YOUTHS, do you want to unleash your entrepreneurial potential?
Then, come participate in the ‘Youth Entrepreneurship Challenge’ (YEC) organised by the Penang Youth Development Corporation (PYDC).
The third edition of the challenge is being jointly organised by the Penang Chinese Chamber of Commerce of Commerce Young Entrepreneur Session (PCCC YES), Malaysia Indian Chamber of Commerce Industry, Penang (MICCI) and Malay Businessmen and Industrialists Association of Malaysia (Perdasama).
State Youth and Sports Committee chairman Soon Lip Chee said the state government emphasises the importance of innovation and job creation during the launch of the programme today.
“We want to see more successful young entrepreneurs in Penang who can contribute to the economic growth.
“As the state exco for youth, I would like to urge the young people to come forth and take part in the programme. You have to take your first step,” said Soon.
Soon also said the programme would feature a series of workshops which include the Penang Island City Council (MBPP) Licensing talk on June 4.
“We are collaborating with the local council to assist our young entrepreneurs with the do’s and don’ts regarding their business registration and to equip them with some tips.
“So, for this year, we hope more groups will take part in YEC,” he added.
Meanwhile, PYDC general manager Dr Gwee Sai Ling said the PYDC has also initiated the Start-up Accelerator Programme to help the young entrepreneurs take their business ideas to the next level.
Also present was, last year’s YEC participant Tay Wan Nee who won the second place in the competition. She shared her success story at the launch.
“The YEC will help the youths to put their ideas into action. Thus, I would like to encourage them to take up the challenge,” she said.
The registration for the YEC starts from today until May 15 for youths aged 16 to 35 years old who are currently studying, working, or staying in Penang.
All participants have to form up a team of two to five people for the competition. Last year a total of 40 teams participated in the programme.
The entry fee is RM100 per team and the submission deadline for the business plan report is June 6. The announcement of the top 10 finalists will be made on June 28.
There will be two consultation sessions, on July 1 and July 15, to help the finalists prepare for the final round of the competition on July 16.
To register, please visit https://pydc.com.my/yec2022.
Story by Tanushalini Moroter
Pix by Law Suun Ting