The team from Young Change Agents were back in Darwin to hold their Youth Incubator YINC Regional Pitch competition for teams from Darwin and Palmerston!
Students from schools around Darwin and Palmerston were invited to participate in this two-day workshop.
The YINC is by invitation, based on the top ideas from the alumni of Young Change Agents in the region. Teams can also select additional team members to join them if desired. The selection process will be mirrored to the judging criteria of the pitches at the 2.5 day program, namely:
- Model (business model).
- Market potential (is there a market, what will be the social impact).
- Management team (why are you the team to make this happen).
- Momentum (what have you done so far (prototype/validation).
Outcomes:
- Understanding of the next steps in taking an idea and developing a business plan.
- A cycle of prototyping and customer validation that allows them to iterate their product and service in line with customer needs and skills.
- Engagement with mentors to create confidence and a transfer of knowledge.
- Exposure to industry experts and entrepreneurs (inspiration and confidence).
- Specific new learning topics including marketing, legal, finance and risk.
A big thanks to our inspiring panel of judges, Fran Gusthart (VET Business Lead Charles Darwin University), Professor Darius Pfitzner (Associate Dean Learning Futures at Charles Darwin University), Dean Alle (Entrepreneur in Residence at Darwin Innovation Hub), and Glenda Lockley (Senior Years Curriculum at Department of Education and Training – Darwin NT).
Young Change Agents development of YINC aims to support further progress of teams ideas and helping them get to the next stage. YINC is an incubator program that mirrors adult-based programs in content and style.
