PhD Research Student Development Programme - Upcoming events

Friday, 9 January 2009

Pitch Your Idea - Business plan training & competition

The 2009 ‘Pitch Your Idea’ business plan competition and training programme is open to all PhDs and postdocs across the College.

This competition is a great chance for you to gain an insight into the business world and to see if you can turn your ideas into a winning business. Everyone is welcome to participate, regardless of discipline and all you need to have is an idea. Your idea can be anything from your research to a hobby or interest you enjoy. Finalists from last year’s competition started with ideas that ranged from developing computer software that could follow drumbeats, to setting up a martial arts club in the local community.

Whatever your idea, in the competition you will gain valuable training and advice from business professionals on how to develop a short business plan. The competition begins with three workshops (3 hours each) held in January and February 2009. Areas covered will include intellectual property, marketing and sales, routes to market, securing finances and writing business plans. Following these workshops you will have a chance to practise ‘pitching’ your idea and getting some invaluable feedback from professionals. Two advice and networking lunches are scheduled for February-March to allow you to finalise the details of your business idea, by seeking advice from experts and some of last years finalists.

After the training stage is over you will be asked to submit a short business plan, and finalists will be chosen based on these. If you are one of the finalists you will have the opportunity to ‘Pitch Your Idea’ to an expert panel of judges at the finale in April, and be in with a chance to win the top prize of £1500 towards conference travel.

Places on the competition are still available, but the deadline for applying for a place is January 14th 2009. If you would like any more information, please do not hesitate to contact me, or to book a place on the competition just send me an e-mail with your details, and a brief description of your idea. Remember, it doesn’t have to be fully formed at this stage – the training programme will help you develop it into a business plan.

10 comments:

  1. Hi Jo,

    I linked to this page on the QM Entrepreneurship page (http://www.mindthegap.qmul.ac.uk/enterprise.html) - it was the best description of Pitch Your Idea at QM I could find. Let me know if you want me to remove the link, or if there's a better one to use.

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  7. another similar contest underway for 2011 now:http://www.career.edu/index.php?post_id=8727

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