South Africa joins the global network of Startup Nations such as Startup Britain, Startup Chile, Startup Malaysia, Startup China, Startup Norway, Startup Australia and more recently Startup Brazil, Startup Vietnam, and Startup Korea.
South Africa’s Small Business Minister, Lindiwe Zulu, recently launched Startup Nations South Africa initiative, a collaborative effort by founding partners, the Innovation Hub, the Industrial Development Corporation (IDC), and the Wits Business School, aimed at contributing towards building a robust entrepreneurship ecosystem and vibrant sustainable entrepreneurship culture.
The aim of the global network is to advance the national agenda for entrepreneurship and the creation of a sustainable environment where startups and small businesses can meaningfully contribute to the economic and social development of South Africa. This initiative will enable local startup businesses to share best practices and collaborate with other like-minded peers in the global entrepreneurship movement.
“Cultivating entrepreneurship is vital for generating inclusive growth in South Africa. Startup Nations South Africa is an extremely important initiative because it will create the conditions for entrepreneurs to flourish and showcases what can be achieved through collaboration between the public and private sectors, and civil society.” says Professor Steve Bluen, Director and Head of School, Wits Business School.