Enspyre Innovation Challenge - TaiwanChallenges

Enspyre Taiwan Innovation Challenge

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Info

Learn about the exciting world of entrepreneurs, and see if you have what it takes to be part of a winning start-up - without getting fired!

How do you introduce an idea, to make it exciting for other people?

This challenge is a fun, all-day event designed to build and test your entrepreneurial qualities. It doesn't matter if you have no business ideas. It doesn't matter if you have no experience, or if you're coming alone. The Entrepreneur Challenge program is designed as a first-step towards business success, and we will guide you through a series of activities which help you to:

   ▪ identify your role in a start-up team
   ▪ meet new and interesting people that you may want to partner with
   ▪ recognise new opportunities and generate business ideas
   ▪ evaluate ideas to choose the best one
   ▪ create a basic business plan you can use to refine your concept
   ▪ produce a great presentation to sell your idea to other people

About

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● Date: Sunday 4 September
● Time: Doors open at 10am
● Place: Dahan International Bussiness Center (GTBC) - 5F, No 285, Sec. 4, ZhongXiao E. Rd., Taipei, Taiwan
● Price: NT999(Regular), NT799(Special)
● Topic: To make it more fun, we will specify a business theme that all the teams must focus on.
This will be announced on the day of the Challenge.
● Team: Don't bring a business plan, don't prepare anything, and be ready to form a team on the day!
No need to bring your own.
● Notice: Bring yourself, a pen, and a computer if you have one.

Do you remember Donald Trump pointed his finger and say "You are fired!" in The Apprentice? Every week, Tump will give a task to every team, you have to make the most effective outcome for it in a limited time and resource. After weeks of tasks, he will choose the best apprentice.

This time, you don't need to get through a long time game, you won't be fired, you don't even need to worry those backstabbing people in your team. You just need a day to find out the best cooporation with your team, and achive the task together. In this process, you have to learn leadership, teamwork, lever principle, innovation thinking, and brainstorming. There will be judges estimate every team, the one who is the best, the most doable project, will get the cash prize!

- Sarah, contestant in the Entrepreneur Challenge, June 2011

Process

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10:00		Doors Open
10:30		Opening remarks & speech: Entrepreneurs and Winning Teams - Jamie Lin, President of Appworks Ventures.
11:00		Building a Team: Evaluating yourself and the people around you; build a team and check out the competition - Chris Ke Si-hai, Curator of TEDxMonga and TaiwanChallenges
12:00		Business Ideas: Where do they come from and how good are they? Brainstorming and evaluating new ideas - Elias Ek, President of Enspyre.
12:30		Working Lunch: The pressure is on, and you should be using this time to answer tough questions.
13:00		Branding Your Business: Learn from the masters - Chris Ke Si-hai
14:00		Financials: A quick look at the basic accounting you will need to show to investors - Volker Heistermann
15:00		The Pitch: Putting it all together into a presentation you can show to investors - the Challenge team and judges will be available to give advice and feedback as you prepare and practise.
17:00		Show and Tell: One person from each team will give a short presentation on their business plan, and the audience will make investment decisions.
17:45		Prizes!!

Judges

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			Jamie Lin ▪ Co-founder of appWorks, the most famous business incubator in Taiwan, Jamie is a keen blogger and promoter of Taiwan's tech start-up industry. ▪Jamie's blog Jamie：「只要你對創業有熱情，想擁有能終其一生努力的個人事業， Enspyre Innovation Challenge安石國際企業接班人競賽絕對是你的最佳試金石！」
			David Kuo ▪ Founder and CEO of WizXpand International Management Consulting Company, specializing in project management and social media training, David is also helping to organize Startup Weekend Taipei. ▪ Founder of Taiwan Professional Group on Facebook, with more than 3000 fans, a platform where working professionals in Taiwan connect via theme events (wine and coffee tasting) and workshops.
			Elias Ek ▪ President of Enspyre Office Services, Elias is an outsourcing guru with a passion for entrepreneurship and small businesses. ▪ He was the co-chairman of the European Chamber of Commerce in Taipei's Small-Medium Enterprise Centre for several years, and currently runs an intern-to-employee training program at a co-working space in Taipei.
			Chris Ke Sihai ▪ Curator of TEDxMonga, a high-level networking and idea-sharing community in Taipei focused on social change and "ideas worth spreading." ▪ Founder of TaiwanChallenges, innovating and educating in Taiwan since 2003.

Prizes

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	Best Overall ▪ NTD10,000 in cash money! Awarded to the team that, in the judges opinion, has the best overall concept and presentation. ▪ Free dinner with Jamie Lin		Investor's Choice Prize ▪ NTD5,000 awarded by the audience to the team they most want to invest in. (All participants get some Challenge Dollars to invest, and the team attracting the most investment is the winner.)
	Outsourcing Prize ▪ NTD63,000 in services from Enspyre, awarded to the team which makes best use of outsourcing in their business plan.		Most Promising Entrepreneur Prize ▪ A few individuals (not teams) will be invited to attend the next Startup Weekend for free, as a guest of the SW organising committee. (Cash value NT$2400 per winner.

I don't want to start a business, I have a job!

For many people, entrepreneur means "business owner" and this can be anything from selling noodles on the street to employing 500 people.

In fact, we are all entrepreneurs. An entrepreneur is someone who starts a project to get a good result. It can be a new system at work, a change to your company's product, a marketing campaign or team activity, any project designed to achieve a goal needs someone to manage it.

The entrepreneur challenge is about forming a team, finding an opportunity to do something differently, evaluating proposals, project planning and management, and selling your idea in order to get the resources you need.

Could you use these skills in your job?

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