Wema Bank Plc has launched its Kids’ innovation challenge, a competition that would reward the top three finalists who present the most creative and innovative ideas with scholarships worth N300,000, N200,000 and N100,000.
According to the bank, the Kids’ innovation challenge is to introduce the young ones aged between seven and 12 years to ideate and proffer solutions to issues in learning, health, games, and agriculture.
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 organisations to create the environment for a better future.
While speaking on the importance of introducing the children to the world of innovation to get them to realise their creative potential, he said, “We live in a dynamic world where technological advancement changes the way business is done from time to time.”
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.
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, and must also maintain an account balance of N20,000 from the launch date till end of June.