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Top township entrepreneurs will advance to the national finals later this year, competing for a bigger monetary prize, greater exposure and growth opportunities for their businesses. Applications for the provincial leg close on 6 May 2025.
In each province, 15 entrepreneurs will be shortlisted and invited to pitch their businesses to a panel of judges. From these, the top three winners will be selected, with R30,000 awarded to the first-place winner, R20,000 to the second-place winner, and R10,000 to the third-place winner.
The top two winners in each province will then gain access to a detailed pitching masterclass designed to sharpen their business models, storytelling abilities, and presentation skills.
These finalists will prepare to compete against winners from the other provinces at the national finals later this year, where a share of R500,000 in prize money is up for grabs.
“By expanding the pitch challenge nationally, Standard Bank deepens its impact on South Africa’s township economies, helping even more local businesses navigate typical business challenges, constraints to market access, and build sustainable enterprises,” says Naledzani Mosomane, head of enterprise development at business and commercial banking, Standard Bank South Africa.
Interested entrepreneurs must visit this link https://bit.ly/4m6fhxE to apply for the Standard Bank 2025 Kasi SME Pitch Challenge and secure their chance before Tuesday, 6 May 2025.