Post on 28-Dec-2015
www.glos.ac.uk/bugcompetition
Workshop 1Envisioning Your Business
Thursday 27th October
BUG Programme
www.glos.ac.uk/bugcompetition
The Competition will require you to:
Develop your idea and submit a well thought through summary of it.
Create and submit a 20 page business plan for the business.
If shortlisted, deliver a short presentation to a panel of judges and engage
in discussion about your business plan.
If shortlisted, attend the award ceremony.
BUG ProgrammeEntry Requirements
www.glos.ac.uk/bugcompetition
BUG ProgrammeAdditional Dates
BUG Beer Mat Challenge W/C 14 Nov
BUG Idea Summary Form Submission Fri 2 Dec
Christmas Networking Event Thur 8 Dec
BUG Business Plan Submission TBC (May)
BUG Finalist Presentations TBC (May)
Presentation of BUG Awards TBC
www.glos.ac.uk/bugcompetition
Idea Summary
The first deadline for the competition is December 2nd when you will be required to submit a summary of your business idea.
The submission will require you to write approx. 500 words about your idea under a number of section headings.
This helps us to learn a bit more about your idea – and will help your mentor.
www.glos.ac.uk/bugcompetition
Your Business Plan
You will be required to submit a 20 page business plan on your idea. The plan will need to include a number of sections, an outline of which is available on our NEW web pages.
www.glos.ac.uk/bugcompetition
www.glos.ac.uk/bugcompetition
The BUG quiz!
What do these local start-up businesses do?
link
www.glos.ac.uk/bugcompetition
Idea Generation
Think about the things that you like/enjoy
Think about the things you really like doing
Think about the things that irritate or frustrate youe.g. when you are shopping; or when you need service
Think about the things or services that you needi.e. on which you have to [?!] spend money/time
www.glos.ac.uk/bugcompetition
Passions Hobbies Frustrations Necessities
Idea Generation
www.glos.ac.uk/bugcompetition
Passions Hobbies Frustrations Necessities
CarsRugbyFoodArt
Track DaysGoing OutWatching SportKeeping Fit
Spending MoneyShoppingBeing ColdRunning out of time
InsuranceDIYCookingCleaning
Idea Generation
www.glos.ac.uk/bugcompetition
Passions: Hobbies:
Frustrations: Needs:
Links: Business Opportunity Ideas?
Activity: Teams to now fill in the upper (four) sections note: complete passions/hobbies before you start on frustrations/needs
www.glos.ac.uk/bugcompetition
Passions Hobbies Frustrations Necessities
CarsRugbyFoodArt
Track DaysGoing OutWatching SportKeeping Fit
Spending MoneyShoppingBeing ColdRunning out of time
InsuranceDIYCookingCleaning
Idea Generation
OK, now let’s put these together – and make some business ideas!
First – make some links (you don’t have to agree but it helps)recommendation: use different coloured pens
Then – envisage some business concepts(that might satisfy you – and other customers)recommendation: think who would be the customers?
www.glos.ac.uk/bugcompetition
Passions Hobbies
Frustrations Needs
Links: Business Opportunity Ideas?
Teams to now fill in the final (bottom two) sections:
www.glos.ac.uk/bugcompetition
ARE YOU ENTREPRENEURIAL ?
try the General Enterprising Tendency [GET] test
www.glos.ac.uk/bugcompetition
GET test is available on http://www.get2test.net
www.glos.ac.uk/bugcompetition
www.glos.ac.uk/bugcompetition
GET questions cont’d….
www.glos.ac.uk/bugcompetition
and… Are you Creative? (the CREAX test)
www.glos.ac.uk/bugcompetition
Vanilla Pod Bakery
www.glos.ac.uk/bugcompetition
The Cotswold DeliSmart Notebooks
www.glos.ac.uk/bugcompetition
Active Krav MagaPinnell Productions
www.glos.ac.uk/bugcompetition
1. BUG WORKSHOPSWorkshop 1 Envisioning your Business Clive Kerridge, UoG Thu 27 Oct 2011
Workshop 2 The Mindset of the Entrepreneur Philip Allen, Impact For Life Thu 3 NovWorkshop 3 Start-up Issues Peter Doggett, Vistage Thu 10 Nov
Workshop 4 Sales and Presentation Skills Paul Clarkson, PA2C Thu 17 Nov
Workshop 5 Intellectual Property Issues Steven Murray, Rickerbys Thu 24 Nov
Workshop 6 Is my Business Viable? Various Members, CIM Thu 1 Dec
Workshop 7 Marketing via Social Networking Workshop Leader TBC Thu 26 Jan 2012
Workshop 8 Money Matters Oliver Newbold, R&P Thu 2 Feb
Workshop 9 Sourcing Funding and Business Banking Neil Griffiths, Natwest Thu 9 Feb
Workshop 10 How to Value your Business Brian Dorricott, Meteorical Tue 14 Feb
Workshop 11 Managing People and Processes John Down, CMI Thu 23 Feb
Workshop 12 Putting a Plan Together Clive Kerridge, UoG Thu 1 Mar