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The Big Idea

26 November 2013 TBIC

The Big Idea

We’re announcing the winner of our national university competition, The Big Idea, on Monday, December 2. 

Undergraduate students working in teams from 10 universities took part in the competition during semester two. The students were asked to develop a business plan for a social enterprise that could deliver benefits to society in a similar way to existing social enterprises such as The Big Issue magazine.

Five finalists have been selected for ideas ranging from an urban landscaping business targeting the hospitality sector to a discount supermarket employing homeless and disadvantaged people.

Finalists will present their work to a judging panel of business and industry leaders including former Democrats leaders Natasha Stott Despoja and Cheryl Kernot, Telstra Chief Financial Officer Andrew Penn and The Big Issue CEO Steven Persson. The winner will be announced at an awards presentation supported by Deakin University and Federation Square in Melbourne.

The Big Idea ran as a pilot program at two universities in 2012 and has expanded to include 10 universities and almost 150 students this year.

A team from the University of New South Wales (pictured) was named our inaugural winner in 2012 for their social enterprise idea to set up mobile bike storage facilities that would provide employment to homeless and disadvantaged people as bike attendants.

For more information about The Big Idea and to find out how your university can get involved in 2014 click here.

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