Description
In this particular brief file regarding to assist family enterprises in cultivating the entrepreneurial spirit.
The University of Adelaide presents the
Australian eChallenge
NextGen
adelaide.edu.au/echallenge
The overarching purpose of the NextGen eChallenge is to assist family enterprises
in cultivating the entrepreneurial spirit of the next generation of leaders.
The Australian eChallenge NextGen
The University of Adelaide
ENTREPRENEURSHIP
COMMERCIALISATION AND
INNOVATION CENTRE
Family businesses are the engine room
for entrepreneurial activity and growth of
economies around the world. They are
increasingly challenged on how to remain
competitive and viable in the changing
economic landscape. In such times, there is
an imperative for family businesses to create
new and innovative systems and processes,
enhance their capabilities, and develop
opportunities for new markets and/or launch
new business ventures.
The University of Adelaide’s Entrepreneurship
Commercialisation and Innovation centre
(ECIC) and Family Business Education and
Research Group (FBERG) are introducing a
family business stream into the Australian
eChallenge program, in partnership with
Family Business Australia and the South
Australian Government Department of
State Development.
The Australian eChallenge NextGen, is
a structured educational and mentoring
program that assists family ?rms in working
with the next generation of leaders in
translating entrepreneurial and innovative
ideas into commercial reality. ECIC has been
running the successful Australian eChallenge
since 2001. The new NextGen stream will
extend this program into the South Australian
family business sector in 2015 and nationally
in 2016.
Program bene?ts;
> Develop new ventures,
> Create new products, services,
or processes,
> Discover innovative ways to
engage with existing, emerging,
and new markets nationally and/or
internationally,
> Build skills that increase entrepreneurial
capacity within your business,
> Be in the running to win $10,000
cash, and
> Count this program towards a degree
with The University of Adelaide.
Australian eChallenge
NextGen
The Australian eChallenge NextGen provides
a proven teaching and learning environment
that exposes participants to;
> entrepreneurial leadership,
> entrepreneurial strategy development,
> strategic business planning,
> the world of commercialisation, and
> venture ?nancing
The Australian eChallenge NextGen is a
12 week program that is based around
the development and submission of a
comprehensive strategic business plan for
the further development of an entrepreneurial
idea such as a new business venture,
product or process.
It is a competition where NextGen teams
compete for prizes and the prestige of being
nominated the most outstanding Australian
eChallenge NextGen entrepreneurial venture
for the year.
The introduction of
a Family Business
(NextGen) Stream in
2015 will introduce the
Australian eChallenge
program to family
businesses within South
Australia and beyond.
PRIZE
Winner of
the Australian
eChallenge
NextGen receives
$10,000 cash
The Australian eChallenge NextGen
The Process
Family businesses can enter teams of 2-6
people either from within the business or
a combination of individuals from in and
outside the business. This could include a
business advisor or one of our high achieving
University of Adelaide students.
Teams are required to develop and submit a
business concept proposal in the ?rst round.
Each concept proposal is sent to 3 judges
from the business community for feedback.
Teams are paired with an experienced
mentor from the business community
whose knowledge is invaluable in helping
to construct a business plan to take their
entrepreneurial ideas from a concept to an
executable strategy.
A series of face-to-face workshops,
presented by specialists in their various
?elds, outline the steps to building a
successful business: from developing and
assessing their idea, through to marketing,
?nance, intellectual property, writing the plan
and delivering a presentation. Participants
have access to the eChallenge Blackboard
online materials containing, readings, video
and PowerPoint presentations. There are
up to ten modules covering all aspects of
business planning.
Semi-?nal teams are required to develop and
submit a detailed business plan for their idea
for judging by the expert panel. Successful
teams are then invited to compete in the
?nals. The ?nals judging include an oral
pitch. The judges are looking for innovative
concepts that have an overall commercial
viability for the business based on the quality
of the opportunity, the market, competitive
advantage, and the team’s strengths and
weaknesses.
The Australian eChallenge NextGen winner is
announced at the Final Awards Dinner at the
Adelaide Oval in November.
What next…
1. Think of an entrepreneurial or innovative
idea for your business that you would like to
transform into commercial reality
2. Put together a team of 2 to 6 involving the
next generation of leaders;
3. Register your team via the link below
Registrations open are open with the
program commencing July 2015. For further
information and/or register, go to:
www.adelaide.edu.au/echallenge/nextgen
Contact
Zrinka Tokic, eChallenge Manager
Entrepreneurship, Commercialisation
& Innovation Centre (ECIC)
Level 5, Nexus 10 Building
Cnr North Terrace & Pulteney St
The University of Adelaide
Adelaide, SA 5005
Telephone: +61 8 8313 7131
Facsimile: +61 8 8313 7512
Email: [email protected]
adelaide.edu.au/echallenge
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 2015
doc_700222868.pdf
In this particular brief file regarding to assist family enterprises in cultivating the entrepreneurial spirit.
The University of Adelaide presents the
Australian eChallenge
NextGen
adelaide.edu.au/echallenge
The overarching purpose of the NextGen eChallenge is to assist family enterprises
in cultivating the entrepreneurial spirit of the next generation of leaders.
The Australian eChallenge NextGen
The University of Adelaide
ENTREPRENEURSHIP
COMMERCIALISATION AND
INNOVATION CENTRE
Family businesses are the engine room
for entrepreneurial activity and growth of
economies around the world. They are
increasingly challenged on how to remain
competitive and viable in the changing
economic landscape. In such times, there is
an imperative for family businesses to create
new and innovative systems and processes,
enhance their capabilities, and develop
opportunities for new markets and/or launch
new business ventures.
The University of Adelaide’s Entrepreneurship
Commercialisation and Innovation centre
(ECIC) and Family Business Education and
Research Group (FBERG) are introducing a
family business stream into the Australian
eChallenge program, in partnership with
Family Business Australia and the South
Australian Government Department of
State Development.
The Australian eChallenge NextGen, is
a structured educational and mentoring
program that assists family ?rms in working
with the next generation of leaders in
translating entrepreneurial and innovative
ideas into commercial reality. ECIC has been
running the successful Australian eChallenge
since 2001. The new NextGen stream will
extend this program into the South Australian
family business sector in 2015 and nationally
in 2016.
Program bene?ts;
> Develop new ventures,
> Create new products, services,
or processes,
> Discover innovative ways to
engage with existing, emerging,
and new markets nationally and/or
internationally,
> Build skills that increase entrepreneurial
capacity within your business,
> Be in the running to win $10,000
cash, and
> Count this program towards a degree
with The University of Adelaide.
Australian eChallenge
NextGen
The Australian eChallenge NextGen provides
a proven teaching and learning environment
that exposes participants to;
> entrepreneurial leadership,
> entrepreneurial strategy development,
> strategic business planning,
> the world of commercialisation, and
> venture ?nancing
The Australian eChallenge NextGen is a
12 week program that is based around
the development and submission of a
comprehensive strategic business plan for
the further development of an entrepreneurial
idea such as a new business venture,
product or process.
It is a competition where NextGen teams
compete for prizes and the prestige of being
nominated the most outstanding Australian
eChallenge NextGen entrepreneurial venture
for the year.
The introduction of
a Family Business
(NextGen) Stream in
2015 will introduce the
Australian eChallenge
program to family
businesses within South
Australia and beyond.
PRIZE
Winner of
the Australian
eChallenge
NextGen receives
$10,000 cash
The Australian eChallenge NextGen
The Process
Family businesses can enter teams of 2-6
people either from within the business or
a combination of individuals from in and
outside the business. This could include a
business advisor or one of our high achieving
University of Adelaide students.
Teams are required to develop and submit a
business concept proposal in the ?rst round.
Each concept proposal is sent to 3 judges
from the business community for feedback.
Teams are paired with an experienced
mentor from the business community
whose knowledge is invaluable in helping
to construct a business plan to take their
entrepreneurial ideas from a concept to an
executable strategy.
A series of face-to-face workshops,
presented by specialists in their various
?elds, outline the steps to building a
successful business: from developing and
assessing their idea, through to marketing,
?nance, intellectual property, writing the plan
and delivering a presentation. Participants
have access to the eChallenge Blackboard
online materials containing, readings, video
and PowerPoint presentations. There are
up to ten modules covering all aspects of
business planning.
Semi-?nal teams are required to develop and
submit a detailed business plan for their idea
for judging by the expert panel. Successful
teams are then invited to compete in the
?nals. The ?nals judging include an oral
pitch. The judges are looking for innovative
concepts that have an overall commercial
viability for the business based on the quality
of the opportunity, the market, competitive
advantage, and the team’s strengths and
weaknesses.
The Australian eChallenge NextGen winner is
announced at the Final Awards Dinner at the
Adelaide Oval in November.
What next…
1. Think of an entrepreneurial or innovative
idea for your business that you would like to
transform into commercial reality
2. Put together a team of 2 to 6 involving the
next generation of leaders;
3. Register your team via the link below
Registrations open are open with the
program commencing July 2015. For further
information and/or register, go to:
www.adelaide.edu.au/echallenge/nextgen
Contact
Zrinka Tokic, eChallenge Manager
Entrepreneurship, Commercialisation
& Innovation Centre (ECIC)
Level 5, Nexus 10 Building
Cnr North Terrace & Pulteney St
The University of Adelaide
Adelaide, SA 5005
Telephone: +61 8 8313 7131
Facsimile: +61 8 8313 7512
Email: [email protected]
adelaide.edu.au/echallenge
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 2015
doc_700222868.pdf