As the proud organizer for ITC Asia Pacific Finals competition, JA Asia Pacific is grateful for the continuous support from FedEx Asia Pacific to ITC in developing and nurturing entrepreneurial leaders for the Asia Pacific region for the 13th year since 2007.
ITC regional finals has traveled to different markets in the region including Hong Kong, Singapore, Thailand, and Malaysia and has developed over 25,500 young entrepreneurs in the Asia Pacific region.
More than 2,700 aspiring young entrepreneurs have participated in local ITC workshops across 10 markets over 8 months to create market entry strategy for a variety of products and services for their respective ITC local challenges.
A total of 60 national champions from 10 Asia Pacific markets, came together forming 30 mixed teams at the 2019 ITC Asia Pacific Finals in Kuala Lumpur, Malaysia, from August 18 to 22 to gain firsthand experience of international trade strategy, business plan formulation, build life-long connections with students from around the region, as well as competing for the 3rd, 2nd, and 1st place in the 2019 ITC Asia Pacific Finals.
This year, the finalist teams presented market entry strategy plans for a medical device product entering the Germany market.
JA Asia Pacific is excited to share some of the 2019 ITC Asia Pacific Finals memorable moments!
FedEx Express/JA International Trade Challenge (ITC) - 2018 Asia Pacific Finals
The 12th ITC will be held from August 12 to 15, 2018, at the Village Hotel Changi in Singapore. The markets participating in the 2017 FedEx Express/JA International Trade Challenge are Australia, China, Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
Participating students gained first-hand experience of international trade by joining the International Trade Workshop in local markets, followed by competing in national ITC competition locally. National ITC champions/ 6 students from each participating market will be selected to travel and compete with other winning students from the Asia Pacific region at the ITC Asia Pacific Finals.
Please follow @AsiaPacificITC on Facebook for the latest actions in the 2018 ITC program and competition as we count down to the 2018 Asia Pacific Finals in August this summer!
The FedEx Express/JA International Trade Challenge (ITC) is a competition organized by JA Asia Pacific, and sponsored by FedEx Express. The ITC aims at nurturing the entrepreneurial spirit and business skills of students. At the ITC, students will work to create international market entry strategy plans for given product to a target market. Since its debut in 2007, the ITC has developed over 20,000 young entrepreneurs in the Asia Pacific region. The first ITC regional finals was held in Hong Kong in 2007; since then, ITC regional finals has travelled to different markets in the region including Singapore, Thailand, and Malaysia.
FedEx Express/JA International Trade Challenge (ITC) Asia Pacific Finals 2017 was successfully held from August 20 to 24in Singapore.
In the last 10 years, ITC regional finals have traveled to different markets in the region including Hong Kong, Singapore, Thailand, and Malaysia and have developed over 19,000 young entrepreneurs in the Asia Pacific region. The markets participating in the 2017 FedEx Express/JA International Trade Challenge are Australia, China, Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
in 2016-17, 2450 aspiring young entrepreneurs have participated in local ITC workshops across 10 markets over 8 months to create market entry strategy for a variety of products and services for their respective local ITC local challenges. 60 national champions forming 30 mixed teams, from the 10 Asia Pacific markets have joined at the ITC Asia Pacific Finals competition event in Singapore from August 20 to 24.
All teams have gained first-hand experience of international trade strategy, business plan formulation, and build life-long connections with students from around the region.
And the winners are...
This year, students were challenged to create a market entry strategy for a pet product to enter the United States of America.
Team Everest (Songen Yeung from Australia and Manson So from Hong Kong) beat 29 teams from across the region with their eco-friendly cat litter, which is made from soybeans and is a first for the American market. The pallets are natural, safe for pets, and bio-degradable, creating less harm to pets as well as to the environment.
"Winning wasn’t on my mind when I decided to participate," said Songen Yeung. "I started off with the mindset to learn about doing business, meet new people from different places, and challenge myself to do something out of my comfort zone. I am thrilled that I have achieved all that, and won the competition.” Manson So added, “This is certainly an eye-opening experience for me. We learned a lot about global business and team work among different cultures. I’d strongly encourage my schoolmates and friends to join this competition next year.”
The 2nd place winner, Team Ignite (Nathan Peadon from Australia and SukHoon Chang from Korea, stood out with their proposal of uVET, a silicon microchip to be implanted into dogs to help owners keep track of their pets' well-being and health, such as monitoring hydration levels, body fat, and body temperature.
Team Collera (Kevin Ho from Hong Kong and Taishi Nishizawa from Japan) came in third place with the idea of a multi-functional smart collar for dogs that owners can use to track the location of their pets. It can also measure the number of steps taken by a dog to ensure that the pet stays fit.
Congratulations to all the participants!
48 students from eight Asia-Pacific markets (Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Thailand and Vietnam) took part in the 10th FedEx Express/Junior Achievement International Trade Challenge (FedEx/JA ITC) Asia Pacific Finals in Hong Kong from August 7 to 11.
A team of student entrepreneurs from Singapore have been crowned winners of the FedEx/JA ITC Asia Pacific Finals in Hong Kong. Challenged to come up with an idea for a travel security product or service for the U.K., team Kung Fu Pandas – made up of Colin Chee and Tan Jie Ying – impressed the judges with their product "RobStop", a convertible bag with slash-proof body panels made of stainless steel mesh that can help to thwart pickpockets and protect all important personal belongings while travelling.
"We came up with an idea that we thought would work and that we believed in, but some of the other team's proposals were really outstanding, so we didn't expect to be the winners," said Colin Chee and Tan Jie Ying of Kung Fu Pandas. "Taking part in the contest has been a really eye-opening experience, and it's made us realize that, with some planning, research and a good idea, it's surprisingly easy to set up a business in real life."
Evelyn Tsui and Tanya Tam of team DOTS from Hong Kong took second place in the contest with their idea of "Secure Egg", a compact portable device that helps elderly travelers in emergency situations by enabling them to connect to their families or even the police at the push of a button.
Team LOHAS, also from Hong Kong, came third. Team members Michelle Ng and Vanessa Kwang devised "KidSafe", a children's backpack that tracks children's whereabouts. Once the backpack leaves the "safety zone" set by parents, the parents receive an automatic alert.
Since its debut in 2007, the FedEx Express /Junior Achievement International Trade Challenge (ITC) has developed over 17,000 young entrepreneurs in the Asia Pacific region. The first ITC started from inspiring students from three markets, and over the years has grown to become a signature student event, with 48 students from eight Asia-Pacific markets (Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Thailand and Vietnam) took part in this year’s competition.
2016 marks the 10th anniversary of ITC. With 10 years of FedEx/JA ITC gathers 10 years of knowledge & inspiration. A few of our former participants shared their thoughts on how International Trade Challenge made an impact to their life and their most memorable moment with the program. Watch the video to learn more about how they felt about the FedEx/JA ITC!