Want to participate in the 2016 iPAB competition?
Victoria University’s annual ‘I Plan A Business' (iPAB) competition gives emerging student entrepreneurs the chance to apply their creativity and business skills to win amazing prizes.
This year, the competition is open to Year 10 and 11 students across Victoria and Vocational Education (VE/TAFE) students studying at Victoria University.
Business teachers whose students have participated in past years say iPAB is a great way for students to explore essential elements of the school curriculum in new and interesting ways.
My advice to competitors is to be creative, bring something new and sell it! After you have drafted your plan, ask yourself, 'would I invest in this?' said Jacqueline Healy, 2014 Best Business Plan winner
Students may enter business plans for either the Business or Social Enterprise tracks.
Category 1: Business track
|A||Individual Year 10 or 11 students in Victoria|
|B||Groups of Year 10 or 11 students in Victoria (maximum of 4 per group)|
|C||Individual or groups of Victoria University VE/TAFE students (maximum of 4 per group)|
Category 2: Social Enterprise track
|D||Individual or groups of Year 10 or 11 students in Victoria (maximum of 4 per group)|
|E||Individual or groups of Victoria University VE/TAFE students (maximum of 4 per group)|
Cash prizes will be awarded in each division.
Victoria University’s College of Business will host an awards ceremony for entrants, friends, family, teachers and principals in August 2015.
Nearly 160 business students from secondary schools across Victoria entered the competition in 2014.
Multimedia project winner – Charlotte Morton
Charlotte's winning business idea, Boadicea would sell jewellery for teenage girls, reflecting power, individuality and strength. These qualities were embodied by British queen of the Iceni tribe Boadicea, as she led her army into war in 60 AD.
The iPAB competition has made me much more confident to pursue my interests and continue my business management studies.
In addition to the cash prize, I won a visit to SEN radio station with Jason Cunningham.
Best business plan – Jacqueline Healy
Jacqueline’s innovative business idea, Rainy Mondays Work Gear and Outdoor Apparel utilises super hydrophobic coating technology, providing water resistance to withstand the test of the most rainy days.
Winning this competition has inspired me to continue studying business after school. By giving me a context to link all the business aspects I learnt in class, I scored A+ for the year!
The iPAB 2015 competition is now closed.
The five winning entries were selected by a VU judging panel and announced at an awards event on Wednesday, 12 August 2015.