On the 2nd March 2018, interested students were invited to attend a Q&A kick-off event dedicated to MCI Creativity Award 2018. The event took place at ‘BASE EINS’, a startup hub in front of the Tyrolean State Theatre in Innsbruck, and was organized by MCI in collaboration with Startup.Tirol, the centerpiece of the EEE Regional Alliance in Tyrol. During this event, the students has a chance to learn every detail of how to prepare for a business competition based on the corresponding module ‘Idea Competition’ in the EEE Teaching Toolkit.

The module ‘Idea Competition’, freely accessible here, is designed primarily for the individuals experimenting with entrepreneurial activities for the first time. It has the aim to foster entrepreneurial ideas coming from different fields and supports also individuals who have not yet made experiences with entrepreneurship or management before, in sharing, spreading and eventually also commercializing their ideas. HEI educators can use the materials of the course to enrich the existing or create new entrepreneurship education courses.

The idea competition module consists of two parts. The aim of part one is to give an overview on how an idea competition could look like, how such competition might be structured and organized. The purpose of part two of this idea competition module is to support students in preparing for a successful participation in an idea competition.

In addition to module ‘Idea Competition’, EEE Teaching Toolkit offers two more modules: Course 1: Improving Entrepreneurial Skills, and Course 3: Encouraging Social Entrepreneurship, which are freely available at our Resource Platform.

 

5 teams, 26 students and 10 mentors started to work on project ideas that aim to enhance higher entrepreneurial endeavours in the region. The EEE course was promoted at 12 faculties at the University of Szeged, and receiving a positive feedback from several influential media in the region. After the application there were a small drop-out, but the most enthusiastic students stayed to create entrepreneurial value.

In previous months, students had to submit a motivational letter – including their motivations and project ideas if they already had – in order to apply for the course. Finally, the applicants were grouped into 5 teams, then the project ideas were selected and presented by the students in the middle of September.

There are more developed project concepts and less developed ideas as well, thus some of the matured projects have the possibility to reach market introduction within 1 year. These projects are briefly summarised blow:

Craft beer producer

One of the team members produces craft beer in a regular basis, but in a small amount. His idea is to establish a craft beer brand that suits the need of young people and will fulfill a market niche –quality craft beer at an affordable price. They will prepare a plan for the budget because in the first step the producer has to invest to equipment, then they will work on how to position this local craft beer on the market.

In-house restaurant

The main concept is to combine the advantages of preparing food at home and the benefits of eating in a restaurant. The team wants to open a restaurant in a flat that will host closed gastro events for those who wants to invite friends and/or relatives for special occasions. The team believes that, people do not like to clean their apartments after an event, thus they rather go to a „kitchen flat” where they just have to prepare food but do not have to wash the dishes after the event or spend time on buying the ingredients for the dinner.

PriceMind

The team is working on a marketing service that could yield significant statistical insights for companies into their competitors’ prices. The software monitors the prices in the competitors’ webshops and collects these data into tables and figures. This information could help to making better pricing decisions.

PubSearcher

This peer-to-peer smart phone application is entitled to collect all information – regarding reviews, promotions, opening hours, etc. – relating to pubs in a local area. The goal is to help people to make decisions when they are planning their Friday or Saturday nights. The business model will provide revenues for the developers from the pubs’ financial contributions.

Donations for homeless-animals

The goal of this social entrepreneurship project is to help stray animals to find a new home and to find pet friendly people in order to gain financial resource for animal shelters. The smart phone application and/or website would help non-business organizations to reach higher audiences in the country, furthermore it lets people to adopt animals virtually and contribute to their living costs. The team hopes that this online tool will decrease the number of stray animals on the streets and can mediate in a higher efficiency between orphaned animals and pet friendly people.