need (capital goods) as well as the main day to day activities as well as long term activity planning.

List your different income streams and the amounts per month or per year as well as the costs for the same timeframe.

Do you have additional participants in your group? If yes, Add: Name, e-mail, cell nr and school.

Uploaded: 22 May 2023

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Entrepreneurial Matriculant of the Year Competition

2023