JA COMPANY OF THE YEAR COMPETITION
The
Company of the Year Competition is a program organized by the Junior
Achievement Nigeria (JAN) designed as a competitive exhibition session to
introduce students to the dynamics of sales, packaging, presentation etc as a
company. Actually this event is the climax of a sixteen week training and
practice of entrepreneurship for the JA Company Program in the various schools.
The JA Company Program (CP) is designed to practically inspire students on
entrepreneurship for the world in front of them. Thirty(30) students are selected from each school to form a
company, the students will in turn chose a business name and elect a board to
oversee the company`s affair for the next 16weeks. The officers include The
Chairman of the board (President), the Head of Production, Marketing, Finance
and Human resources. They are to start up a new company and raise capital by
sales of shares, do market due diligence after which they decide on what to
produce. After production they will decide on the market to sell their
products, they are also to pay dividends to investors and use about 10 percent
of their profit for Corporate Social Responsibility (CSR). They are to submit
their annual report and some samples of their product for the trade fair a week
before the event for judges to go through. In summary we practically expose the
students to all aspects of entrepreneurship ranging from Capitalization, to
Production, Marketing, Liquidation (exit strategy) and Corporate Social
responsibility.
The
JA Company of the Year Competition includes interactive and inspirational
sessions where the various school representatives share practical and personal
experiences on their company’s journey so far while also exhibiting creative
and properly packaged products. In July 2013, the JA Company of the Year Competition
was conducted at the regional level and winners across the regions later
converged in Lagos from 2nd – 4th October 2013 to compete
at the National level to determine the winner that will represent JAN at the JA
Africa Company of the Year Competition in Ezulwini, Swaziland December 4th
– 6th, 2013.
The
National JA Company of the Year Competition witnessed 9 (Nine) teams from Lagos,
Abuja, Portharcourt & Enugu with the support of Akintola Williams Deloitte. The
schools are:
- The Amazing Amazon Student Company – Government
Girls Secondary School, Abaji
- De-Jades Company – Model Secondary School,
Maitama
- Supernova Company – Noble Heights College, Karu
LAGOS:
- Kleptolite Company – Liberty Bells School,
Badore Ajah
- ABC Recycling Company – Fountain Heights
School, Surulere
- Creativity at Large Company – International
School Lagos
PORT-HARCOURT:
- The Brooks Company – Brookstone International
School, Igwuruta
- Young Innovative Minds Company – Government
Senior Secondary School, Elekahia
ENUGU:
- Exclusive Company – Day Secondary School,
Independent Layout
At
the end of the 2013 National JA Company of the Year Competition, The Amazing
Amazons Student Company from Government Girls Secondary School, Abaji, Federal Capital
Territory (FCT) Abuja emerged winner and will be representing Junior
Achievement Nigeria at the JA Africa Company of the Year Competition in
Ezulwini, Swaziland December 4th – 6th, 2013.
Let their success be your inspiration!
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