Career & Education

NCU gearing up to win innovation contest

Sunday, March 17, 2019

Print this page Email A Friend!


Northern Caribbean University (NCU), winner of the 2018 International Business Model Competition (IBMC), is again seeking to dominate the Development Bank of Jamaica's (DBJ) National Business Model Competition for tertiary institutions at the sixth staging of the event slated for March 21 to 23 at Knutsford Court Hotel.

NCU's business model teams have won local competition four consecutive years since its inception. Last year, however, the NCU teams finished third and fourth locally, but came up winners at the international level which evaded them in the previous years when they won the local competition.

Dr Audley Eccles, dean of the College of Business and Management, said the NCU team is in preparation mode and is excited to again participate in the competition. He noted that despite the judges not declaring the NCU team a winner last year, the university was confident that its team was outstanding, so the institution found the resources and sent its team to participate in the international competition where it won and made NCU and Jamaica proud.

He pointed out that it has become increasingly difficult to get new and novel ideas for the business model competitions as many of the concepts have already been exposed. However, he said NCU is confident that the project being worked on has a good chance of winning this year.

The National Business Model Competition (NBMC) is an initiative that encourages and promotes entrepreneurship on the campuses of four local universities and creates a platform for experiential learning and the honing of entrepreneurial skills, as well as developing a pipeline of potential entrepreneurs.

The NBMC is supported technically and financially by the DBJ and the Private Sector Organisation of Jamaica.

Annually, the national winner is awarded a cash prize of $2 million and an all-expense paid trip to represent Jamaica at IBMC held in the USA during the month of May. This year's competition will be held at the Brigham Young University, Utah, from May 10 to 11, 2019.


Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at http://bit.ly/epaperlive


ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT