Participants of INJAZ Higher Education Student Company Course Competition
As part of INJAZ’ efforts to encourage entrepreneurship and increase work readiness among Jordanian youth, INJAZ conducted the annual “INJAZ Higher Education Student Company Course Competition”, sponsored by Boeing, Jordan Cement Factories, Greater Amman Municipality and Dar AlHandasah. The panel of judges included Mr. Maher Kaddoura, Mr. Osama Imseeh, Ms. Reem Eses, Ms. Lina Annab and Mr. Malek Haddad, to choose the Best Student Company 2011 and Best Student CEO 2011.
INJAZ’ company course provides students with hands-on entrepreneurial and business training, through starting an actual company. Under the supervision of the volunteer, students organize and register their own “student company”, allowing them to analyze and explore their personal opportunities and responsibilities. Students conduct market research, investment appraisal studies, and define the market needs. This enables them to explore and enrich their managerial skills and economic knowledge. At the end of the project timeframe, students liquidate the company, present a report, and divide the profits among the shareholders.
This year, 3 teams from 3 universities are competing to win INJAZ’ company competition. The student companies are “Legoo Furniture” Company from Petra Private university supervised by INJAZ’ volunteer Dr. Ali Alwazani, “Connect” company from Tafilah Technical University supervised by volunteer Mr. Abd Alkareem Jfoot and “Events Mn 2la5er” company from Jordan University – Aqaba supervised by volunteer Mr. Seemon Sameer.
Mr. Maher Kaddoura and Ms. Deema Bibi, INJAZ’ CEO, awarded "Events Mn 2la5er" the Best Student Company 2011 award and "Eman Lutfi" the Best Student CEO 2011 award and As consolation prizes, second and third place winners were linked to business incubators and awarded a monetary prize from Meydan and Imseeh Jewelry.
Ms. Bibi said: "It's very rewarding to see the impact the company course has had on the students and their great achievements during a short period of time, and to hear from them about their experience and how it improved their professional skills like management, planning, communication, presentation, problem solving and team work skills as well as their personal skills, most importantly believing in their potential and abilities to innovate and think creatively", "Entrepreneurship nowadays is encouraged and emphasized in the Jordanian economy as it directly decreases the unemployment rate and ensures market diversity. We at INJAZ along with our strategic partner in Company Course program the 'Ministry of Planning and International Cooperation', are optimistic about the upcoming three years and we’re expecting creative new ideas from our students".