Philanthropist Rolls Out Multi-million Naira Business Competition, Targets Secondary Schools

In an effort to encourage entrepreneurship among secondary school students, a humanitarian and philanthropist, Barr. Orby Venessa Agwuncha has rolled out a multi-million national business competition which offers wide range of opportunities for participating schools.

Tagged Bossladylaw Business Challenge, the scheme apart from offering those opportunities to pursue entrepreneurship also awards multi million Naira cash scholarship prizes and education tour outside Nigeria.

The Bossladylaw Business Challenge (BBC) 2023 is starting with Anambra State and is open for all secondary schools in the state.

There is also provision for community team of four students while a category has been created for special needs schools.

Each participating school is expected to come up with one business idea which must include the four business components, which include identification of problem/opportunity, solution or improvement the idea provides, creation of prototype to represent the idea and establishment of target consumer or market.

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Schools wishing to take advantage of this opportunity are advised to submit their proposals in PDF format at a date not later than May 6.

Knockout stage for the competition will start May 16.

Teams will be invited to pitch their ideas to a panel of judges using a PowerPoint presentation. Each team will have ten minutes to present their ideas and five minutes for questions and answers with the judges.

The judges will base their rating on the four business components.

The two best teams from the six education zones in Anambra will advance to the finals, which will be a 3-day entrepreneurship summit and they will have opportunity to showcase their business project.

Award ceremony will hold May 26 and the best four teams will have opportunity to pitch their ideas for the last time

Awards include, top best 3 teams from conventional schools, top best 3 teams from the special needs schools, best mentors, best prototype, best online vote and many in-kind Awards from the sponsor, Bossladylaw.