Countdown to Cameroon

Tuesday, March 5, 2013

First business plan competition

Our group was thrilled to have the chance to watch the medical university students present in the business plan competition, and even more excited to hear their ideas.

We were given the opportunity to watch three groups present, and engage in conversation with some of the students. There were some great ideas presented involving agriculture, and animals. We were amazed by how put together the final presentation was. It involved reproducing rabbits and selling the meat to different cities. It was clearly communicated that the students had put a lot of effort into their final presentation, thus they became the first winners of the business plan competition and were awarded $1,000 (or 500,000 franks) to start their business.

We were also excited that the winners used the "five steps to a business plan" concept taught on the Tech for Africa journey two years ago, and emphasized the importance of it in their presentation.

Overall, we enjoyed watching the presentations and are excited to see the progress of their business in years to come

4 comments:

  1. This blog provides information regarding business plans. A great business plan must have established aims, which have to be sensible and useful. Business plans helps to get our goal for our business. Thanks for sharing!
    Marketing Plan

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  2. Thanks for sharing your information about business plan competition...I really appreciate your efforts and I will be waiting for your further write ups thanks once again.

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  3. This competition on how to grow a business is a great idea to nurture young students talent to be an entrepreneur. I am very happy that the school and the community supported this competition.

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  4. Richard Bliss is raising funds for Funding the Dream Podcast on Kickstarter! Funding the Dream is the Kickstarter Podcast covering all aspects. Business NLP

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