INVESTING in young minds project (I.Y.M), one of Students in Free Enterprise, University of Zululand (SIFE Unizulu) successful projects conducted its awesome business plan competition, on the 21st August 2009, at Unizulu student centre hall. This competition was conducted to encourage and empower entrepreneurship to youth at an early age. The competition drew attention of local high schools to take up the challenge. How, ever students who are also studying in the very same institution never let the golden opportunity pass by, hence they tabled their creativity in ink and paper.
Ongoye High, KwaDlangezwa high, Qhakaza high, Aquadene high and few Unizulu students took the podium to table their business plans. The competition was sponsored by Nedbank and Capitec. This sponsors worked had in ensuring provision of advice for future business women and men of South Africa. Participants battled for amount of R1000, which was up for grab. Whole process started accordingly, as participants initially commenced with great verve and vitality intending to walk away with the tabled prize.
As the competition unfolded, Dlangezwa high proved to have convinced judges and to have a more bankable business plan. Their business plan branded Siyabangena mobile yielded them amount of R1000 prize from the I.Y.M project. Dlangezwa high pupils that were gleaming joy fell their heads on heel as they were announced number one of the competition.
RCL chairperson, head girl and prefect Londiwe Dinga of DHS who was floating in the 9th cloud said, “We really appreciate the dedication of our principal for working in collaboration with us to make our business plan a success”. “I so wish that this business plan comes to reality and be recognized nationally and even internationally if possible”, said Dinga with the huge smile in her face.
I.Y.M, which is the branch of SIFE Unizulu, is the first project to make hands dirty this semester by conducting this program. Zamo Mbele, the project co – ordinator for I.Y.M said, “The competition was very prosperous with much creativity from our participants” Mbele continued on saying that, “We aim to increase participants and sponsors in our next competition, which will be probably conducted next year”. “I am very pleased with fairness and truthfulness of our judges, towards selecting position one of the competition”, said Mbele who was busy clearing every thing up as he was part of organizing team for the competition.
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