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21/07/2008 12:00:00 AM
THE Australian Maritime College's Big Idea Competition 2008 is off and running following an official launch last Thursday.
AMC national centre for ports and shipping director Capt.
John Lloyd told 60 guests that the competition was a great opportunity for those involved to work with students from across all areas of the AMC and the broader community.
Now in its fourth year, the Big Idea business plan competition is open to teams who take an idea through development stages to a completed business plan.
Teams must have at least one AMC student as a member. The entrants are helped on their way with three seminars hosted by Derek LeMarchant, of the Department of Economic Development, and Brett Charlton, of Williard Estate Logistics.
AMC department of maritime and logistics management head Stephen Cahoon said that the competition gave students invaluable experience in a specialised field.
"This competition really encourages the development of entrepreneurial businesses and more importantly it fosters a culture of entrepreneurship and innovation among students," Dr Cahoon said.
Applications close on July 30 and final submissions must be in on September 29. A panel of academic and industry experts will judge entries and choose a winner for the first prize of $1500 and $500 second prize.
Past entries have included a plan to buy the Nanaimo Harbour City Marina in Vancouver, Canada, a plan to develop an outdoor adventure business in Northern Tasmania and a plan to set up a travel company specialising in group travel packages for people interested in cultural tours of Malaysia.
THE Australian Maritime College's Big Idea Competition 2008 is off and running following an official launch last Thursday.
AMC national centre for ports and shipping director Capt.
John Lloyd told 60 guests that the competition was a great opportunity for those involved to work with students from across all areas of the AMC and the broader community.
Now in its fourth year, the Big Idea business plan competition is open to teams who take an idea through development stages to a completed business plan.
Teams must have at least one AMC student as a member. The entrants are helped on their way with three seminars hosted by Derek LeMarchant, of the Department of Economic Development, and Brett Charlton, of Williard Estate Logistics.
AMC department of maritime and logistics management head Stephen Cahoon said that the competition gave students invaluable experience in a specialised field.
"This competition really encourages the development of entrepreneurial businesses and more importantly it fosters a culture of entrepreneurship and innovation among students," Dr Cahoon said.
Applications close on July 30 and final submissions must be in on September 29. A panel of academic and industry experts will judge entries and choose a winner for the first prize of $1500 and $500 second prize.
Past entries have included a plan to buy the Nanaimo Harbour City Marina in Vancouver, Canada, a plan to develop an outdoor adventure business in Northern Tasmania and a plan to set up a travel company specialising in group travel packages for people interested in cultural tours of Malaysia.
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