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Swedbank Business Sketch Competition

Swedbank Business Sketch Competition

We invite bachelor students to participate in the Business Sketch Competition and gain experience in entrepreneurship by developing their own business idea. The competition is specifically looking for business ideas that address people’s needs while taking care of the planet.

How to get to a profitable business idea? Who are your potential customers and competitors? How to plan finances? How to build your team? Where to find seed capital? By becoming participants in the Business Sketch Contest and finding answers to these questions, young people will gain in-depth knowledge and understanding of the basic principles of entrepreneurship.

Students have until January 22 to enter their teams.

The competition will take place in three rounds: in the first round, a business sketch will be submitted to the jury; in the second round, a video description of the idea; and in the final round, the best ideas will be put to a public vote. The 1st prize winners will receive €1,500, the 2nd prize winners €1,000 and the 3rd prize teams €500 after tax. The winners will be announced on 27 March.

The competition is organised by Swedbank in cooperation with the Riga Technical University Design Factory, Skola 2030 and the Latvian Students’ Association.

Find out more about how to apply and how the competition works here.

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