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MYNEXTONLINE Managing Director, Madoda Khuzwayo |
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The Managing Director of MYNEXTONLINE - a Maxum Business Incubator company - Madoda Khuzwayo has been selected to compete in the national round of the SAB (South African Breweries) Kickstart Competition for his company's business idea.
KickStart is a project aimed at inculcating a culture of entrepreneurship among young people between the ages of 18 and 35 by promoting business awareness through the provision of start-up capital grants, training, mentorship and assistance during the setting up phase of their businesses.
Potential entrepreneurs are selected from various regions by SAB Limited. The selected candidates are then invited to attend a live-in business skills training programme, and once the training has been completed, they are required to draw their own business plans, in line with the business idea they have selected.
As a participant in the Egoli region, Khuzwayo was afforded the opportunity to present the MYNEXTONLINE business plan to a panel of judges - drawn from the SMME development and financial sectors. The panel selected his business idea as among the most feasible and well-researched presented. He was awarded a R50 000 grant as were the other regional finalists. These grants form the seed capital for the selected business.
Khuzwayo has now qualified for the national competition and stands a chance of winning additional prize money should MYNEXTONLINE be selected as one of the winning business ideas in the national round. He will also receive further mentoring and support from a KickStart trainer in the Egoli region.
According to him, competitions such as this provide value to young entrepreneurs by affording them with a platform from which to have their business ideas critically evaluated. "One is able to step into the market with more confidence when you know that your idea has been put to the test and passed.", adds Khuzwayo. For MYNEXTONLINE specifically, having proceeded to the final round demonstrates a tremendous vote of confidence in the value and potential of the business, he says.
MYNEXTONLINE is a leading email hosting provider for individuals and companies around the world. The company provides a range of services, which include web email, anti-virus and anti-spam protection, IMAP, and free domain registration, to customers such as Internet Service Providers (ISPs), web hosts, businesses, organisations and individuals.
MYNEXTONLINE's Mail Server is one of the industry's most powerful and highly regarded communications solutions for enterprise, small to medium-sized businesses (SMBs), and ISPs. The Server Suite is an "e-mail anywhere" solution that delivers a reliable, versatile, scalable, and affordable messaging solution used by more than 30 million users worldwide.
For more information on MYNEXTONLINE, contact Madoda Khuzwayo on +27 79 523 7035 or email sales@mynextonline.com.
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