contest will provide opportunities for the participants to draw
the attention of possible investors to their business ideas, find
partners, carry out their projects and make success in business.
Besides, the participants will be able to assess their abilities,
make contacts with representatives of the St. Petersburg business
community, acquire the valuable experience of business communication.
8th YDP contest will be conducted in three stages:
Then the jury will
determine the best business ideas, the authors of which will be
granted awards and diplomas from the organizing committee.
- At the first stage, the jury comprising representatives from
investment companies and trusts, banking institutions, large
companies will select the most interesting business ideas. The
major selection criteria include the novelty, feasibility and
social significance of the business ideas sent in for the contest.
- At the second stage, the authors of the selected projects
will be provided with consultations as to how to present their
business plans, how to reshape their projects so as to draw
- At the final stage of the contest scheduled for May 2003,
10-15 authors will be able to appear before the jury personally,
making 5-10 minute long reports on their business ideas and
answering the questions of the jury. The finalists will be also
able to use visual aids, etc. in presenting their projects.
If you want to participate in the 8th YDP contest, just send
in a concise resume of your project to the RENA economic news
agency. If your business idea meets all selection criteria, you
will be invited to the next stage of the contest. Students of
all kinds of specialties with projects in all fields - technological,
humanitarian, etc. - are eligible for participation.
Investors assess projects from various viewpoints - suitability,
technical and financial feasibility, profitability, etc. As a
rule, the most attractive are the ideas promising real profits.
So it is advisable for the participants to have well-thought business
plans, especially the well-thought financial, technical and marketing
sections of the business plans.
Each of the contestants is offered:
- 5-10 minutes to present their business ideas
- he possibility to use demonstrational materials (placards, diagrams,
samples of products)
- the audience of some 200 representatives of various companies
- a copy of the booklet containing the projects of the Young.
More details about the YDP contest and the YDP club are available
by the telephone number:(+7 812) 310 9239 RENA PR-Manager Marina