Deadline looms for submission of your business ideas

August 31, 2015, 9:43am



Aspiring young entrepreneurs have one week left to submit their business plans for the Bank Windhoek BizzKids Competition. The closing date for the competition is 9 September 2015.

The competition, that was established six years ago, is a platform for scholars between the ages of 8 and 16 to sell and promote their own products and services. The scholars are encouraged to enter the competition and win the opportunity to put their business savvy to the test at the Bank Windhoek BizzKids Market. The market is scheduled to take place on 23 and 24 October 2015 at the Maerua Mall Shopping Centre in Windhoek.  


“The competition deadline is close by and we urge parents and teachers to encourage children to take part in the competition as it is an opportunity for them to test their business skills and to inspire them to become entrepreneurs”, said Roelien Zwart, Communication Practitioner at Bank Windhoek.


Through the Bank Windhoek BizzKids Competition children are encouraged to take calculated business risks from a young age, think beyond traditional ways of doing business and come up with innovative ideas to create jobs for themselves and others and to contribute to the economic development of Namibia.


The winner will receive N$5 000 and N$5 000 for his/her school, while the second and third place winners will receive N$3 000 and N$2 000 respectively.


Last year, Jade Coury (14) and Cassandra Kröning (14) from Deutsche Höhere Privateschule (DHPS), traded as “2 Broke Teens”. The two entrepreneurs, who, despite their young age, impressed the judges with their business acumen and sales techniques, sold handmade Christmas and birthday cards, advent calendars for adults and children, gift boxes and gift vouchers.


The finalists of the Bank Windhoek BizzKids Competition will be announced on 24 September 2014.

If you are interested to enter the competition and want to find out more about becoming a BizzKid, you can download an entry form from the Bank Windhoek website, at Entry forms can also be obtained from all the Bank Windhoek branches and agencies countrywide.