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Follow on Google News | 15 student teams move to final round of ‘2014 Business for Better’ competitionShortlisted teams to present their business plans in front of distinguished panel of judges
By: Orient Planet The competition, which is organized by Western Union Financial Services Inc., a leader in global payment services and Al Ansari Exchange, a UAE-based foreign exchange and worldwide money transfer company, is set to award the top three teams with scholarships worth up to AED 285,000. This year’s panel of judges is made up of leading experts from the UAE’s corporate segment. Judges include; Rashed Al Ansari, General Manager, Al Ansari Exchange; Hatem Sleiman, Regional Vice President, Western Union; Imad Ghandour, Founder & Managing Director, CedarBridge Partners; Lisa Labonte, Founder & Chief Executive Officer, Arab Youth Venture Foundation; Alexandar Williams, Director for Strategy & Policy, Mohammed Bin Rashid Establishment for SME Development and Nina Curley, Journalist & Media Strategist / Editor-in-Chief, Wamda Shortlisted teams will be facing the judges on May 31, 2014 to explain their business plans in length along with an accompanying slide show presentation. Judges will be judging the presentations according to the following criteria—originality of the idea, concept behind the idea and its business description, proposed implementation and methodology and financial planning and their corresponding budgets. The 'Business for Better' competition was launched in 2011 during the celebration of the 15th anniversary of the strategic affiliation between Al Ansari and Western Union. The yearly contest is in line with the two leading companies’ social goal to give back to the community by assisting university students in their education. It also aims to provide a platform for the two organizations to collaborate with and discover talented young people who are capable of developing business ideas that are both sustainable and profitable. End
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