Doc: CIDER BINUS

Jakarta, January 10, 2024 – Innovate & Elevate: Entrepreneurship Challenge 2024 is an exclusive entrepreneurship competition aimed at showcasing innovative business ideas and ventures developed by students enrolled in the Entrepreneurship Hatchery program.

The competition aimed to provide a platform for aspiring entrepreneurs to present their entrepreneurial concepts, receive feedback from experienced professionals, and build an entrepreneurship ecosystem within the Hatchery community.

The event offered a platform for students to pitch their startup ideas while receiving constructive feedback and mentorship from industry experts. Additionally, the competition aimed to facilitate networking opportunities among students, mentors, and potential investors.

By awarding recognition for outstanding entrepreneurial ideas and presentations, this event played a role in building a dynamic and successful entrepreneurship ecosystem within the Hatchery community.

Doc: CIDER BINUS

Doc: CIDER BINUS

This competition was exclusively open to students enrolled in the Entrepreneurship Hatchery program. Each participant/team had designated 10-minute presentation slot to pitch their business concept to a panel of judges.

The evaluation criteria encompass several key aspects. Firstly, innovation includes the uniqueness and novelty of the business/product/service idea, as well as creativity in addressing market needs or problems.

Secondly, market potential involves identifying and understanding the target market, articulating clear insights into market demand, and potential market share.

Thirdly, feasibility covers the viability and sustainability of the proposed business model or solution, along with a realistic approach to implementation and execution. Fourthly, scalability includes the growth potential and scalability of the venture, as well as demonstrated strategies to expand the business.

Doc: CIDER BINUS

 

Website : https://international.binus.ac.id/cider

Instagram : @BINUS_CIDER

Email : cider@binus.edu