By entering the competition, entrants are deemed to have accepted these terms and conditions. Entrants acknowledge that if they are under 18 years of age, that they have their parents consent to enter. This competition is not for students/scholars, if you are enrolled at a school in SA or home-schooled, please see our sister initiative here scooler.
Entrants must be located in South Africa and their business must exist (it must not be an idea, it must be up and running and the entrant must be earning money from the business already). Although we are very supportive of non-profit initiatives, one of the goals of this competition and movement is to fire up an entrepreneurial spirit and create jobs for people to earn a living.
Entrants must use a clear “selfie” photo as their profile pic on their entry (not a pic of their product/business). The picture must be less than 10MB (less than 5MB is even better) and must be in JPG, JPEG or GIF format.
Entrants may not be immediate family of any employee of the Organizer’s of this competition, or any company or person involved in the initiative.
Entrants must reside and run their business in SA and have an SA bank account.
If entrants have a “partner(s)” who is involved with the business, they need to complete the ‘partner’ section of the entry form. If you have more than one partner, please only complete the two that you want to represent your business. If the business is a partnership, it must be 51% black-owned to qualify for entry.
The prize is non-transferable and non-divisible. Prizes cannot be exchanged. Prize money needs to be used in and for the business – as guided by the organizers. The organizers will have the final say as to where (in the business) the prize money will be used and it may only be used in order to assist in growing the winner’s business
Prizes will only be paid out during February – once the winner is announced, payment, coaching and support services will all be discussed and finalized during February 2019.
The organizers reserve the right to require at any time that any entrant signs an affidavit, that they meet each of the eligibility requirements described in the T&C’s and on the application form, at any point and continuously throughout the applicable competition. In addition, any awards are subject to forfeiture and/or repayment if determined that the awardee(s) were not in compliance.
Entrants should not assume any right of confidentiality to any information provided by an entrant as part of a submission or during the course of the competition. Please note that by entering, participants are opting in to receiving marketing material from the organisers and their partners.
By participating in the competition, entrants agree that the organizers assume no liability, and shall have no liability or obligation whatsoever for disclosures of information provided by an entrant as part of a submission or otherwise during the course of the competitions.
Failure to comply with any of these requirements may result in disqualification at any time at the sole discretion of the organizers.
The organizers hold the final say in all disputes and may at any time require that a finalist or winner of any cash or service award, that failed to comply with requirements set forth above throughout the applicable competition, forfeit and/or repay any such award.
Guidelines and rules for the competition are subject to change at any time within the scope of the organizers mission.
The Organizers shall not be responsible for technical errors in telecommunication networks, internet access or otherwise, preventing entry.
Every effort will be made to notify the winners on the Winner Announcement date. Winners must respond within 14 days or an alternative winner may be chosen.
Submitting your entry constitutes your consent for us to use your entry, name and photos for editorial or publicity purposes.
The top 10 will be chosen based on the judges’ criteria. The judges (organizers) will then decide which business is the most deserving winner out of the Top 10. The judges/organizers decision will be final and no correspondence will be entered into once the winner is announced.
The Organizers reserve the right to change or withdraw the competition and/or prize at any time.
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What is this about?
Inviting all Black Entrepreneurs with existing businesses to enter and tell us why you should win the R100 000 worth of prizes to grow your business, help create jobs and receive The Black Lion Entrepreneur of 2018 award. The top 4 runner-up businesses will each win R10 000 worth of coaching and training.