Entrepreneurship/Idea Validation Competition 2023

About the Competition 🏆 Welcome to Newcastle University's Entrepreneurship/Idea Validation Competition for the academic year 2023/24! Are you bursting with innovative ideas but unsure how to bring them to life? Do you dream of launching your own startup but don't know where to start? This is your golden ticket to turning those entrepreneurial dreams into a reality! Why Should You Participate? 🎯 Practical Learning: Unlike traditional courses, this competition is designed as a hands-on experience where you'll engage in practical tasks that simulate the real-world challenges of starting a business. Say goodbye to theoretical knowledge and hello to practical skills! 🤝 Network with Industry Experts: Take advantage of this unique opportunity to connect with startup advisors, experienced entrepreneurs, and lecturers who have been through the startup journey themselves. This isn't just about competing; it's about building relationships that could fuel your career for years to come. 🚀 Accelerate Your Startup Journey: Imagine progressing from a raw idea to a fully fleshed-out business plan in just a few months! This competition will guide you through the key steps of validating a business idea, from market research to financial planning and more. 💡 Apply Classroom Learning to Real-World Scenarios: Are you tired of learning theories and models without understanding how they fit into the real world? This competition is your chance to take what you've learned in lectures and apply it in a practical, real-world setting. Whether you're studying business, engineering, arts, or any other field, you can integrate your academic knowledge to come up with viable business ideas. Not only will this deepen your understanding of your course material, but it will also give you a competitive edge in your future career. How Does It Work? 💼 The competition takes place during this academic year (mainly semester 1) and is divided into themed weeks, each focusing on a crucial aspect of business development. Whether it's idea generation, marketing strategy, or financial planning, each phase is crafted to teach you something valuable about turning an idea into a viable business venture. Week by week, you'll be guided through tasks and challenges that mimic the trials an entrepreneur would typically face. At the end of this journey, you'll present your business plan and idea to a panel of experts who will offer invaluable feedback and possibly even opportunities for real-world implementation! Who Can Join? 🧑‍💻 Are you a current student at Newcastle University with a business idea? You're eligible! Are you saying you don’t have a business idea yet? No worries! Just choose one of the ideas provided by us! Whether you're solo or joining forces in a small team, all are welcome! Be Recognised and Rewarded! 🎖 What's a competition without some prizes? Apart from the immense value of the knowledge and skills you'll gain, we have a host of exciting prizes for top participants! Do you want to know more? 🔎 You can find detailed information here: https://drive.google.com/file/d/1lHiIHWNmxulSfLpy6RJSepGHpT89P6Iv/view?usp=drivesdk Application Link ✏️ Ready to Ignite Your Business Dream? Link to apply: https://forms.gle/KXfpUugyzN8ApFyt7