HSBC Young Enterprise chairman, Josef Camilleri had this to say:
"The final night of the 20th edition of our company programme highlighted the passion with which our achievers presented their products.
For the past nine months, these young adults dedicated much, if not all, of their free time to develop a fully fledged business.They have learnt, sometimes in testing circumstances, many of the skills they will need to succeed in the ever more demanding and competitive world of business.
"Those of us who are involved in the HSBC company programme on a daily basis have seen, once again, what great potential this country's youth have. Our confidence in Malta's ability to produce entrepreneurs able to lead our economy well in the 21st century has been further strengthened.
"Whatever fields they choose to pursue in their future careers, I am certain that this year's achievers will succeed.
"The learning by doing experience of this Young Enterprise edition will stand them in good stead throughout their professional and personal lives.
"Of course, this would not have been achieved without our sponsors, especially HSBC, who for many years now have consistently provided financial and logistical support and have always demonstrated their commitment to providing Malta's youth with enterprise education, and the skills they need to succeed in tomorrow's economy."
List of Awards
A number of subsidiary awards were also given out during the Young Enterprise finals.
Best Business Plan - sponsored by HSBC Bank Malta plc
Aim: To Award the best team which prepares the best Business Plan
Presented by: Brian Tortell
Winner: Switch
School: De La Salle College
Product: Electronic translator
Description: Various languages translation to use when travelling
Most Responsible Business - sponsored by Malta Chamber of Commerce and Enterprise
Aim: To award the company which shows most propensity to CSR, the company that acts responsibly towards society in general
Presented by: Andrew Mamo
Winner: Water Wise
School: St Aloysius College
Product: Water saving device (kit)
Description: To be attached to any type of water taps to save water
Best Product - sponsored by Federation of Industry
Aim: To award the best product among the competing teams
Presented by: Ray Muscat
Winner: Spiral
School: Junior College
Product: Camping Tents/T9 Maltese dictionary
Description: Imports tents/Maltese dictionary on mobiles
Best Use of Innovation - sponsored by the Edward De Bono Foundation
Aim: To award the team that makes the best use of Debono tools and that thinks in a different way, that uses innovation in the best way.
Presented by: Stephanie Ceccato
Winner: Spiral
Best Quality Award - sponsored by Malta Quality Group
Aim: To award the team that makes best use of quality systems in its approach to management
Presented by: Emidio Friggieri
Winner: PRO
School: De La Salle College
Product: PRO Bags
Description: Environmental friendly bags made of xoqqa
Best Implementation of Marketing Strategy - sponsored by the Malta Institute of Management
Aim: To award the team that prepares the best marketing strategy and at the end of the day actually carries it out.
Presented by: Louis Olivieri
Winner: PRO
Best use of Technology - sponsored by the Malta Council for Science and Technology
Aim: To award the team that makes the best use of technology, both in its product but also the team that uses technology as part of its management systems and communication.
Presented by: Giovanni Buttigieg
Winner: Spiral
Best Accounting Statements and Profitability - sponsored by the Malta Institute of Accountants
Aim: To award the team that presents the best financial statements according to international accounting standards, but also considering profit made by the company.
Presented by: Noel Zerafa
Winner: Maniark
School: Junior College
Product: Lap top stand
Description: Very practical to be used anywhere, just put it on your lap.
John Harper Award
Aim: Awarded each year for excellence and outstanding performance
Second category: Jon Vella from Sound Systems Ltd
Motivation: A sound engineer, Mr Vella has supported YEM all along its 20 years.
First category: Chris Cutugno and Bjorn Azzopardi from Think Design Ltd.
Motivation: Mr Cutugno and Mr Azzopardi are former Young Enterprise Malta participants who went on to put entrepreneurship in practice by successfully setting up their own IT company.
"The final night of the 20th edition of our company programme highlighted the passion with which our achievers presented their products.
For the past nine months, these young adults dedicated much, if not all, of their free time to develop a fully fledged business.They have learnt, sometimes in testing circumstances, many of the skills they will need to succeed in the ever more demanding and competitive world of business.
"Those of us who are involved in the HSBC company programme on a daily basis have seen, once again, what great potential this country's youth have. Our confidence in Malta's ability to produce entrepreneurs able to lead our economy well in the 21st century has been further strengthened.
"Whatever fields they choose to pursue in their future careers, I am certain that this year's achievers will succeed.
"The learning by doing experience of this Young Enterprise edition will stand them in good stead throughout their professional and personal lives.
"Of course, this would not have been achieved without our sponsors, especially HSBC, who for many years now have consistently provided financial and logistical support and have always demonstrated their commitment to providing Malta's youth with enterprise education, and the skills they need to succeed in tomorrow's economy."
List of Awards
A number of subsidiary awards were also given out during the Young Enterprise finals.
Best Business Plan - sponsored by HSBC Bank Malta plc
Aim: To Award the best team which prepares the best Business Plan
Presented by: Brian Tortell
Winner: Switch
School: De La Salle College
Product: Electronic translator
Description: Various languages translation to use when travelling
Most Responsible Business - sponsored by Malta Chamber of Commerce and Enterprise
Aim: To award the company which shows most propensity to CSR, the company that acts responsibly towards society in general
Presented by: Andrew Mamo
Winner: Water Wise
School: St Aloysius College
Product: Water saving device (kit)
Description: To be attached to any type of water taps to save water
Best Product - sponsored by Federation of Industry
Aim: To award the best product among the competing teams
Presented by: Ray Muscat
Winner: Spiral
School: Junior College
Product: Camping Tents/T9 Maltese dictionary
Description: Imports tents/Maltese dictionary on mobiles
Best Use of Innovation - sponsored by the Edward De Bono Foundation
Aim: To award the team that makes the best use of Debono tools and that thinks in a different way, that uses innovation in the best way.
Presented by: Stephanie Ceccato
Winner: Spiral
Best Quality Award - sponsored by Malta Quality Group
Aim: To award the team that makes best use of quality systems in its approach to management
Presented by: Emidio Friggieri
Winner: PRO
School: De La Salle College
Product: PRO Bags
Description: Environmental friendly bags made of xoqqa
Best Implementation of Marketing Strategy - sponsored by the Malta Institute of Management
Aim: To award the team that prepares the best marketing strategy and at the end of the day actually carries it out.
Presented by: Louis Olivieri
Winner: PRO
Best use of Technology - sponsored by the Malta Council for Science and Technology
Aim: To award the team that makes the best use of technology, both in its product but also the team that uses technology as part of its management systems and communication.
Presented by: Giovanni Buttigieg
Winner: Spiral
Best Accounting Statements and Profitability - sponsored by the Malta Institute of Accountants
Aim: To award the team that presents the best financial statements according to international accounting standards, but also considering profit made by the company.
Presented by: Noel Zerafa
Winner: Maniark
School: Junior College
Product: Lap top stand
Description: Very practical to be used anywhere, just put it on your lap.
John Harper Award
Aim: Awarded each year for excellence and outstanding performance
Second category: Jon Vella from Sound Systems Ltd
Motivation: A sound engineer, Mr Vella has supported YEM all along its 20 years.
First category: Chris Cutugno and Bjorn Azzopardi from Think Design Ltd.
Motivation: Mr Cutugno and Mr Azzopardi are former Young Enterprise Malta participants who went on to put entrepreneurship in practice by successfully setting up their own IT company.