Bank renews support of Young Enterprise

HSBC Bank Malta plc presented Lm15,000 to Young Enterprise Malta, renewing its annual sponsorship commitment to Malta's leading enterprise education provider.

The sponsorship was presented by HSBC's chief executive officer Shaun Wallis to Young Enterprise Malta's chief executive Rachelle Tabone.

Also present for the presentation, which took place during the 17th HSBC Young Enterprise National Trade Fair at St James Cavalier, were the Parliamentary Secretary in the Ministry for Competitiveness and Communications, Edwin Vassallo, and Young Enterprise chairman Josef Camilleri.

Young Enterprise Malta involves sixth form students and aims to bridge the gap between classroom and workplace. By providing hands-on experience in running their own businesses, the programme gives students the opportunity to enhance their leadership, cooperation, communication, marketing, budgeting and organisational skills.

"The HSBC Group is a strong supporter of Young Enterprise, being the main sponsor both in Malta and in the UK. It plays a very important role in educating and exposing students to business concepts. As a result, they have the opportunity to get confidence and develop business skills which will serve them in good stead in the future," Mr Wallis said.

HSBC's sponsorship will enable Young Enterprise Malta to assist Maltese students in a variety of business projects. Teams from Malta have been extremely successful since Young Enterprise was established 17 years ago, winning the European Company of the Year and other international awards on several occasions.