The Global Enterprise Challenge is a national challenge involving a number of Australian teams competing over 24 hours for a chance to be chosen as the winning representative for Australia. Each team develops a solution and produces a short report including a business plan and marketing presentation. The winning Australian team then goes on to compete against other teams internationally via the web.
The GEC Qualifier program is designed specifically for schools wanting to qualify to represent Australia in the Global Enterprise Challenge. In 2010 the qualifier program will be based on the Manufacturing Simulation. Participants are required to take over an established Sporting Goods Manufacturer and run the company for a simulated period.
This program involves each participating team to submit a team of 10 students to run a company via the online simulation for 8 quarters. The teams are also required to deliver their solution to a challenge through a business plan and video recording of a 3 minute oral presentation including a PowerPoint presentation.
The top 5 teams will be offered the opportunity to enter a team in the Global Enterprise Challenge.
GEC Qualifier Program Schedule
Decision Deadlines
- Decision 1 - Tuesday 16 February - Deadline 2.30pm AEST
- Decision 2 - Tuesday 23 February - Deadline 2.30pm AEST
- Decision 3 - Tuesday 2 March - Deadline 2.30pm AEST
- Decision 4 - Tuesday 9 March - Deadline 2.30pm AEST
- Decision 5 - Tuesday 16 March - Deadline 2.30pm AEST
- Decision 6 - Friday 19 March - Deadline 2.30pm AEST
- Decision 7 - Tuesday 23 March - Deadline 2.30pm AEST
- Decision 8 - Friday 26 March - Deadline 2.30pm AEST
Submissions Due - Tusday 27 April - Deadline 2.30pm AEST
Results Announced - Wednesday 28 April
Acceptance by - Monday 3 May
The assessment for this program is defined as:
Simulation 25%
Business Plan & Oral presentation 75%
Total: 100%
Judging Criteria
Teams will be judged on the following criteria:
- Creativity & Innovation - how creative and innovative is their idea?
- Finance & Production - have costs been considered? Is production viable?
- Taking the Idea to the Market - will the target market be interested? How will it be marketed to the target audience?
- Communication - how well is the idea presented? Was the presentation delivered effectively within the 3 minute timescale?
Program Status
The animated graph below depicts the movements in share price over the course of the Program for each company competing.
The Program Participants are:
| Colour | No | School |
|---|---|---|
| 1 | Earnshaw State College - QLD | |
| 2 | Elanora State High School - QLD | |
| 3 | Mount Scopus Memorial College - Vic | |
| 4 | Brisbane Grammar School - QLD | |
| 5 | Figtree High School - NSW | |
| 6 | St Helena Secondary College - Vic | |
| 7 | St Andrew's Lutheran College - QLD | |
| 8 | Mt St Michael's College - QLD | |
| 9 | Hunter Valley Grammar School – NSW |
