Interswitch has announced the commencement of the sixth edition of the annual National Science Competition, InterswitchSPAK, in Nigeria with a significant boost in prize monies and added incentives for more participants, as the company doubles-down on its long-term support for STEM advancement across Africa. The competition, a Corporate Social Responsibility (CSR) initiative of the Interswitch Group, now in its 6th edition in Nigeria aims to foster interest in Science, Technology, Engineering, and Mathematics (STEM) subjects among senior secondary school students across the country. 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 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 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 will offer cash rewards to the top 27 contributing teachers. Interswitch will also purchase JAMB e-PINS for the top 200 preliminary qualifiers to enable them to 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 6th 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 five 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 at 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.