Thursday, August 12, 2010

Maybank MoneyTree YES 2 Challenge winners feted

SUBANG JAYA: The winners of the Maybank MoneyTree Young Entrepreneur Startup Challenge 2 (YES 2) were presented their respective awards in recognition of their achievements last Friday, Aug 6.

More than 200 guests witnessed winners in the various categories receive their awards at a dinner here, as well as presentations to the corporations that had played a significant role in developing the youths and children participating in the financial literary programmes.

In a statement Aug 7, MoneyTree Malaysia chairman Datuk Nik Kamaruddin Ismail said the young aspiring entrepreneurs would set the example for the next generation of youths to follow.

"These youths have proven their courage and determination, when they decided to take the road less traveled.

"I commend their efforts for proving that youth entrepreneurship is really not about age, but it is about mileage," he said.

MoneyTree Malaysia is a subsidiary of MoneyTree Asia Pacific Ltd, which holds the exclusive rights to a first of its kind financial training programme that educates children and youths aged nine years to 19 years

In the YES 2 competition, six teams pitched for start-up capital to launch their business ideas into the market by soliciting funds from private investors.

The grand prize winner of the YES 2 competition was the team "Cup Chatter" from UNITEN, which won RM20,000 in cash.

Among the other recipients, Kaberi Dutta took the "MoneyTree MoneyWise Award ' Social Entrepreneurship, 2010" and Wong Jun Wei walked away with the "MoneyTree MoneyWise Award ' Academic, 2010".

Meanwhile, Tenby Schools and elc International School was given the "MoneyTree Institution Award 2010- Financial Literacy"; Taylors College the "MoneyTree Institution of Higher Learning Award ' Promotion of Entrepreneurship, 2010"; Malaysian Today the "MoneyTree Youth Entrepreneurship ' Media Advocate Award, 2010" while Maybank was given the "MoneyTree ' Financial Literacy ' Corporate Advocate Award 2010.

The New Straits Times was given the "MoneyTree Financial Literacy ' Media Advocate Award ' Teens Category, 2010", while theSun took the "MoneyTree Media Award ' Overall Support of Youth Development, 2010" award.


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