D’Poudre Sdn. Bhd. supplies Dual Antibax, a wound-healing cream to various health institutions in Malaysia. The winning team took home a cash prize of RM10, 000, Minister of Higher Education Challenge Trophy, a trophy and certificate.
Wowkawkaw. Sdn. Bhd., a team from Universiti Islam Antarabangsa Malaysia (UIAM) was the runner-up and the team took home a cash prize of RM5,000, medal and certificate and the second runner-up, Dysoft Global Sdn. Bhd from Universiti Putra Malaysia(UPM) received RM3,000, medal and certificate.
Nor Fatihah Ramle, from D’Poudre Sdn. Bhd. won the Best CEO Award. She took home a cash prize of RM1,000, a trophy and certificate.
NEC, formely known as Public Institutions of Higher Learning (IPTA) Business Simulation Competition, was organised by the Cooperativeand Entrepreneurship Development Institute(CEDI) Universiti Utara Malaysia (UUM), in collaboration with the Ministry of Higher Education Malaysia (MOHE) and MyPEC Sdn Bhd.
A total of 45 participants from nine institutions of higher education (IPT) in Malaysia took part in the NEC 2015/2016 which took place at the Business Simulation Centre, CEDI, UUM Convention Centre from 16 to 27 January 2016.
This competition aimed at developing entrepreneurial skills and competitive spirit among students by providing a simulation of real working world and in doing so would encourage the students to choose entrepreneurship as a career option.
In this competition, a team of five members must establish or register their company and submit their business ideas and they will go through various business challenges.
The closing and prize presentation ceremony of the 2015/2016 NEC was presided over by the Director-General of Higher Education, Ministry of Higher Education, Yang Berbahagia Prof. Dato' Dr. Asma Ismail, who represented the Minister of Higher Education, Yang Berhormat Dato’ Seri Idris Jusoh.
Reading the speech of the Minister of Higher Education, Prof. Dato’ Dr. Asma said, this competition is a laudable effort in developing highly skilled human capital and entrepreneurs with innovative ideas for future benefits.
In addition, she also urged the future entrepreneurs to move towards Knowledge-based Economy (K-Economy) which would ensure the sustainability in prominent areas such as nano-tech and bio-tech.
Meanwhile, in his speech, UUM Deputy Vice Chancellor (Research & Innovation), Prof. Dr. Noor Azizi Ismail, who represented the Vice-Chancellor, said this competition provides participants the opportunity to experience the business atmosphere in the form of business simulations.
Also present at the ceremony were the Deputy Secretary of Development, representing the Secretary General of the Ministry of Higher Education, Yang Berbahagia Datuk Nik Ali Mat Yunus; Executive Director, the Cooperativeand Entrepreneurship Development Institute(CEDI) UUM, Assoc. Prof. Dr. Abdul Rahim Othman, and Director of Malaysia Practice Enterprise Centre (MyPEC), Matsham Ahmad.
Translated by Nur Ida Faradilla binti Aziz
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