MRIDA, 17 (EUROPA PRESS)
The national final of the twelfth edition of the Young Business Talents business simulation educational program will bring together on April 28 at La Nave in Madrid a total of thirteen young people from three educational centers in Extremadura who will have to fight for the title of ‘best virtual entrepreneur of the country, in a contest in Business Game format, organized by Abanca, ESIC, Herbalife and Praxis MMT.
Extremadurans, students of 4 ESO, Baccalaureate or intermediate or higher grade training cycles, will have to compete against a total of 346 young people from 79 educational centers throughout Spain who have reached the national final.
Of the thirteen participants from Extremadura, six are from IES Pedro de Valdivia and three from IES Rodríguez Monio from Badajoz, while the other four are representing IES Norba Caesarina from Cáceres.
The autonomous communities that will have the largest number of participants in the final are Catalua with 48 students, Andaluca with 46, Galicia (42), Castilla and Len (38), Comunidad de Madrid (34) and Comunidad Valenciana with 30 representatives.
During the day of the national final, the young aspiring best entrepreneurs will have to demonstrate their entrepreneurial talent and management skills by having to run their own virtual company using an advanced business management simulator. In this way, they will become authentic managers and experience first-hand how day-to-day life is lived within a company.
In order to be winners, the participants will have to obtain the maximum benefits for the food company they run and make it the most prosperous compared to other competitors, the organization of the contest has reported in a press release.
To do this, they will have to make the best decisions in real time related to the management of the company and not go bankrupt, which will be the same as managers in real companies: define the business strategy, take into account the competition, the changes in the market and different variables, as well as managing different areas such as marketing, finance, production or human resources.
“Thanks to this educational program, which has the format of a competition in the purest American style, thousands of young people have had the opportunity to experience what it is like to manage a company in real life. An innovative formula for living up close the business world in a playful way that complements the theoretical training they receive in the classroom, and that benefits them for their educational development and future employment”, explained the director of Young Business Talents, Mario Martínez.
The 346 young people who have obtained a place in the final have had to overcome a total of 10,634 students from 389 educational centers throughout Spain who have participated in this edition.
Since this business education training program began in November, all the young people have been competing virtually from the classroom and with the help of their teachers, overcoming different phases online.
So that they could participate, a sophisticated business simulator, developed by Praxis MMT, with a value of more than 3,000 euros each, has been provided free of charge to the schools.
The teams that win next April 28 in the twelfth national final of Young Business Talents will distribute more than 11,000 euros in prizes among students and teachers, as well as accrediting diplomas.
During the last edition, three Galician students of the IES San Tom de Freixeiro de Pontevedra, achieved victory after winning the month of 300 aspirants from all over Spain.
