1. Coming Up With A Good Idea
Anthony Plumridge
Wednesday 22nd October 2008

2. Welcome!!! Agenda for today: Overview of competition
What makes a winner?
What we are looking for
How can we help

3. What is theBizIdea? - Business Plan Competition
- Business Ideas Competition
- Encouraging enterprise
- Seminars and mentoring

4. The prizes… Best Business Idea: Best Social Enterprise Idea:
Best Creative Design Idea:
Category Runners-up:
Marketing Prize:
Merit Awards:
Total prize fund:
£tbc
1 year CIM Affiliate Membership and a free course worth up to £500
£100 each
£22,500

5. Sponsors and supporters

6. What makes a winner?

7. theBizIdea 2005/06 Social Enterprise category winner
Patrick Dasoberi
International student from Ghana
MSc in Information Technology
Idea for a student community portal based on connecting students with services
UWE Incubator, QuickMark project for web-based and interactive portal, access to
support organisations, mentors
Set up a subsidiary company in Ghana to exploit the African market
Carried out pilot projects
Software launched on
- YouTube presentation -  

8. theBizIdea 2006/07 Business category winner
Nic Smith
Graduated from UWE with BSc in Aeronautical Engineering in 2002
Coolboard, a balance board, emerged out of his passion for surfing
Won the Best Business Start-up category in 2006/07
Used prize money to continue with patents
UWE Incubator, mentor network
Selling coolboards on line and via sports events,
retail outlets, gyms and surf academies.

9. The Idea… - Is it clear? - Can you prevent other people copying?
- Is it innovative/unique?
- Viability / sustainability of the idea
- Impact!

11. What’s your market and how do you get at it?
Is there a market?
How big is it?
Do you understand how it works?
Do you know your customers?
How do you sell to them?

12. The Team… Balanced skills Ideas people and managers
Clearly defined roles
- Passion and belief

13. Dates for your diary 13th Oct 08 Launch Night
22nd Oct – 12th Nov 08 Autumn Workshops
2nd Feb 08 Registration Deadline
tbc Spring term workshop
3rd April 08 Submission Deadline
7th May 09 Presentation Evening

14. theBizIdea Workshops 22nd Oct 08 Coming up with a good Idea
22nd Oct 08 Should you protect your idea
29th Oct 08 Thinking of your idea as a business
29th Oct 08 Understanding the market for your idea
5th Nov 08 Setting your goals
5th Nov 08 What resources do I need
12th Nov 08 Successful Entrepreneurs/Winners

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