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· 4th year ESO students from IES Corbera de Llobregat, in Barcelona, have managed to win the title of 'best virtual entrepreneurs in Spain' after beating more than 300 young participants from all over the country this Friday in Madrid
· The runners-up were three young people from IES San Tomé de Freixeiro, from Vigo (Pontevedra); and in third place were three pre-university students from the IES Río Cabe, from Monforte de Lemos (Lugo)
· In fourth place, another team has qualified, made up of three pre-university students from IES San Tomé de Freixeiro, from Vigo (Pontevedra); and fifth place went to four students from IES Alto Guadiana, in Tomelloso (Ciudad Real)
· The winners have demonstrated that they have the best management skills and business vision by achieving the objective of positioning their company focused on personal care with maximum benefits compared to the rest of the competitors and have distributed more than 10,000 euros in prizes
· The 343 young people from all over Spain who have participated in this national final have become true managers by having to run their own virtual company with the use of an advanced business management simulator
Barcelona, April 19, 2024.- Barcelona residents Eric Zueras, Gael Parot and Biel Salazar, 4th year ESO students at IES Corbera de Llobregat in Barcelona, have managed to win the title of 'best virtual entrepreneurs in Spain' after winning to the 343 young people from 84 educational centers throughout Spain who have participated in Madrid in the thirteenth national final of Young Business Talents, the educational business simulation competition, organized by ABANCA, ESIC University, Herbalife and Praxis MMT, which seeks young people with business talent.
The winning team has proven to have the best management skills and optimal business vision by having to run their own virtual company with the use of an advanced business management simulator that has confronted them with real situations that occur within a company. In this way, they have managed to position their company focused on personal care, selling creams and sunscreens, with maximum benefits compared to the rest of the participating teams.
The runners-up were three young people from the 2nd year of Baccalaureate from IES San Tomé de Freixeiro, in Vigo (Pontevedra); and in third place were three pre-university students from the 1st year of Baccalaureate from the IES Río Cabe, from Monforte de Lemos (Lugo). For its part, in fourth place, another team from IES San Tomé de Freixeiro, from Vigo (Pontevedra), made up of three pre-university students from the 2nd year of Baccalaureate, has qualified; and fifth place went to four 2nd year Baccalaureate students from IES Alto Guadiana, in Tomelloso (Ciudad Real).
The five winning teams have distributed more than 10,000 euros in prizes among students and teachers, as well as accrediting diplomas that will help them improve their professional future. The celebration of the XIII national final of Young Business Talents, which takes place in an exciting Business Game format, in the purest American style, has brought together a total of 343 young people from 84 educational centers from all over Spain in La Nave from Madrid, all of them students in the 4th year of ESO, Baccalaureate and intermediate and higher level training cycles.
“We are surely facing the future CEOs who will lead the companies of our country. Both the winners and the more than 300 participants who have reached this national final after months of work, have demonstrated great qualities as entrepreneurs by carrying out brilliant business strategies with very good results. With this educational program we ensure that young people benefit from new learning tools that allow them to put into practice the theory learned in class in a playful way, while also helping them with guidance for their academic and professional future,” explains Mario. Martínez, director of Young Business Talents.
Young people have become true managers and have had to make the best decisions in the areas of marketing, sales, operations, production, human resources and finances, to position their virtual company as a leader and not fall into bankruptcy. To do this, they have had to define their business strategy taking into account the competition, demonstrate leadership skills, teamwork, good communication between them and great organizational skills.
With the celebration of this day, the final touch is put on a complete educational program for young people that incorporates experiential learning, in which a total of 11,441 pre-university students from 426 educational centers throughout Spain have participated throughout this course. Since it began in November and until they obtained a place in the national final, the students have been passing different phases online with the help of their teachers from the classrooms, and thus they have been able to live first-hand a laboratory experience without risks, to understand business management from within.
In this way, this business simulator allows them to practice making all types of decisions within a company: they analyze, plan, execute and control. So that they could participate, the educational centers have been given free of charge a sophisticated business simulator, developed by Praxis MMT and valued at more than 3,000 euros each, like those used in business schools, universities and large companies, so that they put into practice the theoretical knowledge of economics and business administration seen in classes
For more information: www.youngbusinesstalents.com
About ABANCA (www.abanca.com)
ABANCA is the leading financial institution in the northwest of Spain. It has 730 offices in 11 countries in Europe and America, 6,808 employees and a business volume of more than 113,018 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 institution located among the most solvent in the sector in Spain. Since 2015, it has been developing an extensive financial education program that includes activities aimed at improving people's financial knowledge, regardless of their age or the stage of life they are in. These initiatives reached more than 201,000 people last year and their collaboration with the Young Business Talents project falls within this framework.
About ESIC UNIVERSITY (www.esic.edu)
ESIC University is a higher education institution that trains in Marketing, Business and Technology, promoting the capacity for innovation and entrepreneurship among its students. To respond to all the training needs of both the professional and the company throughout their life cycle, ESIC University also relies on the Business School -ESIC Business
ESIC University collects the legacy built by ESIC since its foundation in 1965. Its purpose is to contribute to the transformation of people by training them in knowledge, training them in skills and raising awareness in values to respond to the current and future challenges of society.
The institution is present nationally in Madrid, Barcelona, Valencia, Zaragoza, Pamplona, Seville, Malaga, Granada and Bilbao, and internationally in Curitiba (Brazil) and Medellín (Colombia). In addition, it has strategic alliances with educational institutions in more than 45 countries on five continents.
About Herbalife (www.herbalife.es)
Herbalife is a global company 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 products, backed by science, that sell in more from 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 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.
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LETICIA GÓMEZ (600 90 56 48) - leticiagomez@europapress.es
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