KUALA LUMPUR – The Retail Competition for University Entrepreneurship Challenge (UNIEC) 2022, kicking of at the Malaysia Grand Bazaar on Sept 23-25, from 10am to 10pm will bring the 200 student participants closer to the RM10,000 grand prize.
The Grand Launching of UNIEC 2022 Retail Competition will be held on Sept 24, 2022 from 11.30am to 12.30pm at Malaysia Grand Bazaar located at BBCC Hub, Kuala Lumpur. The grand launch will be officiated by YB Tan Sri Hj. Noh bin Omar, Minister of Entrepreneur Development and Cooperatives.
These students consist of 18 teams from 15 universities nationwide, who will showcase their products and services at Malaysia Grand Bazaar where they will be able to show customers what they have learnt throughout their UNIEC 2022 journey.
UNIEC 2022 is organised by uLearnMONEY, Hakim Academy Sdn Bhd, Money Compass Media and Max Capital Management. To date, the students have already been through four out of the six planned competitions namely the Business Plan Presentations, Website Presentations, Social Media Presentations, and the Digital E-Fair programme.
The event is sponsored by Prudential Assurance Malaysia Berhad, UDA Holdings Berhad and PG Mall Sdn Bhd.
The upcoming Retail Competition is the second last before the Team Spirit Competition where judges will decide which team would get the RM10,000 grand prize. The First Runner Up will receive RM5,000.
There are also consolation prizes and awards for the best-in categories.
UNIEC 2022 Organising Chairperson, Ms. Amy Seok, said that the upcoming event on Sept 23-25 will be exciting as the students have been working hard to prepare themselves to get to this point in the competition.
“Our competition has been critical to each team’s growth as the students get feedback from our 16 competition judges, led by our chief judge Mr KC See. The judges’ have helped support the students throughout their UNIEC 2022 journey where they learn real-world experiences in line with our theme of ‘Navigating and Unleashing the Potentials of Young, Aspiring Entrepreneurs’ this year,” Seok said.
Seok also added that the main objective of the competition is to expose undergraduates to a real entrepreneurship journey and guide them in developing their entrepreneurial skills and experience.
Through UNIEC, the student will benefit from the experience of the real involvement of the journey of online and offline retail business and marketing, acquiring skills in developing business models, business plans, branding development, website, digital marketing, social media promotion, and retail marketing.
The Retail Competition leg for UNIEC 2022 will officially start on Sept 23 to 25 from 10am to 10pm at Malaysia Grand Bazaar. All are invited to join and get to know the budding aspirations of the 18 teams in the UNIEC 2022 competition.
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