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20140912 Catherine-Townshend-Business-Day-TVInnovation can be a meaningless buzzword or a game changer in the workplace. Cara Skikne of Business Day TV spoke to Catherine Townshend, MD of Endeavor South Africa. Endeavor together with FNB host the FNB Business Innovation Awards.

Business Q&A probes the decisions made by top businessmen and women as we investigate what makes a great company.

Click here to view the interview.

Published in Endeavor SA Blog
Thursday, 04 September 2014 09:50

Introducing FNB Business Innovation Awards

20140904 FNB-Innovation-awards Logo-green 210Johannesburg, 3 September 2014 –FNB Business in partnership with Endeavor South Africa has announced the launch of the FNB Business Innovation Awards to recognise and celebrate companies that continue to forge unique ways of doing business.

“The purpose of these Awards is to recognise the growth that the entrepreneur has achieved for their business and the potential of significant scalability through leveraging the Endeavor network. FNB understands that outside of financial considerations, businesses should be recognised, and given access to expert guidance and global mentorship in order to achieve their goals”,said Michael Vacy-Lyle, CEO of FNB Business.

Facilitated by Endeavor South Africa, the selection criteria of the Awards will focus on businesses that are able to meet the following key areas:

  • •  Development impact: Exhibit high-growth potential and the capacity to add substantial economic as well as strong potential to create a number of high-value jobs;
  • •  Business Innovation: Demonstrate real innovation that has the potential to change the way an industry operates locally and/or internationally;
  • •  Fit with FNB and Endeavor: Be interested in accepting advice and support from FNB and Endeavor as well as contributing to the Endeavor network.

Factors such as brand and reputation, stakeholder relations and goodwill, environmental sustainability, social responsibility, and quality of governance are all taken into account.

Board member of Endeavor South Africa, Paul Harris, says, “The FNB Business Innovation Awards supported by Endeavor are a real opportunity for high-impact entrepreneurs to unleash their potential. Endeavor’s extensive experience in working with high-impact businesses is perfectly complemented by FNB’s commitment to innovation. This is a necessary platform for every business that has an ambition to become a successful global business”.

The winner of the FNB Business Innovation Awards will get an opportunity to participate in the coveted three-day Endeavor International Selection Panel (ISP). The ISP brings together high-impact entrepreneurs to have their business evaluated by world-class business leaders and for the opportunity to become part of an exclusive global network.

Innovation is a theme that remains central to FNB’s business philosophy. We believe that innovation is a key driver of business growth and scalability. It contributes to our philosophy of creating a better world through high quality job creation. The Bank continues to lead the South African banking sector through innovative solutions for its customers. In 2012, FNB became the first South African bank to be named the World's Most Innovative Bank of the Year at the BAI-Finacle Global Banking Innovation Awards held in the United States.

Vacy-Lyle adds, “The FNB Business Innovation Awards are an extension of the Bank’s commitment to addressing modern business and economic challenges. We challenge established businesses to enter the Awards to inspire them to think bigger.”

The entries for the FNB Business Innovation Awards open on 1 October 2014. Entries can be submitted online via the website www.fnbbusinessinnovationawards.co.za.  The closing date for entries is 12 December 2014 and the inaugural winner will be announced in May 2015. ENDS

20140904 FNB-Innovation-awards Logo-green

Published in 2014
Thursday, 04 September 2014 09:35

Introducing FNB Business Innovation Awards

20140904 FNB-Innovation-awards Logo-green 210Johannesburg, 3 September 2014 – FNB Business in partnership with Endeavor South Africa has announced the launch of the FNB Business Innovation Awards to recognise and celebrate companies that continue to forge unique ways of doing business.

“The purpose of these Awards is to recognise the growth that the entrepreneur has achieved for their business and the potential of significant scalability through leveraging the Endeavor network. FNB understands that outside of financial considerations, businesses should be recognised, and given access to expert guidance and global mentorship in order to achieve their goals”,said Michael Vacy-Lyle, CEO of FNB Business.

Published in Endeavor SA Blog

International investment advisory firm, U-Start, fortifies its presence in Africa with an international conference for early stage ventures featuring business pitches from top African enterprises, discussions with national and international investors, elite speakers and panellists. The U-Start Conference will select and partner some of the regions’ most prominent ventures with a body of active global investors in Cape Town today, Thursday 6 March 2014.

The conference serves as an integral arm of the international series of global U-Start conferences. With just over 132 international investors, contributing to an estimated fund of €3.8billion under management, Thursday’s event serves as a significant window of opportunity for three early-stage innovative ventures.

Published in Endeavor SA Blog

Endeavor South Africa Managing Director, Catherine Townshend, has been invited to join the Kauffman Fellowship – a highly competitive two-year programme dedicated to the world of venture capital and the cultivation of new high-tech, high-impact companies. She is the first candidate from South Africa to join the programme.
Only thirty-five Kauffman Fellowships are offered each year. They take the form of “practical apprenticeships”, which include professional coaching, mentoring by senior partners, and quarterly sessions of industry and leadership curricula conducted in Palo Alto, California.

Published in 2013

Endeavor South Africa Managing Director, Catherine Townshend, has been invited to join the Kauffman Fellowship – a highly competitive two-year programme dedicated to the world of venture capital and the cultivation of new high-tech, high-impact companies. She is the first candidate from South Africa to join the programme.
Only thirty-five Kauffman Fellowships are offered each year. They take the form of “practical apprenticeships”, which include professional coaching, mentoring by senior partners, and quarterly sessions of industry and leadership curricula conducted in Palo Alto, California.

Published in Endeavor SA Blog