Working closely with local and international organizations; the YEC will focus on issues such as: capacity building, consulting, counseling and developing the local “Entrepreneurial Personality & Spirit”. Furthermore, the YEC will actively work on extending the intellectual wealth of Malaysia, and collaboration countries while maintaining strong links with the business community in general.
Entrepreneurs have a wonderful record of achievement. The great enterprises of today are almost, without exception, built on the foundations created from the vision, talent and drive of entrepreneurs. For example, the great retailers such as Walmart and Marks & Spencer, the major oil companies such as BP, and the leading consumer electronics business, Sony, are all founded by entrepreneurs of vision and energy.
Mission
The Young Entrepreneur Center is to support economic growth by providing an array of services in entrepreneurship development and technology commercialization.
Vision
An economic engine by which the country intellectual wealth can be uplifted a steady stages and a regional cornerstone for technology commercialization and entrepreneurship development.
Objective:
The Young Entrepreneur Center for Entrepreneurship is focusing on the following objectives:
- To evolve and expand into a comprehensive entrepreneurship enabler, involved in fostering creativity, incubating viable concepts, and facilitating the success of entrepreneurial ventures to a level that affects the cultural orientation of the community.
- To bridge the gap between academia, business and government in the entrepreneurial arena and increase knowledge transfer in all directions.
- To facilitate the country and the region’s economic diversification through promoting applied research and technology transfer.
- Bring the benefits of commercializing knowledge to national technology entrepreneurs and to the local economies in general.
- To provide an educational platform for aspiring and practicing entrepreneurs through added value programs aimed at strengthening their technical and soft skills in order to help them develop more productive, profitable and growth-oriented businesses.
- To promote healthy business cultures.
Values:
The Young Entrepreneur Center for Entrepreneurship believes and adopts the following values:
- The private sector is the closest to market forces. Thus, it must have the lead in deciding the strategic path of the center.
- We will not reinvent the wheel. We will adopt better international practices and customize them to fit local needs.
- When it comes to funding business start ups, loans are not the best option. We will seek the support of angel investors.
- We believe that in kind support is of greater value to entrepreneurs.
- We will work and cooperate with the best in the field both locally & internationally.
- We will encourage innovation creativity and risk taking
- Recognize team work as pillar towards creating a healthy business culture.
