Cape Town Calls For Aspirant And Existing Young Entrepreneurs To Overcome Economic Challenges

Cape Town is known to be the entrepreneurship capital of South Africa, but economic migration to the City as reflected in the latest census figures means that local efforts to support entrepreneurship must be redoubled, says Alderman Belinda Walker, Mayoral Committee Member for Economic, Environmental & Spatial Planning.

Alderman Walker says the two-day Youth Entrepreneurship Conference at the Bellville Campus of the Cape Peninsula University of Technology on Friday and Saturday comes at the right time.

“If we thought we’d have to push up our local entrepreneurship levels, the census shows that we will have to redouble our efforts,” she says, referring to the recent release of the Census 2011 statistics which showed that the Western Cape population is the fastest growing in South Africa.

She said it is not enough to say that Cape Town has the highest ratio of entrepreneurs in the country. “We need more. It is the only way we will create sustainable jobs for all those seeking job opportunities in Cape Town.”

She called on aspirant and existing young entrepreneurs to attend the Youth Entrepreneurship Conference and Expo at which all the aspects of business support and opportunities in Cape Town will be on display. The conference is the start of the Telkom Cape Town Entrepreneurship Week which will run until 18 November, featuring entrepreneurship events throughout the City.

Alderman Walker also urged young entrepreneurs to use the Conference as a platform to make their voices heard. “We need to hear from you what you require from the Cape Town environment to get your businesses growing,” she says.

The Youth Entrepreneurship Conference starts at 8am on Friday, 9th November and continues on Saturday. The programme includes practical workshops, debating forums and presentations by entrepreneurs and top economic development practitioners.

For further information on Cape Town Entrepreneurship Week and the conference programme, please visit: www.ctew.co.za