South-African-Social-Entrepreneur-Takes-Top-Spot-at-the-Global-Student-Entrepreneur-Awards

Utah and Tennessee Runners-Up in Worldwide Student Business Competition

New York, NY, USA (19 November 2011) – The Global Student Entrepreneur Awards (GSEA), the premier international competition for high school, college and graduate students who have founded and are operating revenue-generating businesses, announced the 2011 Global Student Entrepreneur of the Year: Ludwick Marishane, founder of Headboy Industries LCC and senior at the University of Cape Town. In a competition that began with nearly 2,000 students from 42 countries, Marishane will share in the half million dollar prize pool of cash and in-kind business services, including a year of mentorship from Redbox founder, Mike DeLazzer.

The 21-year-old "opportunity obsessed" Ludwick Marishane founded Headboy Industries in 2007 to create products that solve the world's most difficult problems and make them available to everyone. Its flagship product, DryBath, is the world's only bath substitute lotion for the whole body. First designed for sleepy college students too lazy to shower, its greatest application is for the millions people worldwide who have no daily access to clean water. This year, Marishane was also named one of 12 "Brightest Young Minds in the World" at the annual Google Zeitgeist event and was the youngest person ever to speak at the event. Currently in his last year at the University of Cape Town, Marishane is majoring in accounting and finance and plans to continue to develop and commercialize products that are profitable and have a global impact.

Read more at [Market Watch].