Due to the current global COVID-19 outbreak, the organizers of Chivas Ventures has decided to award the 26 finalists equally. ChivasVenture sponsored
Each year the Chivas Venture – a global initiative of leading blended Scotch whisky Chivas Regal - gives away $1 Million in no-strings funding to startups who blend profit with purpose to have a positive impact on the world.Responding to an urgent need for global action the organizers of the Chivas Venture 2020 have announced that, as the Global Finals cannot take place, this year’s prize money will be shared equally among the 26 Finalists from countries across the globe, with immediate effect.
Q: You’ve already walked quite a journey with the Chivas Venture, since you were named SA Finalist in January. What are your thoughts about the decision that the global organizers have taken to split the prize money between the 26 Finalists this year? I think due to these extreme circumstances I understand the compromise that is being made, that ensures that each finalist does not go home empty-handed. It’s really put me at ease.
The funding means we can plan ahead and be assured that our projects for the rest of the year are covered. It will cover 18 projects that will roll out later in the year, because everything has come to a grinding halt now, of course. This funding will enable us to be self-sustainable and having it in place gives me the room to seek other funding. One of the biggest benefits of being awarded this funding and of being associated with Chivas Venture is that this will unlock other funding.
Especially now with the Lockdown in progress in South Africa, it will be a good time to dedicate myself to completing the modules. his is my ray of light during this difficult time. Nhlanhla was raised in a tiny four-roomed house in Soweto, just outside Johannesburg, which he shared with his large family. Having to share such a small living space while going through all the growth stages of becoming a man, inspired and motivated him to build his own space in the family yard.
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