Hong Kong Students Propose Elderly-Friendly Social Enterprise Ideas and Compete for ACCA Business Competition Championship

HONG KONG, Nov. 12, 2013 /PRNewswire/ -- With the theme to develop a sustainable business model in serving the elderly, the top five finalist teams of the Degree and Sub-degree categories have been shortlisted amongst 532 teams to compete for the Championship at the ACCA Hong Kong Business Competition 2013. Organised by ACCA (the Association of Chartered Certified Accountants) Hong Kong, the final competitions will be held on 16 November (Degree) and 30 November (Sub-degree).

After reviewing the participating teams' proposals, the top five finalist teams of each of the degree and sub-degree categories have been selected to enter the Final Competitions. The finalist teams are from:

(Degree) City University of Hong Kong (2 teams), Hong Kong Baptist University, The Chinese University of Hong Kong, and The University of Hong Kong

(Sub-degree) Hong Kong College of Technology, Hong Kong Institute of Vocational Education (Chai Wan), Hong Kong Institute of Vocational Education (Tuen Mun), The Chinese University of Hong Kong - School of Continuing & Professional Studies, and The University of Hong Kong - SPACE

This year ACCA Hong Kong has invited HKCSS-HSBC Social Enterprise Business Centre (SEBC) as the Partner Organisation. Each contesting team is required to prepare a proposal based on a 2-year funding plan of HKD1 Million which aims at providing elderly (aged over 60) a "shop freely & serve friendly" shopping experience.

Innovation ideas from the contesting teams include memoir book / video production for elderly customers, elderly-friendly mobile dental clinic services, employing grass-root elderlies as coaches of a fitness centre, 'speed gathering' for elderlies to meet new friends, and many more.

The panel of judges comprises finance leaders and social enterprise experts will assess each contesting team according to the content of their business proposal, presentation skills and team work communication.

ACCA welcomes interested parties to attend the Final Competitions to support these outstanding students and appreciate their ideas on promoting quality consumption and shopping experience for the elderly.

To learn more about the Competition, please visit http://apps.facebook.com/accacompetition.

Notes to Editors

Programme Rundown

Panel of Judges

Top Five Finalist Teams

Partner Organisation
HKCSS-HSBC Social Enterprise Business Centre (SEBC), So-Biz Project

Company Sponsors
Deloitte Touche Tohmatsu, Ernst & Young, Hutchison Global Communications Limited, KPMG, PwC, The Hung Hing Ying & Leung Hau Ling Charitable Foundation

Supporting Organisations
Hong Kong General Chamber of Social Enterprises Limited, Hong Kong Movie Star Sports Association Charities, Hong Kong Social Entrepreneurship Forum, Joint Committee for Mainland Student and Scholar Associations in Hong Kong Universities

Chinese Newspaper Media Partner
Ming Pao Newspapers Limited

English Newspaper Media Partner
South China Morning Post

Official Recruitment Partner
Classified Post

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

1. We support our 162,000 members and 428,000 students in 173 countries, helping them to develop successful careers in accounting and business, with the skills needed by employers. We work through a network of 89offices and centres and 8,500 Approved Employers worldwide, who provide high standards of employee learning and development.
2. As the first global accountancy body entering into China, ACCA now has over 23,000 members and 48,000 students, with 8 offices in Beijing, Shanghai, Chengdu, Guangzhou, Shenzhen, Shenyang, Hong Kong SAR, and Macau SAR.
3. Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. We believe that accounting professionals bring value to economies in all stages of development. We aim to develop capacity in the profession and encourage the adoption of global standards. Our values are aligned to the needs of employers in all sectors and we ensure that, through our qualifications, we prepare accountants for business. We seek to open up the profession to people of all backgrounds and remove artificial barriers, innovating our qualifications and their delivery to meet the diverse needs of trainee professionals and their employers.
4. For more information, please visit:

http://www.accaglobal.com | http://www.facebook.com/ACCA.HongKong