2014-2015 Entrepreneurs’ Suite Projects

High School Category

Business Name Business Description Position in Competition Prize Money to be awarded
Gassette (Harare High School) An operation that sells LP gas in the Aspindale Park area of Harare. The company also makes use of a mobile application that customers may use for ordering their gas and it will be delivered to their desired locations, making use of direct distribution. The company aims to move into servicing and repairing of gas appliances to broaden their service base. 1st $2 000
Just in Time Bus Company (Kutama College) A transportation company that was formed to provide low-cost transport to residents of Chitungwiza. The need for this bus company was identified after observation of the dangerous action taken by commuters as they scramble for the few cheaper options of public transport to transport them to their destinations

 

2nd $1 500
E-Library, Pro-Read (Harare High School) An online book rental company that specializes in in providing college and university students with a platform to rent E-textbooks using their computers and mobile devices. 3rd $500

 

University Category

Business Name Business Description Position in Competition Prize Money to be awarded
Fresh Harvest (University of Zimbabwe) Fresh Harvest is a business that provides fish farming solutions and advisory services. Their products and services include pond construction, fish seed supply and advisory services to fish farmers who are starting out in the area of fish farming. They aim to be the leading service providers of fish farming solutions in Zimbabwe. The business has been registered under the Companies’ Act. Since training, the business has trained over 200 clients and sold seed worth over USD8 000. The business has made use of the marketing training they received to increase their market share. A large part of their prize investment will go into purchase of an indoor fish hatchery which has capacity to produce 4 000 fish seed a month.
1st $5 000
Cultural Pride Clothing Manufacture and sell unique designs with African print, suitable for both casual and smart occasions. They have employed sales agents who market the clothing they produce for a commission. Cultural pride clothing has also developed a mobile app “Dressed to kill” which is an IT based marketing tool. Since undergoing entrepreneurship training, the company is now registered and has increased its’ employee base by recruiting 2 tailors. The company prides itself on social entrepreneurship by using the waste cloth to make pillows which they donate to Tichakunda Children’s Home in Hatcliff.
2nd $3 000
Sanitem Sanitem stands for Sanitize to Empower. The company seeks to provide enhanced water hygiene, sanitation and environmental services through production of products such as sanitary pads and hygiene soaps such as hand sanitizers and digesters. The company is making headway into formalization by applying for company registration using the contacts that were availed during the training.
3rd $2 000

 

2012/13 Entrepreneurs Suite Challenge

The 2012/13 BOOST – CBZ Entrepreneurs Suite Challenge was held on Friday 12 April in Harare with more than 140 university and high schools students attending the event. The challenge comprised of 2 categories, that is, the university category and the high school category.  In the university category there  were 5 universities namely National University of Science and Technology (NUST) and University of Zimbabwe (UZ) with 4 business  plans from NUST and 1 business plan from UZ.  In the high schools category there were 6  business plans 5 schools and these are  Hilbright Science College, Churchill High  School, Mount Pleasant High School, Harare  High School and Kutama College with 2 business plans.

The 5 finalists project profiles from the  universities category were as follows:  The  first  from NUST was W.C.D Chemicals.  This  business venture specializes in the  manufacturing and supplying of household, industrial and hospitality cleaning detergents.  Project Nyarukwa Farm also from NUST was another finalist and their business idea is based on potato production where there is a ready market in the surrounding communities and supplying to urban areas. The third project from NUST was Neolab and the group came up with Connect which is an intelligent, hybrid, wireless shared resources and services network running on an enterprise state wireless backbone.  It utilizes a custom built network manager to enable the effective utilization of resources such as bandwidth and processing power.  The final finalist from NUST was the Sahara Solar business idea which as the name suggests is a solar energy company that will provide comprehensive solar power services to residential consumers.  Sahara Solar’s product line consists of solar water heaters (SWH) and grid-tied photovoltaic (PV) solar power systems.  The final business plan that qualified from the university category was from UZ named EDHM.  EDHM is an idea about chalkless classrooms to curb allergic reactions and illnesses caused by chalk dust in classrooms.

Having 2 business plans qualifying for the Challenge Kutama College, the first business idea was B.E.T and this is about supplying school uniforms and corporate wear.  Their products include school caps, school track suits, school bags, company uniforms.  The second business plan from Kutama College was Prowess Enterprise which is about a multipurpose plastic bottle which is more portable, durable and environmentally friendly.  This came about from the littering seen in high schools and the harmful effects that plastic has on the environment.  From Harare High School came the idea of Green Gold Energy which is focused on alternative energy solutions which include the construction of biogas digesters and installation of solar systems and the manufacture and fabrication of biogas fired appliances.  Hilbright Science College’s qualifying business idea was a project about potato farming based on the fact that there has been an increased demand for potatoes and have been the most farmed product in recent years.  The fifth business idea was from Mount Pleasant with the MUSH NET Holdings project focused on mushroom production.  The idea to venture into this business was motivated by the shortages of mushroom on the domestic market and low quality mushrooms being charged at high prices.  The final project in the high schools category is the Crown Crest project from Churchill which is a poultry project supplying chickens to surrounding boarding high schools.

In the end the team from Neolab representing NUST clinched first prize and emerged as the winners for the 2012/2013 Challenge.  The Neolab team won USD5 500, the second prize was USD3 500 which went to Sahara Solar also from NUST, the third prize went to UZ for the EDHM project and they won USD2 000.

The first prize for the high school category USD 2000 and the school also received the same amount and this prize went to Harare High for the Green Gold Energy project, the second prize was USD1 000 and the school also received the same amount and this went to the MUSH NET project from Mount Pleasant High School.   The third prize was for USD500 which the school also received and Hilbright Science College was awarded this prize for the Potato Mart project.

The panels of judges were paying particular attention to market opportunity, distinctive competence, management and organization, financial understanding, investment potential, sustainability and oral presentation.  The students will use the cash prizes they won to start up their businesses and contribute positively to the advancement of their lives and the communities around them.