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Qatar's INJAZ Young Entrepreneurs Competition

ExxonMobil recognizes the importance of educating and mentoring youth.

In several Middle Eastern and North African countries — including Egypt, Kuwait, Qatar and the United Arab Emirates — ExxonMobil supports INJAZ al-Arab, a nongovernmental organization that promotes collaboration between corporate volunteers and ministries of education. These two entities work to prepare Arab youth for work and train them in financial literacy and entrepreneurship. ExxonMobil provides both financial support and employee volunteers who share their professional experiences and skills by mentoring students at local schools and universities.

The Young Entrepreneurs Competition (YEC) is the culmination of the globally recognized Junior Achievement and INJAZ Company Program. The 2012 YEC held in in Doha, Qatar, is a two-day event that brought together student teams from 13 countries across the region. Participants experienced the full life cycle of a company by establishing a board, raising capital, developing a business plan and producing and selling their products and services in a competition against other student-led companies.

The teams compete for five awards: Best Company of the Year, Best Marketing Plan, Best Social Impact Award, Most Innovative Product and the Access Award. These were presented at a gala event, under the patronage of the Qatar Foundation, at the Museum of Islamic Art in Doha. ExxonMobil Qatar was a platinum sponsor of the event.