By UTN Reporter Kampala - In a rare drive to encourage entrepreneurship in Schools, St Lawrence University has launched an annual competition that will see students getting rewarded for their innovativeness and entrepreneurship skills.
The Competition dubbed Mr. and Mrs. Job creator attracts students at the university, where the two best innovators and skill developers are rewarded with a brand new car.
Launching the initiative for the year 2017/18, the Chief Executive Officer for Diamond Trust Bank Varghese Thambi applauded the initiative as a key to job creation and a sure solution to unemployment, encouraging innovativeness among the students.
He singled our national initiatives like Buy Uganda Build Uganda as key to encouraging innovativeness amongst the youths, skills development and developing the local industrial sector.
He says such and other initiatives should be built right from school. Byte- Varghese Thambi
The Head of the school of Entrepreneurship and small businesses at the University Daniel Mugaru said the initiative is geared towards producing a highly competent work force, well skilled to face the challenges in the job market, as well as adding real value to national development.
Mugaru says after realizing that most institutions reward beauty of the body, at St Lawrence they chose to reward beauty of the brain, as a key to working in a competitive world of economics and survival.
He intimated that the exercise is normally held on a free and fair basis, were many competitors participate, and they end up getting more educated, skilled and encouraged in several other ways. Byte-Daniel Mugaru-
He says in the past ten years, they are yet to get many submissions in support to agribusiness, as many students concentrate on smart urban ventures that attract quick returns.
He argued the participants to innovate widely, in things like aquaculture, ICT, as well as Human resources management, transport among others. The two female and male winners will each walk away with a brand new Toyota Wish, while the runners-up will win other things like mobile phones, fridges and other valuables.
The final draw is slated for 5th May 2017 at the University.