Cairo, Egypt, September 17th, 2009
- Samsung, a market leader and award-winning innovator in consumer electronics, along with their local partner Nahdet El Mahrousa (NM) are delighted to be holding the Samsung Real Dreams Awards ceremony on 28th September 2009.
The Samsung Real Dreams Awards will reward grant awards of total EGP 50,000 to 5 student groups based on their actual prototypes. The selected project are expected to be the seed for new business start-ups and other business projects that students could take on after graduation. All projects will be evaluated on the project’s scientific value (innovation), feasibility, relevance, research methodology as well as presentation, teamwork. Along with the prototype, a written essay on why the student group feels their project is significant and how they expect to benefit from the Samsung funding will be submitted.
“At Samsung, we are delighted to finally discover the top 15 projects, said M. Duke Park, Samsung Cairo Branch Manager. We truly hope that this award will be a platform for the 5 lucky teams to kick start their career. When you are freshly graduated, it always is a challenging time to get that first step on your career ladder. The Samsung Real Dreams Awards are here to offer that little extra help that can make the whole difference.”
The Samsung Real Dreams Awards is part of Samsung’s CSR initiative Samsung “Real Dreams” program. Samsung “Real Dreams” program aims to increase economic activity in the African region by promoting job skills and preparing young people for successful, long-term careers.
Prior to the awards, the participants will be narrowed down to 15 during an event held at the NM premises. During the awards, held at the Markaz Eadad El Qada, the lucky 15 participants will gather for two awareness lectures on Intellectual Property Rights and Commercialization & Venture capitalism, before the announcement of the lucky 5 winning teams. Each team will win a 10,000 L.E grant award.
The Samsung Real Dreams Awards is a national campaign offering grant awards to engineering students based on their innovative prototypes that aim at utilizing research, development and innovation in tackling challenges facing the Egyptian industry.
About Samsung Electronics Co. Ltd
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company consists of two business units: Digital Media & Communications and Device Solutions. Recognised as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
About Youth International Foundation
The International Youth Foundation (IYF) invests in the extraordinary potential of young people. Founded in 1990, IYF builds and maintains a worldwide community of businesses, governments, and civil society organisations committed to empowering youth to be healthy, productive, and engaged citizens. IYF programs ara catalysts of change that help young people obtain a quality education, gain employability skills, make healthy choices, and improve their communities. To learn more visit www.iyfnet.org.