On March 23, 2017 HSBC Bank Armenia and Junior Achievement of Armenia awarded the student grants to the selected twelve student companies to implement their social projects in their respective communities.
The awards were handed by HSBC Bank CEO Mr. Paul Edgar.

"HSBC’s purpose and Junior Achievement’s Mission are very closely aligned. Many young people have the ability and ambition to succeed in business, but need support. JA Worldwide designs methods to improve youth employability by teaching practical skills in financial literacy, employability and entrepreneurship to young people worldwide. HSBC helps young people realize their potential through its global financial education program, which is delivered through Junior Achievement. The program is helping to change the financial future for many students around the world by teaching them solid financial understanding: ability to budget, generate savings, invest for their future, basics of money, earning, spending, saving, investing and donating, as well as businesses they can start and jobs they can perform. The program enables students to build their confidence and decision making , and helps raise aspirations.

As such, HSBC is pleased to support Junior Achievement of Armenia and it is an honour to take part in Grant Awarding Ceremony and delivering awards to representatives of student companies for the implementation of community projects as part of their corporate social responsibility" said Mr. Paul Edgar, HSBC Bank Armenia CEO

The award ceremony took place at the American University of Armenia, at the Alex and Marie Manoogian Hall.

The schools were each awarded a 150,000 AMD grant to implement their community projects. The description of each school project follows.

1.   Region - Shirak                                                                                                School - Basen/Musayelyan/ Secondary                                                                        The name of Students NGO - “Leaders”                                                                             Business - Fabric bags with national ornaments                                                                 Category - Social and Community                                                                           Project title - “The construction of playground andsports ground in the courtyard of the school”
Project description - Improve the school yard, to create a clean, comfortable space that will become a rest area for pupils
The project beneficiaries - students, teachers, parents, community residents.
The total cost of the project according to budget -  1 788 500AMD

2. Region - Armavir
School - Basan Secondary
The name of Students NGO -  “Young busagetner”                                  
Business - Herbal tea collection                                                          
Category - Social and Community
Project title - “An outdoor sports ground construction”
Project description - To build an outdoor playground adjacent to the school for students to make daily routine interesting.
The project beneficiaries - students and community residents
The total cost of the project according to budget - 295 000 AMD

3. Region - Ararat
School - Ararat secondary school No. 5
The name of Students NGO - “Progress”
Business - pendants made of clay
Category - Social and Community
Project title - “Establishment of “Entrepreneurship with our hands” sewing room ”
Project description - To help school pupils with special needs in terms of professional growth. These students have problems with language development, hearing impairments, mental retardation, Emotions and disorders, mental development delays. To help the students to learn sewing.
The project beneficiaries - School pupils with special needs
The total cost of the project according to budget - 280 000 AMD

4. Region - VayotsDzor
School - Arpi Primary School
The name of Students NGO - "Step Forward"
Business - Tie "Butterfly"
Category - Social and Community
Project title - “Sports Hall Renovation”
Project description - School sports hall is in poor condition, the facilities are missing, the changing rooms are not equipped with facilities.
The project beneficiaries - School pupils
The total cost of the project according to budget - 2 099 800 AMD

5. Region - `Lori
School- Primary school NO.16 of Vanadzor
The name of Students NGO - “Renaissance”
Business- boxes made of plastic wastes
Category - Children’ss rights
Project title - “Multifunctional library–the creation of reading”
Project description -Modern technology the attention of this generation, weakened their memory, detached them reading, it doesn’t give them the opportunity to think by themselves, to analyze and express something correctly. The creation of multifunctional library will allow students to watch videos, training programs to become part of the discussions. With the help of library- reading room students will receive information about the universal values and issues.
The project beneficiaries - School pupils, teachers, parents :
The total cost of the project according to budget -  1 850 000 AMD

6. Region - Kotayk
School - Jraber Secondary School
The name of Students NGO - “Arevner”
Business - candlestick
Category - hildren's rights, community’s primary issue
Project title -  “The construction of the playground”
Project description - The construction of the playground near the school:
The project beneficiaries - Village pupils
The total cost of the project according to budget - 348 500 AMD

7. Region - Aragatsotn
School #1 of Aragatsotn
The name of Students NGO - “Zartonk”
Business - Film screening
Category - social- community, children’s rights
Project title - “Establishment of the school library and its equipment with books”
Project description - To equip the school library with cupboards, tables, chairs. For decades, the school library did not have new books. All books are worn. The members of Students NGO want to furnish the library and purchase new books with the help of this program.
The total cost of the project according to budget -  1838 000 AMD

8. Region - Syunik
School- Geghanush Secondary School
The name of Students NGO -  “The Sun”
Business- Kitchen apron, holder
Category - Social, Community
Project title - “ The renovation of the reservoir”
Project description - School students want to describe the reservoir through which the clean water will be supplied to the residents. It will also be possible to prevent the occurrence of landslides.
The total cost of the project according to budget - 596 000 AMD

11. Region - Gegharkunik                                                                                          School - VardenikEduactional comple                                                                            The name of Students NGO -  “Armat"                                                                     Business - Phone cases produced with 3D printer                                                    Category - Social, community and educational                                                              Project title - “Playground for children”                                                                       Project description - There are about 1700 children living in Vardenik. There is no kindergarten and no place for children's entertainment. There is a desperate need to build a playground for the children.                                                                                                            The project beneficiaries - 1700 village children and their 850 families                                The total cost of the project according to budget -  550 000 AMD