MIBPC Competition Background

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MIBPC Competition Background

  1. 1. MSC Malaysia IHLBusiness Plan(MIBPC) 2011- Background Info Supported by : Organised by :
  2. 2. MIBPC BRIEF INFOCollaboration between Multimedia DevelopmentCorporation (MDeC), MOHE & all Universities/College (MDeC), MDeCUniversities in MalaysiaFirst competition was held in 2004Organised by the National Unipreneur Developmentunit (NUDP) mission:-NUDP’s mission:- To harness the talents in MalaysianUniversities and develop university entrepreneurs,providing them with the necessary resources andopportunities to realise their full commercial potential
  3. 3. MIBPC OBJECTIVES
  4. 4. HISTORY OF PARTICIPATION- PARTICIPATION- Idea Generated from the competition500 452450400 No of IHL Business Idea Business Plan 354350300 267250 210 200200 172 167150 111 76100 31 32 21 31 43 43 50 11 21 5 0 2004 2005 2006 2007 2008 2009
  5. 5. BENEFITS OF COMPETITION Access to Creation of New Training, ICT SMEsCompetition Funding & Prizes Product Development
  6. 6. SCOPE OF COMPETITION Internet Creative Based Multimedia Business Mobility Embedded SoftwareApplication & Hardware Software ICT
  7. 7. 2 CATEGORIES 1.BUSINESS IDEA 2.BUSINESS PLAN Combination of Undergraduate,Undergraduate (Final Year postgraduate, researchers, academic andRecommended) non- non-academic personnelDemonstrate the commercial Include a comprehensive Business Planviability of the idea detailing the commercial viabilityDoes not require a prototype or Compulsory to show prototype or productproduct Max Team Member : 4Max Team Member : 3
  8. 8. EVALUATION CRITERIA BUSINESS IDEA BUSINESS PLAN Overall ProposalOverall Proposal InnovativenessInnovativeness Desc. Product / Service Desc.Product / Service Desc. Desc. Market & Competition Marketing & Sales StrategyMarket & Competition Opportunities & RisksCommercial Viability Implementation Schedule Financials Team Structure & Composition Commercial Viability Prototype
  9. 9. IHL LEVEL NATIONAL LEVEL NATIONAL LEVEL Jul – Dec 2010 Jan – Feb 2011 Mar 2011 Train the trainer Pre-Qualification Day 1 : Final Program Selection Presentation IHL Internal Competition 14 Chosen Teams Day 2 : Award advanced to final Presentation Ceremony Winners (BI & BP) (7 BI & 7 BP) MIBPC TIMEFRAME (2010/2011) Phase1 Phase 2 Phase3 Internal/ Pre- Pre-Q/ Final/ IHL MDeC MDeC* IHL are encouraged to conduct Internal Competition * IHL with internal competition can send Max of 3 BIs & 3 BPs Closing Date : 15 Dec 2010
  10. 10. PRIZES BUSINESS IDEA BUSINESS PLAN Cash: RM 7,000 Cash: RM 10,000 Cash: RM 5,000 Cash: RM 7,000 Cash: RM 3,000 Cash: RM 5,000 Cash: RM 1,000 Cash: RM 1,500 TROPHIES & CERTIFICATES
  11. 11. SUPPORTING PROGRAM BY MDEC Promotion at IHL/ Experience sharing Training for Mentors/Advisors/ Pitching and Roadshow Student Leaders to Presentation conduct MIBPC at Preparation for IHLs Finalists Finalist Train the Bootcamp trainer MIBPC Judging Business ClinicMDeC & Industry 1-1 Advisory by Can be Internal Industry Partner IHL Judges Workshops Idea Generation/Refinement Workshop
  12. 12. TECHNOPRENEUR HIGHLIGHTS .. SUCCESS STORY • Mr. Ooi Boon Sheng, CTO, Web Bytes Sdn. Bhd. (From : MIBPC USM) • Funded by MSC Pre-Seed Fund in 2006 to develop Software-As-A-Service business applications Xilnex Retail Business Solution, Xilnex Optical Business Solution • Xilnex is a hybrid of both web application & standalone application. • Company is growing fast - Actual product launch was 12 months ago • Have clients locally and abroad - Penang, Ipoh, KL, Johor, Singapore and Australia.
  13. 13. FUNDING AWARDED in 2010 ICON Grant (RM100,000) :1. Team/Project Name : Medialab Ideas (Eco- Bumi) University : University Malaysia Pahang (UMP) 1st Runner-up MIBPC 2009/10 – Business Idea category2. Team/Project Name : i-Tech (Virtual Skool) University : University Utara Malaysia (UUM) Finalist of MIBPC 2009/10 – Business Plan Category3. Company Name : Minds Technology Sdn Bhd University : University Kebangsaan Malaysia (UKM) MSC Malaysia Unitech participant
  14. 14. MIBPC PRESEED FUND RECIPIENTS 2008 2007 2006 1 UTEM 1 USM 1 USM Grand Prize BI Grand Prize BP Grand Prize BI 2. UTP 2. UTM 2 Sunway College Grand Prize BP 1st Runner Up BP 1st Runner Up BI UTEM 3 MUST 3 UTM Merit 2 BP 2nd Runner Up BP 1st Runner Up BP 4 UTM 4 UPM Merit 1 BP Merit BP Note: Approximately 14 5 MSU Projects with a total of Finalist BP RM2.1M was awarded viaFUND AMT = the PreSeed Fund 6 UIA RM150k Finalist BP 7 UUM Merit 1 BI
  15. 15. PAST WINNERS 2009/10 Business Plan : KDU Business Idea : UIA 2008/09 Business Plan : UTP Business Idea : UTeM 2007/08 Business Plan : USM Business Idea : MMU 2006/07 Business Plan : USM Business Idea : UTM 2005/06 Business Plan : UTM Business Idea : APIIT
  16. 16. Thank youJoin us at:facebook.com/facebook.com/MSC Malaysia National UnipreneursFor Further Information visit :www.mscmalaysia.my/unipreneur

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