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Education

Helsinki: 12 - 19 October 2018

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South Africa like many other countries has challenges with its education systems in both Basic and Higher Education. Many entrepreneurs do not realise that an education crisis can translate into business opportunities. As a means of growing and supporting entrepreneurs within this sector as well as enabling the entrepreneurial ecosystem, Investec CSI will be embarking on a global exposure programme to Helsinki Finland with the best of South African entrepreneurs in the education sector who are invited to apply.
 
Investec CSI has a strategy and strong focus on education as a means to provide an opportunity to those who have the aspiration to proceed beyond Grade 12 and achieve a decent pass rate in Maths, Science and English.
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  • Why Helsinki for Education entrepreneurs?

    Finland has one of the world’s best education systems, according to PISA survey. Finland has radical educational practices, such as abolishing homework and subjects. Finland’s unique approach to education and pedagogy has made it a world leader in achieving outstanding education reform. The Finnish education system is highly prized and all efforts both governmental and private have created an education system which is world renowned. Finland is also home to some of the world’s most sophisticated EdTech sector.

  • Apply for the exposure programme

    Entrepreneurs are encouraged to apply for the programme, are those who are in the sector and have operations and processes that are based in South Africa. Please ensure that your business meets the criteria below before applying.
     
    The application process is not yet open.
  • Apply for the programme if:

    • You are the owner/entrepreneur of the business
    • Your business is operating for at least 18 months
    • Your business is within the education sector
    • Note: Businesses should demonstrate innovation education sector either through their business process, use and or integration of technology or have a unique and differentiated business model in order to be considered. Your business should be locally based, registered, for-profit and operating to grow the South African economy and market.
  • Applicant criteria

    • Entrepreneur should be a South African citizen or permanent resident under the age of 40
    • Entrepreneur must not have attended a previous Investec sponsored or En-novate trip 
    • Applicant must be the entrepreneur/owner of the business and not an employee
    • Applicant should be a 'full-time' entrepreneur
    • Business must be a South African based, for-profit business in the education sector
    • Business must be operational for at least 18 months and not in ‘ideation’ phase and must have an innovative business model in order to be considered.
    • Business turnover must be under R50m per year.
  • Other selection factors

    • The commercial viability of your business. Does it affect Investec and En-novate’s ability to market and facilitate relationships, investment opportunities and future global exposure trips with the host country and partners?
    • The nature of your business. Are the business and you the entrepreneur, those that Investec would want to invest in and promote based on Investec’s values and philosophies as an organisation?
    • Completion of due diligence. The final round of candidate selection and acceptance to the programme is conditional upon successful completion of a due diligence process, which is verification of all information supplied by the candidate.
  • Check to see if you meet the application requirements

    1. Demonstrate clear systemic and long-lasting business strategy and how this is being achieved or how this can be achieved through the business model.
    2. Have a financial strategy and plan to show good business governance and planning.
    3. Demonstrate effective accounting and financial systems.
    4. Demonstrate an effective plan for the business's long-term growth and sustainability.
    5. Demonstrate how business could scale its operations.
  • Three-step application process

    1. Eligible candidates should complete an online application form (applications open on 23rd July  2018 and close on 10th August 2018)
    2. Successful first round candidates are invited for a face-to-face interview. Candidates must be available for interviews on the 20th August and or the 21st August 2018.
    3. Selected candidates for the programme is subject to successful completion of a due diligence process which entails verification of information supplied by the applicant.
  • About the selection panel

    The diverse selection panel has representation from Investec, En-novate and other organisations and persons of relevance and interest to the sector and programme.
     
    We aim to ensure that the process and turnaround times move swiftly, remain fair, objective and transparent. This is achieved provided all documentation and processes are followed.