SAB Foundation

SAB FoundationThe Social Innovation Awards was launched in 2011 as part of the SAB Foundation’s primary focus to ignite a culture of entrepreneurship in South Africa.
In 2013, Khaya Power was awarded a R150 000 seed grant. He created a cost effective solar power pack which can now provide low income households with access to clean, affordable energy all from a 5 litre plastic container.

To date, the awards have invested in more than 40 entrepreneurs and their innovations at a total cost of over R11 million.

“It is important that more and more people participate in South Africa’s social and economic life if high impact and sustainable levels of job creation is to be achieved.  More so, an innovative thread of thinking is fundamental in providing the necessary force to make a real dent,” says Boipelo Nkadimeng.

For more info visit http://www.sab.co.za/sablimited/content/en/sabfoundation-detail-page?oid=2917&sn=Detail&pid=2169

 

iKHAYA IS THE WORD FOR "HOME" IN XHOSA & ZULU