By Fred Felton | Mar. 19, 2025
If you have a small, medium,
micro-enterprise (SMMEs) or cooperative and your business is within eThekwini
then eThekwini Municipality would like to invite you to enter the 2025 Lions
Den Business Plan Competition.
The closing date for entries is 18 April.
The aim of this competition is to build an
entrepreneurial culture and create jobs.
There is also the opportunity for
businesses to acquire essential development resources and have the chance to
win prizes to build their business.
There will be three categories for the
competition namely Emerging Business, Established Business, and Entrepreneurial
Excellence.
Competition categories are:
Emerging Business: SMMEs with viable
business ideas and an annual turnover of less than R100 000.
Established Business: SMMEs that are looking
to expand, with annual turnovers between R100 000 and R500 000.
Entrepreneurial Excellence: Businesses
with an annual turnover of more than R500 000 that have shown exceptional
business practices and leadership.
Those that enter will have the chance to
pitch their business ideas or expansion plans to a panel of adjudicators.
Prizes on offer for the winners include
business development prizes, funding, equipment, and raw materials to help
build their business.
You can get your application forms from
the Business Support, Tourism, Markets, and Agri-Business Unit located at the
Embassy Building, 7th floor, 199 Anton Lembede Street.
Forms are also available at any Sizakala
Centre or the SEDA eThekwini Office.
You can also get applications from www.durban.gov.za
or from this link: https://www.durban.gov.za/storage/Documents/Application%20Forms/Business%20Licensing/2025%20EThekwini%20Municipality%20Lions%20Den%20Business%20Plan%20Competition%20Application%20Form.pdf
Submit your applications to Yanga Nyakeni
at yanga.nyakeni@durban.gov.za
The Lions Den Programme has had a big
impact on local SMMEs over the years.
An example of a success story is
Samkelisiwe Sithole, founder of Luhnyenzi Farm, who won the Emerging Business
Category last year.
She received R20 000 worth of
packaging materials, including a wrapping machine, which she said helped her
operations.
‘’The material lasted three months and
helped us appear more professional. Winning this award opened many doors,
including recognition from various stakeholders with some approaching us for
collaborations. This also boosted faith in our brand as we also offer
training,’’ said Sithole.
For more information contact Yanga Nyakeni
on 031 309 8280.
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