ANNOUNCEMENT: The search for young people who want to become the best virtual entrepreneurs in the country begins

Madrid, October 18, 2022.

ANNOUNCEMENT: The search for young people who want to become the best virtual entrepreneurs in the country begins

Madrid, October 18, 2022.- The Young Business Talents educational business simulation program has begun the registration period to search for young students with business talent who want to participate in the twelfth edition of its Business Game contest and compete for the title of 'best virtual entrepreneur in the country'.

This initiative, organized by ABANCA, ESIC, Herbalife Nutrition and Praxis MMT, gives thousands of students from all over Spain the opportunity to immerse themselves in an innovative and exclusive educational experience, which allows them to experience business management first-hand, becoming authentic managers having to run his own company on the Internet with the use of an advanced business management simulator valued at more than 3,000 euros.

During the last edition, a total of 10,423 students from 392 educational centers from all over Spain participated, being Andalusia with 1,692 students, Catalonia with 1,605, Galicia with 1,369, Valencian Community with 1,083 and Murcia with 848 students, the autonomous communities that had the most representation ; and finally, three students from the IES San Tomé de Freixeiro in Pontevedra, were proclaimed winners of the competition.

“This unique gamification project in Spain allows students to gain experience through practice. Young people immerse themselves in an environment that simulates the real experience of what is experienced on a day-to-day basis when managing a company, so that they can experiment and reflect on the decisions they make, without fear of making mistakes and learning from mistakes. An opportunity that allows them to understand the theory and apply it, learn in a playful way, add value to their CV, and help guide them towards their future”, explains Mario Martínez, director of Young Business Talents.

Participating educational centers will receive free business management simulators, the same ones used in universities, business schools and leading companies. In this way, they will be able to put into practice the use of this exclusive tool, developed by the company Praxis MMT, in their classes, becoming an opportunity that both students, teachers and educational centers can benefit from, to make their classes more attractive.

The period to participate will remain open until October 31, and is intended for students in the 4th year of ESO, Baccalaureate or intermediate or higher level training cycles, from any Spanish educational center, aged between 15 and 21 years. Among the best teams, more than 11,000 euros will be distributed in prizes between students and teachers, as well as accrediting diplomas.

After the inscriptions, the Business Game will begin and the young people will have to compete online from the classrooms and with the help of their teachers, in different eliminatory phases between the months of November to March, to get a place in the national final that will have place next April in person.

For more information: www.youngbusinesstalents.com

About ABANCA (www.abanca.com)

ABANCA is the leading financial institution in northwestern Spain. It has 678 offices in 11 countries in Europe and America, more than 6,000 employees and a turnover of more than 110,000 million euros. Its differential proposal combines personal attention with operations through digital and remote channels. ABANCA bases its activity on knowledge of customer needs and on a catalog of simple, innovative and transparent products and services. Specialization, internationalization and sustainability are other hallmarks of a financial entity that is among the most solvent in the sector in Spain. Since 2015, it has developed an extensive financial education program that includes activities aimed at improving the financial knowledge of people, regardless of their age or the stage of life in which they find themselves. These initiatives reached more than 130,000 people last year and its collaboration with the Young Business Talents project falls within this framework.

About ESIC (www.esic.edu)

ESIC is a Higher Education institution founded in 1965, expert in training in Marketing, Management and Technology, fostering the capacity for innovation and entrepreneurship. Through its areas of activity -Undergraduate, Postgraduate, Corporate Education, Online Training, ESIC Vocational Training Center, Editorial and Languages-, it contributes to the training of people in knowledge, training them with skills and sensitizing them in values ​​to respond to the current challenges of the business world at all levels. Its centers are located in Madrid, Barcelona, ​​Valencia, Seville, Zaragoza, Malaga, Pamplona, ​​Bilbao, Granada. In addition, it has strategic alliances in all continents.

About Herbalife Nutrition (www.herbalife.es)

Herbalife Nutrition is a global company that has been dedicated to changing people's lives with quality nutritional products and a business opportunity for its independent distributors since 1980. The company offers high-quality, science-backed products sold in more than 90 countries by independent distributors, who provide personalized training to inspire their customers to adopt a healthier and more active lifestyle. Through its global campaign to end hunger, Herbalife Nutrition is also committed to bringing nutrition and education to communities around the world.

About Praxis MMT (www.praxismmt.com)

Praxis MMT is one of the world's leading companies in the development of simulators and advanced training methodologies. Praxis MMT develops third generation simulators that accurately emulate markets.

YOUNG BUSINESS TALENTS COMMUNICATION AGENCY:

europa press Communication - 91 359 26 00

LETICIA GOMEZ (600 90 56 48) - leticiagomez@europapress.es

SILVIA MULLOR (666 43 32 77) - silviamullor@europapress.es

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