The IBISWorld 3P Innovation Competition is an annual contest for UTS undergraduate and postgraduate students. The competition gives students the chance to explore creative and innovative business ideas whilst being mentored by business professionals.
The competition requires students to develop a new, innovative product/idea or service associated with the 3P (People, Planet, Profit). Teams are required to develop their ideas into a viable business case, submitting a LEAN CANVAS for judging. The top six canvas will be selected to pitch to a panel of experts to win a share of $25,000.00.
Previous winners include an on-demand hiring service for contractors, industrial lift, a digital textbook service, safer, fashionable and practical scooter attire, crowd sourced fashion website, an online art platform, thermoelectric generation devices and a home automation system.
The competition has been proudly supported by IBISWorld since 2013.
What to expect
Students will have the opportunity to meet with mentors over 6 consultation sessions, to discuss their startup ideas and develop their lean canvas. Lean canvas are then submitted for judging, and six finalists are chosen to pitch to the judging panel for final assessment.
1st Place $12,000
2nd Place $8,000
3rd Place $5,000
Find further information about Important dates
Find further information on the 3P Mentors
Katt Robertson (3P Manager) / During office hours please call: 02 9514 3560
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Watch: How to be an Entrepreneur