On Saturday 13th May, Flair, a JAYE Company won the coveted Company of the Year award at the annual HSBC Company Programme Finals and Awards ceremony presented by Junior Achievement Young Enterprise Malta Foundation at the Grand Master’s Suite, Hilton Portomaso in St Julian’s. Flair will now represent Malta at the JA Europe Company of the Year Finals where they will compete with forty other youth-led mini-companies in Brussels between the 11th and 13th of July.
The Finals and Awards ceremony rewards participants from post-secondary schools for their efforts during the seven-month programme that immerses participants in the world of business through the setting-up of their own mini-company, where they raise share capital, launch and market their idea, and distribute dividends. This year 16 teams from 24th December Libyan School, De La Salle College, G. F. Abela Junior College, Giovanni Curmi Higher Secondary School, M. A. Refalo Sixth Form in Gozo, MCAST Institute of Business and Commerce, St. Aloysius College, St. Martin’s College, and Verdala International School participated.
Throughout the programme, the JAYE Companies were judged at various stages and apart from competing for the title of HSBC Company of the Year, they were also assessed on different business principles vying for the 8 signature awards generously sponsored by a number of leading local and international corporations.
This year the signature awards were awarded to the following JAYE mini-companies:
The Best Business Plan Award supported by Deloitte – Won by Charge, St Martin’s College.
The Best Presented Financial Statements Award supported by Deloitte – Won by Gravity, De La Salle College.
The Best Presentation and Use of Communications Platforms Award supported by MCA – Won by Metric, G. F. Abela Junior College.
The Best HR & Operations Award supported by Farsons – Won by Millennial, De La Salle College.
The Best Implementation of Marketing & Sales Strategies Award supported by CIM – Won by Flair, De La Salle College.
The Social Enterprise Award supported by Microsoft Malta – Won by Flair, De La Salle College.
The Excellence in Quality Award supported by EFQ Management Consultants – Won by Charge, St Martin’s College.
The Philip Bonnet Award for Perseverance awarded by JAYE Malta Board – Won by Gozode, M. A. Refalo Sixth Form.
The 6 finalists vying for the HSBC Company of the Year Award were Metric from G. F. Abela Junior College, Flair, Gravity, and Millennial from De La Salle College, Lunars from Giovanni Curmi Higher Secondary School, and Charge from St Martin’s College. From these finalists, Flair’s A-Cards won them the HSBC Company of the Year Award for aiding students in advancing their formal education through the use of flashcards. First runners-up were Charge who self-designed and 3-D printed a range of mobile and tablet cable protectors called Cable Aids. Second runners-up were Metric with their product Jarful, a youth-oriented series of recycled jars filled with handy necessities for a night in with friends, study periods and remembering precious memories.
Separately from these awards, Mr David Pace was also recognised with the John Harper Award by the Chairperson and Board Members for continuous commitment and contribution towards the organisation.
During the ceremony, a number of paid summer internships were awarded to participants who excelled in particular fields. On presenting the awards, both HSBC Bank Malta and Deloitte Malta emphasised the value of hands-on, experiential learning offered to youth through the JAYE Company Programme in preparation for ‘life after school’. As Main Corporate and Programme sponsors respectively, industry support to such initiatives are crucial to the development of a workforce that is capable of addressing the needs of a modern economy. The selected students for the HSBC internships were Martina Grech from De La Salle College, Carla Cassano from MCAST, Therese Dimech G. F. Abela Junior College, Diandra Attard and Luke Bezzina, both from St Aloysius’ College, and Jiawen Shi from Verdala International School; the selected students chosen for the Deloitte internships were Anthea Schembri from Gravity, and Mikela Camilleri from Millennial, both from De La Salle College.
By encouraging students aged 16 – 19 to run their own companies, the Company Programme not only gives them valuable experience but also brings out skills which will serve them well in their future working life; these include development of personal skills, team spirit, knowledge and understanding of how businesses function, together with the responsibility to persevere in the face of adversity and unexpected challenges. Many alumni of this programme have taken stock of lessons learnt and continued their careers to set up their own business as a result of their involvement with the organisation.
Learning by doing is the principal by which all students should develop their careers and is the main focus of JAYE Malta. The organisation offers several programmes starting at Primary and ending at Tertiary level. This, based on a progression model, helps students with their career development beyond the traditional textbook and schoolroom education by facing real-life working situations which few experience outside this programme.
JAYE Malta would like to congratulate all Company Programme participants for reaching this milestone at their tender age.
For further information about the programme, please visit website: www.jayemalta.org