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Now in its 6th edition in Nigeria, InterswitchSPAK, a flagship Corporate Social Responsibility (CSR) initiative of the Interswitch Group, continues to inspire interest in Science, Technology, Engineering, and Mathematics (STEM) subjects among Senior Secondary School students across Africa.

This year, the competition recorded an unprecedented participation, with a total of over 16,000 registered students and subsequently, about 11,500 students who sat for the prequalifying examination.

From the pre-qualifying examination, the 500 top-performing students have emerged.

As the competition advances to the next stage, 81 participants will proceed to the semi-finals of the competition which will be broadcast on national television. These talented students will vie for the prestigious title of Nigeria’s Best STEM Student.

Furthermore, in a bid to further promote academic excellence, Interswitch has significantly increased the prize pool for this edition.

The total prize pool now stands at over 30 million Naira, representing a 140% increase from the previous 12.5 million Naira, reinforcing Interswitch’s commitment to educational development.

Reflecting on this year’s competition, Cherry Eromosele, executive vice president & Group Chief Marketing and Communications Officer at Interswitch Group said:

“We are thrilled to announce the successful conclusion of the pre-qualifying examinations for the 6th edition of InterswitchSPAK. With over 16,000 registered students and more than 11,500 participating in the exams, this year’s competition has seen remarkable engagement. The significant increase in our prize pool to over 30 million Naira underscores our unwavering commitment to nurturing STEM talents across Nigeria. By recognizing and rewarding the brilliance of our young minds, we are not just investing in their futures but also in the future of STEM education in Africa. We eagerly anticipate the next stages of the competition and are excited to see the innovative and inspiring solutions our students will bring forward.”

The first prize winner will receive N15 million tertiary scholarship spread over five years, a laptop, and monthly stipends.

The second-place winner gets N10 million spread over three years and a laptop, while the third-place winner will get N5 million for one year.

In addition to the top three prizes, cash rewards are also available for participants who secure 4th to 9th positions. In addition, the top 18 semi-finalists will also receive cash prizes.

The competition will also recognise and offer cash rewards to the top 27 contributing teachers.

Interswitch will also provide JAMB e-PINS for the top 200 preliminary qualifiers to register for the Joint Admissions and Matriculation Board (JAMB) examinations free of charge.

The TV broadcast of the competition is set to commence airing on Sunday, October 27, 2024. Audiences are encouraged to follow the company’s social media platforms @InterswitchSPAK for more information.

The previous edition saw Abraham Daramola from Hallmark Secondary School, Ondo State, emerge as the winner, with Emmanuel Omoegbeleghan from The Crescent International School, Ogun State, and Emmanuel Angelo-Hyuwa from The Ambassadors College, Ogun State, securing the second and third positions, respectively.

The competition, a Corporate Social Responsibility (CSR) initiative of the Interswitch Group, now in its 6th edition in Nigeria (and 5th edition in Kenya, where it also runs) aims to foster interest in Science, Technology, Engineering, and Mathematics (STEM) subjects among senior secondary school students across the country.

Schools in Nigeria can now register up to twenty (20) SS2 Science Students each, marking an unprecedented scale of participation.

Registration for students will be open until May 10th, 2024, and it is free of charge to all applicants.

The qualifying examination is conducted entirely online, allowing candidates to take it from the comfort of their school, home, or any convenient location.

The Computer Based Test (CBT) exams are scheduled to hold from Tuesday, May 14th, to Saturday, May 18th, 2024, from 8 am to 6 pm daily. Participants have the flexibility to choose the most suitable day, time, and venue for their exam, with two trials available.

Following the online qualifying examination, the top 81 students will proceed to the semi-finals and finals to compete for the coveted title of Nigeria’s Best STEM Student.

This year’s edition, with a prize pool of over 30 million Naira, marks a 140% increase from the erstwhile 12.5 million Naira in prize winnings, demonstrating Interswitch’s unflinching commitment to educational development by doubling cash prizes for winners.

The first prize winner will receive N15 million tertiary scholarship spread over 5 years, a laptop, and monthly stipends.

The second-place winner gets N10 million spread over 3 years and a laptop, while the third-place winner will get N5 million for 1 year.

In addition to the top three prizes, cash rewards are also available for the participants who secure the 4th to 9th positions. Furthermore, the top 18 semi-finalists will also receive cash prizes.

The competition also recognizes the contributions of teachers and offers cash rewards for the top 27 contributing teachers.

Interswitch will also purchase JAMB e-PINS for the top 200 preliminary qualifiers to enable them register for the Joint Admissions and Matriculation Board (JAMB) examinations free of charge.

Speaking on this year’s edition of the competition, Cherry Eromosele, executive vice president & Group Chief Marketing and Communications Officer at Interswitch Group said:

“We are excited to kick off another edition of InterswitchSPAK, the 6^th in the series in Nigeria, and this year promises to be bigger and better than ever before. By doubling the prize pool and expanding opportunities, we are not only investing in the winners but also in the entire ecosystem of STEM education. We are thrilled to see the impact this initiative has had over the last 5 editions and look forward to witnessing the brilliance and innovation of Nigeria’s young minds in this year’s competition”.

The last edition saw Abraham Daramola, a student of Hallmark Secondary School, Ondo State, emerge as the winner, while the duo of Emmanuel Omoegbeleghan from The Crescent International School, Ogun State, and Emmanuel Angelo-Hyuwa from The Ambassadors College, Ogun State, came second and third, respectively.

Secondary schools are hereby advised to visit the InterswitchSPAK portal to register their best science students in Senior Secondary 2 (SS2) for the competition.

All eligible students and schools are encouraged to visit the website, for more details on how to participate in the competition.

Interswitch Group, Africa’s leading integrated payments and digital commerce company, has announced the commencement of the fifth edition of its annual InterswitchSPAK National Science competition, a STEM-focused initiative targeted at young Africans.

The competition, which is open to all senior secondary school students between the ages of 14 and 17 in public and private schools in Nigeria, aims to discover and nurture young students in Science, Technology, Engineering, and Mathematics, with the goal of building a knowledge-based society and promoting sustainable development in Africa.

InterswitchSPAK provides a platform for students to showcase their academic prowess in STEM subjects and compete for various exciting prizes, including university scholarships.

During the course of the competition, contestants will be taken through various qualifying rounds, including online assessments and a national qualifying examination leading to the semi-finals stage. This will be followed by a grand finale where the finalists will compete for the ultimate prize of N7.5 million in scholarships for a five-year period, a laptop and monthly stipends.

The second-place winner will receive N4 million in scholarships for three years, a laptop and monthly stipends.

The third-place winner will in turn get N1 million in scholarships for one-year, monthly stipends and a laptop. There will also be mentoring opportunities with senior Interswitch employees, as well as other exciting prizes.

This year’s special edition will offer a prize pool of over 14 million Naira, an increase from the usual 12.5 million Naira, as the competition aims to reward more winners than ever before.

The increase in prize money will see over 100 students and teachers rewarded instead of just the top 3 winners.

Furthermore, InterswitchSPAK will also purchase JAMB e-PINS for 54 contestants to enable them to register for the Joint Admissions and Matriculation Board (JAMB) examination free of charge.

These initiatives are a testament to InterswitchSPAK’s commitment to nurturing young talents in STEM and providing them with opportunities to excel in their chosen fields.

According to Mitchell Elegbe, the Founder and Group Managing Director of Interswitch,

InterswitchSPAK is a celebration of our commitment to promoting STEM education in Africa and empowering the next generation of innovators and problem solvers. As we commence the fifth edition, we are delighted to have reached this milestone in the competition and assure Africans that more students across the continent will have access to quality STEM education through InterswitchSPAK.”

This year’s competition, being a commemorative edition, promises to be more exciting as well as educative. Over the past four editions, the competition has seen remarkable success stories of students who have emerged as winners and have gone on to make significant contributions in various STEM fields.

Speaking during the launch of this year’s edition of the National Science Competition, Cherry Eromosele, Executive Vice President, Group Marketing and Corporate Communications at Interswitch, said, “We are excited to kick off this edition of InterswitchSPAK particularly because it’s been five years of visible impact. This highlights our focus on inspiring and empowering innovative young minds to drive progress in STEM and shape the future of Africa and the world at large.”

Oladapo Ojo, Founder and Group Managing Director of JustMedia, the technical partner of the InterswitchSPAK initiative, while speaking at the press conference also said:

Working on InterswitchSPAK over the years has been an incredible journey for JustMedia. We are proud to be a part of this initiative which seeks to promote academic excellence and STEM education among secondary school students in Africa. Our team has been fully committed to providing technical support to ensure the success of the competition and we are excited and looking forward to the fifth edition of this laudable project.”

InterswitchSPAK was birthed as a platform to engage and empower young Nigerians to become future leaders of innovation and the initiative’s consistency over the years is a demonstration of Interswitch’s commitment to its vision of promoting STEM education in Africa. The company believes that by nurturing young students in STEM subjects, it can contribute to building a sustainable and prosperous future for Africa.

InterswitchSPAK 5.0 Entry:

All eligible students and schools are encouraged to visit the website for more details about participating in the competition, as this year’s search for the best STEM student begins.