Maybank-MoneyTree Young Entrepreneur Startup Challenge 2 (YES 2) – Red Carpet Party

Petaling Jaya, Malaysia, July 30, 2010 --(PR.com)-- Petaling Jaya, Malaysia – MoneyTree, together with its corporate partners, will be organizing the “Young Entrepreneur Start-Up (YES 2) Challenge Red Carpet” party on Friday, 6th August 2010 at the Grand Dorsett Hotel, Subang.

This “Academy Award” styled party which will happen from 7.30pm to 10.30pm would see an estimated 250 people comprising members of the YES Advisory Panel, Partners, sponsors, members of the Media and youths from different Universities and Colleges joining this celebration of Entrepreneurship.

The “YES 2 Red Carpet” party serves to recognize and celebrate the commendable efforts, commitment, dedication and success of the YES teams along the journey of the YES 2 challenge. The highlight of the party will be the crowning of the YES 2 Challenge Grand Prize winner, who will walk away with RM 20,000 in cash and prizes.

The Red Carpet event is also a recognition night for the YES 2 teams, as they have chosen the path less travelled and persisted in their pursuit in becoming Youth Entrepreneurs, who would serve as role models for the next generation of youths.

The teams that went through a gruesome process of shortlisting and elimination (from a total of 40 teams) to reach the TOP 5 spots are:

Cup Chatter, Greenergy, SYCo, Dreamzland, and Voila!

Mr. UV Wong, Director of MoneyTree and Organizing Chairman of the YES Challenge stated, “The YES Challenge has evolved over the past year as we strive to make YES a platform to not only allow young aspiring Entrepreneurs to acquire the skills, knowledge and experience in Entrepreneurship, but also as a platform for commercialization of ideas. In fact, we are proud to announce that we recently commercialized and launched MOB, Mainstream Online Buzz, a Social Media Marketing Agency that was the result of the YES Challenge. The August 6th Party will be a celebration of the success of the YES 2 teams, as we look forward to helping more Young Aspiring Entrepreneurs commercialize their ideas and turn their dreams into reality.”

While the YES 2 Red Carpet Party marks the end of season 2 of YES, it also marks the beginning of the teams’ journey into the world of Entrepreneurship.

The YES 2 Challenge Red Carpet party is sponsored by Maybank, Malaysia’s Premier bank & CPA Australia.

The YES challenge is a business challenge organized by MoneyTree to help Young, Vibrant Entrepreneur Aspirants launch their business ideas into the market and ultimately turn those ideas into profitable ventures. The challenge not only allows young Entrepreneurs / aspiring Entrepreneurs to learn skills that would sharpen their Entrepreneurial mindsets, but to also provide them with the opportunity to experience the practical applications of the Entrepreneurial skills they acquired through the MoneyTree Entrepreneur Fast Track program. Ultimately, YES teams who have proven their worth would be channelled to government pre-seed grants for full commercialization of their ideas.

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