Fellows mentioned in this story: Ann Teranishi
From Maui Now:
American Savings Bank awarded $135,000 to nine winning student teams as part of its seventh annual Bank for Education KeikiCo Business Plan Competition. Students in grades 3 through 12 submitted business plans for ideas that support Hawaiʻi’s resilience and growth, including sustainable bedding for the homeless and a device that prevents dehydration.
“American Savings Bank is proud to support Hawaiʻi’s youngest entrepreneurs with mentorship and financial education,” said Ann Teranishi, president and CEO at ASB. “Year after year, KeikiCo participants continue to impress us with their creativity, drive and passion for making Hawaiʻi a better place. This year, we saw an inspiring increase in sustainability-driven ideas and community-focused solutions that will help build a stronger, more vibrant future for generations to come.”
Students formed teams of up to five members and crafted business plans and video pitches that were reviewed by judges. First-place teams in the high school, middle school and elementary school divisions won $25,000 each, with each team member receiving up to a $500 individual cash bonus. The public also voted for their favorite teams, with the top three in each division receiving the People’s Choice award and $5,000.
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