LEZGRO and Growthup Co-Organizing Local Stage of Iron Entrepreneur Contest

Top Quote LEZGRO, web and mobile development company, and Growthup, Ukraine's first and best business incubator, have agreed to organize the regional tour of "Iron Entrepreneur" contest. End Quote
  • (1888PressRelease) February 12, 2013 - The tour will take place in the end of February 2013. Whole series of contests will be held in 10 cities overall in Ukraine and in around 100 cities in various countries of Eastern Europe.

    About Iron Entrepreneur
    Gameplay: Only one task will be given to participants - to develop a business idea based on an dedicated innovative technology.

    Objectives:
    To develop as many ideas and practical usage of technology as possible and to choose the best one which will be the perspective of different commercial viewpoints.

    For Each The Idea Participants Should

    develop business model.
    assess the amount of estimated market.
    define the target audience and methods of promoting new product.
    prepare the presentation.
    Only one hour will be allocated to finish all these stages !

    Participating in the Contest
    The only one criteria participants must comply is to be a student of 3rd to 5th grades.
    The educational profile doesn't matter for us. Approximately ten teams will participate, with each of them ideally consisting of 4 to 5 participants.

    The contest will start from announcing the technology, opportunity or special terms that are given from above and have to be utilized in developing the business model of the company. Teams will then have 1 hour to prepare the business model. Ideas will be pitched to jury during 3 minutes each, with same amount of time provided after for questions and answers.

    After all the teams finish their presentations they will leave for 20 minutes and jury will choose the 3 winners teams.Teams who will take the first and second places are to be invited to participate in the semifinals of the tournament in Kyiv during iForum 2013, country's biggest IT conference. The third place winner team will be granted with valuable prizes.

    The jury committee represents of IT and venture business.

    Organizing the Event
    The championship will be hosted by LEZGRO and supported by regional universities and other IT companies. We are working on announcing the event among local entrepreneurial communities, Universities and youth organizations.

    Please contact maria.pidruchny [ at ] lezgro.com for more details and partnership in organizing this event.

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