Sunway Students Edge First Runner-Up Place in MSC Business Plan Competition
After winning two pre-qualifying rounds of the MSC Business Plan Competition late last year, students and staff made Sunway University College proud by winning the First Runner-up Award in the Business Idea category and the Merit Award in the Business Plan category respectively. This took place at the finals of the national level MSC-IHL Business Plan Competition in Putrajaya recently.
The students, Dexter Wong Kum Theen, Susmitha Burra and Lim Tou Ee are in the final year of the Bachelor of Information Technology (Computer Science). Their business idea was entitled Blue Alarm and for their efforts they received RM2,000 in cash and a RM1,000 voucher which was shared among them.
The team leader, Dexter Wong said “It has been an invaluable experience. The competition sharpened our business thinking, research and statistical analysis skills but more importantly, it gave me a chance to lead and to work as a team. We had to have strong nerves to be able to make a presentation in front of such a large audience on three occasions. But we are all the more, wiser for it”. “I would like to thank the Sunway lecturers for their advice and encouragement without which we would not have made it thus far” he added.
Dexter and his team are working closely with the ICT R & D Centre at the School of Computer Technology to look into commercializing their business idea.
The Merit Award winners were lecturers Dr Cheng Fan Fah of the Australian Universities Programmes, Dr Loh Joo Pin of the American Degree Transfer Programme and Dr Lee Chiu Sze of the Monash University Foundation Programme, at Sunway. Their business plan was entitled E-value. The team won RM500 cash.
The objectives of the Business Plan Competition, organised by the Multimedia Development Corporation (Mdec), are to inculcate a culture of technopreneurship in Institutions of Higher Learning and to provide exposure & knowledge of key competencies required of a successful technopreneur. To encourage students & researchers from diverse backgrounds to share their business ideas, to work in teams that will leverage on technology and business competencies and to identify commercially viable ideas & compelling intellectual property. The competition has been running every year since 2004.
Sunway University College offers honours degrees in the areas of Information Systems (E Business/Enterprise Resource Planning), Information Technology (Computer Science), Information Technology (Networking/Communications) and Multimedia Systems. These programmes are offered in affiliation with collaborating partner Lancaster University. Students who complete the requirements will receive a scroll from Lancaster University as well.
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