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"Building networks, Empowering leaders, Realizing ideas."
ICMS Venture Challenge (IVEC)
Cedric Lee Yitzhen
VISION
Increase number of participants to at least 50
Generate more technical question during IVEC
Attract more sponsors to further fund our participants
Problems from IVECNot enough participants, considering the number of Malaysian just in University of Michigan
Question were too general and not too in depth with the level of students
Did not distinguish itself from the numerous business case competition on each campus
Steps to improve IVEC"Building networks, Empowering leaders, Realizing ideas."
Use blog post to market the details of the event & use SEO’s technique to market the event
Market the speakers, ensuring their experience and reputation
Contacting with Malaysian Student Associations throughout all the universities, particularly in the East Coast
Publicity & Marketing Techniques
Generate an presentation on why which company should an investor invest in, if only can be sold after 10 years like:
a)Walmart vs Amazonb)NVIDIA vs TESLA
• Looking at each dividend & potential earnings• Stock trends from the past
As a venture capitalist, generate a proper explanation on which company should you invest 10 million on at its seed stage from a list of 6 companies(Real companies) named A – F• After listening to each explanation from the teams,
inform them that the company was a known company like Uber or Facebook or Yahoo
Example studies that could be usedto distinguish from other business case competitions
Provide more distinct case studies, instead of similar ones. For example :
a) Outline a technology recently discovered and how to bring it to the South East Asian Market to attract investors and explain how to adjust to the market
b) Generate and design a concept of a video game which will be able to attract audiences of both genders
Improve on the technical aspect of the questions of IVEC Through implementing real life analysis of a stock portfolio and
possible outcomes and detailing their next option after a disaster occur after their recommendation.
Thus, a needed 2 steps solution if first recommendation failed
Question & Case Studies
Risk of Suggestions• Could cause interested students from
participating due to technical questions
• Could result in over complicating the event due to the need of getting sources of information from numerous professionals
Investor could only want topics based on their specific field of work
Developed the necessary skills needed to succeed
Why do we have to change?Distinguish us from other business case competitions
Attract more sponsors, so we can use the money for marketing & subsidizing more for the participants, so more participants will be willing to attend the event