Australian eChallenge in Schools Guidelines
What you need to know:
- Entry Requirements
The Australian eChallenge in Schools is open to Secondary School teams of up to six people to develop a business case for a new, previously unfunded concept.
$900- per team.
More information about entry requirements can be found in the 'Entry and Eligibility' section of the terms and conditions.
Once you have successfully registered, you will be
provideda username and password for the Australian eChallenge Online platform to access course work, readings, videos and presentations.
- Concept Proposal
Teams must submit a concept proposal with the view to developing a business case for a new, previously unfunded business concept.
Concept proposals are in the form of the Australian eChallenge Business Model Canvas and are judged primarily on the level of innovation displayed and the commercial potential of the overall business idea.
Submission is via the Australian eChallenge Online Platform.
A series of workshops, presented by specialists in their various fields, are held throughout the Australian eChallenge (see schedule). The workshops guide teams through the process of developing a successful venture: from opportunity assessment through to marketing, finance, intellectual property, developing the business plan and pitching to potential investors.
Teams may choose to be paired with an experienced mentor from the business community, whose knowledge is invaluable in helping to construct a model that will prove to be a sustainable,
growth orientedentrepreneurial business.
Australian eChallenge Riverland
In the Riverland, after the formal lecture session during the workshops, mentors from the business community meet with teams to help them in the development of their concept. Having the mentors attend the workshops with the teams not only benefit the students; mentors have reported it has reinvigorated their interest in their own business.
- Venture Showcase
Teams have the opportunity to exhibit their business concept at the Venture Showcase held usually in late September. Teams are provided with a pin board and table and it is up to them to decorate their display in the best way for guests to understand their concept. Our
invitation onlyguests are from the business community, government, academic and past Australian eChallenge alumni. The experience allows teams to fine tune their short and long pitches and getinvaluable feedback and suggestions on their concept.
- Business Plan
Semi-final teams must submit a business plan in order to proceed
- Semi-final and Final Presentations
Teams must present their concept to judges at the semi-final presentation day. 5-6 teams will advance to the Final Presentation.
The Finals Presentation consists of a second oral pitch. The judges are looking for innovative concepts that have an overall commercial viability based on the quality of the opportunity, the market, competitive advantage and the teams' strengths and weaknesses.
- Awards Dinner
The Awards Dinner is the premier event of the Australian eChallenge calendar. During the dinner, finals teams will present their
60 secondpitch to a captive audience of business, industry and community leaders. The winners of all the prizes are announced and presented.