Business

South African Entrepreneurs Can Win Up To $20,000 And More With UPG Biashara

South African Entrepreneurs Can Win Up To $20,000 And More With UPG Biashara. UPG Biashara is an initiative that supports entrepreneurs in their journey to turn ideas into businesses. The unique ecosystem is built with a view that entrepreneurs make the world a better place and so they deserve support that maximises their chances of success.

This support is provided for free to 500 motivated entrepreneurs who earn their place by demonstrating their ideas and their passion. South Africa is on a shortlist of priority countries thanks to the Diamonds Do Good® Entrepreneurship Grant and this provides advantages at several stages, from the application to the selection and to the grants. The Application Deadline is 19 January 2024.

“In addition to our support for entrepreneurship in natural diamond mining areas in Africa, and India where 9 out of 10 diamonds are cut and polished, we are pleased to include South Africa in 2024”— Nancy Orem Lyman, Executive Director, Diamonds Do Good.

In the past year, two visionary South African entrepreneurs have seized the opportunity, securing cash grants through UPG Biashara. Today, we joyously extend our welcome to South Africa once more, reaffirming its status as a priority country” said Yemi Babington-Ashaye. President, United People Global. The Diamonds Do Good® Entrepreneurship Grant is dedicated to assisting small and medium-sized entrepreneurs, promoting inclusivity and inspiration. Over the past two years, deserving UPG Biashara Entrepreneurs have received grants of up to USD 20,000.

As a priority country, South African entrepreneurs will enjoy priority in the selection into the Class of 2024 of UPG Biashara. Once accepted, they will obtain significant support in their entrepreneurship journey, learning both hard and soft skills. The Class of 2023 of UPG Biashara Entrepreneurs benefitted from: 52 classes, 78 hours of class time, 36 instructors, 397 LIVE pitches and CASH grants! All free. They will also expand their network and connect with like-minded entrepreneurs from over 50 countries, across all world regions. In addition, South Africaan entrepreneurs also enjoy priority status with the Diamonds do Good® Entrepreneurship Grant.

UPG Biashara is defined by two distinct journeys: the Learning Journey and the Action Journey. Grants are provided during the Action Journey and are possible through several grants, especially the Diamonds Do Good® Entrepreneurship Grant which is a unique USD 130,000 partnership with Diamonds Do Good®.

The Diamonds do Good® Entrepreneurship Grant is an accelerator of the impact that entrepreneurs can have in communities, with a special focus on small and medium size entrepreneurs. The Diamonds do Good® Entrepreneurship Grant is as inclusive as it is inspiring. Most grantees will win a minimum of USD 5,000 to be invested directly into their businesses. Some entrepreneurs will win higher amounts up to the maximum of USD 20,000.

Diamonds Do Good® believes that by supporting entrepreneurs we are helping to shape a sustainable future for all. In addition to our support for entrepreneurship in natural diamond mining areas in Africa, and India where 9 out of 10 diamonds are cut and polished, we are pleased to include South Africa in 2024“, said Nancy Orem Lyman. Executive Director, Diamonds Do Good.

By Thomas Chiothamisi
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