1.0
INTRODUCTION
Economy and Entrepreneurship department, Majlis Perwakilan Pelajar Universiti Teknologi PETRONAS (MPPUTP) will be organising Bizz Kick-Start Challenge 2013, a businessbased competition, from June 2013 until November 2013. Bizz Kick-Start Challenge 2013 is the best platform for Universiti Teknologi PETRONAS (UTP) students to show their talent in business field. In reference to the name of event itself, Bizz Kick-Start Challenge 2013 is focusing in implementing professional business culture among students of UTP. In order to promote business development and professionalism to students, each participants (individual or group) need to present their business proposal to judges. The judges in return will give comments or amendment to the proposal before secretariat decided either to invest in their business or not. Later, during the competition, participants have to present their financial statement periodically to the secretariat and at the end of the competition; participant with the highest profit and most creative will be announced as the winner. Wrapping up, this competition surely beneficial to UTP and its students as it is fulfilling one of the UTP’s well-rounded graduate models which is ‘Business Acumen’ and it is surely helping UTP in achieving its objective and one of its missions.
2.0
OBJECTIVES
Create the business environment among students.
Provide a platform for to students to enhance their entrepreneurship skill and professionalism.
Exposing students to the real business world.
To instil enthusiasm in students to involve in charity work.
To give assistance and help to students that has interest in business but do not have capital to proceed.
3.0
DETAILS OF EVENT
3.1
Name of Event
Bizz Kick-Start Challenge
3.2
Organiser
MPPUTP
3.3
Proposed Date
26 June 2013 until 27 November 2013
3.4
3.5
Categories
Products Trading
Services
Targeted Participant
Students of UTP
3.6
Competition Implementation
This competition is mainly about running a business in UTP. This competition is open to all UTP’s students. For this year, there are two categories: Products Trading and Services. The participants need to prepare a business proposal to present in front of the judges during Opening Ceremony & Proposal Presentation. The secretariat, with the advice from judges, will decide either to invest on the business or not. Every business that secretariat
decide to invest on will be given some amount of capital. Each participant will be provided with one advisor to supervise their business plan and do weekly inspection. Once a month, every participant will present their progress to the secretariat and show their financial statement to prove that they only use the capital given and no outside sponsors or sources are involved. Pictures may also be needed as proofs that they really execute the business project as being presented to the secretariat. The Closing Ceremony & Final Presentation will be held at the end of the competition. All participant need to present the overall business report and declare the profit obtained. The winner will be decided based on profit gained and creativity.
3.7
Terms and Conditions
Participant may compete as an individual or as a team. A team must consist of two (2) people and up to five (5) people per team and different races in a team are very encouraged.
The competition duration is sixteen (16) weeks.
Each participant can only focus on ONE (1) PROJECT to generate money.
The project must be either Products Trading or Services. Combination of both is PROHIBITED.
Capital will only be given to the selected participant. The amount of capital will be given according to the business proposal, plan and strategy.
Outside sponsors by participant is NOT ALLOWED. Participant can only use the capital given by secretariat to run the business.
Participant is highly encouraged to participate in road shows that are conducted by secretariat.
Each participant has to present the progress of the business and also financial statement to the secretariat every month until the end of the competition.
Each participant deserves to keep and own the profit generated from the business.
The exact amount of capital that is received by each participant will be returned back to the secretariat.
Secretariat has the right to terminate participant that break any terms and conditions stated above and once being terminated, the amount of capital received will be taken back.
3.8
Event’s Planner Date
Activities
26 June 2013
Participants’ registration start
3 July 2013
Participants’ registration (Early bird end)
10 July 2013
Participants’ registration end
10 July 2013
Business Proposal & Management Workshop
10 July 2013 until 17 July 2013
Project Planning
24 July 2013
Opening Ceremony & Proposal Presentation
24 July 2013
Announcement of selected projects
31 July 2013
Project Execution
28 August 2013
First monthly report (Week 4)
24 September 2013 until 26 September 2013
September road show
25 September 2013
Second monthly report (Week 8)
15 October 2013 until 17 October 2013
October road show
23 October 2013
Third monthly report (Week 12)
25 October 2013 until 27 October 2013
Special road show (In conjunction with ConvoFair)
12 November 2013 until 14 November 2013
November road show
20 November 2013
Forth monthly report (Week 16)
27 November 2013
Closing Ceremony & Final Presentation
4.0
EXPENDITURE ESTIMATION
4.1
Business Capitals
No. 1.
Item
Quantity
Capital
Cost per unit (RM) 10 000.00
TOTAL (RM)
Total (RM) 10 000.00 10 000.00
The business capitals may be varying from the actual budget depending on the number of participants.
4.2
Prizes & Souvenirs
No. 1.
Item Money Prize Products Trading Winner 1st Runner-up 2nd Runner-up Services Winner 1st Runner-up 2nd Runner-up Jury Special Award
Quantity
Cost per unit (RM)
Total (RM) 2 800.00
1 1 1
500.00 400.00 300.00
1 1 1 4
500.00 400.00 300.00 100.00
2.
Plaque
10
30.00
300.00
3.
Mock Cheque
10
10.00
100.00
4.
Certificate
50
2.00
100.00
5.
Souvenir
8
30.00
240.00
TOTAL (RM)
4.3
Food & Beverages
No. 1.
3 540.00
Item Closing Ceremony & Final Presentation
TOTAL (RM)
Quantity 50
Cost per unit (RM) 6.00
Total (RM) 300.00 300.00
4.4
Promotion & Publication
No.
Item
Quantity
Cost per unit (RM)
Total (RM)
1.
Banner
2
90.00
180.00
2.
Bunting
2
50.00
100.00
3.
Poster & Flyer
200
0.30
60.00
4.
File
20
1.00
20.00
5.
Bundles of A4 Paper
2
15.00
30.00
6.
Name Tag
40
3.00
120.00
TOTAL (RM)
4.5
510.00
Total Expenditure Estimation
No.
Item
Total (RM)
1.
Capital
10 000.00
2.
Prizes & Souvenirs
3 540.00
3.
Food & Beverages
300.00
4.
Promotion & Publication
510.00
TOTAL (RM)
14 350.00
The expenditure estimation may be varying from the actual budget depending on the needs of the committee.
5.0
INCOME ESTIMATION
5.1
Sponsorship
No. 1.
Item
Quantity
Aim for sponsorship
Cost per unit (RM)
Total (RM)
5 000.00
5 000.00
TOTAL (RM)
5.2
Fees
No. 1.
5 000.00
Item Fee
Quantity
Cost per unit (RM)
Total (RM) 450.00
5 5
Early bird Normal price
40.00 50.00
TOTAL (RM)
5.3
Road shows
No. 1.
450.00
Item
Quantity
Road show September October November
Cost per unit (RM)
1 500.00 10 10 10
50.00 50.00 50.00
TOTAL (RM)
5.4
1 500.00
Total Income Estimation
No.
Item
1.
Sponsorship
2.
Fees
3.
Road shows
Total (RM) 5 000.00 450.00 1 500.00
TOTAL (RM)
6.0
Total (RM)
6 950.00
BUSINESS PROPOSAL & MANAGEMENT WORKSHOP Date:
10 July 2013
Time:
2.30 pm – 4.30 pm
Venue:
Seminar Room 5, Undercroft
Proposed Spaker:
Dr. Dhanapal Durai Dominic
Business proposal and management is very important to all businessmen. Due to this, it is important to have this workshop for all interested UTP’s students as well as participants of Bizz Kick-Start Challenge. The main purpose of this programme is to expose the students about the best way to handle the business. As the result, they will get a new knowledge how to manage the business in a better ways. During this programme, the speaker will teach and expose the participants
the best way to write a business proposal. Apart from that, the speaker also will explain the participants how to manage their business well. As conclusion, Business Proposal & Management Workshop can improve the student skill in business. Furthermore this programme also will increase the interest of students in business and can open their mind to generate money in a better ways.
7.0
ORGANISATION CHART Advisor Tuan Haji Jalil Bin Abdullah President Muhammad Fitri Bin Jamil Supervisor Khadijah Binti Abdullah Ezzat Amirimran Bin Saifulbahri Bizz Kick-Start Challenge 2013 Secretariat Event Director Asman Hisyam Bin Shamsudin Assistant Event Director Kong Shan - Nice
Secretary Najibah Binti Mohd Salleh
Treasurer Mohd Syazwan Bin Zakaria Committee
Rabiatul Adawieah Binti Roslan Kinosraj a/l Kumaran Muhammad Ridhwan Bin Saleh
Muhammad Aizat Bin Suhaimi Ahmad Nur Rifhan Bin Supian Muhammad Khairi Bin Kamaruzzaman
8.0
CONTACTS
For any inquiries and further information, kindly contact the secretariat members below:
KHADIJAH BINTI ABDULLAH Supervisor of Bizz-Kick Start Challenge 2013
Contact Number
: (+6) 012 784 7886
Email
:
[email protected]
EZZAT AMIRIMRAN BIN SAIFULBAHRI Supervisor of Bizz Kick-Start Challenge 2013
Contact Number
: (+6) 017 288 5449
Email
:
[email protected]
ASMAN HISYAM BIN SHAMSUDIN Event Director of Bizz-Kick Start Challenge 2013
Contact Number
: (+6) 0111 972 4613
Email
:
[email protected]
KONG SHAN - NICE Assistant Event Director of Bizz Kick-Start Challenge 2013
Contact Number
: (+6) 012 591 9826
Email
:
[email protected]
NAJIBAH BINTI MOHD SALLEH Secretary of Bizz Kick-Start Challenge 2013
Contact Number
: (+6) 014 819 5230
Email
:
[email protected]
MOHD SYAZWAN BIN ZAKARIA Treasurer of Bizz Kick-Start Challenge 2013
Contact Number
: (+6) 017-7185193
Email
:
[email protected]
9.0
CONCLUSION
Through Bizz Kick-Start Challenge 2013, the competition is focusing on giving opportunity to students of UTP to improve their entrepreneurship skill. Instead having a seminar or a talk, this competition surely will give a greater impact in developing business-minded among students. Furthermore, Bizz Kick-Start Challenge 2013 will also give an opportunity to students with great interest and ideas in business but have no capital to start their journey in entrepreneurship. This competition will expose the students to real-life business experience thus may produce well-rounded graduates who are creative and innovative with potential to become leaders of industries and the nation. With all the support hopefully this competition will be a great success and is able to achieve its objectives.