Entrepeneurism should be Mandatory, Launch of BEF $20 Challenge 2016
by AirBourne / October 10th, 2016
The Barbados Entrepreneurship Foundation is determined for the 20 Dollar Challenge to be adopted into the curricula of all schools across the island as a means of improving academic performance and to reduce any potential to delinquency or worse…
At the launch for this year’s challenge, it was noted how the Codrington school embraced the project as part of what they teach their students from its inception, Co-founder Keith Miller who publishes the iconic In’s & Out’s of Barbados annual magazine and is a key organiser in Barbados’ many victories at the Chelsea Flower Show says the Challenge removes theory and places students in a practical arena without leaving the nurturing cocoon of a school environment.
It was noted for this year’s challenge, the Barbados Industrial and Development Corporation assisted with providing a training manual based on reports from previous years by students who undertook the drive.
The BEF Co-founder added if more private sector firms would facilitate the 20 dollar challenge like Scotiabank and Flow, then the programme would probably draw full-time support from Government as well…
This as Barbados’ leading telecoms provider is ready once again to continue their support for the 20 Dollar Challenge – where students are loaned 20 dollars and have 6 weeks to develop it into a profit, part of that profit going into a charity donation.
General Manager of Flow Barbados, Niall Sheehy, observed Barbados wins either way from the annual youth initiative, where the competitors learn how to create their own jobs while winners also have a chance to assist in developing the telecommunications industry since an internship with Flow is part of the prizes offered to winners.
The goal of the BEF is to see Barbados become an entrepreneurial hub by the year 2020, another goal was to achieve 100% Wi-Fi penetration for the country by November 2011 when it was under the stewardship of Peter Boos.