According to the latest pole by Global Entrepreneurship Monitor, Cape Town is producing more Entrepreneurs than any other city in South Africa with a score of 90% above the country average.
With programmes like The Entrepreneur Incubator in Cape Town it is little surprise to see these results. We have already declared 2009 the year of the Entrepreneur and have hedged our bets on Cape Town becoming the leading Entrepreneurial hub in the world.
Businesses that are hatched and develop within a business incubator have a 87% chance to develop into larger organisations defying the current odds or 9 out of 10 small businesses going bust in their first ten years.
Sunday, September 7, 2008
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