Stanbic Bank has has crowned the best performing schools in the National Schools Championship with a call for young entrepreneurs to grow their business in schools.
The awarding happened in Kampala yesterday where four secondary schools from each region of Uganda with the best business ideas from across Uganda walked away with Shs1 million each.
This is the 4th edition of the National School Championship under the theme “empowering the job creators of tomorrow”.
The annual competition seeks to equip students with business and enterprise skills in a bid to nurture entrepreneurship, creativity and long term business thinking.
This year, the competition began with activations across the four regions of the country. Participating schools then went through classroom test after which they had a business idea generation session that allowed them to present their business ideas to their respective school communities.
“The boot camp was the second last stage of the completion where students were equipped with business, writing, life, presentation and marketing skills to enable them set up a business project in their communities,” said Kasekende Barbara.
The Stanbic National School Championship began since February and the four winning secondary schools were unveiled at a 6 day boot camp held at Gayaza High School.
They include Nyakasura School from western region, St Mary’s College, Kisubi from central region, Holy Cross View SSS from Eastern Region and St Mary’s College, Aboke from the Northern region.
The finalists presented their business ideas before the panel of judges at the championship final and winners walked away with numerous prizes for their schools.
Results were read by Judge Amos where he urged the schools to think in terms of long term business which will help them to grow financial in the next generations or the future; he continues to then read out the winners.
“St Mary’s College, Kisubi from Central emerged winners in this year’s National school championship, Holy Cross View SSS from Eastern region emerged the second best winners, Nyakasura School from Western emerged third winners and followed by Aboke in 4th position.”
Stanbic Bank head of Corporate Social Responsibility (CRS) Barbara Kasekende said, “We aim at supporting young entrepreneurs and also overseeing that young people face less challenges. We need to see that young people work without waiting for the government to provide them with jobs in the future and so that is the reason why we Stanbic bank have come up with the National school championships which is aiming basically at the secondary students.”
She said before they were doing banks and other financial sectors, but they have realized that the problem is a lot more bigger and their aluminizes is to get as many people as they can basing on the fact that they are banks where Stanbic will work with different partners to keep the aluminizes, she said javas is already taking four of the participants for internship, Ucc also has given scholarship to at least two more students and the International University of East Africa has also given fully paid scholarship to the winners.
“However, the National Schools Championship will again continue in July 2019 at Hotel Africana where the final will be. This is where we shall get the National champion after our survey in each school to see that the projects are being implemented,” said Kasekende.
Director of studies KCCA, Juliet Nambi Namuddu says for four years now, she has witnessed the impact this project has made on the secondary school students in Uganda.
She notes that Stanbic Bank gives out money or capital to each selected schools to go and implement their projects in their schools where young people save money, invest and also build them self.
“I move with Stanbic bank because they aim at skilling the youth in schools so this will help our Ugandans make informed chooses to the economic world and they will be job creators.”
By George Piwang