innovation challenge metropolia buisiness school

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Skills for employability | Entrepreneurship | Financial literacy JA Innovation Challenge

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Innovation Challenge revolves around a one day event which is organised in Co-operation with Junior Achievement Young Enterprise, Metropolia Business School and Microsoft Finland.Microsoft will provide students with the opportunity to solve a real life challenge that they are currently facing.

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Page 1: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

JA Innovation

Challenge

Page 2: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

What is JA-YE Innovation Challenge?

• University student compete to solve a real-

life business challenge

– Business Challenge is presented at the

beginning

– Participants present their solution at the end of

the challenge.

– Best presentation and idea will be rewarded by

business consultant.

• Defined innovation process

• One day event

Page 3: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Business Challenge

1. Ice-breaking for the teams

2. Mentor presents

the challenge

1. Idea creation and

selection (45min.)

1. Brainstorming for

new ideas

2. Selection process inside the team

Innovation

Challenge

Page 4: Innovation Challenge Metropolia Buisiness School

BrainstormBrainstorm

Page 5: Innovation Challenge Metropolia Buisiness School

Selection

Page 6: Innovation Challenge Metropolia Buisiness School

Evaluation

Process

Page 7: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Innovation Development

Process1. Overall concept

2. Market opportunity

3. Competition

4. Business model

5. Team

6. Production

7. Execution and Finance

Page 8: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

4. Business presentation and

elevator pitch

1. Elevator pitch

(30 sec) for casual

encounters

2. Business presentation (4 min) for

investors

� Presentations at the end of the day

� Consultant selects the best team!

Elevator

Pitch

Page 9: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Our Our NEWNEW

Venture!Venture!

Page 10: Innovation Challenge Metropolia Buisiness School

Best

Team!

Page 11: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Resources University participation• Amount of students: 25

• Amount of teams: 5

• Teachers: Supervisor

Business resourcesPremises and service

• Auditorium / meeting room (30 people)

• 5 team working spaces

• Access to Internet and printer

• Catering (lunch and refreshments)

• Award/price for the winner.

Personnel resources

• Half a day for preparing the Business Challenge to students and organizing the event.

• Full day for the challenge (Business Consultant).

• 2 hours of Executive time during the presentations and judging.

Page 12: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Coordinators 2011

Page 13: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Location 2011

JA-YE Business Challenge -day

• University / Cooperative business

Business Premises

Keilaranta 7, 02150 Espoo

Page 14: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Interested?

Sign up from:

https://elomake.metropolia.fi/lomakkeet/3

298/lomake.html

Or View in

www.metropoliablog.fi

Page 15: Innovation Challenge Metropolia Buisiness School

Skills for employability | Entrepreneurship | Financial literacy

Contact Details 2011

Tomas Illman

More Information from

www.metropoliablog.fi