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Cracking the Case: Students Tackle Today’s Business Challenges

What a fantastic response we have had to the first edition of our Business Case Competition! More than 300 teams have entered, made up of a total of 960 university students and recent graduates.

These teams are now busy working on the projects created by our four sponsors -- CLP, Great Eagle Group, LVMH Fashion Group and Sino Group. Over the next few weeks, a multi-stage process of online voting, mentoring and assessment by our judging panel will whittle the entrants down to 12 teams – three for each corporate. Each of these teams will then be mentored by the companies to further fine-tune their projects before presenting their final pitch at the Grand Finale on 22 November.

Businesses today are faced with a host of challenges, from the rapid evolution of technology to the need to be more sustainable. The competition’s projects all deal with real-life situations and it is inspiring to see so many young people chomping at the bit to come up with solutions to these key business issues.

This is the first time the Chamber has organized the Business Case Competition, in cooperation with Agorize. Our Business-School Partnership Programme has been running for almost 20 years and has been a great success in giving teenagers a valuable insight into the world of work, with the help of our member companies.

Now we furthering our outreach with third-level students, who will be entering the workforce very soon. We hope the Business Case Competition can help close the gap between university and work for participants, provide them with a taste of entrepreneurship, and give them the opportunity to upgrade and test their skills in a professional context. The competition also helps the Chamber to extend our support to more of the community in Hong Kong, from high-schools and universities to the city’s businesses.

The prizes for the winners of the Business Case Competition are very impressive, and include trips to the corporate sponsors’ overseas offices. But we hope that all of the entrants will find it a worthwhile experience to put their thinking caps on to come up with creative solutions and innovations to real business problems.

The hard work and effort put in by these hundreds of students should certainly be applauded, and they are great ambassadors for the young people of Hong Kong. We wish all of the entrants the best of luck as they get to work over the next few weeks perfecting their ideas, and we look forward to hearing how they plan to solve some of the key business issues affecting the world today!

Posted on 2019/11/01