This presentation outlines the SMARTUpChallenge 2014 which challenges youth to propose and run an innovative project or business pilot to create 2-5 jobs for young people by June 2015. Teams must submit a 300 word proposal explaining their idea and how it will create jobs. Successful proposals will be judged on their market need, team strength, impact and job creation potential, innovation, feasibility, and communication skills. Qualified teams will need to obtain proof that their idea is viable and can attract customers. The goal is to help young entrepreneurs start businesses or projects that provide meaningful work opportunities.
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Welcome!
This presentation presents the SMARTUpChallenge for 2014. Read it entirely before filling in the
final application form.
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Moreinformation
Remember to ask your questions:
•directly, by email (country contacts on last slide)
•during the briefing webinar on the 30thof October
Hungary, Slovakia -15:00
Bulgaria, Romania –16:00
Registration data will be sent on the 29thof November to all students who have downloaded this presentation.
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TheChallenge
Youth unemployment is reaching unprecedented levels throughout Europe.
Propose and run an innovative project or business pilot that can create 2-5 workplaces for young people by June 2015.
If there was no job in sight at the end of university
for you or your colleagues,
howwould you create your dream jobs?
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ThechallengeEXPLAINED
Propose and runan innovative project or business pilot that can create 2-5 workplaces for young people by June 2015.
•to enroll and be selected in the project you will submit a short, 300 word proposal
•be concrete and to the point
•to convince the jury, tell us why the (business) idea will work, why the team is strong and how you envision getting the necessary resources
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ThechallengeEXPLAINED
Proposeand runan innovative project or business pilot that can create 2-5 workplaces for young people by June 2015.
•Take into consideration that during the SMARTUpChallenge (3rdstage in the program) teams will go outand get proof for their project.
More information in slide 9 –10.
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ThechallengeisEXPLAINED
Proposeand runan innovative project or business pilot that can create 2-5 workplaces for young people by June 2015.
•your proposal can fall in any of these categories (your choice, all options are equally appreciated by the jury):
oa startup –create workplaces by creating a new business or organization
ointrapreneurship–grow an existing business or organization by creating a new product or service or simply by finding innovative ways to get more customers
oproject –any project that creates workplaces, at least for a limited time, for young people
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ThechallengeEXPLAINED
Proposeand runan innovative project or business pilot that can create 2-5 workplaces for young people by June 2015.
•can the team create workplaces JUST for themselves? Of course!
•(potentially) long-term workplaces are GOOD
•workplaces for low-income young people are EVEN BETTER
•workplaces that provide learning and growth to open up further opportunities are THE BEST!
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Criteria
Your proposal will be judged (in all stages of the program) on:
•market need (for what you are offering to support job creation)
•team
•impact (the number and kind of workplaces created)
•innovation
•feasibility(is the business model functional? can they get the resources?are all tools and technologies available or realistic?)
•(written/spoken) communication
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IMPORTANT!
Keep in mind that qualified teams will get a further challenge: to get proof that the proposal can work, so:
•remember that the market is the most important jury member (can you get proof that the customers will want it?)
•propose something that is relevant for your abilities
•take into consideration what resources are required (could your team convince the jury that you can get the required resources?)