Innovative Leather Product Competition

Competition documentation

Author: Foundation for Promotion of Entrepreneurship

Manager in an Efficient and Innovative

Leather Company

N.º 2016-1-PT01-KA202-022831

Innovative Leather Product Competition

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1 Competition documentation

1.1 Invitation

Consortium of the project invites you to take part in the Innovative Leather Product Competition.

Competition Rules and application forms are included below:

1. Competition Rules (download)

2. Application forms to fill in online or download:

1A. Application form for idea originators

1B. Application form for people interested in cooperation with idea originators

2A. Small business plan template

3A. Presentation template

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1.2 Rules of the competition

Competition Rules

§ 1. Purpose of the Competition

1.1. The purpose of the Competition is to promote innovative leather products, services, solutions or technologies and inspire interested stakeholders’ creativity.

§ 2. Consortium of the Competition

2.1. The Competition has been announced by the

CTIC – Centro Tecnológico das Indústrias do Couro, Alcanena, Portugal – coordinator

CRE.THI.DEV – Creative Thinking Development, Athens, Greece

CIAPE – Centro Italiano per l’Apprendimento Permanente, Rome, Italy

FPE – Foundation for Promotion of Entrepreneurship, Lodz, Poland

INCCTP – ICPI Institutul National de Cercetare-Cezvoltare Pentru Textile si Pielarie, Bucarest, Romania

INESCOP – Instituto Tecnologico del Calzado y Conexas, Alicante, Spain

VC – Virtual Campus Lda, Porto, Portugal

2.2. Foundation for Promotion of Entrepreneurship will run the Competition on behalf of the partners.

§ 3. Submission

3.1. Participants are required to submit their submissions based on the application forms and competition rules.

3.2. Participants must submit their application forms (stage 1) via the Virtual Challenge Community platform and prepare business plans (stage 2) before the due date on 31.05.2018 and presentations (stage 3) before the due date on 06.06.2018.

3.3. The third stage consists of presenting the idea on VCC platform and on partners websites.

3.4. Stage 4 includes online voting for the best ideas and will take place between 7-30.06.2018. Three projects with the highest score will be awarded.

3.5. Stage 5 concerns announcement of the results at the meeting in Poland on 5.07.2018 and on partners websites and VCC platform.

3.6. In stage 6 three the best projects will be submitted to Indiegogo.com platform.

3.7. The ownership and the Intellectual Property Rights (IP) involved in the submission remain with the Participant.

3.8. FPE shall not be responsible for any IPR disputes.

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§ 4. General rules

4.1. Participation in this Competition is free of charge.

4.2. The Competition is open for all interested stakeholders from partners countries: Greece, Italy, Poland, Portugal, Romania and Spain.

4.3. The Competition is available for leather ideas: products, technologies or services (in the frame of leather industry).

4.4. Individuals or team groups (as Participants) can participate in this competition.

4.5. Each participant may submit no more than 3 solutions.

4.6. Each participant must describe a new or improved product (not currently commercialized).

§ 5. Prizes

5.1. All Participants who have submitted their ideas per the Competition Rules will receive a “Certificate of Participation”. The five best projects receive a diploma. Three winners or winning groups (in accordance with p. 3.4) of Innovative leather product competition receive support to launch their crowdfunding campaign through www.indiegogo.com. Support consists in giving tips to the winners for describing their projects in a way that enables them submission to the Indiegogo.com.

5.2. Money raised to the campaign will be totally at the disposal of the winners; the winners should follow the Indiegogo rules.

5.3. FPE shall not be responsible for not collecting adequate funds during the Indiegogo campaign.

§ 6. Stages of the Competition

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Competition diagram

6.1. The Idea – Stage 1

STAGE 1. Registration on VCC platform

IDEA ORIGINATORS

Fill in online form Download application form 1A

People interested in cooperation with idea originators

Fill in application form online Download the form 1B

List of ideas submitted to VCC platform

STAGE 2. The small business plan for the project

Download business plan template 2A (business plan should be sent to

VCC platform)

STAGE 3. Ideas presentation on VCC platform and partners websites

Download presentation template 3A (presentation should be sent to

VCC platform)

STAGE 4. Online voting for the best ideas

STAGE 5. Results announced at the meeting in Poland

STAGE 6. Help in submitting 3 the best projects to Indiegogo.com platform

Set up stakeholder group

(optional)

List of business plans submitted to

VCC platform

List of awarded projects on VCC platform and partners websites

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6.1.1. Participants will complete the online application form (1A. Application form for idea originators) on the Virtual Challenge Community platform. It must contain the following information:

- project title,

- short description of the project – 300 characters maximum including spaces and punctuation,

- 3 key words,

- project-specific area,

- stage of project development,

- type of innovation,

- information whether the participant is looking for partners to her/his project and, if yes, in what area or specialisation.

6.1.2. Interested stakeholders can also take part in the Competition as supporting members of the group creation. They could share ideas and brainstorm for creating innovative leather products. They will complete an online application form (1B. Application form for people interested in cooperation with idea originators) for cooperative stakeholders. It must contain the following information:

- interested stakeholders data,

- experience in implementing innovative projects,

- area, in which an interested stakeholder would like to support project originator,

- description of stakeholder’s role in the project – 300 characters maximum including spaces and punctuation.

6.2. The small business plan – Stage 2

6.2.1. The participants (individuals or groups) will formalize their creative ideas using a template for a small business plan (2A. Small business plan template).

6.2.2. The business plan should address the following areas:

- project title*,

- idea of the project and its innovation – 350 characters maximum including spaces and punctuation,

- market analysis – 150 characters maximum including spaces and punctuation,

- target market for a product/service,

- estimated revenue and costs of the project,

- possibilities of project financing,

- crowdfunding goals and its justification,

- proposed rewards for sponsors of crowdfunding.

6.3. The presentation – Stage 3

* project name may change as a result of cooperation

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6.3.1 The PPT presentation (3A. Presentation template) (6-10 slides) should address the following areas:

- introduction,

- explanation of the innovative leather idea,

- explanation of the target market,

- the purpose of the crowdfunding campaign.

6.4. The small business plan and presentation will be promoted through the VCC platform, partners websites and social media. The audience will be required to vote online.

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1.3 Application forms

Application form for idea originators

1A. Application form for idea originators

Application form Nr ______________

Name ______________________________________________________________________

Surname ___________________________________________________________________

Firm _______________________________________________________________________

Address ____________________________________________________________________

E-mail______________________________________________________________________

o Add a participant

1. Project title__________________________________________________________

2. Short description of the project (300 characters maximum including spaces and punctuation)

________________________________________________________________________

________________________________________________________________________________________________________________________________________________________________________________________________________________________

3. Provide 3 key words:

_______________________

_______________________

_______________________

4. Project concerns a new/modified

product

service

technology

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5. Stage of project preparation:

project idea

project in implementation stage

completed project

6. Type of innovation

product

process/technological

marketing

7. I am looking for partners to implement the idea.

yes (go to point 8)

no, I will implement the idea myself (go to the end)

8. Tick the area of expected cooperation:

improving product/service/technology

improving ways of production/providing services/technology

preparation and delivery of marketing campaign

project financing

other (what?)________________________________________

9. I am looking for:

an expert, partner

describe preferred occupation, skills and knowledge

research centre

another SME

other (what?)________________________________________

I confirm that applied products/technologies/services/ideas are my own and original.

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Application form for people interested in cooperation with idea originators

1B. Application form for people interested in cooperation with idea originators

I hereby declare my participation in the project titled ________________________________ and registered at the number _____________.

Name ______________________________________________________________________

Surname ___________________________________________________________________

Firm _______________________________________________________________________

Address ____________________________________________________________________

E-mail______________________________________________________________________

1. Economic entity:

enterprise

research centre

private individual

other (what?) _____________________________

2. Specialised in:

______________________________

3. Experience in implementing innovative projects

_______________________________________________________________________

_______________________________________________________________________

4. Identify area, in which you want to support the originator of the project:

improving product/service/technology

improving ways of production/providing services/technology

preparation and delivery of marketing campaign

project financing

other (what?) ________________________________

5. Describe your role in the project (300 characters maximum including spaces and

punctuation)

________________________________________________________________________________________________________________________________________________

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Business plan template for stakeholders group / idea originators

2A. Small business plan template

Name ____________________________________________________________________

Surname__________________________________________________________________

Firm _____________________________________________________________________

Address___________________________________________________________________

E-mail____________________________________________________________________

o add a participant

1. Project title _____________________________________________________

2. Registration number ____________________________

3. The idea of the project and its innovation (350 characters maximum including spaces and punctuation)

________________________________________________________________________________________________________________________________________________

________________________________________________________________________

________________________________________________________________________

4. Market analysis (market segment, customers’ needs and expectations) (150 characters maximum including spaces and punctuation)

________________________________________________________________________________________________________________________________________________

5. Product/service are intended for

local market

regional market

domestic market

exports

6. Estimated revenue and costs of the project:

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No. Expected in year (n) Year n+1

1. Planned revenue (by type), EURO

- ………………………………

- ………………………………

- ………………………………

2. Total:

3. Planned costs (by type), EURO

- ………………………………

- ………………………………

- ………………………………

4. Total:

7. Options of project financing:

No. Sources of funding Planned amount (EURO)

1. Own resources

2. Other sources of funding (what?)

______________________________

3. Crowdfunding

4. Total:

8. Goal of crowdfunding (100 characters maximum including spaces and punctuation)

_______________________________________________________________________

its justification (100 characters maximum including spaces and punctuation)

_______________________________________________________________________

and proposal for sponsor rewards (100 characters maximum including spaces and punctuation)

_______________________________________________________________________

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3A. Presentation template

LEAMAN Manager in an Efficient

and Innovative Leather Company

N.º 2016-1-PT01-KA202-022831

Title of the project / idea

Name: ……………..Country: ………………

Innovative Leather Product Competition

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Introduction

• 50 words maximum

2

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Explanation of the innovative leather project / service / technology

• Functions and benefits

• 100 words maximum

• Include short films, photos

3

The target market

• Markets, customers

• 50 words maximum

4

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The purpose of the crowd-funding campaign

• Amount and justification

• 100 words maximum

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