INNER City Gazette

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Est 2009 Tel : 011 023-7588 / 011 402 - 1977 Inner-City Gazette

Fax: 086 609 8601

Issue 15 - 2019

Email : info@inner-city-gazette.co.za

inner_gazette

072 824 3014

18 - 25 April 2019

Website : www.inner-city-gazette.com Inner City Gazette

Distributed free to households, churches, schools, clinics, government departments, police stations, libraries and businesses in Bellevue • Berea • Bertrams • Braamfontein • City and Suburban • City West • Crown Gardens • Doornfontein • Fairview • Fordsburg • Hillbrow • Jeppestown • Jules • Johannesburg Inner City • Kensington • Lorentzville • Malvern • Marshallstown • New Doornfontein • Newtown • North Doornfontein • Park Meadows • Rosettenville • Selby • Troyeville • Turffontein • Village Main and Yeoville .

Entrepreneur wins R1m for ‘Cash for Trash’ idea The Innovation Challenge looked for ideas relevant to the property industry, which could revolutionise retail, commercial, or industrial space by enhancing business opportunities and customer experiences. Johannesburg - A Joburg entrepreneur has won the Redefine Properties Innovation Challenge through her Cash4Trash sustainability business idea, together with the R1-million in prize money. That was the first-ever Redefine Properties Innovation Challenge, which was won by entrepreneur Mary-Ann Mandishona last Tuesday. The competition invited the general public to submit ideas on how the JSE-listed diversified real estate investment trust company can better engage with and meet stakeholders’ expectations and integrate communities. The Innovation Challenge looked for ideas relevant to the property industry, which could revolutionise retail, commercial, or industrial

space by enhancing business opportunities and customer experiences. The challenge attracted 1 250 entries from across the country, and Mandishona was picked from a group of five finalists. She said her idea was that communities bring recyclable products like cans and bottles to vending machines placed at shopping malls owned by Redefine, in exchange for shopping vouchers. “We accessed a lot of resources on this journey, from the proof of concept to the prize, and I am looking forward to working with Redefine and the mentors I met through the competition, to help further develop my idea,” Mandishona said. She will now negotiate start-up support with Redefine to the value

of R9-million in the form of monetary support, education, commercial space or concept acquisition. Redefine chief executive Andrew Konig said the competition lived up to its intent of being an informed, targeted initiative. “We aim to create a movement and understanding that innovation and entrepreneurship can be manufactured in our communities all over the country, with the right mentors and support,” Konig added. Mandishona, who was born in Westbury, Johannesburg, credited her inspiration and innovation to being raised in various countries, including the United States, United Kingdom, Ethiopia and Zimbabwe, as well as her bioengineer father who worked for the United Nations.

Mary-Ann Mandishona and Andrew Konig display the winner’s cheque.


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