The interesting debate touched on the ideal ecosystems for entrepreneurs based on four key archetypes as identified by research conducted by the Monitor Group in 26 countries. The summit was attended by some of the best and brightest minds in business, academia and government.
The models discussed were:
The outcomes from these discussions has been captured in a multi-authored White Paper that incorporates key topics and proposes insights and recommendations for the creation of dynamic entrepreneurial environments in the country.
Outgoing Endeavor MD, Malik Fal, states, "A deliberate effort must be made to foster a culture of entrepreneurship in South Africa. Local entrepreneurial heroes need to be sought out and celebrated."
Sanjeev Orie, head of acquisitions for business banking at FNB adds, "As a company with entrepreneurial spirit at its heart, the bank is committed to supporting South African entrepreneurs to take advantage of the business opportunities present in our country by offering sound financial and innovative banking solutions. By partnering with such initiatives, we hope to initiate ongoing interventions and lead the debate on issues pertaining to entrepreneurship in South Africa, as well as to develop a greater understanding of our local entrepreneurial landscape".
The report can be found on the FNB, Biznetwork and Endeavor SA websites.