Thursday , November 7 2024

Stanbic Bank rewards winners of its 2021 Schools Championship initiative

Stanbic Bank Chief Executive, Anne Juuko explains to Vice President, Jessica Alupo about one of the projects the bank is funding under its National Schools Championship initiative. This was during the official closure event of the 2021 6th edition of the Championship at Sheraton Hotel on Sept.16.

Kampala, Uganda | THE INDEPENDENT | On Sept.16, the 6th edition of the Stanbic National Schools Championship (NSC) came to a thrilling climax at the Sheraton Hotel Kampala, graced by the Vice President Jessica Alupo and State Minister for Youth, Sara Mateke and the bank’s top executives.

More than a dozen projects drawn from all regions of Uganda faced off, in a grueling final that followed several months of a competitive process which attracted the participation of over 60,000 students representing over 100 schools in over 100 districts of Uganda

Eight schools made it to the finals and Kyebambe Girls Secondary School emerged overall winners in the “Start-up Biz challenge” with their “Black Soldier Fly Larvae” business proposal winning approval from a three-person judging panel.

They took home a solar system worth Ugx15million for their school, their teacher/patron took home Ugx1.5million and each student on their organic animal feeds project dubbed ‘Black Soldier Fly Larvae’ won a brand-new laptop.

Busoga High School from Eastern Uganda earned the 1st runners-up spot after pitching an organic pesticide project. The school was rewarded with prizes worth Ugx10million, a smart mobile phone for each student worth Ugx1million, an Airtel 4G Mi-Fi and a cash prize of Shs1million for the patron teacher.

King’s College Budo with their shoe protective products and Kigumba Intensive S.S with their bakery business were the second and third runners-up for the Start-up challenge. They too were rewarded with cash prizes and other goodies.

Nshuti Elve, from I-tech Africa won in the “AlumGrow” category dedicated to former students who wish to participate in the championships. They too took home Ugx1.5million and other goodies.

Otino Waa Comprehensive School from Lira district won in the BizGrow challenge category with their Otino Waa Honey product. They also bagged Ugx1.5million and other goodies.

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The TeachGrow category in which teachers from different regions competed with each other was won by Teacher Bwambale Samuel who started Penny Medical Care with colleagues; he took home Ugx1.5million and other goodies.

The Guest of honour, Jessica Alupo, the Vice President of Uganda described the championship as a ‘impressive event’ that is complementing government efforts of creating jobs for the youth and supporting economic growth.

She said: “What you are doing is empowering job creators of tomorrow…and the government is ready to support you.”

Anne Juuko, the Stanbic Bank Uganda Chief Executive said, with the COVID-19 pandemic still looming and schools being closed, skilling is key.

Juuko said, through the NSC, the bank is contributing to systemic impact beyond individuals, families, and schools, to entire communities and the country as a whole “because Uganda is our home, and we drive her growth.”

To date, 300,000 students have been impacted, 1000 teachers have gone through the trainings, 2000 business ideas have been generated with slightly over 500 businesses being on the ground.

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