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South Africa: JASA Reward Learners with Entrepreneurial Potential
Source: SA - the Good News
Source Date: Monday, October 21, 2013
Country: South Africa
Created: Oct 21, 2013

The competition gives learners an opportunity to demonstrate what they have learned through JASA’s programmes as well as the rigorous entrepreneurship training workshop hosted by Investec.
Linda McClure, Managing Director of Junior Achievement South Africa notes, “The Junior Innovators Competition is a fantastic opportunity for learners who have participated in a Junior Achievement Programme. The intensive four day workshop exposes learners to various aspects of entrepreneurship and the structure of the competition ensures that learners have to work in teams as well as individually. The experience for the learners is invaluable and great appreciation goes to Investec for making this possible.”
Finalists are judged based on a number of attributes. These relate to their products as well as their business acumen, including their willingness to take risks, and their resilience, passion and confidence about their business idea. With this year’s theme being innovation, judges will also take into account the quality of innovation and knowledge of a respective industry and target market. The learner who has developed the most innovative business idea and is selected as the winner of the competition will receive R60,000 towards their tertiary study at a university of their choice.
The winner of this year's competition was announced at a gala dinner hosted at Investec on Thursday 26 September 2013. Kholofelo Ramalepe from Motse Maria Secondary School in Limpopo walked away with 1st prize for her innovative melodic fishing rod - a fishing rod with a water proof motion sensor. The rod will sense fish in close proximity to the rod, guaranteeing both commercial and subsistence fishermen with results. 2nd place went to Iqbaal Osman’s innovative three-in-one stapler, punch and staple remover, Iqbaal studies at Merebank Secondary School in KZN. Lonwabo Ncanda from Princess High School in Johannesburg was awarded 3rd place, he devised an online music store which will create a platform for young and upcoming musicians and producers.
Setlogane Manchidi, head of Investec Corporate Social Investment (CSI), believes the Junior Innovators Competition is an ideal fit with Investec’s philosophy in this area as it is underpinned by the two strategic pillars of education and entrepreneurship. Commenting on this year’s competition, Mr Manchidi says: “Our focus on entrepreneurship is deliberate. At Investec, we believe that by developing a generation of entrepreneurs we will be able to create opportunities for employment, wealth creation and socio-economic growth. Through the Junior Innovators Competition, we are able to identify entrepreneurial talent and provide an opportunity for these individuals to grow into some of South Africa’s successful future business leaders.”
The winner this year follow appropriately from the high standard set by the 2012 finalists and particularly Junior Innovator competition finalist, Keith Mbaso from Eqinisweni Secondary school, who went on, as part of a team to win the SA HP Global Social Innovation Relay with the idea of converting kinetic energy from a playground to power households near the playground and, in so doing, assist the community.
Investec Group’s CSI portfolio of social investments into South Africa focuses primarily on enabling access to education and fostering entrepreneurship in order to make a positive difference and significant contribution towards getting the youth involved in important aspects of the country’s development.
Junior Achievement South Africa (JASA) is a nationwide, non-profit organisation that offers experiential entrepreneurial business, financial literacy and workplace readiness programmes for young people. JASA has educated young South Africans across the country for the past 32 years in the fields of business and entrepreneurial skills through practical, experiential programmes.
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