Three student-owned companies win Debswana Entrepreneurship Challenge

Debswana Entreprenuership Challenge participants and attendees.PIC.KENNEDY RAMOKONE
Debswana Entreprenuership Challenge participants and attendees.PIC.KENNEDY RAMOKONE

On Saturday, 18 student-owned companies from four universities in Botswana presented their business concepts before a panel of judges and audiences where only three managed to win the monetary prizes to scale their ideas.

The four are Botho University, University of Botswana (UB), Botswana Accountancy College (BAC), and Botswana International University of Science and Technology (BIUST). After blowing the judges away with their splendid pitch, Maru Farms walked away with P50,000 while Lenko Scents scooped P30,000 as they won second place, and Columba scooped the third position winning P20,000. The Entrepreneurship Challenge theme was 'Motho o kgona go rutiwa bogwebi'. The winning team's award includes preliminary entrepreneurship development and mentorship.

The Entrepreneurship Challenge is one of Debswana's Entrepreneurship and Enterprise Development Programme's (EEDP) initiatives. According to Debswana Finance Performance Analyst, Onneile Maripe, the challenge was a way of introducing real and practical ways of developing an entrepreneurial mindset, personal development, and elite business acumen in learners of higher education. She added that through Debswana's partnership with TheNeoHub innovation lab, the Entrepreneurship Challenge acquired higher education learners with a balanced blend of first-in-class entrepreneurial skills and a successful mindset to create ideas and subsequently test their problem-solving adequacy. She further explained that Debswana's focus on making life brilliant for all Batswana is a strategic imperative that is driven by entrepreneurial activity, mindset change, collaboration and partnerships.

Editor's Comment
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