Competition to address business, green concerns

(From left) Leaderonomics chief operating officer Ang Hui Ming, Kornreich and Taibi launch the Alliance Bank Eco-Biz Dream Project.

STUDENTS from 20 local universities can participate in the Alliance Bank Eco-Biz Dream Project to showcase their practical business proposition that addresses environmental concerns.

Organised by Alliance Bank Malaysia Berhad (Alliance Bank), the challenge is open to all Foundation, Diploma, A-levels and undergraduates students of selected universities.

In total, there are five cash prizes to be won. The champions of the challenge will receive RM10,000 followed by RM5,000 and RM3,000 for the runners-up and second runners-up, respectively. There are also two consolation prizes worth RM1,000 up for grabs.

To help students with their propositions, Alliance Bank will be hosting two-hour Design Thinking workshops at partcipating universities. Teams of four to five members will have until Dec 2 to submit an introduction video, which includes their one-minute business pitch.

From this, five teams will be selected to attend additional workshops on intermediate design thinking, before they make their final pitch to the judges in January 2017.

On the judging panel are Malaysian Environmental NGOs president Yasmin Rasyid, GreenTech Ideas Lab Sdn Bhd acting CEO Wan Faizal Mohd Anwar, Centre for Environment, Technology & Development Malaysia (CETDEM) chairman and founding executive director Gurmit Singh and Alliance Bank group chief marketing officer Giuseppe Taibi.

“We cannot be complacent about our environment. There should be an urgency to create sustainable solutions that can help address environmental concerns,” said Alliance Bank Group CEO Joel Kornreich during the project launch.

“The Eco-Biz Dream Project is one such initiative by the bank to tap into today’s youth’s creativity and can-do attitudes.

“To help the students with their business propositions, we are also conducting design thinking coaching in the hopes that the solutions proposed will be practical and sustainable,” he added.

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