<2017 GYEC Challenge>
Design a system or service to utilize and/or store energy that does not directly produce electricity, and make that idea into a feasible working business model. You will present your idea to a group of potential investors who are willing to support an innovative business idea.
GYEC2017 awards are given to the following teams.Congratulations!
-1st (Winner) :Cambodia-Japan Cooperation Center (Cambodia)
-2nd (Runner up) : Cita Hati High School (Indonesia)
-3rd : Mix Team of Shoei Girl's Junior and Senior High School,
Toin Gakuen Senior High School,
Shibuya Kyoiku Gakuen Makuhari Junior and Senior High School,
Shibuya Kyoiku Gakuen Shibuya Junior and Senior High School (Japan)
-Honorable mention : Elite Educational Institute - Richmond / Burnaby Campus (Canada)
1.Brazil - Alef High School■International Judging Panel:
2.Cambodia - Cambodia-Japan Cooperation Center
3.Canada - Elite Educational Institute - Richmond / Burnaby Campus
4.Indonesia - Cita Hati High School
5.Indonesia -Narada High School
6.Indonesia - Taruna Nusantara High School
7.Japan - Doshisha International Senior High School
8.Japan - Kyoto Gakuen High School
9.Japan - Mix team of Makuhari Senior High School, Shibuya Senior High School, Shoei Girl's Senior High School and Toin Gakuen Senior High School
10.Malaysia - Royal Military College
11.Mongolia - Development Solutions NGO
12.Mongolia -New Era International Laboratory School
13.Mongolia -Shine Mongol High School
14.Philippinse - Multiple Intelligence International School
-Achit Erdene Darambazar (Investment Banker, CEO and Founder of MICC)■Comments from Srisetiowati Seiful, Chairperson of GYEC internationalJudging Panel
-David Lesmana (Science Teacher)
-Henry Chen (Vice President of Fortune North America Operations)
-Hironari Ukai (Professor, Faculty of Management of Aichi Gakuin University)
-Janto Sulungbudi (Physics teacher of Department of Physics of Parahyangan Catholic University )
-Kuncoro Puji Raharjo, M.Pd. (Chemistry and Enterpreneurship Teacher on SMA Taruna Nusantara, Chairman of the Assosiation of Indonesian research coach teachers)
-Maralmaa Munkh-Achit (Programs Coordinator, Zorig Foundation)
-Marcelo Silvestroni (Auxiliary teacher)
-Muhammad Sanjay Bin Paramarie (Vice Chairman,Malaysia Young Scientists Organisation)
-Raquel T. Peña (MIIS Upper School Curriculum Coordinator)
-Sara Dhewanto (Managing Director and founder of PT Virtual Online Exchange (VOX))
-Stephen Paterson (Co-Founder and Program Coordinator of the Mekong Business Challenge)
-Sy Vanna (Manager of Human Resource Development Department of CJCC)
-Tatsuro Ichihara (Vice Chair, Center for Entrepreneurship Development)
-Telmen Erdenebileg (Program Manager of Save the Children Japan-Mongolia Office)
-Yoshie Okochi (Managing Director of Aqualine Ltd. (Phd,Doctor of Economics)
(Also representative of GYEC initiators, and a member of GYEC 2017 Steering Committee)
“This year has been marked by a transition, whereas some of the initiators of last year’s International Science Enterprise Challenge (ISEC) had decided to enhance the competition and thus created the Global Youth Entrepreneurship Challenge or GYEC. We are all happy to see that this transition has not diminished the interest of countries and participants in joining GYEC this year.
Within 12 hours of the announcement of GYEC’s online challenge, the international panel of judges received submissions from high school participants from all over, which were quite exciting, of which students applied their knowledge of science and technology in a practical manner, rendering them to be feasible, workable and some even coming up with “wow” innovations, as much as they could.
Congratulations and special remarks to the Cambodian team who won the GYEC 2017, being a newcomer to this competition! Your idea seemed to catch the attention of most of the judges such that your team received the highest marks particularly for your innovative idea and interesting video.
With only 12 hours to address the challenge, we understand that it would be difficult to expect all teams to be able to complete a thorough feasible business presentation, so in the cases where some teams did exceptionally well in their product description, they barely managed to touch on their potential financial projections, or even the marketing strategy, and the majority still had issues in estimating the amount of energy produced.
All in all, it seems all the teams enthusiastically worked hard to address the challenge, and also present an interesting and appealing video about their business plan. Even though we missed Russia and Turkey this year, we hope to see all of you next year with even newer countries joining the competition, and bringing even greater “wow” innovations to the event.