VII Stock of Entrepreneurial Ideas UDG
UDG is proud to announce the call for applications for VII Stock of Entrepreneurial Ideas. Deadline for applications is 27th April 2017. The letter of announcement of the Stock is in the exteded version of the news.
Dear colleagues,
As you know, University of Donja Gorica is one of the first student entrepreneurship supporters in Montenegro. In accordance with this, and guided by the Professor's equation, where the student's ability is equal to the knowledge gained multiplied by the intensity of living squared (S = z * i²), this year
Student Business Center in cooperation with the "Freedom & Entrepreneurship" foundation, continues its, now traditional, entrepreneurial-oriented projects, which are, every year, more and more, showing that luck really follows the ready ones!
Stock of entrepreneurial ideas is place where the “Supply” and “Demand” encounter.
Once again, we are giving you the opportunity, depending on how much you are ready, to test your luck by intertwining nice and useful through VII Stock of Entrepreneurial Ideas!
On the „Supply” side can be your ideas, which can be licitated by the “demand”, represented by companies and institutions willing to invest in new business ideas.
Depending on the quality of ideas, which should present synergy of your courage and creativity, the best 11 will have the opportunity to be presented to the "demand" on the Day of Europe - May 09, 2017.
Traditionally, after the presentation comes quotation for the ideas.
The best 30 ideas will also be presented in the seventh edition of the book "Book of ideas."
It is important to emphasize that the book carries the message that the burden of success lies not only within the best 11 ideas, but in many other great ideas, in which the representatives of the "demand" will also be able to invest even though the ideas itself will not be presented.
In 2016. foundation “Freedom & Entrepreneurship was established with the aim to aspire young individuals to turn their ideas in the profitable businesses , and help them through the process . The money provided by the “Demand” will be paid on the Foundation’s account first, which will immediately upon payment transfer 50% of the funds to the idea owners, while the other 50% will be paid to the owners of the ideas on the day when they establish their companies. The deadline for this establishment is 24 months from the date of the first 50% fund transfer .
If within this period company is not established, foundation retains this amount and directs its elsewhere, in order to support the other established companies, which applied for foundation’s financial aid. This will be discussed in more detail on the VII Stock of Entrepreneurial Ideas.
Likewise, awards from the VI Stock of Entrepreneurial Ideas will be officially announced at this year's Stock of Entrepreneurial Ideas - 09th May 2017, for all the companies which were established in the meantime, and whose business ideas were presented on some of the previous Stocks of Entrepreneurial Ideas.
UDG, as the initiator of the competitions based on the rules of fair, open-market competitions, once again opens the call for high school and university students from both, Montenegro and Europe, until April, 27th 2017. You can apply via website: Apply.
Members of Student Business Center (SBC) are entitled to free consultations regarding their business ideas and any application issue they have. Please submit your consultation inquiry on e-mail: sbc@udg.edu.me
In case you have any additional questions, please do not hesitate to contact us!
Bear in mind that your ideas are starting point for the history of the future of all of us, so we invite you to apply, and thus make a quality introduction to entrepreneurial life that awaits you.
To put it simple, since it is impossible to live only from the enthusiasm, maybe you should come and not only earn money, but also find business partners – and so gain the initial capital for your business?
Best regards,
The Stock of Entrepreneurial Ideas - UDG
a: Donja Gorica, Ulica Oktoih 1
e: berza@udg.edu.me
w: http://www.udg.edu.me/berzaideja/index.html