Monday, September 14, 2009

Full-Time Student at ITT Dublin?

Do you have a business idea – a new and exciting product or service?

Could you form a team to make it a commercial success?

If so step up and let us help you to get it off the ground. With excellent prize money totalling €6,500, advice and assistance, and the opportunity to go further with Enterprise Ireland’s National Student Enterprise Awards with prizes totalling €50,000.
The possibilities are endless…



ASSESSMENT CRITERIA
Ask yourself the following questions:

1) PROJECT CONCEPT - Is it a product/service? Is it feasible and is there a
market for it?

2) PLANNING AND PROJECTIONS - Has the market been research and can you
provide your own evidence? Can you identify potential competitors?
How much investment and operational cash will it cost? Are your
estimates realistic?

3) PROFESSIONALISM OF APPROACH - Is your business plan thorough and are
you and your team able to deliver or secure the necessary practical skills to
turn the concept into a reality?

4) PRESENTATION - Is the business plan submission presented clearly, in an
easy-to-read format?

WHO CAN ENTER?
This competition is open to all full-time undergraduate and postgraduate
students at ITT Dublin. Applications may come from just one school but final
applications must combine students from at least two schools/departments
within ITT Dublin. Assistance will be given in matching students across schools
where completed Applications have been submitted.

HOW TO ENTER?
In the first instance, all we require is a completed Application form. You can fill
in the postcard or download one at www.studentsynergyawards.com. This must
be submitted in person to Onray Brainard or Daniel Maxwell, Synergy Centre, ITT Dublin by 19th
February, 2010
. The Application forms will be reviewed by a panel and
shortlisting will take place. For successful applications a more detailed entry,
which will take the form of a business plan, will then be required.

SELECTION/JUDGING
A judging panel will be formed with representatives from ITT Dublin, South Dublin
County Enterprise Board, Cruickshank Intellectual Property Attorneys and
external experts if necessary/appropriate. Entries will be judged on
innovativeness, planning and projections, professionalism of approach and
presentation. Marking guidelines will be available online

THE FINAL
The ITT Dublin final will take place in Tuesday 30th March, 2010 (note: date brought forward!) and shortlisted finalists will develop a display stand showcasing their business concept.
They will present their business to a panel of judges who will award the prizes
of €3,000, €2,000, €1,000 to the 1st, 2nd, 3rd ranked entries respectively.
A technology award of €500 may also be made at the judges’ discretion

Winning businesses will go forward to the Enterprise Ireland national competition
where additional substantial prizes of cash and assistance are on offer where
completed applications have been submitted.