Jubilee Life has partnered with SEED Ventures for the 2nd Enterprise Challenge Pakistan, a Prince’s Trust International programme. This was announced at the project signing ceremony held recently at the Head Office of Jubilee Life. The signing ceremony took place between Javed Ahmed, MD & CEO, Jubilee Life and Faraz Khan, CEO & Co-Founder, SEED Ventures, in the presence of Mr. Jonathan Townsend, CEO, Prince’s Trust International.
Enterprise Challenge Pakistan (ECP) is a pan-Pakistan, inter-school competition that encourages young people to explore entrepreneurship as a career path. It is offered to secondary school students within the age bracket of 13-16 years in various schools across the country. ECP is essentially a simulation business challenge where students playing in teams of four or five employ their creativity in On this occasion Javed cyber-scenarios. Each team is mentored by industry experts to help these students understand the basics of an enterprise, business strategy and financials. The objective is to profitably run an enterprise and the team with the highest net profit is declared the winner.
Ahmed, CEO and MD, Jubilee Life said, “We have seen from the example of fast growing countries that phenomenal economic growth is propelled by entrepreneurship. To promote entrepreneurship, it is important that the people with innovative ideas and skills have access to vital resources such as mentorship, finances and knowledge to initiate new business, especially small and medium size enterprises. ECP is a great initiative for this cause and we are glad to be their partners in promoting the enterprise culture in Pakistan.”
Jonathan Townsend, Prince’s Trust International Chief Executive, said: “Prince’s Trust International is excited to be partnering with SEED Ventures for a second year, bringing the Enterprise Challenge programme to Pakistan. Following the successful launch of the programme in 20 schools last year, this year we celebrate 44 schools joining the programme. This is a significant achievement, extending delivery even further across Pakistan, delivering in key cities as well as reaching many more young people from more remote and under-served areas of the country. I am delighted to have been able to witness the achievements of the hundreds of young participants taking part in the programme.” Faraz Khan, SEED CEO and Co-founder said, “Enterprise Development is SEED’s core mandate, and we understand that young people can contribute immensely to this ecosystem.