Team of HANTAL Kortrijk wins the Deloitte Fiduciaire Entrepreneurship Challenge

Deloitte Fiduciaire hires 50 new graduates this year
5 Apr 2011

Brussels, 4th April 2011 – Last weekend, the Qual-IT team of the department of Commercial and Business Sciences (HANTAL) of the KATHO Kortrijk emerged as the winner in the final of the Deloitte Fiduciaire Entrepreneurship Challenge. This competition, which was entered by 16 teams of students from all over Belgium, involved the entrants setting up a virtual company and managing it online. The Qual-IT team from HANTAL Kortrijk turned in the best performance and has won a trip to New York. Deloitte Fiduciaire considers young talent to be extremely important : it supports young entrepreneurs in a structural way and recruits 50 new graduates this year.

The Deloitte Fiduciaire Entrepreneurship Challenge was held for the first time this year and consisted of a competition in which 16 teams of second-year/final-year master's and final-year bachelor's students in accountancy, business or finance majors competed against one another in putting together the best virtual company. During the various assessment rounds, the students were required to assume the management of their own companies and take decisions in a range of different areas (financial, marketing, HR, etc.) aimed at guiding the company forward properly and attracting investors.

Last weekend saw the final stages of the competition take place in Vilvoorde, with round five of the business game (after previous rounds in Charleroi, Ghent, Leuven, Antwerp, Kortrijk and Liège) and presentations to the panel of investors, which was made up of partners and directors from Deloitte Fiduciaire. The team from HANTAL Kortrijk created the best value for the investors and convinced the investors to join the company. The 4 team members - Tom Coussement, Deborah Vanneste, Bram Tytgat en Sabrina Beun – can now look forward to a trip to New York.

According to the jury, Qual-IT scored very well during all the selection rounds in the competition. The team presented a very good vision towards the future, next to an excellent strategy. In only ten minutes time, Qual-IT showcased a strong vision on the product market, addressed the importance of innovation and presented a detailed business plan. Supported by a qualitative presentation, the team convinced the jury with a well-argued and concise investment proposal.

"It is extremely satisfying to see how this game brings out the best in young people in terms of entrepreneurship," said Nikolaas Tahon, Managing Partner of Deloitte Fiduciaire. "Belgium has a great deal of young business talent to offer, and we at Deloitte Fiduciaire can only applaud and encourage it. We are hiring 50 new graduates in 2011 and will add them to our teams to also guide and advise the new wave of entrepreneurs in a professional way. Stimulated by the success of this edition, we will be organising this competition again next year."