MGM Youth Entrepreneurs

“MYEIC x MGM Young Entrepreneur Nurturing Program”

MGM Macau elevates the competitiveness of youth entrepreneurship with the “MYEIC x MGM Young Entrepreneur Nurturing Program”
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Co-organized by MGM, Parafuturo de Macau (PFM Macau) and Macao Young Entrepreneur Incubation Centre (MYEIC), the “MYEIC x MGM Young Entrepreneur Nurturing Program”, was officially launched yesterday. This two-year program offers participants a series of professional guidance through mentorship with industry professionals, with the aim to enhance business skills, professional knowledge and competitiveness of young entrepreneurs, which would be much beneficial to push forward the launch of their business projects.

The launching ceremony took place yesterday (June 29) at the Ballroom of MGM MACAU. With a participation of nearly 70 young entrepreneurs and representatives of local small and medium enterprises (SME), the ceremony was officiated by Kenneth Feng, President of MGM China Holdings Limited; Chui Sai Peng, CEO of PFM Macau and Chairman of MYEIC; Zhang Jian Hua, Assistant Director-General of the Department of Economic Affairs of the Liaison Office of the Central People’s Government in the Macao Special Administrative Region; Walter Yau, Head of Economic Activities Development Department of the Economic Bureau; Joe Chan, Senior Manager of Investor Service Department of Macao Trade and Investment Promotion Institute;Antonio Chui, Vice President of Board of Directors of Macao Chamber of Commerce; Shuen Ka Hung, Director-General of the Macau Productivity and Technology Transfer Center; and Lam Ka Vai, CEO of MYEIC. 

Kenneth Feng said in his opening speech, “MGM has been striving to enhance the skills and professionalism of local SMEs. This collaboration with PFM Macau and MYEIC allows us to utilize our existing resources and platform, so that we can practically share the purchasing needs and future directions of a large enterprise with young entrepreneurs. In this way, we can help them to search for the right strategies to connect with the market which we hope will ultimately transform our local creativities into new forms of industry.”

Chui Sai Peng said, “We truly understand the aspiration shared by every entrepreneur, which is to enter into the market with their business projects. After the successful launch of ‘MYEIC Pro Q Alliance x MGM’, a series of road shows and business matching sessions connecting entrepreneurs of startups with large enterprises, we then signed a Strategic Cooperation Agreement with MGM to commence with this ‘MYEIC x MGM Young Entrepreneur Nurturing Program’. The Program features 8 rounds of professional mentorship training programs to young entrepreneurs, where they will be exposed to the actual needs of large enterprises as well as industry standards and prep themselves ahead of their peers. MYEIC will continue to act as the bridge between the young entrepreneurs and the industries, so that we can lay the pathway for the success of our young entrepreneurs.” 

The two-year “MYEIC x MGM Young Entrepreneur Nurturing Program” will be divided into 8 rounds of professional mentorship training programs, featuring various areas such as branding and marketing, information technology, human resources, hotel operations and purchasing. Each of these training programs will be arranged by senior management of the related field to provide tailored guidance. The Program is also enriched with other activities such as on-site inspections, back-of-house visits and business matching sessions. Interested enterprises or young entrepreneurs may apply to join via MYEIC. 

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