The goal of this competition is to give young entrepreneurs a platform to present their ideas and develop their business idea. This platform also aims to develop the youth’s idea into reality through guidance and mentorship for the development of the entrepreneurial spirit which can contribute greatly to the positive development of young people and their communities.

join the YEC 2023 Finale!

Don’t miss this great opportunity and join us to begin your entrepreneurship journey today.

YB Tuan Gooi Zi Sen

Penang State EXCO for Youth, Sports & Health

Youth participation in entrepreneurship competitions foster innovation and empower young individuals to showcase their creative ideas and problem-solving skills on a competitive platform and impactful ventures. Youth Entrepreneurship Challenge (YEC) provides a valuable opportunity for networking, mentorship, and nurturing a culture of entrepreneurial excellence among the younger generation.

Dr. Gwee Sai Ling

General manager of penang youth development corporation (pydc)

PYDC is ready and committed to develop our youth in multiple aspects, including entrepreneurship. The Youth Entrepreneurship Challenge is one of PYDC’s annual flagship programmes and for YEC 2023, we aim to inspire and build up more entrepreneurial capacity within our youth.

YEC 2021

YEC 2022

Our 20 Finalists!

High School Category

Open Category

Objective

Foster and mentor youth to the path of entrepreneurship.

Inspire young entrepreneurs to be more competitive and dynamic with today’s innovation and technology.

Provide a platform for Youth to interact and share innovative business ideas besides developing their entrepreneurial ideas (in any field).

Provide exposure and opportunities for youth in gaining practical experience in entrepreneurship.

Organizer

Co-Organizers

Official Educational Partners

Official Sponsors

Official IT Sponsor

venue sponsors

Official Marketing Partners

Supported By

Supported By

CASH PRIZE

HIGH SCHOOL CATEGORY

RM 1
CHAMPION
RM 1
SECOND PLACE
RM 1
THIRD PLACE
RM 1
CONSOLATION
RM 1
CONSOLATION

OPEN
CATEGORY

RM 1
CHAMPION
RM 1
SECOND PLACE
RM 1
THIRD PLACE
RM 1
CONSOLATION
RM 1
CONSOLATION

Programme Timeline

Competition Schedule

23 March 2023 - 31 May 2023
Registration Period
23 March 2023 - 31 May 2023
30 June 2023
Submission Deadline for Business Plan Report
30 June 2023
1 July 2023 - 30 July 2023
Business Plan Evaluation by Judges (Preliminary Rounds)
1 July 2023 - 30 July 2023
1 August 2023
Announcement of Top 10 Finalists
1 August 2023
2 August 2023 - 2 September 2023
Mentoring Session for Top 10 Finalists
2 August 2023 - 2 September 2023
2 September 2023
Young Entrepreneurs Forum
2 September 2023
7 October 2023
Final Round and Closing Ceremony of YEC 2023
7 October 2023
Next Phase
Incubator & Accelerator Program
Next Phase

Join the Youth Entrepeneurship Challenge 2023 Forum!

Don’t miss this great opportunity and join us to begin your entrepreneurship journey today.

Preparatory Workshops

Business Model Canvas and Structure

10 June 2023
(10.00 AM - 12.30 PM)

Workshop has Ended

10 Essential Marketing Tools for Entrepreneurs

17 June 2023
(3.00 PM - 5.30 PM)

Workshop has Ended

Mastering Financial Management For Your Business

24 June 2023
(10.00 AM - 12.30 PM)

Workshop has Ended

From Ideas to Assets: Mastering Entrepreneurship and Intellectual Property

25 June 2023
(3.00 PM - 5.30 PM)

Workshop has Ended

Benefits

Download to find out further!

Download to find out further!

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