Youth business projects rewarded by TÜSİAD

ISTANBUL – Hürriyet Daily News

The top three projects of ‘Bu Gençlikte İŞ Var!’ contest received their awards in a ceremony organized by TÜSİAD.

Turkey’s leading business organization TÜSİAD has honored the most successful entrepreneurship projects in the framework of the “Bu Gençlikte İŞ Var!” (There Is WORK With This Youth!) project.

The Turkish Industrialists’ and Businessmen’s Association (TÜSİAD) launched the “Bu Gençlikte İŞ Var!” project in 2011 to evaluate and support new ideas in entrepreneurship from universities. While only two universities attended the contest two years ago, the number reached 71 this year with 505 business ideas. After receiving all application the contest jury selected 25 projects. Every single project group was assigned a TÜSİAD member as a mentor in the process of developing their projects.

The top three projects received their awards in a ceremony organized by TÜSİAD in Istanbul yesterday.

“S&S” project form Ankara University won the grand prize with their environmentally-friendly project, while “Window-shop Productivity Analysis” project Kocaeli University and Başkent University came in second place and “Robandroid” project (a security robot) came third.

TÜSİAD Vice-President Tayfun Beyazıt said a young and dynamic population was the main factor for growing and developing Turkey’s economy, during the ceremony. He noted that TÜSİAD’s biggest contribution to this project was the guidance of its members he added.

The winning project aimed to produce a slipper for single use that would be made of composite materials including nature-soluble polylactic acid (PLA) along with producing a bed cover, pillow slip and stretcher cover made from non-woven PLA fabric.

The projects will be supported, according to their rank, for one year with virtual office service (sponsored by Regus), free financial consultancy, legal consultancy and a cash reward.