Entries open for Youth Entrepreneurship Education Competition
The Eskom Development Foundation has officially opened entries for the 2017 Simama Ranta School Entrepreneurship Education Competition.
This annual competition, which is one of the Foundation’s flagship programmes, is aimed at identifying and celebrating South African secondary schools that are leading the way in entrepreneurship education.
The Eskom Development Foundation works in partnership with the Education With Enterprise Trust (EWET) to bring this premier entrepreneurship education competition to learners across the country.
The competition seeks to encourage young people to consider entrepreneurship as a career instead of studying to become job seekers.
Many young South Africans who could be contributing to the economy are not able to do so due to a lack of jobs.
According to Statistics SA data, almost 4 million young employable South Africans are unemployed, which demonstrates a need for other alternatives.
Through their partnership, the Eskom Foundation and EWET run various programmes aimed at addressing this challenge by empowering the youth to actively participate in the economy.
Simama Ranta is open to all South African intermediate and secondary schools.
To qualify for the competition, the applicant schools must run enterprise clubs that teach their learners the basics of business through practical application while responding to their respective communities’ socio-economic challenges.
The competition awards winners with great prizes which they can use to grow their enterprises.
The overall winning enterprise receives R100 000, each provincial winner receives R50 000, provincial runners-up each receive R25 000 while second runners-up receive R10 000.
Entries for the competition are open until June and can be submitted via email to Tshidi@ewet.org.za.
The Eskom Development Foundation is tasked with implementing Eskom’s CSI strategy and operates as a not-for-profit company in sectors including enterprise development, education, environment, agriculture, healthcare, social and community development.
For enquiries, contact; Chris Bornman, Communication Manager Eskom Development Foundation,Telephone: +27 11 800 2758 and Email: chris.bornman@eskom.co.za.
