Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


FedEx inspires next-gen entrepreneurs

FedEx Reaffirms its Commitment to Inspire the Next Generation of Entrepreneurs in New Zealand

– Program aims to educate young people about entrepreneurship, teamwork and global trade –

Auckland, New Zealand, June 10, 2010 - This weekend FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, will help bring together 72 of New Zealand’s outstanding high school students to compete in the first stage of the FedEx/Junior Achievement International Trade Challenge (ITC).

The students are at the start of a journey to select the final six students to represent New Zealand on the world stage in Singapore for the international ITC, defending the regional title and second place that New Zealand students achieved in the 2009 FedEx/Junior Achievement International Trade Challenge.

An initiative of FedEx and Junior Achievement, the ITC aims to educate and inspire young people in eight Asia-Pacific countries to understand how entrepreneurship can improve the quality of their lives and communities. The ITC is now in its fourth year and this is the second year that FedEx Express is sponsoring the ITC in New Zealand.

Through the FedEx International Trade Challenge, students gain first-hand experience of world trade, enhance their knowledge of product distribution, promotion and sales and develop traits of competition, teamwork, risk-taking and self-confidence.

On Sunday June 13, the 72 students will compete in the New Zealand regional heat of the FedEx/Junior Achievement International Trade Challenge. The two-day enterprise event will be opened by Hon Paula Bennett, Minister of Social Development, at Massey University’s Albany Campus.

Rhicke Jennings, Managing Director, FedEx Australasia says the FedEx International Trade Challenge regional heat is about connecting people with ideas. “FedEx New Zealand wants to support and foster our next generation of trade and business entrepreneurs through the International Trade Challenge.”

“Our aim with this regional challenge is to give all the students an understanding of the opportunities that international trade between countries can provide. New Zealanders have always prided themselves on being innovative and the International Trade Challenge enables budding young entrepreneurs to get a head start and an understanding of business on a global stage.”

“We’re looking forward to the fresh and exciting ideas that these 72 innovative young minds can work together to develop and hopefully New Zealand will take the title for the second year in a row!”

The judges will be looking for concise business plans and well-constructed presentations that demonstrate each team’s chosen product and international market entry strategies.

At the conclusion of this first stage of the ITC, 10 outstanding students will be selected from the pool of 72 to participate in the FedEx ITC Workshop in July. This intensive workshop will further hone their skills and understanding of global trade and business, and from this, the final six will be selected as the New Zealand representatives in the international FedEx/Junior Achievement ITC in Singapore this August.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Maritime Union: Deepening Supply Chain Crisis Requires Action

Maritime Union of New Zealand National Secretary Craig Harrison says the global COVID-19 pandemic exposed pre-existing weaknesses in our logistics sector, and created enormous problems... More>>

Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Mercury: Enters Into Binding Agreements To Acquire Trustpower’s Retail Business

Mercury NZ Limited (Mercury) has announced that it has entered into binding agreements with Trustpower Limited (Trustpower, NZX:TPW) to acquire Trustpower’s retail business for NZ$441 million... More>>


ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>