Innovation ACT promotes the learning and understanding necessary for the development and commercialisation of a viable product. One area entrepreneurs can seek to commercialise are socially and environmentally sustainable business practices. An example of this are new methods, ideas and products which can reduce carbon emissions by the use of computers and telecommunications (ICT).
The generally accepted figure is that ICT contributes 2% of carbon emissions, but could achieve a 15% reduction in overall emissions by 2020. The ANU will be teaching Masters students how to do this from July 2009, in the course COMP7310: Green ICT Strategies Students can do the course from anywhere in the world, via the web.
All University staff and students are invited to attend seminars on commercialisation and business planning given by invited speakers from the business community in the ACT and NSW.
We encourage all everyone to come along to learn about all aspects of business and commercialisation.
Participating teams are required to register and are assigned a business leader as a mentor. Interdisciplinary teams are encouraged and a team formation evening - in the form of a speed dating evening will be held. So come along and find a team to offer your services to.
Each team will produce an executive summary and a professional business plan under the guidance of their mentor and will submit this to be judged. Two opportunities are also given to present their ideas in the form of an elevator pitch, where the teams are given a few minutes to pitch their idea, and a longer presentation prior to awards being given.
All aspects of commericalisation and business planning will be covered during the program. Seminars will be provided on the following topics:
- Introduction to Innovation
- Intellectual Property
- Product Definition
- Market Sizing and Validation
- Taxation and Company Structures
- Financials and Resources
- Environmental and Social Sustainability
- Business plan writing and presentation
Additionally, web based resources will be provided throughout the program.