Global Entrepreneurship Network Report by Thabo Thema

GLOBAL ENTREPRENEURSHIP NETWORK SOUTH AFRICA

IMPACT REPORT | 2017 DRAFT

GLOBAL ENTREPRENEURSHIP WEEK SOUTH AFRICA

TABLE OF CONTENTS

A MESSAGE FROM THE PRESIDENT................................ 1 GEN GLOBAL BOARD..................................................... 3 A MESSAGE FROM GEN SA CHAIR................................ 4 GEN SA BOARD.............................................................. 5 GlOBAL IMPACT.............................................................. 6 GEW SOUTH AFRICA 2017............................................. 13 LOOKING AHEAD........................................................... 45

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A MESSAGE FROM THE PRESIDENT WELCOME TO GEN

A few months ago, during Global Entrepreneurship Week, many of you across the globe joined in celebrating the birthday of a common man who did uncommon things. Had he been alive, Ewing Marion Kauffman from Kansas City would have been 100 years old. The communities that form the Global Entrepreneurship Network working in more than 165 countries to inspire, connect, understand and support entrepreneurs are a reflection of his generosity and determination.

In 2017, we celebrate 10 years of unleashing new ideas

efforts like the Global Enterprise Registration site at ger.co

through Global Entrepreneurship Week (GEW). Our

– encouraging governments to streamline their business

anniversary was marked by long time champion Richard

registration processes – and our Global Business Angels

Branson and the opening of our first GEN branded startup

Network of early stage investors from 53 countries.

campus, 22 ON SLOANE. Since it launched in 77 countries

We also are launching an effort this year to match mid-tier

in 2008, GEW has been the impetus behind more than

cities across the world to develop collaborative projects

120,000 events, activities and competitions with nearly 60

among local entrepreneurs. GEN also works closely with

million participants to help people unleash their ideas and

startup policymakers to remove barriers to new firm

take the next step in their entrepreneurial journey. It has

formation. One example is our three-year agreement with

also fostered connections among entrepreneurs, mentors,

the U.S. Government to convene a ministerial as part of

investors, researchers, policymakers and others involved

the Global Entrepreneurship Congress each spring. GEN

in helping new firms start and scale.

has also built a Startup Nations policymaker network

As it grew and evolved, GEW gave rise to GEN which

with 73 members and has launched a Startup Nations

now provides a year-round platform of programs and

Atlas of Policies (startupnations.co/snap) to collect and

initiatives to help entrepreneurs and shape and strengthen

analyse policy proposals and public programs under way

entrepreneurship ecosystems all around the world.

around the world. Alongside all this, whether to inform

Through our competitions like Startup Open, Get in the

better support programs or smarter policymaking, we

Ring, the Creative Business Cup, the 1776 Challenge

have built the Global Entrepreneurship Research Network,

Cup, the Future Ago Challenge and the dozens more

led by the Kauffman Foundation, to align those that

competitions operating on our Startup Compete platform,

fund entrepreneurship research to better understand

we have been able to welcome extraordinary founders

which interventions are most effective in helping

from across the world into our peer-to-peer network

entrepreneurship flourish.

called the GEN Starters Club. We support them through

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Naturally as a network, we are connecting all these pieces

ahead now lies in our pursuing a vision bigger than the

through our virtual platform GEN Connect at genglobal.

sum of its parts. We need your input to help us reach for

org/connect, as well as through our live events, such

the big ideas. At GEN, we know that innovation knows no

as our annual Global Entrepreneurship Congress. We

borders. We are focused on what is common among the

have also developed an entrepreneurship event with

actors within the global entrepreneurial ecosystem and

the White House in Silicon Valley bringing investors and

we believe entrepreneurs across the world are poised

entrepreneurs together from around the world; kicked

for a new renaissance. We hope you will join GEN us

off a new series of events, called GEC+, in Daegu, Korea

at genglobal. org and, as Mr. Kauffman showed us be

on entrepreneurship education and held our Startup

uncommon.

Nations Summit for policymakers in Ireland during GEW 2016. For many of us however, the most significant

- Jonathan Ortmans

development of 2016 was what changed in our world.

President, GEN Global

A wave of uncertainty and rapid change is sweeping across the globe evidenced in both our elections and the disruption of traditional industries. While many may be anxious about these uncertainties, entrepreneurs see opportunities. Inspiring tens of millions of people over the past 10 GEW campaigns to consider entrepreneurship at some point in their life journey has generated an army of nascent startups keen to validate and scale their visions – aimed at complex, regulated industries like health care, transportation, energy and education. While GEN connects investors, established corporations, educators, researchers, governments, policymakers, entrepreneurs and entrepreneurial support programs, the opportunity

160 25k COUNTRIES

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PARTNERS

ECOSYSTEM

GEN GLOBAL BOARD GLOBAL ENTREPRENEURSHIP NETWORK LEADERSHIP

The GEN Global Board works to provide leadership and guidance to GEN’s mission to create one global entrepreneurial ecosystem.

NEIL DHILLON

GEORGE GROB

DONNA HARRIS

HEAD OF INTERNATIONAL RELATIONS

PRESIDENT CENTRE FOR PUBLIC PROGRAM EVALUATION

CO-FOUNDER 1776

SAUDI ARAMCO

JEFF HOFFMAN

REBECA HWANG

ERIK PAGES

PARTNER/CO-FOUNDER COLORJAR

MANAGING PARTNERS RIVET VENTURES

PRESIDENT ENTREWORKS CONSULTING

TOM SULLIVAN VICE PRESIDENT, SMALL BUSINESS POLICY U.S. CHAMBER OF COMMERCE

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CRIS TURNER

JONATHAN ORTMANS

MANAGER FOR GOVERNMENT AFFAIRS PRESIDENT DELL GLOBAL ENTREPRENEURSHIP NETWORK

A MESSAGE FROM THE GEN SA CHAIRPERSON ACKNOWLEDGEMENT

During the Global Entrepreneurship Congress, held in

November, with great feedback received and excitement

Johannesburg, we presented GEN South Africa, the

of what is to come from the Startup Campus. All this would

nominated board and their plans to strengthen the

not have been possible without the support of our partners

ecosystem. GEN SA oversees the annual operation

who are committed to stimulating entrepreneurship in

of programmes and activities aimed at fostering and

South Africa. We would like to offer our gratitude to the

supporting entrepreneurs’ in the country. The network

following partners for their continued involvement and

provides a year-round platform of programmes and

support during the week; The Global Entrepreneurship

initiatives aimed at creating jobs, accelerating innovation

Network South Africa (GEN SA), Department of Small

and strengthening economic stability. Ranging from efforts

Business Development (DSBD), Hollard, IDC and the South

to inspire, educate nascent entrepreneurs, advancing

African Breweries (SAB) Foundation.

research and connecting global leaders. We look forward to hosting many more activities with While we expected to launch GEN South Africa announcing

you as well as continue to shape our entrepreneurship

its stellar Board of Directors and plans, we did not expect

ecosystem, provide better support to entrepreneurs’ and

GEN Africa to emerge from the Congress. Over the past

providing them with access to resources regionally and

few months post the congress we consulted with various

globally.

stakeholders within South Africa and across the continent to collate a three year strategy, which lead to the formation and launch of the startup campus. The launch of GEN22 on Sloane and other events hosted

Nyeleti Magadze

during the week were spoken of throughout the month of

Chairperson, GEN South Africa

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GEN South Africa Board

Nyeleti Magadze Group Executive: Governance and Corporate Affairs, Hollard Insurance

Bridgit Evans

Stuart Bartlett

Head of SAB Foundation

Department Head: Development Impact Industrial Development Corporation

Thakhani Makhuvha

Seapei Mafoyane

Chief Executive Officer Small Enterprise Development Agency

Chief Executive Officer Small Enterprise Finance Agency

Chief Executive Officer Shanduka Black Umbrellas

Kizito Okechukwu

JONATHAN ORTMANS

MOJALEFA MOHOTO

GEN PRESIDENT

CHIEF DIRECTOR, DEPARTMENT OF SMALL BUSINESS DEVELOPMENT

Mandisa Tshikwatamba

Executive Head GEN22 on Sloane and SEA Africa

GEN SA BOARD SUPPORT

MULALO RAMBAU SENIOR DEVELOPMENT IMPACT SUPPORT SPECIALIST, IDC

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ALESIMO MWANGA RESEARCH DIRECTOR 22 ON SLOANE AND SEA AFRICA

A WORLD OF IMPACT ACROSS THE GLOBAL ENTREPRENEURSHIP NETWORK IMPACT REPORT | 2017 DRAFT

CELEBRATE

GLOBAL ENTREPRNEURSHIP WEEK

The world needs more entrepreneurs, but not all ecosystems enjoy the entrepreneurial culture that is prevalent in startup hubs like Silicon Valley, Singapore and Sao Paolo. Celebrating the successes and impact of entrepreneurs can break down cultural barriers and reach new audiences. Global Entrepreneurship Week board members include: • Susan Amat Executive Director The Launch Pad at Toppel • Elmira Bayrasli Co-Founder Foreign Policy Interrupted • Neil Dhillon Head of International Relations Saudi Aramco • Kevin Langley Founder and CEO Ellis Construction • Jonathan Ortmans President GEN

GLOBAL ENTREPRNEURSHIP WEEK From startup competitions and local workshops, to recognition and support of government leaders from around the world — more than 8. 6 million people celebrated Global Entrepreneurship Week in 164 countries with the help of more than 17,000 partners and activities. Deputy President Cyril Ramaphosa and Minister of Small Business Development Lindiwe Zulu of South Africa opened Global Entrepreneurship Week in Johannesburg, launching the theme of digital disruption and opening dialogue for the Global Entrepreneurship Congress held in March 2017. With more than 37,000 events held around the world, GEW highlights we have received highlights from entrepreneurs who were inspired to take a leap of faith, to government leaders who champion startup policy. The following impact stories barely scrape the surface of the amazing work GEN countries and partners have accomplished during Global Entrepreneurship Week 2016/2017.

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BONAIRE

CHINA This past November, China celebrated its 10th year for

GEN board member Jeff Hoffman, co-founder of Colorjar, visited Bonaire during Global Entrepreneurship Week to speak to entrepreneurs at the closing gala. He spoke about launching and running a successful business in a small community. GEW Bonaire opened with a student competition, where six young finalists had to pitch their ideas to a panel of judges.

organizing a global entrepreneurship week. China has established well-attended and relevant events throughout its time organizing GEW, but expanded its programs this year to include an executives annual meeting, DoerLink Top 500 Innovation Demands Release Conference, and a day focusing on innovation in artificial intelligence “AI Day: The Future of AI.” AI Day featured demonstrations and information on hard technology, healthcare, games,

BRAZIL

finance, virtual reality/augmented reality, and other active

The GEW host organization in Brazil, Endeavor is not only well underway to establishing GEN Brazil, but they have also come up with an innovative, effective and inclusive way of ensuring GEN Brazil covers the whole country. GEW Brazil launched a selection process to recruit local GEN leaders. They are looking for GEN leadership candidates in 32 cities in Brazil. Those who are passionate about wanting to make a difference to their cities and have the ambition to lead the efforts to transform their city were invited to apply.

fields. During the past 10 years, more young entrepreneurs have developed scientific views of employment and entrepreneurship, while the GEW organizing host Shanghai Technology Entrepreneurship Foundation for Graduates (EFG), has gathered a large number of incubators and entrepreneurial service organizations due to the development of GEW China, and become the cradle and base for entrepreneurs. The new forms of early-stage entrepreneurial projects provide new impetus for the innovation of more and more colossus companies.

KOSOVO The U.S. Ambassador to Kosovo, Greg Delawie gave the keynote speech for GEW Kosovo during the opening day, and discussed the World Bank’s Doing Business 2017 report results features Kosovo ranking in the Top 15 countries in the world for starting a business. Some themes featured during GEW 2016 in Kosovo included entrepreneurship in education and acess to finance for business. GERMANY Germany celebrated Global Entrepreneurship Week with a variety of events, with several focused specifically on women in entrepreneurship. During one day of GEW, a telephone hotline was open for women to call and ask questions about starting a business and becoming an entrepreneur. Germany had more than 1,500 events scheduled for the week, with more than 1,000 partners organizing events across the country. Not only did Germany celebrate the five global themes, but they also featured discussions about migrants and refugees, and senior entrepreneurship

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SOUTH KOREA The GEW South Korea host reported that an educator at a vocational school recently introduced an entrepreneurship workshop for her students after 25 years of teaching. The teacher said she worked hard to customize materials and adjust her teaching methods and pedagogy and said she feels that her student’s self-esteem seems to have improved thanks to using and teaching entrepreneurial skills

GEW catalyses local communities in different ecosystems and economies around the world to support entrepreneurs and encourage new firm formation. During GEW, there was an educators’ training workshop where an outline for public and private schools to include entrepreneurship as part of regular courses through 2018.

SOUTH AFRICA GEN President Jonathan Ortmans, Deputy President Cyril Ramaphosa and Minister of Small Business Development Lindiwe Zulu of South Africa opened Global Entrepreneurship Week in Johannesburg, ahead of the GEC in March. GEN South Africa hosted the Idea Space Fair, ED Challenge and Digital Challenge in partnership with Facebook and Microsoft in 2016. Fifteen finalists were selected from across Africa with the opportunity to pitch their business on the global stage at the 2017 Global Entrepreneurship Congress, held for the first time in Africa. IRAQ My eDream, the GEW host for Iraq and Kurdistan celebrations, featured events for entrepreneurs, and included a keynote speech from His Excellency Minister of Labor Mohamed Qadir Hawdiani, who emphasized the importance of building the private sector in the region and encouraged young people to start their own businesses. LIBYA In Libya, GEW celebrations were a success with more than 12,000 people attending various events in a number of cities, including Albaydha, Derna and Shahat. GEW Libya ended with a closing ceremony that was attended by the Deputy Prime Minister and the Minister of Education. Hosted by the National Board for Technical and Vocational Education/ Ministry of Education, with 35 partner organizations, GEW was widely covered in national television and radio.

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UNDERSTAND FROM RESEARCH TO POLICY

Parallel to the increasing amount of data that

technologies have been unleashed on traditional

demonstrates the powerful impact of new and young firms

industries bringing new, unfamiliar regulatory challenges

on entrepreneurial growth, there is increasing demand

to governments. The co-hosts and partners of the Startup

from countries for experts who can provide solid, evidence-

Nations Summit in Tallinn believe that hands-on policy

based counsel in terms of policies and programs that

design and experimentation knowledge exchange at SNS

accelerate that growth. The problem is there are still more

should lead to actual implementation. The Startup Nations

questions than answers, leaving much for us to better

Summit 2017 will therefore feature a Policy Hack for

understand.

selected participants to design, test and develop a policy solution to help new and young firms. Seasoned, expert

Through the Global Entrepreneurship Research Network

policymaker peers will join startup entrepreneurs to guide

and Startup Nations, GEN is helping increase the quality

the process and provide feedback.

and quantity of research available to policymakers and startup community leaders to help identify best-in-class

After a schedule-packed working visit to Estonia and

programs and policies that help entrepreneurs launch and

Finland, the Minister of Small Business Development

grow new firms. The Summit was the official conclusion of

South Africa, Ms. Lindiwe Zulu recently returned to South

GEN’s Global Entrepreneurship Week 2017, a celebration of

Africa armed with a wealth of global entrepreneurial

entrepreneurship boasting more than 35,000 events with

policy insights, specifically those related to startups. The

around 10 million participants in 165 countries

key highlight of the Minister’s trip was her participation in the Startup Nations Summit, hosted by the Global

Over the past 10 years, a new field has emerged in public

Entrepreneurship Network in Estonia. At this pivotal event,

policy around smarter ways for governments to enable

a network of entrepreneurial policymakers from more than

the founders of new firms to start and scale more quickly

60 countries engaged to identify, test and track innovative

in pursuit of economic stability and job creation. As more

policy levers and smart public sector-driven programmes

entrepreneurial societies have taken root, disruptive

for new and young businesses.

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The Summit was the official conclusion of GEN’s

• Engaging SMMEs to understand existing ‘red tape’

Global Entrepreneurship Week 2017, a celebration of

issues through platforms, such as the SMME Policy

entrepreneurship boasting more than 35,000 events with

Hackathon;

around 10 million participants in 165 countries.

• Facilitating access to market for the SMMEs and start-ups

For Minister Zulu and Jonathan Ortmans, president

by opening up new markets for businesses in countries

of GEN, it now made perfect entrepreneurial sense to

through exhibitions and partnerships - and to ensure

collaborate in a more official capacity and the Minister has

they are fully informed about government regulations in

signed a Memorandum of Understanding in order to help

perspective countries;

fast-track the achievement of their mutual entrepreneurial

• Providing support to the 22 ON SLOANE Start-up

development objectives.

Campus, an innovative GEN Africa initiative, which

The terms and understanding laid out in the MOU for

provides business development and advisory services to

collaboration include:

residents and walk-ins.

• Participating in the annual Global Entrepreneurship Week

“For us to increase the rate of established high growth

(GEW) and advocating for greater ecosystem cohesion;

enterprises, we need to assist start-ups to scale and

• Participating in international platforms, such as the Start-

create a breed of enterprises that are sustainable,

up Nations Summit (SNS) and the Global Entrepreneurship

competitive and contribute to regional and global value

Congress (GEC), including GEC+ in order to explore new

chains,” Minister Zulu said.

markets and collaborations from which SMMEs can benefit; • Working with GEN Africa to realise the 2017-2020 Strategy across multiple industry sectors;

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Featured Delegates

Kristin Schreiber

Ezrra I. Orozco

Ghassan Alsulaiman

Director, EU Programme for the Competitiveness of Enterprises & SMEs (COSME)

Vice Minister for SMEs Development, Guatemala

Governor of the SME Authority, Saudi Arabia

Lindiwe Zulu Minister of Small Business Development, South AfriCA

Marcia Montes Cantillo

Pichet Durongkaveroj

Deputy Minister for the Economy, Industry & Commerce, Costa Rica

Minister of Digital Economy & Society, Thailand

Pieter Waasdorp Pieter Waasdorp

Urve Palo Minister of Entrepreneurship and Information Technology, Estonia

“The Estonian startup community was thrilled to host the startup ecosystem key players from around the world in Estonia. We hope showcased how truly global a small country such as Estonia can be in its mindset and how exciting and impressive startups are grown here.” - Startup Estonia

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GEW SOUTH AFRICA 2017 The 10TH Annual Celebration

South Africa’s Entrepreneurship Ecosystem is expanding South Africa is the leading nation participating in GEW

GEW South Africa has received global recognition and has

based on the number of partners and activities. We

enjoyed the participation and support from the department

are creating a groundswell of activities that inspire and

of small business development, private sector, industry

advance entrepreneurship in South Africa demonstrating

captains and ecosystem thought leaders.

to the world how innovation and private enterprise are transforming the country for the better. In 2017, GEN South Africa has bought together:

24 PARTNERS

43 EVENTS

8000 PARTICIPANTS

Media Coverage - SABC, ENCA, ANN7, The Star, EWN, IOL, Engineering News, Business Live, SME South Africa, Dhahabu Kenya, Ghana Tube, Ventureburn, Business Day TV, Radio 702, Bizcommunity Africabusiness.com

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GEW SOUTH AFRICA 2017 ACTIVITIES LAUNCH HIGHLIGHTS EVENTS HOSTED IN 9 PROVINCES IMPACT REPORT | 2017 DRAFT

HIGHLIGHTS OF EVENTS THAT TOOK PLACE DURING GEW 2017

Source: Workshop 17, Cape Town

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North West Province North West Province The Entrepreneurship “O” Walk Description: Accuracy Group organizes an annual initiative where a group of business coach professionals embark on a 726km walk, and host business workshops and seminars in various towns. This initiative kicked off in Mafikeng, completed in 26 days, with the purpose of encouraging an entrepreneurial culture amongst communities residing in small towns and rural communities.

Cape Town 4th annual African Angel Investor Summit – #AAIS2017 Description: In previous editions of the summit the importance of seed capital and strong collaboration within the ecosystem were discussed. This time the focus will be on the next steps of the investment cycle with the special theme: ‘Start-Scale-Exit, Funding great startup teams poised for global successes. 250 of the most relevant early-stage investors and key stakeholders will facilitate the exchange of best practices and plot the roadmap for the future of investing on the continent. At #AAIS2017 there will be numerous key notes, panel discussions, roundtables and interactive workshops given by industry leaders. To set the scene the most experienced experts will unwrap the current investment climate on the African continent. Headlining the Summit are renowned international and local investors – with leading African Angels representing over 20 local Angel networks and investors expected to attend from Nigeria, South Africa, Cameroon, Egypt, Ghana, Morocco, Kenya, Liberia, Senegal, Cote d’Ivoire and Somalia amongst many others. At the same time, corporate partners like Orange Telecom, Google, Microsoft, Thomson Reuters, Ringier and Github will join the event together with senior representatives from the World Bank, the IFC, the AfDB and the EU.

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JOHANNESBURG Disability and Employment Seminar: “Creating Inclusive Cultures for People with Disabilities” - Workshop Description: This event shed light on DISABILITY in South Africa’s workplaces and provided resources that organisations need to implement sound disability management programmes. Delegates also received the South African Human Rights Commission’s Disability Toolkit & Quick Reference Guide towards - “Improving the Employability of Persons with Disabilities”. Polokwane Polokwane Star Awards Description: To encourage product owners to enhance a productive service delivery through recognition and celebrating employees through an awards ceremony. The competition was launched in September and members of the public were invited to nominate employees within following categories: 1.Best Travel Agent 2. Best Tourist Guide, 3. Best Petrol Attendant, 4. Best Filling Station (Customer Service and Cleanliness), 5. Best Waiter, 6. Best Restaurant Manager, 7. Best Fast Food Outlet, 8. Best Receptionist, 9. Best Housekeeper 10. Best Cook/Chef, 11. Best Maintenance Person & 12. Best Spa Therapist. JOHANNESBURG Pop-UP MAKERSPACE at the Village on Frere – Training Programme. Description: Participants were challenged to identify and develop commodities, goods, services and experiences that would support local community events and markets. Government, businesses and individuals were challenged to share value through skills, enterprise, supplier and socio-economic development activities and programmes that addressed growing inequalities amongst society. Durban SMME Roadshow, Seminar Description: The SMME Opportunity Roadshow not only showcases opportunities but also provides focused guidance for SMMEs to mainstream their competitive advantage as effectively as possible. SMMEs will also be networking with key players in every economic sector and meeting with people they need to improve their businesses. The aim of the SMME Roadshow is to equip small business owners with the knowledge and contacts they require to fulfill their destiny, to become the prime engine of the economy and principal source of employment.

IMPACT REPORT | 2017 DRAFT

GEW2017 10th ANNIVERSARY + LAUNCH OF GEN22 ON SLOANE IMPACT REPORT | 2017 DRAFT

Sir Richard Branson, Virgin Group founder officially opened the 10th anniversary celebration of Global Entrepreneurship Week (GEW) by participating in the launch of a new startup campus in Johannesburg, South Africa. The campus, 22 on Sloane, is the first one opened by the Global Entrepreneurship Network offering direct and virtual support services to entrepreneurs throughout Africa as well as access to an international network of mentors, investors and entrepreneurial support organizations. Branson has been an active supporter of Global Entrepreneurship Week since the initiative began in 2008, filming videos, speaking at events, gracing the cover of publications and even hosting a GEW startup competition winner on his privately owned Necker Island in the British Virgin Islands. Branson was joined by Jonathan Ortmans, President of the Global Entrepreneurship Network; David Makhura, Premier of Gauteng Province; Lindiwe Zulu, South African Minister of Small Business Development; long with several African key government officials and dignitaries, captains of industry from leading South African and African business networks and promising startups. You may recall the success of the very first Global Entrepreneurship Congress (GEC) held in Africa, which took place in March 2017 in Johannesburg, South Africa where in, H.E Deputy President Cyril Ramaphosa and the Minister of Small Business Development, Hon. Lindiwe Zulu launched GEN Africa, which was aimed at harnessing both public and private sector support mechanisms for emerging entrepreneurs in South Africa and our continent. Since then, we were determined to ensure that we create a vibrant and sustainable entrepreneurial ecosystem that would propel SMMEs to scale-up and enter into the mainstream economy through targeted support mechanisms. To this end, with the support of the GEN Global team, various local and global partners and the Department of Small Business Development, we launched the first startup campus in Africa dedicated to accelerate startups, harness innovation, training, financing and mentoring promising entrepreneurs, providing incubation and overall business support through the use of cutting-edge technology. The Centre will focus on developing entrepreneurial capacities in Fin-tech, digital technology, alternative energy solutions, advanced health solutions, agro-processing, ICT, business services, education and training, tourism and manufacturing sectors. This initiative will also attract angel investors, mentors and venture capitalists that are keen to invest in new ideas and in youth with innovative capabilities. Entrepreneurs were invited to pitch for residency at the newly established campus and an overwhelming 800 applications were received with 300 invited to pitch their projects to a panel of judges and industry experts. Following serious deliberation, amidst much anticipation in the entrepreneurial space, 80 entrepreneurs were selected and mostly operated in the following sectors; FinTech, Energy, Manufacturing, Information and Communication Tech, Engineering and Services.

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GEW DISCUSSIONS AND HIGHLIGHTS Announcement + Ribbon Cutting: 22 on Sloane Open for Business The highly anticipated ribbon cutting launch of 22 On Sloane, Africa’s newest and biggest entrepreneurial campus for entrepreneurs and inventors alike, not only in South Africa, but on the continent at large. The minister remains confident that working together, a vibrant and sustainable entrepreneurial ecosystem that would propel SMMEs to scale up and enter into the mainstream economy through targeted support mechanisms can be created - and 22 On Sloane perfectly mirrors her sentiments. “This is going to be the centre of Africa’s entrepreneurial dynamics unleash your ideas!” – Jonathan Ortmans, President GEN Global “ Let’s get up, stand up and do things for ourselves” – Minister Lindiwe Zulu “I believe that 22 on Sloane is for everyone and anyone”- Kizito Okechukwu, Executive Head GEN22 on Sloane

Global Entrepreneurship Week 10th Anniversary Kickoff Fireside Chat

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Fireside chat between – Richard Branson, Jonathan Ortmans, Minister Lindiwe Zulu, Nthuthuko Shezi and Kizito Okechukwu. Highlights of the fireside chat mentions below: • “In the first 10 years of celebrating Global Entrepreneurship Week, we learnt a great deal about the potential of entrepreneurs and the ability of societies to work together and create great value.” – Jonathan Ortmans, President, GEN Global. • Richard Branson added that GEN and the Global Entrepreneurship campaign has had a huge impact on several entrepreneurial ecosystems which is evident through 22ONSLOANE. Branson said “This environment has the potential of creating many little virgins and soon. The Branson Centre looks forward to collaborating with GEN South Africa and 22ONSLOANE.” • Ntutuko Shezi , Founder of Livestock Wealth “ A space like this will improve the way potential clients perceive startups offered through the professional brand and identity. Whilst entrepreneurs indirectly reduce their operation costs drastically due to the world class facilities offered, further added value is attained through the quality of entrepreneurs and vibrancy the campus holds. • Kizito Okechukwu, Executive Head of 22ONSLOANE and SEA Africa “ The success of 22onsloane is based on the community we build, our success will depend on entrepreneurs, the investors, how do we all work together. 22onsloane is inclusive, dynamic and centric to the entrepreneur, think of this place as your home.”

Global Entrepreneurship Week 10th Anniversary Kickoff Fireside Chat

Building Partnerships between SMMEs and Corporate Firms discussion between IDC, Transnet, SME Development Agency of Nigeria. More businesses are looking to start-ups and entrepreneurs for ideas and solutions, to bring new thinking into their organizations and to challenge the status quo. One of the most obvious and surprisingly untapped ways that large companies can support development objectives in the countries and communities in which they operate is through spreading economic opportunity through a variety of small enterprise development, training and business linkage initiatives. However many startups often can’t access early stage investment opportunities within their early stage of investment due to the perceived risk of high failure rates. This naturally impacts the growth of entrepreneurial activity in various African countries. Early stage investments for startups are typically a form of seed capital used in the early stages of a new business project or start-up. This form of investment is normally enough to get the business selfsufficient, or to assist with proving the business concept. Only a few entrepreneurs in South Africa access this form of capital therefore this panel discussion focuses on avenues to stimulate this funding pool suitable for the South African ecosystem. This panel discussion was facilitated by Makhosazana Masilela, Acting ED Manager, Transnet.

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Panelists: Radda Tukur – Director General, Small and Medium Enterprise Development Agency, Nigeria Christo Fourie – Head of New Industries, Industrial Development Corporation (IDC) Thakhani Makhuvha, Chief Executive officer, Small Enterprise Finance Agency (Sefa) Ben White, Co-Founder, VC4 Africa. Provided below were the various outcomes from the panel discussion: • An overview and insight into activities of open innovation in South Africa; • The importance of building partnerships between SMMEs and Corporate firms to eradicate socio-economic problems in South Africa; • An overview and insight into growing and successful early stage investments outside South Africa; • The challenges faced in the South African ecosystem to grow successful early stage investments for startups; • Outline recommendations useful to ecosystem role players towards a more efficient and structured entrepreneurial environment that enables technology adoption.

Radar Tukur of Small and Medium Enterprise Development Agency of Nigeria says “ In Nigeria smaller business are getting maximum potential to grow by building partnerships with bigger companies which were also small businesses at one point.” The Benefits and Opportunities of being Part of GEN Africa

Empowering an entrepreneurial spirit is undeniably a key driver to contribute towards job creation and to help secure Africa’s economic future. GEN22 ON SLOANE is the ideal all-in-one space for entrepreneurs, startups and inventors to initiate create and innovate. The campus is the first for the Global Entrepreneurship Network and is endorsed and supported by many of the continent’s prominent public and private entrepreneurial motivators. The purpose of this panel discussion is to provide insight into the GEN Africa community and the benefits of establishing a campus of this nature on African soil. This panel discussion was facilitated John Wali, GEN MD, Kenya Panel: Wale Anifowose, GEN MD, Nigeria Soumeya Rachedi, Board Member, GEN Algeria Nyeleti Magadze, Board Chairperson, South Africa Provided below were the various outcomes from the panel discussion: • Panellists provide insight into the GEN Africa community and the role each member has contributed towards improving their local entrepreneurship ecosystem; • Panellists Indicated the core strategy of the GEN Africa community and key focus areas of the startup campus to achieve these objectives; • Various recommendations were provided useful to ecosystem role players towards supporting the idea of enabling one African ecosystem to support the sustainability and growth of entrepreneurship;

IMPACT REPORT | 2017 DRAFT

SMME Policy Hackathon

Governments all over world are embarking on programmes to reduce red tape and improve public services and the environment to do business. The topic has become an important feature of the international discourse on governance and private sector development. In South Africa, reducing the regulatory burden and cost of doing business is high on the government agenda. This is highlighted on the National Development Plan (NDP), which stipulates that as part of growing the economy the policy and regulatory environment needs to be coordinated and simplified. There are substantive indications that unduly strict regulations often harm small and specifically emerging enterprises within the different sectors of the economy whereas less regulation may lead to aggressive competition between market entrants. There is also acknowledgement that good policies, laws and regulations are conducive to a competitive economy however some policies or compliance processes have unintended consequences of weakening a business environment. The SMME Policy Hackathon is a platform designed to engage with stakeholders and entrepreneurs across various sectors in over 173 countries and identify policies hindering growth. In addition the hackathon assists policy makers to develop new policies that will foster growth and sustainability within their country. This panel discussion facilitated Alesimo Mwanga, Research Director, 22ONSLOANE and SEA Africa was aimed at sharing insights from industry experts and collaborating with policy makers, entrepreneurs and ecosystem stakeholders to present and advocate for policy solutions identified through this session. Panel • Dr Thami Mazwai: Dr Thami Mazwai is Special Adviser to the Minister of Small Business Development. He is on the National Planning Commission and his area of involvement is small business. Currently, Prof Mazwai is heading a Task Team on township and rural economies for the NPC, and a task team on the review of small business strategies. He is on the Presidential BEE Advisory Council and advises on small business. He is Chairman of the South African Finance Exchange (SAFE), recently appointed to partner the Gauteng Government on the revitalisation of township economies. • Ellen Olafsen: Ellen is currently the Global Product Specialist on Growth Entrepreneurship in the Trade and Competitiveness Global Practice of the World Bank (T&C). She has 18+ years of experience in private sector development, including a 12 year track record in developing and overseeing entrepreneurship and SME development products and programs across 70+ countries in Africa, Asia and Eastern Europe. • Pascal Frochlicher: Impact entrepreneur and investor. He has worked as a Management Consultant in financial services, co-founded Impact Amplifier, a Cape Town based incubator for impact businesses and am the executive director of U-Care Medical Centre, an innovative health care company with its flagship centre inside Park Station, Johannesburg. I also lecture at different business schools on topics like social entrepreneurship, impact investing and banking.

IMPACT REPORT | 2017 DRAFT

Policy Barriers

SMME Policy Hackthon Recommendations

Most critical Red Tape issues

- Reduce or eradicate systematic barriers;

and critical barriers:

- Recruitment of employees equipped to deal and address with SMME

- Administrative - Compliance cost - Compliance requirements - administrative process for rules - Labour regulations - Export and Import Regulations

related issues; - Upskilling or training employees in government institutions to adequately deal with SMME related issues; - Improve red tape procedure and processes to at least 14 days; - Review compliance requirements that enable participation of the SMME sector while also maintaining industry standards; - Review compliance costs particularly for SMMEs to access supply chain and procurement opportunities; - Review export and import regulations that create an enabling environment particularly for SMMEs; - Review labour regulations particularly for SMMEs; - Identify role players and key policy makers for Red Tape Policy Committee/Task team that mainly focuses on these areas and monitors and tracks progress.

Policy actions to improve the accessibility of early stage business investment

- Providing tax incentives to corporates and investors that invest in startups and early stage businesses; - Provide tax incentives for diaspora network through remittances to encourage early stage investment; - Creating an enabling environment to access early stage investment opportunities; - Address stringent requirements from development finance institutions; - Identify role players and key policy specialists to establish the Investment Policy Committee/Task team that mainly focuses on these areas and monitors and tracks progress; This will assist to collectively gather data and information related to early stage business investment in South Africa.

Key solutions for SMMEs to attract talent and skills;

- Government provide subsidies to employ young people to attain work experience to address high unemployment of school leavers and graduates with limited work experience; - Government provide subsidies to SMMEs to employ talented and skilled junior level graduates; - Introducing theoretical and practical entrepreneurship education at a primary and secondary level

IMPACT REPORT | 2017 DRAFT

Monitoring and Evaluating Transformation, Impact of B-BBEE and Corporate Social Investment;

- Develop national framework or body to track and assess B-BBEE compliance and transparency; - Develop a framework to assess the impact of incubators and accelerators;

MASTERCLASS WEEK

9 SESSIONS

700 ATTENDEES

22 on sloane residency selection

300 Pitches

IMPACT REPORT | 2017 DRAFT

600 ATTENDEES

80 Selected

The role of an entrepreneur is to collapse biases - Vusi Thembekwayo Vusi Thembekwayo, the rockstar of public speaking, delivered a powerful keynote speech at the opening day of the Global Entrepreneurship Week. Thembekwayo spoke of the global and local challenges faced by entrepreneurs and tops on how they could scale-up and move forward even during these tough times.

Facebook Boost Your Business

Ideas to Market 22ONSLOANE

Owethu Makhitini, an expert on digital marketing

Bongani Ntombela from the Small Enterprise

facilitated the Boost Your Business Workshop.

Development Agency (Seda) facilitated the Ideas to

She’s an erudite content copywriter and navigates the

Market masterclass session to assist inventors and

online world as a problem solver seeking different

entrepreneurs through the ideation process into

ways to share knowledge and educate consumers.

commercialisation. This session included the following

As a social media guru, strategist and trend

topics:

forecaster in the advertising industry, she’s learnt that

• A framework to evaluate market opportunity;

enterprising strategy connects people.

• Consumer behaviour and profiling; • Marketing investments for maximum impact

IMPACT REPORT | 2017 DRAFT

Owethu has been interviewed on eNCA, SABC,

• Attracting and retaining skilled human talent;

Google Africa and CNBC Africa and you’ll hear her

• Success to business collaboration;

speak knowledgeably about the possibilities that

• Become a master of negotiation

the medium presents. And, if you follow her on Twitter you’ll know that she’s actively impacting the lives of South Africans by hosting digital marketing workshops across the country. This workshop was designed to assist participants develop a powerful digital footprint for their business by using tools such as Facebook Pages and Instagram. The session covered the following topics: • The basics of marketing including online marketing; Owethu Makhitini

• Making the most of Facebook Pages including how to set up a page; • A deep-dive into audiences – who they are, how they behave and how to communicate with them; • A deep-dive into content – how to create effective and engaging content for your target audience; • An introduction to Facebook Adverts and using ads to grow your business; • Practical application on creating photo + video, using Layout, Messenger, Boomerang, Hyperlapse and FB Live; • A module covering the difference between Instagram and Facebook for Business, why imagery

Bongani Ntombela

matters and how to use creativity to connect with consumers.

Industrial Development Corporation (IDC) Access to Funding Guide 101

Accenture Open Innovation

Mulalo Rambau, a Senior specialist Development

businesses as a strategy towards embracing new

Impact Support at the Industrial Development

ways of doing business. This master class offered

Corporation (IDC) one of the founding Partners of

a complete experience and overview of the inner

Startup Nations South Africa (SuNSA) facilitated the

workings of Open Innovation; setting up the process,

Access to Funding masterclass. This masterclass

defining the ground rules, dealing with intellectual

provided inventors and entrepreneurs with a

property, starting the change management required

comprehensive guide to the world of funding and

and the cultural aspects.

the processes required within the following funding

This session was facilitated by the Accenture team

models:

Douby Malubane, Innovation & CX Consultant and

• Loans

Sandiso Sibisi who is the Open Innovation Lead for

• Equity

Africa.

• Venture capital

Provided below are the various outcomes taken from

• Angel investment

the masterclass:

• Development finance;

• The idea of open innovation practices;

Large corporates are working with innovative small

• Harnessing the power of open innovation; • Translating open innovation into guided disruption; • Transform from product to platform.

IMPACT REPORT | 2017 DRAFT

Mulalo Rambau

Sandiso Sibisi

Integrating the township economy, The Box Shop

“Opportunities for startups: Companies are looking

Sfiso Moyo Enterprise Supplier Development Specialist and The Box Shop Co-Founder and Executive Member facilitated this masterclass session. The township economy is bristling with growth potential. Already, the township economy in South Africa is estimated to be worth around R220 billion. This session assisted businesses operating within the township and informal economy to innovate and scale and included

technology and pursuing innovation. – Accenture”

the following outcomes:

for growth, making regulatory changes, leveraging

Doing Business in Africa, SEA Africa Africa’s economic growth outlook has been forecasted to provide promising boundless opportunities in natural resources, a growing youthful population and increasing rate of urbanisation that will translate into a booming consumer and labour market in the near future.

• Transforming townships and informal areas into productive activities;

This session provides inventors and entrepreneurs

• Social cohesion and active citizenship;

with practical skills and knowledge required to

• Developing a systematic approach to support

successfully operate and grow a business on the African continent. Alesimo Mwanga, Research

enterprises; • Financing and investing in the township and informal economy; • Establishing the social and economic value of township and informal enterprises;

Director at 22ONSLOANE and SEA Africa used Nigeria, Kenya and Algeria as case studies to showcase Africa’s growth path, innovation and future industries. This session informed businesses on strategies to optimise market opportunities, productivity and growth in Nigeria, Kenya and Algeria. Further to this discussion, Indira Tsengiwe the founder of Youngpreneur Media shared her journey as a startup venturing into African markets. Indira is an advocate for the cultivation of entrepreneurial mindsets across sparked from an opportunity she received to travel with her mentor to Egypt for an

Sfiso Moyo

“The total demand of retail goods in Soweto amounts to R4.2 Billion which is spent only by Soweto residents. Township consumer spend has created an appetite for big and large businesses in the retail grocery sector to cement and claim their position in the broader township market.”

IMPACT REPORT | 2017 DRAFT

entrepreneurship boot camp which she says changed her life.

Alesimo Mwanga

Indira Tsengiwe

SME Manufacturing Techniques

SAB Foundation Social Entrepreneurship and Impact Investment

Dr Christopher Mlosy, Manager: Africa, Nepad

This masterclass was designed to assist inventors and entrepreneurs to move their mission forward by refining their innovations and leveraging their impact.

&International Institutions at CSIR provided masterclass to guide investors and entrepreneurs of the manufacturing process and procurement

Dylan Edwards, shared his insights on how entrepreneurs may adopt various strategies to attract funding for social ventures. Dylan has worked in the development sector since 2008, mainly in South Africa but with some project experience in Kenya, Mozambique, Zambia and Zimbabwe.

opportunities. This masterclasses included the following outcomes: • The future of manufacturing in South Africa; • Lean techniques for start-ups; • Increasing the localisation of production activities;

Kerryn Kridge presented on social innovation and scaling social impact. “Your social mission is your differentiator and you shouldn’t measure it solely based on job creation. You should measure yourself on how many people you impact.”

• The supply chain and procurement process and guidelines; • How to access supply chain and procurement opportunities;

SAB Foundation Alumni joined discussions, sharing their experiences and challenges as social entrepreneurs. • Rudzani Mulaudzi, Founder of Gradesmatch. • Nneile Nkolise, Founder of Likoebe Innovations Consultants, Nicholas Smith, Founder of Smergos.

Dr Christopher Mlosy

“The successful nations in the twenty-first century will be those who are willing to take informed decisions concerning their affairs in the light of their own specific realities and goals on SMEs Manufacturing Techniques.”

Dylan Edwards

"Entrepreneurs are the life blood of any economy, and the South Africa economy is in dire need of quality job creators. Today, we celebrate the 10th Anniversary of Global Entrepreneurship Week and my message is that young people need to embrace this space and make use of 22 on Sloane to connect, share, learn and grow", says Thembekwayo.

IMPACT REPORT | 2017 DRAFT

GEW LAUNCH OVERVIEW INFOGRAPHIC over 20 speakers

19 MEDIA COMPANIES

1825 ATTENDEES

17 Exhibitors

In 2017, the launch showcased a growing trend of delegate attendance from the 2016 event of 1100 delegates. The Demographic Infograph in Figure 1, 2 and 3 provide a demographic overview of the 1825 delegates that attended the GEW2017 Launch. FIGURE 1: GENDER

FIGURE 2: AGE GROUP

IMPACT REPORT | 2017 DRAFT

FIGURE 3: RACE GROUP

The event was attended by mostly entrepreneurs (84%) that were mostly Startups (47%), as indicated in Figure 4. FIGURE 4: ENTREPRENEUER: BUSINESS STAGE

The (16%) of professionals that attended the event, as indicated in Figure 4, most professionals where consultants (40%) and enterprise development practitioners (20%) as illustrated in Figure 5. FIGURE 5: PROFFESSIONALS - OCCUPATION BREAKDOWN

IMPACT REPORT | 2017 DRAFT

Entrepreneurs that attended this event mostly operated between 0 – 5 years, within the Technology, ICT, Services and Manufacturing sector, illustrated in Figure 6.. FIGURE 6: DELEGATE SECTOR OVERVIEW

0 – 1 year operation

2 – 5 year operation

3 – 6 year operation

6 – 10 year operation

11 years+

IMPACT REPORT | 2017 DRAFT

GEW2017 EVENT OUTCOME

GEW2017 South Africa has enabled entrepreneurs and ecosystem players to establish new networks

Every year the GEW has grown in attendance, content and support from all ecosystem role players. These events demonstrated collaborative efforts to support South African activities. Entrepreneurs are provided with a platform to showcase their products and services, gain insight into opportunities and are provided with solutions to challenges that they are faced with particularly around – access to funding and markets. Provided below are responses from attendees with regards to their percieved impact of the event rated between 1 – 5, with 1 being the highest rating and low being the lowest rating.

IMPACT REPORT | 2017 DRAFT

RESPONSE FROM ENTREPRENEURS

Most entrepreneurs felt that the GEW enabled them to establish new networks. Figure 6.1: GEW enabled you to establish new networks

FIGURE 6.2 GEW2017 CONTENT WAS RELEVANT FOR MY BUSINESS The GEW content was perceived to be mostly relevant to entrepreneurs and their business.

RESPONSE FROM PROFESSIONALS FIGURE 7.1: GEW ENABLED YOU TO ESTABLISH NEW NETWORKS Ecosystem professionals indicated that they too established new networks at the launch.

IMPACT REPORT | 2017 DRAFT

FIGURE 7.2 GEW2017 CONTENT EQUIPPED YOU TO SUPPORT YOUR ECOSYSTEM BETTER Ecosystem professionals indicated the content was fairly relevant to equip them to support the ecosystem.

FIGURE 8: OVERALL EXPECATATIONS FOR GEN22 ON SLOANE Delegates that attended the launch have high expectations for 22OSLOANE, particularly – market access opportunities (79%), access to sector related knowledge and information (65%) and world class facilities (62%).

IMPACT REPORT | 2017 DRAFT

PUBLIC RELATIONS AND COMMUNICATIONS REPORT GEN IS CREATING A CONNECTED ECOSYSTEM Various PR related activities had been activated a few weeks before the official launch and the total AVE value amounted to R7,367,889. Table 1: Public Relations Return on Investment Total PR Investment

R95000 (ex. vat)

ATL Investment

R500 000 +

BTL Investment

R80 000

Total Coverage Quantities

Total PR Coverage Secured

R3,752,528 (ex. vat)

Coverage Ratio Secured

1:60.52

PR Investment Ratio

1:38

Entrepreneurs are so important in South Africa as they can help change their country and the world from the bottom up by creating jobs, fulfilling potential and nurturing talent. This was proven to me when I went to launch the new campus on 22 on Sloane during the Global Entrepreneurship Week 2017, which will be a hub for aspiring entrepreneurs where they can get advice and mentorship to grow their ventures. It was fantastic being surrounded by so much entrepreneurial spirit and I hope they dream big and turn their ideas into realities.

IMPACT REPORT | 2017 DRAFT

DRAFT 38

SOCIAL MEDIA REPORT

BUILDING A COMMUNITY The social and online report covers a period between October - 30 November 2017. The online tools measured where the following: Website, Facebook, Twitter.

GEN22 on Sloane Google Analytics

IMPACT REPORT | 2017 DRAFT

Traffic Sources - Overall

Google analytics was utilized to quantify the success of the GEW2017 social movement on the official Facebook, Twitter and Instagram. Instagram is still a new social platform for GEN South Africa, but reached an achievement by growing nearly 25 percent in followers from November 2016 to March 2017.

IMPACT REPORT | 2017 DRAFT

Traffic Sources - Social Media From Twitter to Facebook, Global Entrepreneurship Week is one of the most influential entrepreneurial social movements experienced each year. The social media tag #GEW2017 and #22onSloane became a trending topic on Twitter in South Africa during the official opening of GEW held in Johannesburg.

Facebook credit played a noticeable role in driving social media traffic to the site Countries

Cities

IMPACT REPORT | 2017 DRAFT

Global Entrepreneurship Network Report

Articles inside

A MESSAGE FROM THE PRESIDENT

GEN SA BOARD