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American Savings Bank Awards Over $145,000 to Winners of KeikiCo Business Plan Competition
December 23, 2023

Fellows mentioned in this story: Ann Teranishi

From Maui Now:

Student entrepreneurs across the state presented their best ideas in American Savings Bank’s 6th annual Bank for Education KeikiCo Business Plan Competition. From a sustainable waste management system to a mental health app for parents and kids to stay in touch, over 100 teams submitted game-changing ideas, developed valuable business skills and received a chance to win up to $25,000 for their school.

“Every year, KeikiCo participants impress us with their creativity, innovation and entrepreneurial spirit – qualities that are key to diversifying Hawaii’s economy” said Ann Teranishi, president and CEO at ASB. “This year, we were inspired by the students who presented ideas to help those on Maui recover from the devastating wildfires. American Savings Bank is proud to support these young leaders and entrepreneurs with mentorship and financial education resources.”

Students formed teams of up to five members and created business plans and video pitches that were reviewed by judges from the business community. First-place teams in each division won $25,000 for their school and each member of the winning team also received an individual cash bonus of up to $500. The public was also invited to vote for their favorite team, with the top three teams in each division receiving the People’s Choice award.

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