A deep dive into entrepreneurship

 Welcome back to my blog.

So what is this competition about?

This is an immense international event which is also held at Kingston university and it’s open for all students in any year so it’s a very diverse and broad competition.

The history behind Bright Ideas

Bright Ideas was in fact, co-created nine years ago, in conjunction with businesses to foster a culture of aspiration among students to give them the chance to create their business ideas for a new business, a social project or an application of technology of their choice for any cause or campaign they resonate with, as leader of the Masood Entrepreneurship Centre said in an article “we believe that anyone can have a bright idea, and that bright ideas can come from anywhere, regardless of background”. 

What can this Idea be about?

Causes have been broad in range for example, from taking initiatives to improve climate change and wildlife matters to supporting the homeless and those in need to make a difference for the environment and their communities.

So what is the process like?

There are different stages to this competition from the development of your idea all the way to the grand final and prize date. The competition starts with an online application, which you have to submit by a certain deadline from the day the submissions are opened on their official website called ‘Younoodle’. It’s important to note that you can enter with your idea alone or be part of a team, and since I entered the competition as part of my assignment for my ‘Organisations and Entrepreneurship’ module I had the opportunity to work on a business plan with my team members.

The second stage is to attend a ‘sprint’ session powered by Bright Ideas that is held after the submission date closes in which you are invited to attend a live workshop with your team members and to make sure you get selected for this, you must make sure that your pitch idea is as interesting as possible as numbers are limited.

The final stage is the one where your idea is then selected and reviewed by a panel of professional judges from different faculties and this is to make sure that each idea has been judged fairly from different perspectives from the creative side to the technical aspect to understand if your business idea could essentially come to life and generate a revenue or attract sponsors.

Reference List:

In-cumbria (13^th April) ‘Bright Stars business competition launches for primary schools across Cumbria’ Available at (https://www.in-cumbria.com/news/20062967.barrow-schools-take-part-bright-stars-social-enterprise-competition/) (Accessed: 29 November 2022)

Masood Entrepreneurship Centre The university of Manchester ‘Bright Ideas Competition’ Available at (https://www.entrepreneurship.manchester.ac.uk/develop/competitions/bright-ideas/) (Accessed: 29 November 2022)

‘Bright Ideas Competition 2020/2021’ Available at (https://platform.younoodle.com/competition/bright_ideas_competition_20202021) (Accessed: 29 November 2022)