The Next Generation of Singaporean Entrepreneurs Advance to 2024 FedEx/JA ITC Regional Finals

Singapore, July 16, 2024 - Federal Express Corporation, one of the world's largest express transportation companies, announced the six winners of the 2024 FedEx/Junior Achievement International Trade Challenge (FedEx / JA ITC) Singapore finals. The winners will advance to the FedEx/JA ITC Asia Pacific finals to be held in August 2024.

For the past 17 years, FedEx has been working with Junior Achievement Singapore (JA Singapore) to foster the growth and development of Singaporean youth. Through the ITC program, FedEx and JA Singapore provide students with team activities and tailor-made workshops focused on global trade, paving the way for their future success as leaders of commerce.

The six students who will represent Singapore at the regional finals are:

1. Team: Loveable Farmers

   Names of students: Wesley Ng Yu De and Tan Kian Swee Isaac

   School: Eunoia Junior College

   Company name: EcoFlow Innovations
   Product presented : A showerhead combining optimal showering experience with water conservation, through AI integration and water flow varying mechanisms.

   Brand name: Shower Sage

2. Team: Trade Wizards

   Names of students: Boh Chue Er Shaine and Amanda Sim Wei Ni

   School: ITE College West

   Company name: Aqua Smart Technology

   Product presented: Advanced water conservation system integrating Greywater recycling and smart irrigation technology.
   Brand name: Eco Irrigate
   

3. Team: Combat Capybaras

   Names of students: Cheryl Lim Xin Yi and Clarisse Chee Qian Ying

   School: Raffles Institution

   Company name: Dew Drop

   Product presented: Smart eco-friendly gadget that empowers households to conserve water effortlessly.

   Brand name: Dynamic Drop

The upcoming regional finals will return to an in-person event for the first time since the pandemic. Taking place in Singapore in August, the Singaporean winners will compete with students from Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Philippines, Thailand, and Vietnam. Singaporean students will have a unique opportunity for collaborative brainstorming, exchanging ideas and insights, and engaging in constructive discussions with peers hailing from a rich tapestry of cultures from across the region.

This year, the students were challenged to develop a market entry strategy targeting Australia for a product centered around water conservation in urban areas. This project is timely and relevant as extreme heat has impacted Australian ecosystems and infrastructure.

"Through our FedEx Cares Global Entrepreneurship program, we are committed to nurturing the next generation of entrepreneurs and are proud to support this effort that helps create more possibilities for Singaporean youth," said Eric Tan, managing director of FedEx Singapore. "Our continued collaboration with Junior Achievement underscores our commitment to fostering innovation and supporting the growth of local businesses in Singapore. We remain dedicated to investing in future leaders, who will help shape our nation's economic success."

Since 2008, more than 6,300 Singaporean students have participated in the FedEx/JA ITC competition with 102 of them representing Singapore at the FedEx/JA ITC Regional Finals.

More information about the 2024 FedEx/JA ITC can be found on the JA Singapore website http://www.ja.org.sg.