Tenerife Students Compete for 'Best Virtual Entrepreneur' Title in Spain

Seven young students from CEO Andrés Orozco in Arafo, Santa Cruz de Tenerife, will travel to Madrid for the Young Business Talents national final.

Generic image of a hand interacting with a tablet displaying a business simulation.
IA

Generic image of a hand interacting with a tablet displaying a business simulation.

Seven students from CEO Andrés Orozco in Arafo, Santa Cruz de Tenerife, are preparing for the Young Business Talents national final in Madrid on April 17, where they will vie for the title of 'Best Virtual Entrepreneur' in Spain.

These young participants from Tenerife are among 340 students from 78 educational centers across the country who will take part in the fifteenth edition of this business simulation competition, organized by ABANCA and Praxis MMT. The final marks the culmination of an educational program that has involved over 11,000 pre-university students from 406 teaching centers.
During this decisive phase, participants, aged between 15 and 21, will transform into virtual company executives in the food sector, specifically dairy products. Using an advanced management simulator, they will make strategic decisions in areas such as marketing, sales, operations, production, human resources, and finance, aiming to achieve maximum profitability and position their company as the most competitive in the market.

"The Young Business Talents national final is a reflection of the talent, preparation, and commitment of thousands of young people who have participated throughout the competition."

Nuño Nogués · Director of Young Business Talents
Nuño Nogués, director of Young Business Talents, highlighted that the finalist students not only demonstrate business management knowledge but also crucial skills such as teamwork, decision-making, and strategic vision. He emphasized the importance of this experience in complementing theory with practice, preparing students more solidly for their professional future.
The winning teams will share over 10,000 euros in prizes, allocated to both students and teachers, in addition to receiving accredited diplomas. In previous editions, students from Tarragona lead the honors with four victories, followed by Pontevedra with three, and Barcelona with two. Madrid, Murcia, Córdoba, Castellón, and Valladolid have each secured a first-place finish once.