MGM Macau finishes two-year entrepreneurship incubation scheme

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MGM Macau completed a two-year incubation program jointly organized with the Macau Young Entrepreneur Incubation Center (MYEIC) and its Parafuturo de Macau administrative unit.

In a recognition ceremony held yesterday, the gaming group recognized 10 startups who introduced feasible and innovative business solutions into the company through the program.

The program itself offered eight mentoring sessions that covered a wide range of business practices including branding and marketing, information technology, customer service, standards for the service of food and beverages, talent development and management, hotel operations, procurement standards, and on-site inspections. Back-of-house visits and business matching sessions.

A joint session was also held where the founder of the Yorkshire Online Academy, Wong Man Teng, and the founder of the MBOX, Lap Chan, were invited to share their experiences in the program.

Lam Ka Vai, CEO of MYEIC, stated in the announced program that program participants have been able to identify customers’ needs and demonstrate their market value.

He also hoped that this funding program would further boost collaboration between different companies and encourage the growth of more young entrepreneurs.