Getting your entry ready? Everything you need to know..

Getting your entry ready? Everything you need to know..

Everything you need to know about the 2019 Business Plan Competition...

Eligibility

  • The competition is open to any individual or team that is a current student, alumni or current staff member of an Australian tertiary education institution 
  • Business ideas must be innovative within the education sector

Teams

  • A participant cannot be part of more than one team
  • Each team must nominate a leader who will be expected to pitch on behalf of their team if selected
  • Participants may submit as an individual

Guidelines

  • The template for the business plan can be downloaded from this link
  • The template must be completed in full. Appendices can be linked in the document however, they will not be included in the judging process. 
  • The submission should not exceed 1 cover page with contact details of team members and 2 pages for the business plan. Please adhere to the word count. 
  • All submissions must be made before 5pm on Monday 14 October.  (Now closed)
  • Submissions must be made via this link.
  • In the event the file cannot be uploaded it can be sent to [email protected]

What the judges are looking for...

COVER PAGE

  • Company name
  • Logo
  • Team Leader name, email address, contact number, relevant educational institution
  • Additional team members names, email addresses & relevant educational institutions

PRODUCT

  • Describe what service or product you will be selling and how effectively it will solve the problem you have outlined. Highlight what makes your product unique

COMPETITOR ANALYSIS

  • Briefly list any other companies providing products into your market and describe your competitive advantage over them

OPPORTUNITY

  • Describe the problem you are trying to solve. Be sure to highlight who it impacts and the magnitude of the problem

MARKET ANALYSIS

  • Define your target market, keeping in mind that this can be divided into 2 parts for education products; end-users and purchasers. Also describe the location of these customers, how you will reach them for marketing and how you will deliver the product to them

EXECUTION

  • List the members of your team and explain what experience they will contribute to the business
  • Briefly describe a timeline for getting your business up and running

FINANCIAL

  • Describe your business model, how will you price your product and how do you plan to make a profit
  • Describe the capital costs required to start your business
  • If possible project the first year’s revenue

Learn More

More information about the EduGrowth Business Start Business Plan Competition 2019, including criteria and important dates.

Join the audience

Support innovation in education and come along to the business plan finals night. Attend in person in Melbourne or online.