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NOVA Idea Competition

Do you have something that may be turned into a business but don't how to make the leap? The best Business Plan competition from NOVA is coming! The NOVA IDEA COMPETITION, based on an integrated approach! Do you want to build a successful story? Do you need €1.000? Do you want to test your idea in one of the best accelaration programs in the word? For all of this, you need to sign up!

The NOVA IDEA COMPETITION is an annual initiative of the Value Creation Office of the Rectory of NOVA that aims to give students an integrated learning experience.

This initiative is directed to all students of NOVA who must form teams with three elements from at least two different NOVA schools.

The main objectives of this initiative are: 

  1. Encourage the entrepreneurship culture among students of NOVA
  2. Promote multidisciplinary and cross-cultural work as teams are formed from students of different schools
  3. Reinforce the entrepreneurship training at NOVA schools

Evaluation Criteria

The Juri will evaluate the Business Plans according to the following criteria:

  1. Size of the potential market defined in the Business Plan
  2. Quality of the team, measured by qualifications, diversity and complementarity of its members;
  3. Quality of the idea, measured by the explanation by the team of market needs versus  product/service/technology capabilities to fulfil those
  4. Innovation of the idea;
  5. Capacity of quantification of the key business elements
  6. Quality of the business strategy
  7. Suitability of the funding structure presented

Calendar 

17-05-2019 * | Business plan (15 pages) - submitted through the application form
24-05-2019 | Final Pitch – NOVA University of Lisbon, 6.00 pm

* extended deadline

Business Plan

max. 5 pages in Portuguese or English

Recommendation:

Executive Summary
The problem 
Solution 
Value proposition 
Target market
Competitors 
Intellectual property 
The team 

Juri NOVA Idea Competition

Isabel Rocha (Pro-Rector, Universidade NOVA de Lisboa)
Euclides Major (Director Nova SBE Venture Lab) 
Ricardo Marvão (Co-founder Beta-i) 
José Damião (Director Incubação, Madan Parque)

SCHOLARSHIPS

1st Prize – the winning team will be awarded 3 tickets for the European Innovation Academy (worth 5,697 €) and a scholarship of 1,500 €.

2nd Prize – the second place team will be awarded 2 tickets for the European Innovation Academy (worth 3,798 €) and a scholarship of 1,000 €.

3rd Prize – the third place team will be awarded a scholarship of 1,000 € 

 

Doubts or clarifications can be made through the email novaidea@unl.pt.