The Hollywood Foundation is excited to announce the highly anticipated return of the Bambelela Business Awards, set to take place in Limpopo. These prestigious awards celebrate the outstanding contributions of local entrepreneurs, highlighting businesses that have made a transformative impact on their communities and played a pivotal role in job creation throughout the province.
The theme “Bambelela (Hold On) – Your Dreams Are Valid,” highlights the resilience and determination that define Limpopo’s entrepreneurial spirit. The awards not only celebrate business excellence but also serve as a vital platform, providing support, mentorship, and resources to entrepreneurs who are making a meaningful impact in their communities.
The Bambelela Business Awards were launched in 2023 in Mpumalanga and have since been successfully hosted in Gauteng, Limpopo, KwaZulu-Natal, and the Western Cape. Over the past two years, the initiative has supported 140 small and medium-sized enterprises (SMMEs) with more than R5.7 million in funding. This year, the competition returns to Limpopo for the second consecutive year, with the total prize pool increasing to R1 million, up from R750,000 in 2024.
This increase underscores the Hollywood Foundation’s ongoing commitment to empowering and uplifting local businesses. The awards ceremony will include an Exhibition and Seminar, providing an opportunity for selected small businesses to showcase their innovative work to the public. A panel of esteemed judges will carefully evaluate the entries, selecting the businesses that exhibit exceptional creativity, merit, and community impact.
Babongile Mkhize, Group Transformation Manager for the Hollywoodbets, shared her excitement about this year’s edition: “The Bambelela Business Awards are more than just a recognition of entrepreneurial achievement – they are a testament to the strength and perseverance of Limpopo’s business community. Hollywoodbets, through our Foundation, are thrilled to continue supporting and celebrating the local entrepreneurs who are shaping the future of a community we are proud to operate in, and to see the growth and success of the businesses we have already assisted through this initiative.”
The Hollywood Foundation encourages all eligible small businesses in Limpopo to apply for this incredible opportunity.
Application Details:
Entries for the Bambelela Business Awards are officially open from 18 November to 18 December 2024. Qualifying companies are urged to submit their entries online by visiting the Hollywood Foundation’s website at https://hollywoodfoundation.co.za before the submission deadline on 18 December 2024 at 23:59.
Qualification Requirements:
- Must be at least 100% black-owned business.
- Local business – registered and operating in Limpopo.
- Formal and/or informal registered local business.
- Business must be in operation for at least 12 months and have a proven track record of trading.
- Business profile or clear description of the nature of the company/business.
For further information regarding the Bambelela Business Awards, including submission guidelines and rules, please refer to our website. These awards are a testament to our commitment to commend those who have demonstrated exceptional originality and unwavering dedication in their entrepreneurial endeavours.