The American Malaysian Chamber of Commerce (AMCHAM) introduced the Young Enterprise Program as a community service project in 1989.
The purpose of the program is to give 16 year old students an opportunity to become entrepreneurs, by creating and managing their own companies. In doing so, these future leaders will gain valuable skills in business acumen, teamwork, and other areas.
This worthy program has been running continuously for the past 26 years, benefiting more than 18,000 Malaysian students. AMCHAM remains committed to supporting and expanding this program to reach as many students as possible.
AMCHAM is a member of Junior Achievement Worldwide (JA), the world's largest organization dedicated to educating students on work readiness, entrepreneurship and financial literary through experiential, hands-on programs. In 2015, AMCHAM proudly announced the launch of JA Malaysia, which runs the Young Enterprise program.
 
What is Young Enterprise?
Young Enterprise is an innovative, extra-curricular activity for secondary school students who are selected to form a 'mini' company at school. The students, called "Achievers," learn to translate economic theories into real business, and to discover for themselves what enterprise really means. Achievers experience the complete business cycle, from capitalization to voluntary liquidation, gaining an understanding of basic economics and how business works.
They are also given the privilege of operating a real corporate bank account through a participating bank.
Twenty-five Achievers are selected from each participating school. They spend two hours a week with a team of advisors from their sponsor company, in order to learn how to run a business. The advisors neither instruct nor direct; they let the Achievers discover for themselves how to manage their own companies.
Achievers learn about their own abilities and skills, and gain better insights into career opportunities in the corporate world. Young Enterprise also encourages Achievers to communicate in English, further enhancing their ability to compete in today's fiercely-competitive global marketplace.
 
Program Features

Corporate Sponsors
Roles
The YE Program is driven by sponsor companies, which help to provide practical opportunities for students to gain an understanding of the role of an entrepreneur. Each sponsor company will provide at least four advisors, representing a broad cross-section of the various business disciplines (e.g., finance, administration, marketing, production, etc.)
Benefits
The YE Program will help create a better awareness and to foster a positive image of sponsor companies within the local community. Achievers will have the opportunity to learn about their advisors' organization and its products/services, while developing their leadership and team-building skills. The program will also give advisors an opportunity to engage with students and to share their corporate business experience with these young leaders.

Role of the Advisor
The advisors from the sponsor company may be appointed or can also be volunteers. It is not necessary to select a member of the senior management team as an advisor. Advisors should have good knowledge of his/her specific field or job, can communicate effectively, and enjoys interacting with young people. Advisors act as guides, helping the Achievers establish their companies. They also act as consultants, to advise the students and to help them interpret the reasons for the success or failure of their businesses.

Role of the Participating School and Teacher Advisor
At least one teacher must be appointed from each school which intends to work together with the respective corporate sponsors. These "Teacher Advisors" help to monitor the progress of the Achievers, and to handle any disciplinary issues which might arise.

Role of AMCHAM


Junior Achievement Worldwide

WHAT IS JA WORLDWIDE?
JA Worldwide® (Junior Achievement) is the world’s largest organization dedicated to educating students about work readiness, entrepreneurship and financial literacy through experiential, hands-on programs. Junior Achievement programs help prepare young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action, and help strengthen their communities.
A BRIEF HISTORY
Junior Achievement was founded in 1919 by Theodore Vail, president of American Telephone & Telegraph; Horace Moses, president of Strathmore Paper Co.; and Senator Murray Crane of Massachusetts. Its first program, JA Company Program, was offered to high school students on an after-school basis. In 1975, the organization entered the classroom with the introduction of Project Business for the middle grades. Over the last 30 years, JA has expanded its activities and broadened its scope to include in-school and after-school students.
PURPOSE 
JA Worldwide’s purpose is to inspire and prepare young people to succeed in a global economy.
PROGRAM REACH
JA Worldwide reaches 9.3 million students per year in 367,000 classrooms and afterschool locations. JA programs are taught by volunteers in inner cities, suburbs, and rural areas throughout the United States of America and in more than 123 countries around the world.
VOLUNTEERS
JA Worldwide’s 384,625 classroom volunteers around the world come from all walks of life and include business people, college students, parents, and retirees. These dedicated individuals are the backbone of the organization.
ORGANIZATIONAL OVERVIEW
JA Worldwide is headquartered in Colorado Springs, Colorado, USA. The Headquarters’ office provides strategic direction, leadership, and support to approximately 3,000 employees worldwide.
Local volunteer boards of directors comprised of business, education, and civic leaders set the policy and direction for each local office.