Passion, purpose, and a commitment to social impact took center stage at the recent Hult Prize Foundation event at Tshwane University of Technology (TUT), where Bakone Development Agency’s CEO, Thabang Phala, made a remarkable impression. As both a distinguished guest speaker and an esteemed judge, Thabang’s presence resonated deeply with aspiring entrepreneurs who gathered to pitch groundbreaking solutions to some of the world’s most pressing challenges.
Representing Bakone Development Agency, an organization dedicated to fostering sustainable development and empowering communities, Thabang delivered an inspiring keynote on “The Importance of Visible Infrastructures for Entrepreneurship Development.” His insights shed light on the crucial role that accessible resources, mentorship, and institutional support play in fostering a thriving entrepreneurial ecosystem, particularly for marginalized communities.
Beyond his powerful speech, Thabang took on the critical role of a judge, assessing the innovative ideas presented by students and young entrepreneurs. His expertise in social entrepreneurship, digital marketing, and community development allowed him to provide constructive feedback and mentorship, reinforcing his dedication to nurturing the next generation of changemakers.
Driving Sustainable Change with Bakone Development Agency
At the heart of Thabang’s message was the mission of Bakone Development Agency—a collective of highly skilled development practitioners committed to designing and implementing sustainable programs that equip individuals with the necessary skills to actively participate in their local economies. Through initiatives such as mentorship, training, and project development, Bakone unearths the potential of individuals and businesses to drive meaningful social impact.
Utilizing the ADDIE model (Analyze, Design, Develop, Implement, and Evaluate), Bakone creates tailored solutions that address socio-economic challenges through education, instructional design, and entrepreneurship training. The organization’s approach is not just about creating businesses but fostering enterprises that uplift communities and drive long-term, sustainable change.
A Leader in Social Entrepreneurship
Thabang Phala’s work extends beyond speaking engagements—he is a dedicated advocate for youth and women empowerment, a digital transformation strategist, and a mentor who actively contributes to shaping South Africa’s social entrepreneurship landscape. His ability to merge business acumen with community development has positioned him as a trailblazer in the field.
His appearance at the Hult Prize TUT event is yet another testament to his commitment to developing impactful entrepreneurs who will build businesses that not only generate revenue but also address critical social issues.
As we celebrate his contributions and the incredible work being done by Bakone Development Agency, we invite you to learn more about how we are shaping the future of social entrepreneurship. Visit bakone.org.za to explore our programs and initiatives.
