Smile Life Insurance Company has hailed its innovation promotion partnership with Malawi University of Science and Technology (MUST) under which the firm contributed K11 Million to the most recent annual awards
MUST has been running the Vice Chancellor Innovation Awards Initiative, under which students and lecturers are honoured for their prowess in innovation
Through our partnership with MUST, with which we have been working for the past 3 to 4 years, we made a contribution of K10 million to the awards in 2021. We made the contribution as one way of promoting innovation in the country. Through our long-term partnership with MUST, we want to encourage innovation. The good thing with the initiative is that it also reaches out to non-students who have demonstrated the potential to excel in innovation.
“For instance, under the initiative, a boy from Mulanje District who once disseminated messages through his self-made radio station has had his skills sharpened and now makes big speakers. We want to promote innovation in the country, which has innovative people, including those known for inventing gadgets, among other things,” Smile Life Insurance CEO said
He added that this year, the insurance Company contributed K1 Million to the International Conference which MUST organized.
“Our goal is to contribute to the government’s goal of creating one million jobs. When people sharpen their innovation skills, they can start their own companies, the way we did with Smile Life in 2009, and employ others, thereby complementing the government’s job creation agenda,” Smile Life Insurance CEO said.
MUST Vice Chancellor Professor Address Malata has been urging people to embrace technology and innovation as the world is going digital.
The Thyolo-based academic Institution also has the Institute of Industry Research and Innovation, working with corporate sector players such as Smile Life to help students sharpen their skills