GBSN is pleased to present its’ Africa Business Plan Challenge in a completely virtual format and has teamed up with Danish Edtech Startup Peaqs, in providing a platform to facilitate the competition. Peaqs is not so much a system for the organizers, as it is for the competition itself where student entrepreneurs continuously upload, display and refine their business cases in a kickstarter-like fashion. Judges, mentors and other key stakeholders can also logon and interact with the entrepreneurs via a comment function and a gamified stock market, where they play the role of ‘investors,’ and can allocate their funds in support of the projects they think are the best.
Peaqs is a system made for higher learning that allows teachers and faculty to create blended or hybrid learning experiences for their students. It is highly customizable and designed to secure high levels of student engagement via elements of gamification, peer feedback and learning progress transparency. Though Peaqs was originally designed for teaching entrepreneurship and doing business acceleration, it has since then seen applications in many other subjects across business schools and technical universities worldwide.
Check out Peaqs.com for testimonials and learn more about how it works, you can even schedule a free product tour.
The GBSN Africa Business Plan competition will challenge student teams to design a viable business plan that addresses a locally-relevant challenge or problem related to sustainable development and Agenda 2063. The competition is intended to assist young people from the African continent who have an entrepreneurial orientation, a desire to serve their community, and demonstrate the values outlined below. The focus is to promote and support responsible capitalism for emerging markets and to identify high potential young people for mentorship and investment. Student teams will engage in a four-phased project development process where ideas, products and/or services are put up for sale on a virtual stock market.
The competition will be open to students currently studying at a school located on the African continent. Teams of up to four people may enter the contest as long at least two members of the team are currently enrolled at an African institution. Interdisciplinary teams are encouraged. Registration opens January 29. For more information, visit https://gbsn.org/gbsn-africa-business-plan-challenge/