The University of Adelaide presents the

Australian eChallenge in Schools

adelaide.edu.au/echallenge

The Australian eChallenge provides a proven teaching and learning environment;

> that exposes participants to the world of commercialisation

> entrepreneurial leadership

> entrepreneurial strategy development

> strategic business planning

> and venture financing

The Australian eChallenge is based around the development and submission of a comprehensive strategic business plan for the development of an early stage entrepreneurial venture. Participants pitch their opportunities to panels of potential investors from the local business community.

It is a competition where entrepreneurial teams of students compete for prizes and the prestige of being nominated the most outstanding Australian eChallenge in Schools entrepreneurial venture for the year.

The ProcessSouth Australian schools can enter teams of 2-6 students into the Australian eChallenge in Schools stream. They must develop a business plan for a new, previously unfunded business concept. To help them in this process, the Australian eChallenge offers competitors unprecedented access to top South Australian business acumen and expertise.

Teams submit a business concept proposal in the first round. Each concept proposal is sent to 3 judges from the business community. Teams are 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 oriented entrepreneurial business. Participants also have access to the Blackboard Australian eChallenge online course, containing course work, readings, video and PowerPoint presentations. There are approximately nine modules covering all aspects of business planning.

A series of workshops, presented by specialists in their various fields, outline the steps to building a successful business: from developing and assessing their idea, through to marketing, finance, intellectual property, writing the plan and delivering a presentation The business plans are submitted for assessment, leaving the teams two weeks to prepare their presentation, before pitching to the judges.

The judges, drawn from our sponsors, look for the overall commercial viability of the business based on the quality of the opportunity, the market, competitive advantage and the team strengths and weaknesses.

The Australian eChallenge in Schools winning team, parents and course advisor will attend the black tie Awards Dinner.

Benefits for participants: > Provides clear milestones for venture teams

> An opportunity for secondary student’s to experience University life

> Forms a strong mentoring foundation

> Realistic investment experiences

> Key learning and support resources

> Embedding ventures firmly into local business communities

> Launch pad for ventures both locally and internationally

> Students own their IP

> Networking with the business community and tertiary students

> Fosters individual and small group inventiveness

> Captures the spirit of collaboration through all stages of the innovation and commercialisation process

The University of Adelaide, through the Entrepreneurship, Commercialisation and Innovation Centre (ECIC), has developed a considerable range of skills, procedures and competencies in successfully staging this event. Each year the Australian eChallenge captures the energy of young, bright entrepreneurial enthusiasm and channels it into investment-ready early stage companies.

The Australian eChallenge, run by the Entrepreneurship Commercialisation and Innovation Centre (ECIC) at the prestigious University of Adelaide, has stimulated entrepreneurship in Australia for over 13 years.

Australian eChallenge in Schools

2 The Australian eChallenge in Schools

TBA Workshop 1: Introduction to the Australian eChallenge and Entrepreneurship

Thu 31 July Workshop 2: Developing your Unique Selling Proposition, and How to Write a Winning Concept Proposal

Thu 7 August Workshop 3: How to Research the Market

Mon 11 August Team Registration and Concept Proposal Due

Thu 14 August Workshop 4: How to Write a Business Plan

Thu 21 August Workshop 5: How to Raise and Manage Cash for a Start-up

Thu 28 August Feedback from judges

Thu 28 August Workshop 6: Understanding Intellectual Property Issues for Start-up Enterprises

Sun 31 August Final changes to team composition due

Thu 4 September Workshop 7: How to Present the Opportunity

Thu 11 September Workshop 8: How to Pitch and Promote Your Idea

Thu 25 September Venture Showcase (Bonython Hall)

Mon 13 October Business Plans Due

Thu 23 October Workshop 9: 60 Second Pitch Training

Fri 31 October Final judging

Thu 13 November Awards Dinner (Adelaide Oval)

Schedule of EventsStudents from participating schools are required to attend the workshops which are held on the University of Adelaide North Terrace Campus, 5:30-7pm.

The Australian eChallenge in Schools 3

For more information regarding the Australian eChallenge in Schools program contact:Zrinka Tokic — eChallenge Program Manager Entrepreneurship, Commercialisation and Innovation Centre The University of Adelaide SA 5005 Australia

Telephone: +61 8 8313 7131 Email: zrinka.tokic@adelaide.edu.au

www.adelaide.edu.au/echallenge

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DISCLAIMER: The information in this publication is current as at the date of printing and is subject to change. You can find updated information on our website at adelaide.edu.au With the aim of continual improvement the University of Adelaide is committed to regular reviews of the degrees, diplomas, certificates and courses on offer. As a result the specific programs and courses available will change from time to time. Please refer to adelaide.edu.au for the most up to date information or contact us on 1800 061 459. The University of Adelaide assumes no responsibility for the accuracy of information provided by third parties.

CRICOS 00123M © The University of Adelaide. Published May 2014