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Young entrepreneurs thrive during competition

THE city's annual university student survival competition was concluded in Jiangxi Province earlier this month, and officials said the contestants did better than those in previous versions.

Eighteen students of East China University of Science and Technology went to Nanchang, the provincial capital, to take part in a competition to start a business. Each student was given only 300 yuan (US$47).

After nine days, the six teams selected from 400 candidate groups not only managed to earn a living, but also established their own businesses.

The best team earned 1,978 yuan. The second-place team earned 1,934 yuan and the third earned 1,714 yuan. The other three teams all earned hundreds of yuan.

The champion team, "Seven," persuaded Heng'an Group Co Ltd to sponsor their art shows in a local community to promote the Seventh National City Games, which will be held in Nanchang in October.

The firm offered 6,000 yuan as the event budget and gave students 2,700 yuan in reward. The community agreed to lend them the space for the show for free and many residents contributed performances for the show.

Team leader Song Dianpu is a student association leader who had previous experience launching shows. But he said holding the out-of-town event was much more difficult.

"We stayed up late and only slept three hours a day while preparing for the event," Song said.

Team " 361" earned 1,714 yuan by selling packed meals to students in the New Oriental Education Center.

"It's too hot in Nanchang," said team member Bi Changjiang. "Students are not willing to go out."

They booked lunches for around 5 yuan per meal from nearby restaurants and sold them to the students at 7 yuan per meal. They sold about 100 lunches daily. They delivered the meals to the classroom.




 

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