Wema Bank Plc has unveiled its Kids’ innovation challenge aimed at encouraging children. This, however, It teaches them to ideate and develops solutions in any of the areas of learning, health, games, and agriculture.
The bank disclosed that the competition would reward the top three finalists. Those who present the most creative ideas with scholarships are worth N300,000, N200,000 and N100,000.
In addition, they further announced the commencement of the innovation challenge in Lagos, the Divisional Head, Retail Business. Mr Dotun Ifebogun, said children who have Royal Kiddies account are eligible to take part in the innovation challenge. He said the Hackaholics technological challenge sponsored by the bank is for young adults to find solutions to life issues.
Therefore, the Kids’ innovation challenge is to introduce the young ones aged between seven and 12 years. This to ideate and proffer solutions to issues in learning, health, games, and agriculture. Thereafter, Ifebogun urged parents to open the Royal Kiddies account for their children to take part in the exercise. The Chief Finance Officer of the bank, Mr Tunde Mabawonku, said the bank places a high premium on innovation. And that it would continue to partner with organizations to create the environment for a better future.
Thereafter, The Founder and Chief Executive Officer, The Bulb Africa, the technical partner of the bank on the innovation challenge. Mr Wande Adams, said the programme would train the children to solve everyday problems. Adams said his company has different training modules and activities such as Nextgen. Which would teach the children in various areas of technology.
Finnally, the Head of Marketing Communication and Investors’ Relations, Wema Bank, Mrs. Funmilayo Falola, said the bank would continue to enable the technological proficiency of the youth. To help them contribute to the technological development in the country. TTherefore, to be eligible for the challenge, she said a child must have an active Royal Kiddies account with a required minimum balance of N20,000. They must also maintain an account balance of N20,000 from the launch date till end of June.