Are you an aspiring young entrepreneur?

Victoria University’s annual 'I Plan a Business' (iPAB) competition gives you the chance to apply your creativity and business skills to win amazing prizes.

The competition is open to Year 10 and 11 business students in secondary schools across Victoria.

Enter your best business idea to win VU's iPAB competition.

Business or social enterprise categories

To enter the iPAB competition, you must create a business plan for an original business or social enterprise.

Category 1: Business

  • Division A: Open to individual Year 10 or 11 students in Victoria
  • Division B: Open to groups of Year 10 or 11 students in Victoria (maximum of 4 per group).

Category 2: Social enterprise

  • Division C: Open to individual or group of Year 10 or 11 students in Victoria (maximum of 4 per group).

How to enter

The 2018 iPAB competition is now closed.

Year 10 and 11 students can enter the iPAB competition for free.

All you need to do is:

  • register your interest in the iPAB competition
  • come up with an original idea for a business (Category 1) or social enterprise (Category 2)
  • develop a brief business plan in accordance with the  iPAB guidelines
  • submit your entry by 5pm on 21 September 2018.

You can enter by yourself or as a team of up to four people.

Entries closed on Friday 21 September 2018 at 5pm.
(Entries received after this time will not be accepted).


$500 gift cards are awarded to the winners in each division.

An additional bonus prize valued at $1000 will be awarded to a student who has already begun to make their ideas come to life.

The bonus prize has been generously donated by VU’s Entrepreneur in Residence Gus Balbontin (of the VU Hanger).

Previous winners

In 2017, nearly 300 business students from 34 schools across Victoria competed.

Winning business or social enterprise ideas included:

  • translator watch
  • vegan food vending machine
  • artificial year-round outdoor ski slope created with innovative snow technology
  • drive through supermarket
  • ‘pay it forward’ restaurant where patrons could pre-purchase a meal for someone in need.

View the 2017 iPAB winners.

iPAB winners Maddison Cottle & Mikayla Harris-Grey with their teacher.