Business

Holy Cross Lake View SSS Crowned Stanbic National Schools Champions for 2019

Holy Cross Lake View SSS from Eastern Uganda has emerged victorious in the 4th edition of the Stanbic Bank National Schools (NSC) championships, following a highly competitive finishing round which involved four schools.

The winners managed to beat off competition from Nyakasura School from (Western region), St Mary’s College, Kisubi (Central region) and and St Mary’s College, Aboke  (Northern region) who were   selected for the penultimate stage which was the boot camp.

After a series of qualifying rounds the four finalist schools presented their relevant business plans to a panel of judges during the finale held at Hotel Africana on Friday.

As this year’s champions Holy Cross Lake View SSS will walk away with several prizes for their school including a trip to South Africa for the two contestants.

During the awards ceremony StanbicChief Executive Patrick Mweheire thanked the 2019 champions for putting up a spirited fight and ably defending their business ideas.

“The aim of this Championship project is to promote access to better rounded education and enhance skills development through equipping students with entrepreneurship, critical thinking and life skills that we believe will better prepare them to be job creators in the future,” he said.

The annual NSC is a flagship Corporate Social Responsibility project of Stanbic Bank that runs countrywide and has been taking place since 2016. It seeks to equip students with business and enterprise skills in a bid to nurture entrepreneurship, creativity and long term business thinking.

Mweheire said, “Student participation in this initiative has grown over the last four years to involve 72 schools and 21,600 students, a much more significant number of teachers, students and community members have benefited from the various life and financial skills trainings that we have implemented.”

Stanbic Bank Head of Corporate Social Responsibility (CSR) Barbara Kasekende congratulated the winning school saying they won because they followed the business plan which full filled all the required sustainability tests.

“The quality of the competition this year has been very impressive. We are particularly pleased to see the great enthusiasm amongst the students which proves there is growing popularity for championship across the country each succeeding year.

“What’s more exciting is the passion the teachers have, not only for the National Schools initiative, but also for their self-development as well,” she said.

Adding; “Over the years, we have been able to witness amazing business ideas generated by the students from across the country that are still being executed within the school premises to date. This year alone, more than 400 business ideas were generated by the students across the country that included 72 schools and 21,600 students, drawn from all the four regions of the country.”

The theme for this year was ‘Empowering the job creators of tomorrow’.  The competition began with activations across the four regions of the country. Participating schools then went through boot camp, classroom tests after which they had a business idea generation session that allowed them to present their business ideas to their respective school communities.

Prizes

NO. School Position Beneficiary Prizes
  Overall Winner Holy Cross Lake View SS School Fully installed solar system worth ugx 20 million
Students Fully paid 4-day educational trip to South Africa – Pocket money worthy USD 100 per day each Latest IPad each
Patron teacher Fully paid 4-day educational trip to South Africa – Pocket money worthy USD 100 per day Cash Prize of ugx 1.5 million
  1st Runner Up  Nyakasura School School Fully installed water system worth ugx 10 million
Students Latest model lap top computer each
Patron teacher Cash Prize of ugx 1.2 million
  2nd Runner Up St Mary’s College Kisubi School Scholastic supplies worth ugx 5 million
Students Latest model Kindle each
Patron teacher Cash Prize of Ugx 800,000
  3rd Runner Up St Mary’s College Aboke School Scholastic supplies worth ugx 2 million
Students School fees bursary for one term and a smart phone each
Patron teacher Cash Prize worth Ugx 500,000

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