Millennial Entrepreneurs Showcase Innovative Approach for Endless Business Possibilities

August 21, 2019

HONG KONG, August 22, 2019 – A team of student entrepreneurs from Hong Kong and Singapore were named winners of the 2019 FedEx Express/JA International Trade Challenge (FedEx/JA ITC) Asia Pacific Finals in Kuala Lumpur, Malaysia. This year, the finalist teams presented market entry strategy plans for a medical device product in Germany. Team Prost comprised of Noelle Pang from Hong Kong and Kenneth Tee from Singapore beat 29 teams from across the region with their remarkable invention of the ‘Prost Watch’ to tackle the health issue caused by alcohol consumption in Germany and promote safer drinking. The Prost Watch uses Artificial Intelligence (AI) to monitor and regulate alcohol consumption, with the goal of improving long-term health by avoiding liver and chronic health diseases.

"We are so excited we won this competition, especially given the amazing business proposals put together by the other talented teams," said Noelle Pang of Hong Kong and Kenneth Tee of Singapore. "This challenge has been an incredible learning experience. With the skills and tools we learned, we feel ready to take on the business world with confidence and pursue our dreams of becoming leading global entrepreneurs.”

Team Pioneers – made up of Shamita Sheetal from Malaysia and Trang Hoang from Vietnam – came second with their idea of ‘The Cardiator’ which is designed to curb cardiovascular diseases by detecting elevated cardiac enzymes 5 to 6 hours before a potential heart attack.  

Team Rife – made up of Nydia Lee from Hong Kong and Shveenita Alyza Kanapathy from Malaysia – came third with their idea of ‘Eartaps’ which is a convenient hearing aid equipped with auto-sensation, automatically changing its settings to adapt to the varying noise level of surroundings in real time, designed for the elderly.

"FedEx is committed to connecting people and businesses around the world,” said Karen Reddington, president, Asia Pacific, FedEx Express. "We are pleased that FedEx is part of the FedEx/JA International Trade Challenge program that cultivates youth entrepreneurship and empowers our business leaders of tomorrow. We hope to inspire young entrepreneurs to think big – to think globally. A brilliant business idea may start small, but with a global network, the possibilities are endless.”

 "This is an exciting milestone for our young entrepreneurs from around the Asia Pacific region,” said Vivian Lau, President and CEO of JA Asia Pacific. “FedEx/JA ITC has provided these young entrepreneurs not only with the necessary business knowledge and real-life skills but also the global connectedness to unleash infinite opportunities and pursue life-long dreams.”

The FedEx/JA ITC program is jointly organized by FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, and JA Asia Pacific, a member of JA Worldwide. To date, the FedEx/JA ITC has inspired and benefitted more than 22,800 young people across the region, allowing them to learn more about entrepreneurship and introduce them to the world of business, economics and international trade through classroom learning and practical teamwork exercises.

Now in its 13th year, the program has grown considerably: just 295 students from three markets took part in the 2007 program. This year, more than 2,716 students from 10 markets[1] took part.

 

About FedEx Express/JA International Trade Challenge Asia Pacific (FedEx/JA ITC)

Designed to foster business knowledge through practical teamwork exercises and classroom learning, the FedEx/JA ITC program comprises two key activities – the International Trade Workshops and the International Trade Challenge. To take part in the FedEx/JA ITC, students in teams of two have to develop a specific product or service and create an original international market entry strategy for a designated country. Through this process, students gain first-hand experience of what roles world trade, product distribution and sales play in a market environment. In addition to teamwork, participating students learn the basics of risk evaluation in the business world and gain confidence in their analytical ability.

About JA Asia Pacific Limited

JA Asia Pacific is a member of JA Worldwide, one of the world’s largest youth-serving NGOs dedicated to preparing young people for employment and entrepreneurship. For 100 years, JA has delivered hands-on, experiential learning in work readiness, financial literacy, and entrepreneurship. We create pathways for employability, job creation, and financial success.

Home to 60% of the world’s youth, JA Asia Pacific aims to empower young people to benefit from the region’s economic development and to create a positive impact in their lives and communities. The 18 members JA Asia Pacific network is powered by over 30,000 volunteers and mentors from all sectors of society, reaching more than 800,000 students around the region. Each year, the global JA network of over 465,000 volunteers serves more than 10 million students in over 100 countries. To learn more about JA Asia Pacific, please visit www.jaasiapacific.org or visit @jaasiapacific on Facebook, Instagram, and LinkedIn.

About FedEx Express

FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date supported by a money-back guarantee[2] .

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $70 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit http://about.fedex.com.

NOTE TO EDITORS: 

FedEx Express press releases are available on the World Wide Web at about.fedex.com/newsroom/asia-english.

 

For high-resolution pictures of the winning teams, please download via:

https://share.agencyroad.com/message/MArBleBFJiYxs4VKL4QYig

 

Please follow FedEx Express Asia Pacific social and digital media accounts:

FedEx Business Insights Hub: http://fedexbusinessinsights.com/en/

LinkedIn FedEx Go Global: https://www.linkedin.com/showcase/fedex-go-global/

 

For further information, please contact:

 

Rebecca Tong of FedEx Express

Tel: (852) 2514-0813

Email: rebecca.tong@fedex.com

 

OR

 

Emily Jenkins, Ketchum Hong Kong

Tel: (+852) 3141-8008

Email: emily.jenkins@ketchum.com  

[1] Australia, mainland China, Hong Kong, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand and Vietnam

[2] Subject to relevant terms and conditions

Student Company from the Philippines crowned the 2019 JA Asia Pacific Company of the Year and FedEx Access Award winner in Manila, Philippines

March 13, 2019

The JA AP COY is JA Asia Pacific’s annual celebration of the achievements of young entrepreneurs in the region. The Program and Competition helps young people understand the role of business in the global economy by allowing students to organize and operate an actual business enterprise, and market and sell a product or service in the real world. 

 

Organized by JA Asia Pacific, the 2019 JA AP COY marks the first centennial celebration of JA and JA Company Program in the Asia Pacific region. The student companies represented 13 locations including Australia, Brunei, China, Guam, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore and Thailand.

 

The winners of the JA Asia Pacific Company of the Year Award were announced at the JA AP COY Awards Dinner in Manila, Philippines on March 13, 2019.

 

  • Terra from the Philippines took the first place for their innovative, multi-purpose and eco-friendly lines of hand bags that uses patched up recycled textiles as its lining. The product lines are providing a solution for a problem that is in the local community. The company demonstrated a good understanding of global connectivity in their business model.

 

 

  • Zeal Student Company from Indonesia came second place with their shoes that made great use of local materials; with a sports line that convert physical energy based on human pressure into an electrical energy using a specialize known as Piezoelectric. Their products target not only local, but a global market as well.

 

  • Third place went to Sagasco Student Company from Indonesia, who designed product line of modern footwear made from water hyacinth with a touch of batik to represent the tradition and heritage of Indonesia. The student company has demonstrated deep understanding of finance and impact investment.

 

 

  • Voted by other participating JA student companies, Ecovators from Singapore and TEAM_Bread from Korea were voted the Young Entrepreneurs’ Choice Award. Both student companies were voted the most popular companies in the eyes of all participating student companies at the 2019 JA AP COY competition.

 

Alongside with the JA AP COY awards and Young Entrepreneurs’ Choice Award, the following JA student companies were crowned winners of the following signature awards from Manila this year:

 

  • Terra from the Philippines won the FedEx Access Award sponsored by FedEx Express, in addition to winning the 2019 JA AP COY 1st place award.  Terra came up with the idea of an innovative, multi-purpose and eco-friendly lines of hand bags that uses patched up recycled textiles as its lining. The company demonstrated a good understanding of global connectivity in their business model.

 

  • Sagasco from Indonesia won the Best Financial Management Award, in addition to winning the 2019 JA AP COY 3rd place award sponsored by COL Financial. The student company design a product line of modern footwear made from water hyacinth with a touch of batik to represent the tradition and heritage of Indonesia. The student company demonstrated good understanding of sound Financial Management in running their business.

 

“With the JA Student Companies, students not only gain their first entrepreneurial experience of starting and running a real company, through Learning by Doing, they have also developed the much needed 21st century skills, complex problem solving, critical thinking and creativity.  Our young entrepreneurs are passionate about creating businesses that both are profit and purpose driven, with the ambition of creating a better world through their business ventures”, said Vivian Lau, President and CEO, JA Asia Pacific.”  We are grateful for the support from sponsors and supporting partners in bring extended learning opportunities for the 2019 JA AP COY winning teams” Vivian added.

 

Please click here to download the official photos of all the 2019 JUA AP COY winning student companies.

 

 

 

About JA Asia Pacific Company of the Year Competition (JA AP COY).

The Competition celebrates the accomplishments of JA Company Program® students in the Asia Pacific region. During participation in the JA Company Program, students start and run their businesses with support from volunteers from their local business community. They develop and market a product or service with the goal of realizing a profit for their shareholders. The program impacted more than 16,000 Asia Pacific secondary school students in 2018.

About JA Asia Pacific

JA Asia Pacific is a member of JA Worldwide, one of the world’s largest youth-serving NGOs dedicated to preparing young people for employment and entrepreneurship. For 100 years, JA has delivered hands-on, experiential learning in work readiness, financial literacy, and entrepreneurship. We create pathways for employability, job creation, and financial success.

 

Home to 60% of the world’s youth, JA Asia Pacific aims to empower young people to benefit from the region’s economic development and to create a positive impact in their lives and communities. The 17 members JA Asia Pacific network is powered by over 46,000 volunteers and mentors from all sectors of society, reaching more than 789,000 students around the region.  Each year, the global JA network of over 465,000 volunteers serves more than 10 million students in over 100 countries.

For more information, visit www.jaasiapacific.org

Secondary School Students Develop STEM Solutions for the East in Inaugural Schools Challenge Singapore

January 25, 2019

Singapore, January 26, 2019 – Global non-profit organization Junior Achievement (JA), in collaboration with the Singapore University of Technology and Design (SUTD) and leading global financial services firm J.P. Morgan, today launched the Schools Challenge Singapore – a program that empowers secondary school students with science, technology, engineering and mathematical (STEM) skills as they develop innovative solutions for real problems faced by the eastern community in Singapore. 

APAC - NEWS RELEASE - 2018 ITC APAC FINALS WINNERS

August 15, 2018

Sixty Young Entrepreneurs Showcase Innovation and Insights on International Business. Student from South Korea and Vietnam Crowned Winners at the 2018 FedEx/JA International Trade Challenge Asia Pacific Competition.

Young Entrepreneurs from Indonesia crowned the 2018 JA Asia Pacific Company of the Year in Beijing, China.

March 30, 2018

2018 marks the 8th JA AP COY, 22 student companies participated in the regional competition, the largest JA AP COY event by far. 24 student companies represented 16 locations travelled to Beijing to showcase their entrepreneurial skills in Beijing from March 29  to 31, 2018.

 

JA Student Company Entrepezo Nature Indonesia from Indonesia took the first prize for their natural Air Freshener in form of a USB using and sustainable business model

1 / 2

Please reload