On Saturday 28 February, ten teams from the Junior Achievement (Young Enterprise) Malta Foundation Start Up Programme will be participating in the Hyundai Challenge to be held at Smart City Malta.
During this day event, the participants will be tasked to solve a challenge set by Hyundai intended at guiding these university students towards a working investment proposal, which is the ultimate aim for The JA-YE Start Up Programme. To guide the participants throughout the day, various speakers from different business backgrounds and expertise will be sharing their knowledge on how to address the challenge by putting together a business plan.
This is yet another activity where participating students get the opportunity to learn by doing; immersing themselves in the world of business by solving a real problem in an innovative manner, all the while under the expert guidance of some of Malta's foremost business leaders.
The Hyundai Challenge will culminate in the awarding of the Brilliant Young Entrepreneur (BYE) Award at the end of the Start Up Programme in May. The winning team will be presented with €15,000 in seed funding by Hyundai together with professional mentoring for the projects actual Start-Up.
"We are proud to have such an active involvement in this event and we are especially looking forward to this forthcoming Hyundai Challenge where we will be watching the participating teams rise of to the occasion and present us with their innovative solutions. At Hyundai, innovation has become a strong pillar in its global strategy and it is innovation which we will be seeking during this event," added Francesca Mamo, Managing Director of Meridian Enterprises, representatives of Hyundai in Malta.
Such an event would not be possible without the support of local businesses, most particularly The JA-YE Start Up Programme business partners including HSBC Malta Foundation, Hyundai Malta, PricewaterhouseCoopers, ICAEW, Chartered Institute of Marketing, and TAKEOFF. the organisation would also like to extend its gratitude towards Smart City who have offered their venue in support of this initiative.
Over the last 26 years Junior Achievement (Young Enterprise) Malta Foundation, a non-profit, non-governmental organisation, has helped more than 8,700 young students savour their first taste of entrepreneurship education, financial literacy and employability skills from Primary school through to University. A number of Malta's leading business champions have gone through the JA-YE flagship programme - The HSBC Company Programme which targets 6th form students and gives them a platform to start their own company, gain entrepreneurial knowledge, skills and experience.
For more information on The JA-YE Start Up Programme please visit www.youngenterprise.org.mt or call us on 21244991