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June 11, 2002

GRADUATES COMPLETE "STUDENT COMPANY PROGRAM"

The United States Agency for International Development (USAID) Mission to Romania and Junior Achievement are pleased to announce a Graduation Ceremony of the "Student Company" program. This program was funded by USAID through World Learning and implemented by Junior Achievement Romania.

The ceremony will be hosted at the Bucharest N. Kretzulescu Commercial High School - 17, Hristov Botev St., tel.3220210 - on Wednesday, June 12, 2002, at 11:00 a.m. The Minister of Education and Research, Mrs. Ecaterina Andronescu, and USAID Mission Director, Mr. Denny Robertson, will give opening remarks. These will be followed by a presentation of the program achievements and the handing-out of certificates of graduation to Bucharest participant schools. A press conference will conclude the event.


The Junior Achievement "Student Company" is a unique training program that provides high school and university students with practical entrepreneurial and business experience, through the organization and operation of an actual company. It complements the school curriculum by helping young people develop business skills and accumulate insights into the complexities and rewards of the market economy.


The program started on April 15, 2002, with the training of 90 teachers from all over Romania. Fifty-three of the teachers, from 25 different counties, have already implemented the "Student Company" program in their schools. Over 1,000 trainees were included in the pilot programs, and they have started companies involved in a variety of manufacturing or service related activities. The program has had great success across Romania, and many other schools have expressed a strong interest in introducing this training module in their curriculum.


USAID/Romania Mission Director, Denny Robertson, stated that encouraging the younger generation to place a high value on free enterprise and to build entrepreneurial skills is a key to Romania's future economic development.


"The concepts introduced by Junior Achievement programs inspire students to dream about what might be accomplished through creative work and dedication. Through these dreams, new entrepreneurs will be born in Romania, and tomorrow's corporate leaders will become self-reliant citizens and role models," said Mr. Robertson.


The U.S. Agency for International Development (USAID) is an independent government agency that provides economic, development and humanitarian assistance around the world in support of the foreign policy goals of the United States. Established in 1961 and beginning operations in Romania in 1990, USAID's assistance program helps to foster Romania's transition to a market-oriented democracy and focuses assistance on the areas of economic growth, democracy-building and social sector restructuring.


To date, USAID Mission to Romania has committed more than $350 million to assistance programs in these areas: privatization, financial sector development, private sector development, energy sector reform, improved environmental management and protection, democratic governance, civil society development, decentralized public administration and local government strengthening, women's reproductive health and reform of the child welfare system.


 
 
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