Supply Chain Finance Community Launches Global Student Challenge with €20,000 Prizes

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The Supply Chain Finance Community is launching the Global Student Challenge, an international competition which will identify the best student talents worldwide and connect them with the corporate sector. A cash prize of €20,000 and internships at major corporations are among the rewards for successful competitors.

The Supply Chain Finance Community for the 2nd year in a row is launching the Global Student Challenge, an international competition which will identify the best student talents worldwide and connect them with the corporate sector. A cash prize of €20,000 and internships at major corporations are among the rewards for successful competitors.

The first edition of the Global Student Challenge turned out to be a spectacular event. The winning team was crowned after a thrilling final in April 2015 and turned out to be IIM Bangalore from India. Fudan University from China and University of Dhaka from Bangladesh took second and third place. The participating student teams were extremely thankful for this opportunity and described it as an invaluable experience.

The Global Student Challenge addresses the need for knowledge and product development in the area of Supply Chain Finance (SCF) and attempts to bridge the gap between the academic world and the corporate sector. The Challenge is aimed at stimulating interaction between corporates, banks and knowledge institutions.

Starting today, participating student teams can join in three ‘qualifying rounds’ in a web-based version of the business simulation game The Cool Connection at http://www.globalstudentchallenge.org. Qualification is open until mid-October 2015. From November 2015, teams who qualify will, for a six week period, take part in three additional rounds of the simulation as they compete to become their nation’s winning team.

The Top 20 national winners will progress to the Supply Chain Finance Community Global Student Final in April 2016, where they will compete against the world’s best teams.

These teams, together with their professors, will be invited for a full week of Supply Chain Finance experience in The Netherlands. Travel and hotel expenses for the full week are covered and, for the winning teams, €20.000 in total cash prizes is available. Additionally, winning contestants have a chance to be enrolled into international internships with some of the world’s leading multinationals such as Philips, Heineken and Unilever.

The Supply Chain Finance Community is liaising with the Knowledge Distribution Centres (KDC) and the Dutch institute for Advanced Logistics (Dinalog) in The Netherlands to enhance the knowledge and applications of Supply Chain Finance. Dinalog and KDC play a crucial role in linking large research projects to the corporate and education sector.

For registration and more information, visit the Global Student Challenge website http://www.globalstudentchallenge.org

Notes for editors
The Global Student Challenge is organized by the SCF Community, a not-for profit organisation dedicated to sharing experience, best practice and new research on Supply Chain Finance. This interdisciplinary community bridges Finance, Treasury, Supply Chain Operations, Logistics and Procurement functions. The SCF Community was founded by universities and business schools from more than 25 countries and supported by a range of companies and banks. Its mission is to share the opportunities, challenges, benefits, costs, methodologies, tools and instruments of Supply Chain Finance. For further information, please see http://www.scfcommunity.org or http://www.dinalog.nl

Windesheim University of Applied Sciences is hosting the grand final of the student competition in April 2016. With 20,300 students, thousands of other study participants and more than 1,800 members of staff, Windesheim is one of the biggest universities of applied sciences in The Netherlands. Supply Chain Finance is one of the focus areas of the Strategic Entrepreneurship Research Centre and headed by Michiel Steeman, Professor of Supply Chain Finance. Please visit http://www.windesheiminternational.nl for more information.

The Cool Connection is a web based learning experience and business simulation launched by Inchainge B.V. with a focus on the connection between the physical and financial supply chain. Inchainge specializes in web based learning experiences including The Cool Connection and The Fresh Connection. Together with its partner network spanning all continents, its simulations are incorporated in the learning programs of companies, banks, universities and business schools around the globe. Please visit http://www.thecoolconnection.org or http://www.thefreshconnection.biz for more information.

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Mike Hewitt

Global Student Challenge support team
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