African schools won five out of the eight prizes on offer for the 2011 School Enterprise Challenge, a global competition for schools. This announcement coincides with the launch of the 2012 challenge, which opened for registration today.
Organised by development charity, Teach A Man To Fish, this international competition aims to reward schools for their sustainable and entrepreneurial skills. Ranging from $1,000 to $5,000, the prizes will help them develop their business skills further and strengthen the community around it.
Of the four $1,000 prizes available for the first business planning stage, all of them went to African Schools: Sovhen in Uganda, Indeco School in Zambia, KCM Konkola Trust in Zambia and The President Barack Obama Computer College in Kenya. In the second business start up stage, Indeco School in Zambia won the $5,000 'People' prize for their bag and school uniform-making business, named Indeco Divine Hands, for having a positive effect of their local community. By taking part in the School Enterprise Challenge and developing a successful business, the school has been able to install electricity in the classrooms.
"The fact that Indeco Divine Hands is a part of the School Enterprise Challenge has really brightened the spirits of the school community and the installation of electricity at the school has greatly improved the welfare of our students" said Headmaster of Indeco School.
This week also sees the launch of the 2012 School Enterprise Challenge, which unlike last year, is open to all schools around the globe. In addition to the top prizes for schools, this year's competition will include individual prizes of $2,000 for the best teacher as well as a laptop for the best student.
"We are delighted to be holding the second School Enterprise Challenge. With more countries and schools getting involved the competition will be even bigger and better and more young people will be equipped with the skills needed to enter the business world," says Nik Kafka, Managing Director of Teach A Man To Fish.
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ABOUT THE SCHOOL ENTERPRISE CHALLENGE:
The School Enterprise Challenge is a global competition open to all formal educational institutes in every country. It is a chance for schools and their students to develop a school business that not only generates additional income for the school, but also provides students with valuable business skills.
There are two routes to enter the 2012 School Enterprise Challenge:
- Route 1 (Developing & Developed Countries) Stage I: Business Planning: Students decide on their enterprise and research & develop a business plan outlining what they intend to do & how they will finance it. Stage II: Enterprise challenge: Schools elect a board to manage the business, assign roles, mobilize resources for start-up, and implement their enterprises.
- Route 2 (Developed Countries) Write and submit a business plan aimed at a partner school in a developing country. Schools will be encouraged to interact with their overseas partner schools as much as possible, and to learn from each other's experience of the business planning process.
Official Website of the competition: www.schoolenterprisechallenge.org.uk
ABOUT TEACH A MAN TO FISH :
Teach A Man To Fish is an international non-profit organization working to improve the relevancy, quality, and availability of education in developing countries. Our pioneering approach uses profit-making school-run businesses to teach entrepreneurship and livelihood skills. This model allows schools to generate additional income, improving their financial sustainability, while at the same time enabling them to offer a more relevant and higher quality education.