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Friday Dec 13, 2024
Friday, 16 February 2018 00:00 - - {{hitsCtrl.values.hits}}
To encourage Advanced Level students to gain a better understanding of the importance of developing a business plan and to also help harness entrepreneurial skills among future business leaders, the Business Plan Competition organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will kick off this month.
The competition, held for a third time, will bring together over 50 school teams from across the country which will compete for the grand prize of flying to Brisbane, Australia to take part in the Blue Shift Case Competition organised by the QUT Business School of the Queensland University of Technology scheduled to be held in May 2018.
The competition is open to students who are sitting for the GCE Advanced Level examination in 2018 or 2019 from the commerce stream in the English medium. Schools from the Colombo, Gampaha, Galle, Kurunegala, Kandy and Jaffna districts will take part in the competition. Each participating team will comprise five students who will present a unique business plan to the judges.
The regional rounds will kick off on 23 February and winners from each region will compete in the grand finale (national level) which will be held on 28 March in Colombo.
The competition has been organised to also help students understand the importance of preparing a business plan which is an important segment in the A/L syllabus in Sri Lanka. The competition will help students put into practice the knowledge gained at the classroom level and also be a platform to showcase their presentation and entrepreneurial skills.
The strategic partner of this year’s competition is QUT Business School of the Queensland University of Technology, Brisbane, while the competition is organised in association with the Sri Lanka and Australia Chamber of Commerce (SLACC).
This year too, like in previous years, the competition will engage a prominent panel of university lecturers which will set the necessary guidelines for the competition in line with the A/L syllabus. At the regional level competitions, the panel of judges will comprise university lecturers and industry experts, while at the grand finale, the panel of judges will comprise university lecturers, representative from the Queensland University of Technology, industry experts and high-profile Sri Lankan entrepreneurs.
