Press release by Khmer Times
Chhy Sokuntevy of KIT Institute has made the Kingdom proud with her winning the EO Global Student Entrepreneur Awards (GSEA), the premier global competition for students who own and operate a business that concluded recently for this year.
Sokuntevy is set to represent Cambodia at the Global GSEA Competition. For this award, nominees will compete against their peers from around the world in a series of local and national competitions in hopes to qualify for the GSEA Global Finals.
GSEA supports student entrepreneurs who require much-needed mentorship, recognition, and connections to take their businesses to the next level of success. EO Cambodia organised the 2nd year National GSEA Competition on December 11.Five students who were shortlisted, qualified for this year’s final competition and to help the student entrepreneurs have a better final presentation, GSEA chairperson Dan Lim provided each student with a mentor for one month before their competition to help them with their final pitch.
The final KIT student entrepreneurs were Sokuntevy, E-Lab; Sath Sovireak, Casstack; Kim Sereyroath, Coin Cloud; Chea Kimmunyvorn, QUADUSK; and Meas Samnang, Faith Coffee, from LSI business School. Sokuntevy also won herself a six-month rental-free office space sponsored by Designet.
In addition, Dan Lim and Dr Trevor will provide her with six months of mentorship to help her to grow her business to the next level. At the GSEA Global Finals, students compete for a total prize package of $50,000 in cash, with first-place receiving $25,000.
All travel and lodging expenses are also covered. The second-place finisher will receive $10,000 and third place, $5,000. Additional awards are given at the Global Finals for Social Impact, Innovation, and Lessons from the Edge.
The three judges for this competition were Hay Lyaun, General Manager of S&P Consulting & Advisory service; Chrek Soknim, President of CVEA; and Ieng Se, CEO of ATech Group Co Ltd. They focused on the students’ entrepreneurship as the main criteria followed by their business model.
The five mentors that helped the students with the final presentation were Hoem Seiha; Sar Kinal; Ping Serey; Trevor Suter; and Siet Sisopheak. The finals were held in the boardroom of Zillion United, which was also the sponsor for the venue of the event.