Shopee Holds Young Entrepreneur Program

Singapore-based marketplace company, Shopee, has been holding Young Entrepreneur Program. The program–which has been started from March 2016–is carried out to find Indonesia’s new young business talents.

“Some 230 students have been participating in the program,” said Chris Feng Shopee’s CEO on Wednesday in Indonesia Convention Exhibition, BSD, Tangerang.

The student only event has been participated by 89 universities from 19 cities in Indonesia. It has been held by Shopee to encourage more youth to get involved in business or to become entrepreneurs.

According to Chris, when starting a business young entrepreneurs are faced with three challenges, namely business knowledge, technology and capital. To face the challenges, Shopee is determined to help them by establishing Campus Competition and Shopee University.

Shopee provides photography and digital marketing classes to enhance business knowledge. Whereas to tackle capital issue, Shopee is holding a competition with a commitment value of Rp100 billion.

The Rp100 billion fund is used for investment of trainings and capital aid. It will also be used to help young entrepreneurs to develop online businesses.

“We have selected three candidates to win a prize of capital aid,” Chirs said. The three candidates will be judged and the winner will be announced end of April.