Aspiring Scholar Entrepreneurs, Right here’s Your Probability To Pitch Concepts & Win RM10ok Startup Capital

Aspiring Student Entrepreneurs, Here’s Your Chance To Pitch Ideas & Win RM10k Startup Capital

HP Inc. has launched a problem referred to as “Creators of Tomorrow College Problem” in Malaysia in collaboration with Tealive. The problem is supposed to encourage entrepreneurship amongst youths by bringing them one step nearer to creating their enterprise goals a actuality.

In keeping with HP, early-stage
investments are one of many greatest limitations of entry for aspiring pupil
entrepreneurs. “As a part of our purpose to assist the way forward for Malaysia, the
problem is a good way for our youths to showcase their enterprise concepts and
change the native market panorama,” Malaysia Managing Director at HP Inc. Fayza
Mohamed Amin stated.

In essence, this
problem is a contest whereby contributors will pitch enterprise proposals, and
the winner will obtain the assistance wanted to interrupt down the limitations to entry and
subsequently take their companies to the subsequent stage.

Who Can Be part of?

HP Inc. and Tealive are in search of college college students who are aged 17 – 25. You may make submissions of enterprise proposals as an particular person or as a staff with a most of 5 members.

You have to be Malaysian when you’re submitting as a person. If you happen to’re submitting as a gaggle, the group should include all college college students, with a minimum of 1 Malaysian member.

The rapid household of HP Malaysia workers (partner, little one or step-child [whether natural or by adoption], mother or father, step-parent, brother, sister, step-brother or step-sister) are not eligible for participation on this contest.

What’s In It For

The successful particular person (or staff, when you submitted as a gaggle of 5) of the problem will obtain RM10,000 in startup capital and a Three-month internship/mentorship with each HP Malaysia and Tealive.

A Timeline Of The
Total Problem

The Contest Submission
Interval is open from at this time till 11:59 PM on 30 September 2019 so that you can
submit your enterprise pitches/proposals, and this makes up Stage 1 of
the competition.

The prime 10
shortlisted contributors
shall be determined upon and introduced within the period
between 14 – 20 October 2019.

Throughout the interval of four
– eight November 2019
(the precise date has but to be confirmed), Stage 2 which
is the closing spherical of the competition shall be held.

What’s The Contest

Right here is a few
info to be aware of earlier than making use of:

You’ll should fill within the submission kind the place you’ll submit your enterprise proposal in 300 phrases, full with a proposed title for the challenge.A number of proposals are allowed.If you happen to’re shortlisted, you’ll be given 1 month to arrange your proposal(s) to be offered in entrance of the judges from HP Inc. and Tealive who will then determine the successful proposal.

For Stage 1, it’s best to show an understanding of those factors when submitting your proposal(s).

Market Alternative: It’s best to be certain that there shall be market
demand to your product, and it’s best to know who your audience are.Aggressive Benefit: In at this time’s aggressive market panorama, does
your enterprise proposal have what it takes to face out?Assets Required: It’s best to be capable to establish what kind of
sources you’ll need to make your proposal into an operational enterprise.Monetary Understanding: It’s best to have a fundamental understanding on the
startup value required, perceive your monetary targets and be capable to establish your
enterprise’ monetary viability.

For Stage 2, you’ll be required to do a 30-minute presentation earlier than the judges the place you’ll need good presentation expertise, a product pattern prepared for presentation, a transparent presentation full with advertising insights to assist your proposal(s), and be capable to reply effectively to the judges’ questions.

You may learn extra in regards to the phrases and situations of the problem right here.You may submit your proposal(s) right here.

Featured Picture Credit score: HP Inc.

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