| Zee Yusri |
A BUSINESS plan titled ‘NAKHODA Ragam Company’ presented by Muhammad Hafizul Asmee bin Jasni from Nakhoda Ragam Vocational School (SVNR) won the hearts of judges as he was crowned the winner of the Vocational and Technical Innovative and Creative Entrepreneurs Business Plan Awards 2014/2015 held at Radisson Hotel yesterday.
Hafizul received a cash prize of $1,000 as well as the winning trophy and certificate of participation.
Two other teams also presented their business plans during the final evaluation, which were ‘NK Drive Thru’ by students from Business School, which won the second prize of $800; and ‘FAM Cupcake Fantasy’ by Sultan Bolkiah Vocational School, which won the third prize of $600. Both teams also went home with trophies and certificates.
Present as the guest of honour was Dr Chin Wei Keh, Director of Technical Education, Institute of Brunei Technical Education (IBTE). Also present was Acting Principal of Business School, Haji Abdul Ishak bin Haji Idris, officers from Baiduri Bank Berhad, principals and deputy principals of vocational and technical institutions, head of sections at IBTE and other invited guests.
The business plan awards intended to cultivate a culture of entrepreneurship in the hearts and minds of vocational and technical students. The competition was evaluated based on several criteria focussing on business ideas and the viability of the businesses.
The competition also aimed to encourage innovative and creative ideas among student, as well as to inculcate an entrepreneurial mindset, to promote interest in entrepreneurship, to give opportunity to students to showcase their abilities and to enable students to put theory into practice.
The Vocational and Technical Innovative and Creative Entrepreneurs Business Plan Awards 2014/2015 is the first business plan competition organised by Business School and was open to students of all vocational and technical institutions. The event was sponsored by Baiduri Bank Berhad, Brunei Gas Carriers Sendirian Berhad, ZimacSilicon and Omic Enterprise.