Local entrepreneurs to enter ‘Dragon’s Den’

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Local entrepreneurs to enter ‘Dragon’s Den’


ICSC’s Chief Executive Officer Mark Paddenburg

6 June 2013

University of the Sunshine Coast students with inventive money-making ideas and start-up business owners keen for success are encouraged to put pen to paper and pitch for a range of prizes worth more than $20,000.

The Innovation Centre Sunshine Coast (ICSC) is seeking budding entrepreneurs to enter the IC Business Pitch Competition, which provides a great opportunity to test out innovative ideas and receive expert feedback.

Competitors are required to perform a 5-10-minute pitch in front of a “Dragon’s Den” style judging panel in a bid to win a range of prizes.

The prize packages include cash, access to shared ICSC office space, business development services and consultations on legal issues, capital raising, commercialisation and marketing.

ICSC’s Chief Executive Officer Mark Paddenburg said the competition gave the Innovation Centre a chance to identify and assist the next generation of entrepreneurs.

“A competition like this helps students, entrepreneurs and businesses to refine and communicate their business plans clearly to potential investors,” he said.

“A killer pitch is something all aspiring entrepreneurs should have up their sleeve.”

The ICSC is a University of the Sunshine Coast company that has supported the start-up and growth of 105 companies and raised more than $30million of early stage capital during the past 11 years.

Entries for the IC Business Pitch Competition will close on Friday 21 June. Finalists will be announced on 11 July and the final judging will be held on Thursday 25 July.

The ICSC also runs a business events and UniConnect program designed to help clients and local entrepreneurs connect with each other and the University to build a more diversified regional economy.

— Jessica Halls

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