By Stanley Simon
The JA Africa Company of the Year (COY) Competition, the largest high school entrepreneurship competition returns for the 12th year in a row and first in-person meeting post-COVID, after two successful virtual competitions.
According to the organisers, Lagos, Nigeria, will take centre stage for this competition from December 7th to 9th under the theme, “Fuelling Change Makers.”
They explained that COY is JA Africa’s annual celebration of winning teams from the JA Company Program, a program which equips senior secondary school level students with the entrepreneurial skillset and mind-set to solve problems in their communities by launching a business venture and unleashing their entrepreneurial spirit.
The young entrepreneurs who compete at the JA Africa’s COY go through qualifying competitions at national and sub national levels, competing against thousands of youth startups to qualify for the regional competition.
Given the increasingly complex set of global challenges facing young people around the world from unemployment to climate change and food shortage, we focus on equipping our students to be solution providers…
This program transitions them into employment and transforms them into employers. Having emerged as national winners, they will represent their countries on the continental stage where they have the arduous task to impress a panel of international business professionals who serve as judges.
Commenting, JA Africa’s Chief Executive Officer, Simi Nwogugu, said: “Given the increasingly complex set of global challenges facing young people around the world from unemployment to climate change and food shortage, we focus on equipping our students to be solution providers who bring about positive change within their communities while developing businesses that generate wealth.
“Our students have demonstrated great resilience and innovation in grappling with these challenges and I am extremely proud of all of them. I am also deeply grateful to all our sponsors who stayed with us throughout the pandemic period and contributed greatly towards making this a live event again.”
This year, nine student startups representing Eswatini, Kenya, Ghana, Nigeria, South Africa, Tanzania, Uganda, Zambia and Zimbabwe, will put their business acumen to the test as they present the achievements of their businesses in numerous formats to win the prestigious title of JA Company of the Year, and other prizes from the sponsors.
The highest among the prizes is the opportunity to represent the Africa region at the Ralph de la Vega Global Entrepreneurship Competition, which will bring together COY winners from the six regions where JA Worldwide operates to compete for awards, $15,000, educational opportunities, and more.
The 2022 JA Africa COY Competition is made possible by the generous support of headline sponsors: FedEx, Citi Foundation and PMIEF; Platinum sponsors: Bloomberg, Johnson & Johnson, Delta Air Lines and FirstBank Nigeria; Gold sponsors: Tomorrow Foundation, Nascon, GB Foods and Rise.
Their support demonstrates their commitment to job creation and youth empowerment on the African continent.
