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Stanbic’s 2024 National Schools initiative

Kampala, Uganda | THE INDEPENDENT | Creativity, innovation, and entrepreneurial skills were exhibited as the 2024 Stanbic National School’s five-day Boot Camp recently ended; it said in a statement.

Francis Karuhanga, the chief executive of Stanbic Uganda Holdings Limited said, “I want to take this opportunity to thank the Ministry of Education and Sports that warmly welcomed the NSC idea and chose to walk with us in this journey of transforming the next generational leaders.”

To date, the championship has impacted more than 480,000 learners, teachers, and the community through direct and indirect beneficiaries.

“I want to see the National Schools Championship touching millions of youths not just thousands. I want to see more schools both rural and urban undertaking this innovation quest,” he said.

Hosted by Gayaza High School, the students had the opportunity to interact with mentors through a variety of training sessions including psychosocial/mental health; how to start a small business and build a successful brand; marketing, the business model canvas; structuring ideas, and understanding customer needs.

This is the ninth edition of the NSC which runs under the overall theme ‘Empowering the job creators of tomorrow’ with the 2024 tagline being: ‘Powering Innovation for Job Creation’.

Diana Ondoga, the Manager of Corporate Social Investments at Stanbic Bank said, “The boot camp is aimed at mindset change among learners between the ages of 13 to 18. This program seeks to extract what exists in these learners and get them ready to be a part of solutions to the challenges in society.” “The boot camp is where they are being skilled…some of the skilling areas include the business model canvas, financial literacy, personal development, psychosocial wellness, and more.”

Over the years, the competition has helped develop more than 200 successful businesses.

Ondoga said, “You would be amazed that the best group was able to generate revenues of Shs260,000 and a profit of Shs210,000 from the Shs50,000.”

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