The Grenada Electricity Services Ltd. has donated $30, 000 to the Junior Achievement (JA) programme to become a major sponsor of the programme this year.
THE NEW TODAY understands that the money would be used to finance a portion of JA operations, which is dedicated to educating secondary school students about the value of free enterprise, business and economics through a variety of programmes and activities including training for participants.
Grenlec has been a contributor to the JA programme since its inception in 1986.
Electrical Engineer at Grenlec, Samantha Hossle made a symbolic presentation of the donated funds to Chairman of the JA Board of Directors, Bernard Antoine during a brief handing over ceremony last week Tuesday at the conference room of the Grenada Chamber of Industry and Commerce (GCIC) at Frequente, St. George.
“We are honoured to be associated with the Junior Achievement Programme, which helps students develop managerial skills, business skills and build self confidence,” Hossle said.
JA programmes are administered in countries of the Americas under an umbrella organisation known as JA Worldwide – a non-profit, non-Governmental organisation.
It operates locally as a project of the GCIC, bringing financial literacy, work readiness, and entrepreneurship programmes into classrooms.
A total of 18 out of the 23 schools on the island have registered to participate in this year’s programme.
JA Programme Coordinator, Jessie Cumberbatch told THE NEW TODAY in a telephone interview last week Thursday, that the schools are currently “in the process of brainstorming ideas to form their companies.”
According to Cumberbatch, JA companies operate by themselves and generate capital by “selling shares.”
The 2016 JA activity, which commenced in the beginning of October, is expected to culminate with an awards ceremony in May 2017.
Cumberbatch said companies will be judged in three categories – Business Plan, Trade Fair and Annual Report Presentation.
Antoine, who attributed to the success of the programme over the years through sponsorship from private sector companies like Grenlec, used the opportunity to solicit more sponsors to come on board.
“There (is) room for more sponsors and volunteers,” he said.
The JA project involves over 300 secondary school students annually.