Best Projects 2018 features all the nominated entries submitted to the Youth Citizen Entrepreneurship Competition under ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs. If you want to know the 10 finalists in this category click HERE
WEUTEX ( World & European Textile )
Explain your project in details:
My name is Bakhtiyar, i am 20 years old. I am from Azerbaijan. At the moment (April 2018 ) I am in Portugal on student exchange Erasmus+. Getting the higher education in Latvia. A study in Business Administration, I am interested in business-related international relations. I believe that I have chosen the right industry that meets my interests. I am a representative of WEUTEX ( World & European Textile ) company. The company was founded in 2018. The main objective of my company includes logistics, which is built between manufacturers of textiles and different clothing manufacturers located in different parts of the world. At the moment I have connections with several companies manufacturing different leather goods, and also with producers of textiles and accessories in Portugal. Every day I negotiate in Portugal with manufacturers, seek their consent, as well as looking for new companies that will be interested in cooperation with WEUTEX. I am confident that in the future my company will play an important role in building successful international relations. There are difficulties at the beginning, but I am sure that the experience that I can get from other entrepreneurs will help me in the successful start of my business project
Impact of your enterprise on sustainable development
Sustinable development - the organizing principle for meeting human development goals while at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend. WEUTEX does not currently aim to address important economic and environmental issues related to improving the quality of life. My main goal is to achieve industrial logistics. Arrange delivery of textiles around the world. And to unite everything that is connected with textiles into a single whole.
Sustainability and future plans
As i said before my main goal is to achieve industrial logistics between many companies. At this stage, I establish contacts with manufacturers, shops, and negotiate with a logistics company in Portugal. Studying their work, I draw conclusions and try to build their own logistics for supplies to Eastern Europe materials. My first customers is a well-known Ukrainian company S-93 Leather Workshop. They are engaged in production of leather products of excellent quality. Having contacted them, I offered them a skin of Portuguese production. Portuguese leather is well known all over the world. They agreed and also asked about textiles. At the same time had an idea. And at the moment have collected some number of instances of leather and textiles. Next week 9.04-13.04 I send them instances . In the positive case, I conclude a contract with them for my personal benefit and interest WEUTEX, which will be 5% -20%, depending on the amount. No attachments are required. Just playing the role of a supplier, I get my percentage. In the future, in its development, I'm going to attract investors.
Your profile as an entrepreneur
I'am 20 year old. 08.06.1998. I am sure that I have leadership qualities. An example: in 2013, when I was in 7th grade. UNESCO international organized a meeting of young representatives of the post-Soviet space. From each country were elected by a 3rd party. I managed to qualify and to represent the idea of landmark preservation. I was sent to Russia, Moscow. There I adequately presented myself and my country and took the first place. There are awards and certificates awarded by UNESCO. Another fact about me. I'm into music and I've been playing guitar since I was 12. Self-taught, don't have music education. Learned it all on YouTube. By the age of 17, I had taken my skills to a good level. After talking to a music school in my neighborhood, I was hired as a guitar teacher. Also conducted classes at home. I know 7 languages. 4 of them know perfectly