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A launchpad for innovative thinkers

Pitching innovative and creative business ideas in the banking and retail industry is now possible for young entrepreneurial minds, with the launch of the Pitching Platform Challenge by LaunchLab.

LaunchLab is an initiative of Innovus, the industry interaction and innovation company of Stellenbosch University.

In partnership with Nedbank and Attacq, the Midrand-based investment company aims to stimulate interest among young entrepreneurial minds in the banking and retail sectors as the face of business development in Africa evolves.

Following two networking workshops last month, participants are now able to enter the Pitching Platform Challenge by submitting a three minute video online, which will be reviewed by Nedbank and Attacq.

“LaunchLab and Nedbank have decided to pose this challenge to our unique community in order to undercover more disruptive ideas which could change the future of banking in Africa,” says Brandon Paschal, LaunchLab’s operational manager.

Creating stimulating and fresh ideas, developed by entrepreneurial young minds, can add value to the African hub of technology and economy, and the Pitching Platform Challenge is the perfect opportunity to apply your ideas.

Entrants for the challenge can pitch a multitude of ideas, but can only win on one of their ideas.

Winners stand a chance to win R80 000 from Nedbank and R100 000 from Attacq.

In addition, they will receive business support and mentorship for six months to launch and develop their idea to new and existing clients.

Interested entrepreneurs and innovators are welcome to join the workshops.

They can also enter the Pitching Platform Challenge by visiting www.launchlab.co.za.

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