Imagine developing a big idea and earning credit towards your degree, with a good chance of winning up to $10,000 to launch your concept.
That could be your reality, thanks to the Griffith Innovation Challenge.
Griffith Innovation Challenge and 3 Day Startup Project Coordinator Simon Barclay says all Griffith undergraduate students are encouraged to enrol in the 10CP course, regardless of their degree.
“The Challenge provides students of all study disciplines and experience levels the opportunity to work alone or in teams on ideas for innovative new products and services that could result in successful ventures and positive social change,” Simon says.
“Even if you are unsure how ‘big’ your idea may be, this course provides a top incubator-like opportunity.”
The course culminates with a pitching competition and awards dinner, where industry representatives as well as social and professional organisations hear the finalists’ pitches.
Industry partners Transit Australia Group and RedEye will sponsor the winning idea.
“The winning individual or team will score up to $10,000 in industry sponsorship and ongoing mentoring to launch their idea and bring it to life,” Simon says.
“With Griffith Innovation Challenge course numbers limited to around 40 participants, the chance of winning is quite high.”
Industry mentoring and employability are key
Department of Business Strategy and Innovation’s Head of Department Professor Rosemary Stockdale says all participants will benefit from industry mentoring throughout the Griffith Innovation Challenge.
“Griffith alumni who have become entrepreneurs will mentor individuals and teams to help shape their ideas into viable businesses,” she says.
The Challenge also boosts student employability and encourages innovation and creativity among all participants.
“Being innovative and creative makes students so much more employable. People aren’t necessarily born with these attributes, but they can most certainly be learned,” Professor Stockdale says.
“The whole point of the Challenge is to instill innovation and creativity as core attributes of participants, because surveys show this is what major industries and employers are looking for.”
Simon says students working together from a range of study disciplines is another benefit of the course.
“These interdisciplinary teams give students exposure to different ways of thinking and mimic the environment of the workplace,” he says.
‘Essential skills for today’s business world’
Chief Executive Officer at Transit Australia Group Michael McGee is both the lead industry sponsor of the Griffith Innovation Challenge and a proud Griffith alumnus.
He says sponsoring the course was an easy decision because of the opportunity it provides to foster innovation.
“This type of course is important for students to develop entrepreneurial skills,” Michael says.
“The skills of creative thinking, problem solving, measured risk taking and ability to pivot on learnings are essential skills for today’s business world.”
The Griffith Innovation Challenge kicks off in Trimester 2 on the Nathan and Gold Coast campuses, with enrolment currently open to all Griffith University undergraduate students.
For more information, see Griffith Innovation Challenge.