Call for the Youngbusiness.net Youth Enterprise Competition
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The Neumann János Középiskola és Kollégium (János Neumann Secondary School and Student Hostel) and the NYEC (Neumann Youth Enterprise Centre) within the framework of the Leonardo Youngbusiness.net2 Project calls You for participation in the Youngbusiness.net Youth Enterprise Competition.
Participants: 1 group of 4 students (age 15-18), + 1 Coach (supporting teacher)
The Goals of the Competition are
1. to extend the students’ knowledge of enterprise,
2. to motivate the students to get known with real enterprises and to show enterprise,
3. to develop the students’ ability of team-work and cooperation,
4. to create an opportunity for the students within the framework of the Competition to apply their theoretical knowledge in parctice,
5. to offer a chance to the students, their teachers and representatives of business and education to get known with teaching enterprise and its application in real life,
6. to show to managers of firms and companies the results and benefits of teaching enterprise,
7. to consider the results of teaching enterprise on international level
8. to inform the public about the results of Work Package2 – Enterprise in Schools - in Leonardo Youngbusiness.net2 international project.
The Content of the Competition
Enterprise activity is a very complex form, therefore a successful enterpreneur must be versatile. Different business situations need require from the enterpreneur the application of different skills in problem solving. Int he competition the students are to find problem solving solutions in real-like business situations in group work.
The achievement of the students is evaluated in 3 parts:
I. Part
The task of the students is to to develop an analytical introduction, the history, of a successful enterprise in their region. The form of the documentation of this work can be a case study in the form of
a)an essay (min.6, max. 12 pages, including about 2-3 pages demonstrative material),
b)a multimedia presentation material, (min.6 minutes, max. 12 minutes)
c)a documentary film (min.6 minutes, max. 12 minutes)
The Introductory Materials are to be sent to the following address:
By post:
Neumann János Középiskola és Kollégium
H-3300 Eger
Rákóczi u. 48.
Hungary
By e-mail in attached file:
Deadline: 1. March 2006
haron@nejanet.hu
II. Part
Each team will be given a business case study. Their task will be to develop a business plan and to document it in power point form, taking the conditions and circumstances in the given case study into consideration. The teams will have 3 hours for working. After 3 hours, the teams will have 10 minutes each to give their presentations about their business plans.
Criteria of evaluation:
1. Clear definition of the goal of the business plan.
2. Structural development of the business plan.
3. Sound foundation and the standard of the elaboration of the main parts of the business plan (marketing plan, income plan, financing plan, action plan).
4. Performance.
III Part
The teams will prove their preparadness and aptitude in partly real and partly simulated enterprise games. The teams will aim for maximalising their profit as it is in real life business. We will simulate 3 business years. That team will win who will realise the highest profit. (See attached: Enterprise Game)
Date of the Competition: 7-8. April 2006
Venue: Neumann Youth Enterprise Centre, Eger, Hungary
Deadline for Entry: 20. January 2006.
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