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| HSBC Bank, Dhaka, Bangladesh |
For the sixth year in a row, the Hongkong and Shanghai banking Corporation (HSBC) Limited in Bangladesh lunched the Young Entrepreneus Challenge (YEC) 2012 - a business plan competition for undergraduate students - through a media conference held on February 7.
Aimed to promote the enterprising spirit among students across different Asia Pacific countries, the competitions starts with teams (each comprising of two to four members) submitting their business plans at the YEC website (www.asiayechallenge.com/bd) by March 7,2012. Having passed through two level of screen9ing and workshops on entrepreneurial skills and knowledge, five best teams will present their plans to a panel of experts at the Bangladesh Finale. Three bet teams at this level stand to win prize money of 75,000, 45,000 and 35,000 taka respectively.
The Champion team from Bangladesh will compete at the regional Grand Finale in June 2012. The Grand Finale of YEC 2012 will be marked by the participation of champion teams from HongKong, Malaysia, Thailand, Shanghai, Philippines, Brunei and Bangladesh.
HSBC Bangladesh CEO Andrew Tike reiterated HSBC's commitment to promote and nurture the talented youth of Bangladesh through harnessing creative ideas and providing real-life exposure to its future entrepreneurs. "I am confident that we will see a flurry of innovative business ideas from Bangladeshi teams, and the legacy of Bangladesh's success at the regional Grand Finale will continue," he add.
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