EVER wondered if your good idea could become the next big thing in business? The Young Upstarts business competition is an ideal starting point for budding student entrepreneurs and new graduates. Marina Solomon has more.
Coming up with a good idea is one thing, but acting on it is another. If you’ve recognised a gap in the market, and would be keen to find out if it’s a gap you can fill, then do take part in the Young Upstarts competition.
Organised by the City of Melbourne and Meld Magazine, the Young Upstarts competition is suitable for students across all disciplines and year levels, and is aimed at encouraging innovation and entrepreneurship, and helping young people make their first foray into the world of start-ups.
The competition is open to all international students including recent grads, and participants can choose to pitch their business idea as individuals or as a group. Groups can be made up of up to four members, and can include a mix of local and international students.
Entering the competition is easy. There is an entry form you can download which essentially gets you to answer three basic questions:
- Your elevator pitch
- A brief description of your business
- Your investment sought
Once that’s done, email your completed entry form no later than September 21, 2014 to the City of Melbourne International Student and Youth Project Officer firstname.lastname@example.org. .
Up to five pitches will be shortlisted and participants notified by September 24, and invited to present to a panel of entrepreneurs and business leaders at the Young Upstarts session on the second day of the Melbourne International Student Conference on Sunday September 28.
The winner or winning team will walk away with a $500 cash prize, and a mentoring session to help take your dream a step closer to reality.
The Young Upstarts business competition is hosted by the City of Melbourne and Meld Magazine as part of the Leaders in the making: Melbourne International Student Conference taking place from September 27-28.