A team of Coleg Cambria A Level Business students won last years Global Enterprise Challenge - fighting off competition from all over the world.
The world is being rocked by creative disruption: disrupting traditional and established markets and the way we buy products/ services, listen to music, order food, book holidays and even order taxis.
Your Challenge today is to develop a product or service which creatively disrupts a traditional way of doing something.
All Coleg Cambria students can participate (full time or part time), irrespective of age, level of study.
Create teams of 3-6 people with varied skills: creativity, organisation, ICT, presentation, problem-solving, idea-generation, numeracy, digital literacy, business-sense.
> Tell us about your product, service or venture – how is it disruptive?
> Who is your target market and will they really want it?
> What is your unique selling point?
> How do you know it will be successful?
> What makes it great?
> How will it make money?
> What competition exists already?
Be as creative as you like, it can be typed or contain images and diagrams (suggested format: Google Docs– 2 sides A4 max).
> Everything costs money, but good ideas pay for themselves and make a profit, which can be invested in many ways.
> How will your idea make money?
> Will it cost anything to develop or “get off the ground”?
> Are there production costs or day to day expenses you need to cover?
> Where is the money coming from to pay for this?
> Research realistic comparable figures to inform your answer and provide a document to show your projected profit over a period of time (6 months or 1 year)
This can be shown in many ways as judges are aware that students will have different levels of financial skills.
Suggested format(s): Google Docs and/or Sheets – max 2 pages A4).
Sell your idea in a 5-minute Dragons Den style pitch.
How will your pitch be innovative, original and inspiring?
How can you bring the idea to life for the judges?
You might want to use music or drama, discussion or games...
...up to you!
This can be recorded using yoru phone, but remember to stick to the time allowed.
Teams should take no longer than 6 hours to complete this task.
Each team member will earn a bronze digital badge on successful completion of the Team Enterprise Challenge. The top five teams chosen to represent Coleg Cambria in pan-Wales competitions will earn a silver badge.
Teams being Highly commended in pan-Wales competitions wil earn a gold badge . Teams being awarded Gold in pan- Wales competitions with earn a Coleg Cambria platinum badge
To acknowledge and promote the skills you have learnt to potential employers and universities.