This is a competition designed to encourage business thinking among high school students. Participants select a new or existing product/service and develop a business plan that innovatively delivers the product/service to the market. When business plans have been completed, students present their research on developing and marketing their product as well as the relevant financial and human resource implications. Students who participate in the Year 11 Business Plan Challenge gain valuable insight into the interesting opportunities that await them in the business world.
The winning team/individual receives a $2000 cash prize and $1000 for their school. The winning individual or each member of the winning team is also awarded a $2000 scholarship to study Business, Commerce or Law at the University of Newcastle.
Three runner-up teams/individuals receive a $500 cash prize plus $500 for their school.
The Challenge is offered by the Faculty of Business and Law at the University of Newcastle.
Date and time: The University must receive competition entries by August 2013, with the winners’ presentation to be held in December 2013
Available for: Year 11 business studies students – individuals or teams of up to four members
Location: Presentation will be held at the University of Newcastle, City campus
Contact: Catherine Seamer, (02) 4921 6642