Enterprise Challenge Qatar 2016, a competition designed to develop the spirit of entrepreneurship among young people, has recognised the winners of the Schools Grand Final competition.
Ahmed Bin Hanbal School claimed the first prize at this year’s final round of the business simulation and business pitch competition between 25 independent and international high schools in Qatar.
The winning team took home a prize of QR10,000 to support funding their business idea and its implementation within their school campus. Second place was awarded to Al Guieria Girls’ Secondary School, while Umm Hakim Girls’ School came third.
The Enterprise Challenge Qatar programme has different tiers for high school and university students. It is made up of two parts, comprising the Ethical Business Challenge, which tests participants’ ability to balance the economic, environmental and social performance of their company, and the Business Simulation element, which familiarises students with general business concepts - from inception to trading, finance, sales, marketing and production. This year, to make the competition more challenging for school students, the “business pitching of ethical and original business ideas” was introduced to the programme.
Saleh al-Khulaifi, board member of Bedaya Centre and head of business development at Qatar Development Bank, said: “At Bedaya, we believe that encouraging young people to consider entrepreneurship will help create a thriving private sector and ensure its sustainability for future generations.”
Mohamed Abu Jbara, corporate social responsibility manager at Qatar Shell, said: “Over the past three years, the programme has reached more than 1,200 students, and this year alone it reached a further 1,050 students.”
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