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Award recipients and finalists
Many employers ask for considerable work experience when posting new job offers. To help break this vicious work/experience circle, students in translation at Université Laval decided to create Langulaire, an agency which they administer, manage and operate themselves. Université Laval is supporting the project, which is the first of its kind in Canada. The Ordre des traducteurs et interprètes agréés du Québec has also commended this brilliant initiative. The modus operandi is simple: translation contracts are done by students and reviewed by certified translators, who return the texts to Langulaire with corrections and comments. This gives the students work experience and bolsters their confidence at the same time.
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'Someone just had to come up with the idea,' says Jean Fahmy, general manager and founder of Ensigna.com. There couldn't have been a simpler idea than creating a business specialized in computer consulting. However, a number of unforeseen difficulties cropped up after this cybernetic Gordian knot was cut. Ensigna.com had to find ways of dealing with its high rate of employee turnover and learn how to make it with no example to follow and no government subsidies. These resourceful young students nevertheless took up the challenge and entered the fray. The results are quite impressive, as you can see: they did business for total turnover of $200 000 in their first year, and their clientele already includes a number of important businesses.
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AWARD RECIPIENTS
Business and economy
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FINALIST
Business and economyManaging a portfolio with real assets is an exercise that is common enough at universities, but taking the structure of a mutual fund and allowing for the management of assets by real investors recruited from the student population had never been attempted before in Canada. The challenge that the students involved in the HEC's Student Investment Fund had set for themselves was to get the fund to perform at a level matching the investors' expectations, which they pulled off brilliantly. The FPHEC, after setting out to offer its clients a selection of investments with acceptable returns and training on how to manage an investment portfolio also managed to rank among the top ten Canadian equity funds out of 320 in 1998.
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FINALIST
Business and economy
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