Overview: The South Africa Fast Growth 100

Entrepreneurship and economic growth are alive and well in South Africa -- and the proof will soon be revealed in the inaugural South Africa Fast Growth 100 list.  Recently launched by AllWorld Network and Professor Michael Porter of the Harvard Business School along with strategic partner Endeavor South Africa, the South Africa Fast Growth 100 will shine a spotlight on a new generation of companies creating jobs and spurring innovation and growth in the nation of more than 49 million people.  The list will be an essential gauge of South Africa's economic status and future prospects, because entrepreneurs are a country's "leading indicator" of competitiveness.

An entrepreneurial economy is the very essence and foundation of a vibrant, competitive, knowledge-based economy -- and the most competitive nations have the highest rates of entrepreneurship.

The South Africa Fast Growth 100 winners will be compiled and ranked according to their revenue performance over the last five years, using international standards.  The application process is strenuous and includes a reviewing of the audited financial statements of applicant companies.

The results will shine a light on South Africa's most dynamic business leaders - real companies, with real growth and real success.

Through local, regional and international media, companies participating in the South Africa Fast Growth 100 gain immediate and free exposure throughout the region.  They also benefit from access to the AllWorld Network, an innovative social network connecting fast growth companies, investors and media outlets around the world.  Participation in the South Africa Fast Growth 100 costs nothing for the companies that enter, and offers a fantastic opportunity for growing companies to be recognized.

There can also be lasting rewards.  Winners of similar US, UK and Saudi Arabia list have credited their participation for helping them win large contracts, gain greater credibility, and attract new sources of capital from meeting major investors.  The same opportunity is now right here in South Africa.

"The South Africa Fast Growth 100 will demonstrate that emerging company owners in the country are true corporate heroes.  These South African men and women represent the leading edge of a new approach to job growth and competitiveness."  Professor Michael E. Porter, AllWorld Chairman and Harvard Business School.