Hungarians graduate from American entrepreneur course

The winning project, prepared by the team ‘CitySolve’, makes it possible for tourists to “get acquainted with the real Budapest. Clients may find themselves in the everyday life of local people, get to know their customs, their favorite places and the hidden treasures of the city outsiders would not be able to discover for themselves.”

The second-placed team ‘MyVision’ plans to market in Hungary a safety device – manufactured in Asia – that makes it possible for drivers to see better under unfavorable circumstances and also helps to prevent accidents.

The third place went to the team ‘GreenCab’ that would establish a taxi company with electric cars. The prize for the top three individual competitors is a trip to Buffalo, N.Y., in the United States.

Organized by the ‘With well-trained youth for the future! – MICE program foundation”, the course features topics like the foundations of conducting business, the ethical and moral considerations in decision-making, the identification of business opportunities and consumer needs, the process of market analysis, ownership, relationship with the employees, start-up equity, accounting, cash-flow, technological and human aspects, strategic planning or the building of sustainable competitive advantage.

MICE stands for the non-profit foundation Mészáros International Center for Entrepreneurship, which concentrates on delivering ethical entrepreneur training programs to high school students. It was set up by retired Hungarian-born American businessman László Mészáros who wishes “to return something” to his native Hungary by teaching the essentials of entrepreneurship to young Hungarians.