To help young children realise their business ideas, Bank Windhoek started the BizzKids Competition four years ago. This year’s competition was launched in Windhoek yesterday.
The competition is a platform created for scholars across Namibia between the ages of 6 and 16, to sell and promote their own products and services.
The scholars are encouraged to enter the competition and win the opportunity to put their business savvy to the test during the Bank Windhoek Kidz Fun Fair and Family Expo, scheduled to take place on 1 and 2 November at the SKW Sports Grounds in Windhoek.
“The BizzKids Competition is part of Bank Windhoek’s contribution to the development and growth of Namibia’s economy by creating youth that is willing to take risks and think beyond traditional ways of doing business. It is imperative for Namibia to encourage entrepreneurship among the youth in order to install entrepreneurial values at a young age,” says Marlize Horn, Executive Officer: Marketing and Corporate Communication Services at Bank Windhoek.
She adds that the Bank Windhoek BizzKids Competition allows the youth to design creative business plans and win the opportunity to put it to the test,.
The competition’s main objective is to educate the Namibian youth about entrepreneurship and give the young entrepreneurs an opportunity to enter a competition to win one of 10 exhibition stands at the Bank Windhoek Kidz Fun Fair and Family Expo.
At the Expo, the judges will award the top three stands with cash prizes of N$5000, N$3000 and N$2000 respectively. The school of the winning pupil(s) will also receive a cash prize of N$ 5000!
The closing date for entries is 20 September 2013 and the finalists will be announced on 30 September 2013.