Mesup entrepreneurship competition kofteros  27-02-2013
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Mesup entrepreneurship competition kofteros 27-02-2013

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Mentoring Startups Entrepreneurship Competition Intro

Mentoring Startups Entrepreneurship Competition Intro

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Mesup entrepreneurship competition kofteros  27-02-2013 Mesup entrepreneurship competition kofteros 27-02-2013 Presentation Transcript

  • Mentoring Startups www.cycrete‐mentor.euMESUP Entrepreneurship  Competition 
  • Mentoring Startups Project• Financed by INTERREG Greece – Cyprus• Partners: – Science & Technology Park of Crete/FORTH (Crete) – DIOGENES  Business Incubator, Univ. Of Cyprus  (Cyprus)• Total budget: €295.000 • Duration: July 2012‐June 2013
  • Main Objectives• Support the cooperation between Incubators  in Crete and Cyprus • Promote technological innovation • Develop of on‐line tools to promote  entrepreneurship and  support the creation of  spin‐off companies in the two regions
  • MESUP Tools1. E‐learning Platform for on‐line training2. Knowledge base3. Entrepreneurship Competition4. Business simulation game5. Social networking application www.cycrete‐mentor.eu
  • E‐learning platformTraining Modules Platform• Entrepreneurship and Business  • Communication with  development Knowledge base• Business Plan – Tool which manages • Marketing Plan metadata and offers access • Financial Management to the digital library  • Management of Intellectual  Property• Project Management• Internationalization of  business• Case studies
  • Business Simulation Game• Development of an application for a Business Simulation Game• Basic scenario – simulation of a business or a market or a good
  • Social Networking Application• special tools for dialogue, consultation and  networking on entrepreneurship issues   • Participation of new entrepreneurs in business  missions, events, exhibitions and other  promotional events
  • Mentoring StartupsENTREPRENEURSHIP COMPETITION
  • MESUP Entrepreneurship Competition• Regional: Greece & Cyprus• E‐learning component: Starting up Essentials• Mentoring • Active promotion of entrepreneurial culture in  Cyprus and Crete primarily, and rest of Greece• Prerequisite: register for the free online courses  through the MESUP moodle platform• Award: €2.000 worth of VC Forum Participation
  • Important Dates• On line• Phase 1: Deadline March 14th 2013 – Participate in online e‐learning courses • http://www.cycrete‐mentor.eu/lms/ – submit a Business Plan (guidelines provided) • http://cycrete‐mentor.eu/contest.php• Phase 2: Deadline April 14th 2013 – Mentoring  – Submit 10‐slide pitch ppt – Submit 3 minute digital pitch video
  • Success Criteria Is the business idea highly attractive and realistic?  Can the business idea be protected from the competition?  What is the business model? What is the investment needed to realize the business idea?  The market and financial projections reflect a team that knows its space?  How much time till launch in the market?  Can the idea acquire a leading market position?  Has the team tested the idea in the market in some way?  Who is/are their first customers/users?  Is the team focused on their target market?  Does the team have the necessary communication skills to present a compelling story?  What’s the team’s role in implementing the business idea?  Does the team have a clear investment plan?  Is the business plan complete and well written?  Are the team members focused on the proposed ides?  Primary target of participants:   Teams  Startups of <5years
  • Thank youwww.cycrete‐mentor.eu