The Million Dollar Idea: a step towards entrepreneurship | ICTSA

entrepreneurship

When you look at giant companies such as Tesla, Apple, or Amazon, which now have a combined net worth of just under 5 trillion dollars, you always wonder how they ended up being so successful.

However, just like any other company, they all started out as an idea in a simple man’s head, which they slowly cultivated into the multinational, influential corporations they are nowadays.

This is what entrepreneurship is all about. The word “entrepreneur” is thrown around at many people for doing anything. Elon Musk, Jeff Bezos, Steve Jobs, all classified as entrepreneurs. But even your idea of building a hotel for animals can make you a potential entrepreneur. Entrepreneurs are found in all types of industries with all types of backgrounds. In reality, anyone can be an entrepreneur. But that is easier said than done.

While having the right tools to start off your business is important, you will also need determination and ready for the risk. It is not going to be easy, but it will be rewarding. Now, this may seem interesting (even a little bit scary) but ICTSA is here to set the ball rolling. If all this is just what you dream to become, then ICTSA’s ‘The Million Dollar Idea’ might be just for you.

Unfortunately last year, ICTSA had to cancel the event due to the pandemic but this time, it will be completely online! TMDI is a 3-day start-up competition that will be taking place between the 16th and 18th April. Inspired by the global pandemic, the theme for this year will be ‘ICT in Health’ .

How do I enter?

You can form a team of up to 5 people from any academic background. Together you will need to come up with an idea, relevant to this year’s competition’s chosen theme; through workshops, you will be able to develop your idea and then pitch it to the judges!

And do not worry, a mentor will be guiding you to evolve your idea further and make your business idea as good as it can be before presenting it to the judges! You’re probably wondering about the prize… well the winner is entitled to a €600 cash prize, and €400 for the runner up, which can help bring your idea to life. And if that’s not good enough to apply, participation is completely free, so there is nothing to lose. I believe this is a win-win situation.

So grab your thinking caps, gather your teammates, get creative apply by clicking here! ICTSA will be posting more details and updates so make sure to check out their event page here!

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