Fistrat, a student company from Junior Achievement Albania, emerged victorious at the recent GEN – E Albania 2023, JAA National Entrepreneurship Festival, captivating both judges and attendees with their innovative application.
The team’s creation, also called Fistrat, is a game designed to enhance the financial literacy of young individuals while mitigating the challenges associated with financial management. The concept behind Fistrat revolves around merging education and entertainment to create an engaging experience.
Fistrat aims to promote a culture of informed decision-making so young people can navigate the complexities of the modern financial world with confidence and resilience.
On May 25-26 2023, in Tirana, took place the National Festival of Entrepreneurship 2023 organized by Junior Achievement of Albania with the institutional support of the Ministry of Education and Sports, as well as financial support of the Albanian-American Foundation for Development and Tirana Bank. 125 students, part of 25 JAA Student Companies, from 17 high secondary schools from Malësi e Madhe to Saranda, were involved in this Festival.
Student Companies’ business ideas and products addressed market needs and specifically: 40% green economy; 12% services; 40% IT & Innovation and 8% Web&App design.
The National Entrepreneurship Festival finalizes the several months of work of the “JAA Student Company” Program, which this academic year started with the development of the elective module in 56 schools of higher secondary education for 2,532 students, followed with the establishment of 70 Student Companies, the training of 145 student leaders of these Companies and the inclusion of 331 Company representatives in the three Regional Entrepreneurship Festivals held in Gjirokastër, Korçë and Lezhë.
Not only the subject “Students Company” but also the regional and national trainings and festivals developed by JAA have given young people knowledge and skills as entrepreneurs, which will accompany them during their journey as well as throughout their education in the future, but also in the market of work or their future ventures.
Fistrat is the student company from Junior Achievement Albania, that emerged victorious, captivating both judges and attendees with their innovative application.
The team’s creation, also called Fistrat, is a game designed to enhance the financial literacy of young individuals while mitigating the challenges associated with financial management. The concept behind Fistrat revolves around merging education and entertainment to create an engaging experience.
Fistrat aims to break the cycle of financial illiteracy and promote a culture of informed decision-making so young people can navigate the complexities of the modern financial world with confidence and resilience.
Besides Fistrat there were more prizes won by these bright, energetic students:
- Social Entrepreneurship: Der M’Der
- Company Ready for Work: KacamisTri
- Most Innovative Business Idea: Solar
- Best Marketing & Sales Plan: Re-note
- The Most Customer Oriented Company: Lightlo
- Alumni Award 2023: Alba Lloshi
A big round of applause to everyone for their efforts throughout the year!
