Manetic promoting innovation competition for university students

Manetic director Chan Tong Seng speaks

The “InnoICT Business Plan Competition” will reach its seventh edition this year. The competition aims to encourage and inspire innovation among tertiary students, facilitating their “start-up” and supporting them in realizing their “business dream”.
Chan Tong Seng, director of the Macau New Technologies Incubator Centre (Manetic) said during a press conference last week that all students in tertiary education institutes in or outside Macau can enter the competition, which is now open for registration. Each team can have up to five members. Foreign students studying in Macau institutions are also eligible to participate provided at least half of the team members are local residents.
After submission and evaluation, the three best business plan proposals will be given the opportunity to be converted into real businesses with the support of Manetic’s Business Incubator Centre.
The winners will be also awarded cash prizes that range between MOP12,000 and MOP30,000. The first place winner will also be granted a business start-
up fund of MOP50,000.
Manetic will be accepting registrations until June 20.
A workshop to help participants prepare business proposals is scheduled for June 30.  RM