SEEKING to empower the next generation of entrepreneurs through transformative digital solutions, Alibaba Business School launched the Alibaba Global E-Commerce Talent (GET) Global Challenge 2020.
The competition aims to help individuals, businesses and organisations worldwide to recover faster and stronger in the wake of the Covid-19 pandemic.
It will be held virtually in four phases across higher education institutions in 13 countries; the African continent, China, Colombia, France, Indonesia, Malaysia, Mexico, the Philippines, Russia, Serbia, South Korea, Thailand and Uzbekistan.
Six winning teams in the finals will receive business funding from Alibaba and be eligible for registration into the global GET talent bank, which will provide more support for their business endeavours.
The champion will also be granted a fully sponsored digital economy discovery trip to Alibaba’s headquarters in Hangzhou, China, including exclusive sessions with Alibaba GET Network trainers.
“The pandemic is fast-becoming a generation-defining moment, especially for the incoming class of talents.
“We have collectively risen to the occasion with digital tools invented and repurposed to limit and mitigate the difficulties faced.
“There is no better time to get our future talents to lend their creativity and digital savviness in helping the world to recover,” said Alibaba Group partner and vicepresident Zhang Yu.
Noting the importance digital transformation plays in reducing day-to-day struggles, improving work productivity and quality of life, Zhang said the group hopes the challenge will spur the creation of more life-changing solutions.
The competition will have a minimum of 100 teams with three to five members each competing.
The qualifying rounds will be held in Kuala Lumpur between June and August.
Qualified teams, Alibaba Group said in a statement, will receive training from its GET Network.
Coaching and reference materials based on modern case studies and learning assets will be provided during the training via Alibaba’s DingTalk live streaming sessions.
“These training sessions will be conducted by GET Network-certified experts, Alibaba-trained managers and eFounders who are regular instructors for the Alibaba Business School and its various existing digital training programmes,” the statement read.
Participants will also have the opportunity to deepen their knowledge on digital economy topics such as digital transformation, customer-centricity, start-up landscape and pitching for investment.
The top three teams who qualify for the finals, it added, will also receive one-on-one coaching sessions.
Three finalists from Malaysia, the group said, will face-off with 30 teams around the world virtually in the finals in the second half of August.
Teams will be judged on the innovativeness of their proposal, the ability to solve real-world problems, as well as the feasibility, sustainability, and scalability of their new ventures.
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