Entrepreneurship Q&A

Do you have questions on the financing needs of your business? Fin24.com has a panel of experts on standby to answer queries.

PODCAST: Lessons from Abroad

Think it's easier to start a business in the US as opposed to SA? Listen to Fin24.com's entrepreneurship experts.
Where am I? Fin24.com

SAB moves to protect vuvuzela

May 19 2004 12:15 Print this article  |  Email article

Related Articles

 
Cape Town - Vuvuzela, the braying trumpet which has become an ubiquitous symbol of South African soccer, will in future be fully trademarked to prevent its inventor being ripped off, SABMiller said on Wednesday.

The beer company will give entrepreneur Neil van Schalkwyk legal and mentoring aid.

Spokesperson Michael Farr said, given the overwhelming popularity of the vuvuzela, SAB-Miller was keen that everybody should know the product was created by a South African, and that his labour be respected.

"To that end, we are assisting Neil with his legal costs in order to protect his product, so that he avoids the risk of anyone capitalising on his business unfairly," said Farr.

He said SABMiller would also be mentoring Van Schalkwyk throughout the anticipated growth of his business, touting the Cape-based entrepreneur as the first small black business to benefit from South Africa's World Cup bid victory.

Van Schalkwyk's business, Masincedane Sport, was "kickstarted" by a project called SAB KickStart, run by the South African Breweries.

Van Schalkwyk won the SAB KickStart Award in 2001, and has not looked back.

The SAB KickStart is a project aimed at inculcating a culture of entrepreneurship among young people between the ages of 18 and 35 by promoting business awareness through training.

It also provides grants as start-up capital, and offer mentorship and assistance during the setting up phase of the businesses.

  • page

 

Comment on this story

(No bad language or hate speech, please)
Comments for this article have been closed

Indicators

Last updated: Fri 00:00

View data hub

Company Snapshot

Make money from art
Sep 02 2010 12:48

Art's nicer to look at than stock and bond certificates, but can it make you money? Fin24.com spoke to the experts about this alternative investment class. Time: 3:00

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...