Creating next-generation entrepreneurs

richard at the BSOE Launch

Sir Richard Branson’s inspiring speech at the launch of the Branson Centre of Entrepreneurship in October 2005
“The South African economy is dependent on entrepreneurial activity for creating future economic growth and jobs. But the economic contribution to South Africa’s entrepreneurial sector is below the developing country norm. I believe that increasing entrepreneurship in this country is the golden highway to economic democracy.” .

Virgin Unite has teamed up with social entrepreneur Taddy Bletcher, founder of CIDA, South Africa’s first virtually-free institution, to create The Branson Centre of Entrepreneurship, an intensive 18-month training programme for CIDA graduates that aims to launch 30 small businesses each year.

A report by the Global Entrepreneurship Monitor in 2007 shows that South Africa’s economic growth is under threat because of a shortage of new entrepreneurs.

The Branson Centre of Entrepreneurship works to:
• Identify and nurture individuals with entrepreneurial potential
• Develop potential entrepreneurs in a practical, relevant and holistic way
• Provide students with real-world business skills and mentorship
• Promote entrepreneurship as a desirable career option and
• Support start-ups and micro-enterprises with skills, mentors, services, networks and finance arrangements

Virgin Unite

20 Nov 2007 Virgin Unite