Innovation Challenge Metropolia Buisiness School

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Innovation Challenge revolves around a one day event which is organised in Co-operation with Junior Achievement Young Enterprise, Metropolia Business School and Microsoft Finland.Microsoft will provide students with the opportunity to solve a real life challenge that they are currently facing.

Transcript of Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

JA Innovation

Challenge

Skills for employability | Entrepreneurship | Financial literacy

What is JA-YE Innovation Challenge?

• University student compete to solve a real-

life business challenge

– Business Challenge is presented at the

beginning

– Participants present their solution at the end of

the challenge.

– Best presentation and idea will be rewarded by

business consultant.

• Defined innovation process

• One day event

Skills for employability | Entrepreneurship | Financial literacy

Business Challenge

1. Ice-breaking for the teams

2. Mentor presents

the challenge

1. Idea creation and

selection (45min.)

1. Brainstorming for

new ideas

2. Selection process inside the team

Innovation

Challenge

BrainstormBrainstorm

Selection

Evaluation

Process

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Innovation Development

Process1. Overall concept

2. Market opportunity

3. Competition

4. Business model

5. Team

6. Production

7. Execution and Finance

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4. Business presentation and

elevator pitch

1. Elevator pitch

(30 sec) for casual

encounters

2. Business presentation (4 min) for

investors

� Presentations at the end of the day

� Consultant selects the best team!

Elevator

Pitch

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Our Our NEWNEW

Venture!Venture!

Best

Team!

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Resources University participation• Amount of students: 25

• Amount of teams: 5

• Teachers: Supervisor

Business resourcesPremises and service

• Auditorium / meeting room (30 people)

• 5 team working spaces

• Access to Internet and printer

• Catering (lunch and refreshments)

• Award/price for the winner.

Personnel resources

• Half a day for preparing the Business Challenge to students and organizing the event.

• Full day for the challenge (Business Consultant).

• 2 hours of Executive time during the presentations and judging.

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Coordinators 2011

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Location 2011

JA-YE Business Challenge -day

• University / Cooperative business

Business Premises

Keilaranta 7, 02150 Espoo

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Interested?

Sign up from:

https://elomake.metropolia.fi/lomakkeet/3

298/lomake.html

Or View in

www.metropoliablog.fi

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Contact Details 2011

Tomas Illman

More Information from

www.metropoliablog.fi