Category Archives: Funding

HSBC Funds JA South Africa for a Seventh Consecutive Year to Inspire and Educate Youth in Schools

HSBC has, for the seventh consecutive year partnered with Junior Achievement South Africa to support the in-school facilitation of the More Than Money programme in primary schools. In addition to the financial HSBC T-Shirtpartnership, HSBC employee volunteers are trained at the commencement of the programme to facilitate a guide learners through the  More Than Money community and business game. The volunteers, armed with an understanding of the principles of the board game visit schools with the likes of; Sandtonview School, Abdullah Bin Salaam Islamic School, Bonwelong Primary and Dr Knak Primary School where they facilitate classroom sessions with grade 5-7 learners using the board game to teach principles of earning, spending, sharing, and saving money.

The programme emphasises social studies content while providing a strong focus on mathematics, reading, and writing skills. The More than Money experience enhances learners’ classroom curriculum. Learners are encouraged to use innovative thinking to learn money-management skills that support positive attitudes towards money.

HSBC Volunteer

HSBC MTM

Through a variety of hands-on activities, learners develop a better understanding of the relationship between what they learn at school and their successful participation in a worldwide economy.

Annually an independent assessment of the programme is conducted. In South Africa, learners understanding of money management is improved substantially. Also, they are now deem entrepreneurship as a viable career path and are seen to be more committed to school.

 

 

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MasterCard Continues to Invest in Entrepreneurship: Sponsors 520 Learners

R1 million donation equips South African learners with knowledge and skills to start up a business

 Johannesburg, 12 June 2014 Five hundred and twenty learners from 14schools in seven provinces are participating in the 2014 Junior Achievement (JA) South Africa Mini Enterprise Programme, thanks to a R1 million donation from MasterCard.  This is the fourth consecutive year that MasterCard has supported the globally-recognised JA South Africa programme, which fosters entrepreneurship among South Africa’s youth.

JA South Africa is the local chapter of Junior Achievement, a global non-profit organisation that partners with business communities, educators and volunteers to develop much-needed entrepreneurial skills that prepare learners for the working world after high school.

The Grade 10 and 11 learners participating in the 15-week Mini Enterprise Programme are predominantly female and attend a weekly three-hour class after school. During these sessions, learners are taught workplace readiness as well as entrepreneurial and financial literacy skills.

Youth unemployment in South Africa is one of the highest in the world. According to Stats SA’s Quarter 1 2014 Quarterly Labour Force Survey, 36 percent of all young people under the age of 34 are unemployed, and those that are working are more likely to be employed in precarious conditions.

“This programme will equip these young learners with the skills that they will need to launch their own businesses, so that they in turn can employ others,” said Linda McClure, MD of JA South Africa. “A project like this will help break the cycle of unemployment faced by school leavers that threatens the future of South Africa’s youth, and will promote job creation, which is one of government’s top priorities.”

Facilitated by JA South Africa-trained facilitators, the programme is divided into theory and practical sessions. The learners will initially focus on business theory, including accounting, cash flow and marketing. They will then gain practical business experience by developing a product or service of their choice in response to their own market research, and will then market the product to their community.

Through the programme, learners also gain important interpersonal skills and confidence, which are required in the work environment. MasterCard volunteers will also be invited to share their business experience and advice with the learners to further inspire them

“Over the past four years that we have supported JA South Africa, over 1,000 learners have participated in the various entrepreneurship programmes, and most of them are young women, ” says Philip Panaino, Division President, MasterCard, South Africa.

“South Africa has come a long way in giving women access to education and regular employment opportunities, which are essential building blocks to further empowerment, financial independence and leadership. This programme addresses all of these building blocks in its course content, and we look forward to welcoming these learners into the business world when they emerge as successful entrepreneurs.

Learners from Bophelong Secondary school show off their products

Learners from Bophelong Secondary school show off their products

The donation from MasterCard has made it possible for these schools to participate in the 2014 Mini Enterprise Programme:

  • Gauteng – McAuley House, Dawnview High School, Bophelong Secondary School
  • Limpopo – Motse Maria Secondary School
  • North West Province – Herman Thebe High School
  • KwaZulu Natal – Ridge Park College, Sisebenzile Secondary School, Northmead Secondary School
  • Western Cape – Kensington Senior Secondary School, Villiersdorp Secondary School, Joe Slovo High School, Aloe Secondary School
  • Eastern Cape – Khulani Commercial High School
  • Northern Cape – Homevale Senior Secondary School

“MasterCard is committed to furthering financial inclusion through the power of entrepreneurship as it ensures that people have an opportunity to achieve their full potential. We chose to support these learners as we have identified that nurturing entrepreneurship – particularly among women – is a postive way to address South Africa’s current high level of unemployment. Ultimately the programmes will assist each learner in achieving positive economic outcomes for themselves, their families and their communities,” says Panaino.

UPS Assists Gauteng Learners

UPS is currently funding six Be Entrepreneurial Programmes for Grade 9 learners in Gauteng. Schools participating the BE programmes are Bophelong Community School, Dawnview High School, McAuley House, Meyerton High School, Sandtonview Combined and Thembisa High School.

During the four day Be Entrepreneurial programme, learners are introduced to the business world through interactive games; through these games learners are taught how to compile a business plan, they learn about competitive advantage, ethics, financing, product development and social responsibility.

In total 267 learners will benefit from UPS’s generous contribution. “This is the second year that UPS has funded JA South Africa programmes, their contribution to South Africa’s youth is highly appreciated and the impact that their funding has on the communities these schools are in is clearly visible.” Said Linda McClure, Managing Director of JA South Africa.

JASA to win in Sunshine Tour Media Challenge

The 2013 Sunshine Tour Media Challenge will be hosted at The Els Club Copperleaf for the third year on Monday 14 October. 40 members of the media will take on 40 Sunshine Tour professionals at match play with the R5 000 at stake in each match going to charity.

In addition, the media and professionals will be competing for the Khan-Winter trophy. This trophy is named after two of South Africa’s veteran golf writers Iqbal Khan of the Daily News, KwaZulu-Natal, and Grant Winter of the Star, Johannesburg.

The R200 000 stake in the Sunshine Tour Media Challenge has been sponsored by Investec. If a match is won by the member of the media, the R5 000 will go to the Independent Schools Association of Southern Africa (ISASA) Maths and English Programme. In partnership with the Department of Basic Education, the programme aims to develop high quality teachers of Mathematics, Science and English through a school-based training model located in ISASA schools. In the end, the goal is to broaden the pool of quality teachers.

If a match is won by a Sunshine Tour professional, the R5 000 will go to Junior Achievement South Africa. JASA is a nationwide, non-profit organisation that offers experiential entrepreneurial business, financial literacy and workplace readiness programmes for young people. JASA is a member of Junior Achievement Worldwide, one of the largest business education organisations in the world, operating in over 120 countries globally, including 17 in Africa.

The Sunshine Tour Media Challenge started in 2011, and the professionals won 45 of the 50 matches. Things were a bit closer last year, when the professionals pulled off a closer victory, this time by 32.5 matches to 17.5.

The professionals will have to play the four par-fives on the tough Els Club Copperleaf layout as par-fours, which means the amateurs will have their handicaps as well as four more strokes at their disposal.

Investec's Setlogani Manchidi showing off the Sunshine Tour Media Challenge Trophy

Investec’s Setlogani Manchidi showing off the Sunshine Tour Media Challenge Trophy

New Experiential Entrepreneurial Programme Material Launched

 

Junior Achievement South Africa has announced the launch of its new interactive, picture based programme material ensuring that its programmes continue to take the lead in experiential enterprise education in South Africa.

Junior Achievement South Africa (JASA) identified the need to enhance and improve their programme material to ensure that the material remains exciting, interactive and learner driven.  The main objective of the improvement was to create interesting learning material for learners through picture based activities that could support existing programme material and improve the understanding of important business concepts.

JASA contracted Trainiac, to develop the new material, a company specialising in visually mapping learning content and crafting discovery-based activities which facilitate faster learning and higher content retention and application.  After several months of research and development, Trainiac presented a programme kit for the Mini Enterprise and Entrepreneurship Academy Programmes consisting of:

1. An interactive map representing two entrepreneurial environments:

a. A Junior Achievement mini-company running in a school environment and

b. A properly functioning production business in a real-world environment.

These environments illustrate the various functions of several business processes in both a JA mini-company and an actual production business. Eg. different management positions and their roles and responsibilities, various ways of acquiring start-up capital and methods of product quality control.

2.            A game board and activity cards used in a variety of interactive learn-by-doing activities, including a  card based business simulation.Hulwazi Learners Exploring the New Material

The new material is currently being piloted at a Mini Enterprise Programme at Hulwazi Secondary School in Daveyton, funded by Spar South Rand.  The pilot phase has been extremely successful and feedback from both learners and facilitators has been excellent! The learners have been eager to participate and the interactive material has ensured that they have enjoyed their programme sessions immensely.  Upon completion of the pilot phase, all of JASA’s 2014 Entrepreneurship Academy and Mini Enterprise Programmes will incorporate the new material.

“By providing for our learning material to be even more interactive, not only are we ensuring that we utlitise maximum experiential learning methods in our programmes, we are hoping this will assist in a planned move towards the development of a digital learning platform, which will allow us to scale up and reach learners in deep rural areas where physical programme facilitation is not always possible or practical.”  Noted Linda McClure.

Young Entrepreneurs Show Promise

The Youth Enterprise Development (YED) Programme, funded by the DG Murray Trust, and the ITS TYME Programme, funded by Absa, were launched by Junior Achievement South Africa last year, to try to alleviate the high rate of youth unemployment in South Africa.   Both programmes focus on  teaching unemployed youth between the ages of 18 and 35 how to start and run their own sustainable businesses. 

Since the start of the YED Programme midway through 2012, JASA has carefully monitored and mentored the small business owners that have completed the programme. During the mentorship phase, JASA has seen some astounding outcomes of the programme, through the successful, sustainable businesses that have flourished in the past six months. We have decided to feature two of the many successful businesses that have resulted from the out of school programmes. 

Nolubabalo Madudela, 33

Nolubabalo was already a business owner when she began the Youth Enterprise Development Programme, funded by the DG Murray Trust, at the NYDA office in Cape Town in August 2012.  She started selling fish and chips from her house in 2007 when she couldn’t find a job, but joined the programme because she wanted to learn how to grow her business into a sustainable, functional enterprise. 

During the programme she realised that she needed to  include additional products to ensure that she had enough of a selection to grow her target market and decided to add fat cakes to her menu, which increased the demand for her products.  Nolubabalo had one stall when she started the programme, but the demand for her products has grown so much in the past six months, that she has added a second stall at a busy location.  Nolubabalo’s business NS Mini Tuckshop also employs three people; two to assist with the preparation of the food and an additional lady to run the new stall.  Nolubabalo notes that she has experienced some challenges but that her ability to adapt and learn has helped her create a successful, sustainable business.

Sarah Dube, 33

Sarah Dube started her small health food business, called Go Vegan, during the Youth Enterprise Development Programme, funded by the DG Murray Trust, at the NYDA office in Cape Town in August 2012. She had previously tried her hand at selling whole-wheat fat cakes but did not have the know how to further develop her business.  During the programme, Go Vegan began by selling pies and samoosas, on foot, in areas with heavy foot traffic. 

Sarah’s business has grown dramatically in the past six months and she has added a variety of muffins, cakes, sesame bars and health cakes to her menu.  Go Vegan not only has a strong individual customer base but Sarah is now supplying a bed and breakfast establishment, a hair salon and three colleges with baked goods. Sarah is pleased with her progress thus far and she has big dreams for Go Vegan.  Sarah currently has no transport and she has to carry her stock as she delivers to her customers.  Her next goal is to open her own shop and employ someone to help her bake and prepare her orders for the next day.

 

Young Unemployed Youth Receive Experiential Skills Development Training

Junior Achievement South Africa and Absa have joined forces to combat South Africa’s soaring youth unemployment figures by equipping young, aspiring entrepreneurs with the skills and experience needed to build sustainable, successful businesses.

JOHANNESBURG, APR 19, 2013 – Junior Achievement South Africa (JASA) launched their Immersion Training Strategy: Targeting Young Marginalised Youth (ITS TYME) programme in January this year.  Absa has generously committed to funding the ITS TYME programmes in South Africa, Kenya, Tanzania and Zambia – reaching 4,050 unemployed youth from across the African continent over three years.

The ITS TYME programme is an intensive three to four month programme during which students meet once or twice a week for three hours.  ITS TYME is an incubator style entrepreneurship skills programme for out of school youth between the ages of 18 and 35 and is aimed at addressing the vast unemployment challenge facing young people in South Africa. The project also includes traditional workplace readiness skills, life skills, financial literacy and banking and saving.

All of JASA’s programmes involve real hands-on, experiential learning.  Participants form small businesses, elect managers, complete market research to determine a product or service that will sell in their community, manufacture the product and finally share in the profits. In so doing, they learn how to start and run their own business in a practical way.  The ITS TYME programme follows the same methodology, ensuring that students experience hands-on learning.  “JASA’s 33 years’ of experience running experiential programmes in the in-school market have provided a strong foundation in entrepreneurial education from which to expand into the out of school market.” Noted Linda McClure, JASA’s Managing Director.

ITS TYME programmes are already underway in Eersterus, Ivory Park, Kagiso, Khutsong, Heidelburg, Soweto and Thokoza and programmes are also planned in Tembisa, Rustenburg and Duduza in the near future.  Interest in the programme has been excellent in some areas, for example, in Khutsong there are already 45 students attending the programme and each week there are additional students wanting to join.

In total there are 17 ITS TYME programmes planned for the year, predominantly in Gauteng. Provision has also been made to run programmes in the Western Cape and North West Provinces.  The programme intends to reach 600 unemployed youth this year and JASA has partnered with several youth organisations including Siyafunda CTC, Khulisa Social Services, National Youth Development Agency (NYDA), Youth Making a Difference (YMAD), Seed Container Park (SECOPA) and the Kagiso Multipurpose Community Centre (MCC) to ensure that we reach this goal.   These organisations are in regular contact with unemployed youth throughout the country and these partnerships will ensure that the ITS TYME programme reaches the youth that have the greatest need.

“Although the out of school market is a challenging market in which to work, the need for this programme most definitely outweighs the risk.  Junior Achievement’s main purpose is to shape young entrepreneurs and to nurture entrepreneurial thinking, and we believe we are perfectly positioned to make a positive impact on the lives of unemployed youth in South Africa.” Concluded Linda McClure.