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Guidance supporting Europe’s aspiring entrepreneurs
                                                                Policy and practice to harness future potential




                     Example 8.  Innovation camps

                        Innovation camps are 24-hour intensive workshops in which students are given a real life business
                        problem and they must prepare a solution or idea to solve that problem within a limited period of
                        time. The camps are often sponsored by private companies (or public sector organisations) that
                        present students with a business  or  social  problem and some background information that will
                        guide their work or help resolve the issue.
                            The students work on the assignments in groups of three to six students and each group is
                        assigned a space in a conference centre, school, university or a company premises. The groups of
                        students start the work with an ice-breaking/brainstorming session. The team members may not
                        know each other, and have to find out how to work together most efficiently. After the initial ice-
                        breaking session, the students are presented with the challenge. The goal is to find a creative,
                        innovative solution to the challenge, and just 24 hours later present their solution to a jury that
                        selects a winner based on selected criteria.
                            Many  of  the companies presenting the challenge are multi-nationals, though many SMEs
                        have also been engaged. The challenge might involve asking students to come up with a marketing
                        strategy for a local museum or a company, or it can be a much broader social issue, such as
                        coming up with an environmentally and socially responsible  solution  to  a  problem  faced  by  a
                        company.
                            Then the teams need to move into the next phase which involves thinking through how to
                        make  their  idea a reality. They are given access to tools, information and resources and an
                        opportunity to meet representatives of the company who have provided students with the challenge.
                        The representatives may be consulted  by  the  students on technical, marketing or financial
                        questions, or conceptual aspect of their idea. The students sleep at the premises and often work
                        throughout the night.
                            Teams have to prepare a business concept and make their final presentations to a jury. The
                        jury normally comprises representatives of the company, the school(s), public sector organisations
                        and/or media.
                            Students enjoy the challenge and the ‘buzz’ created by the team work and the time pressure.
                        The activity also provides them with intense training on how to work creatively within a team. This
                        helps to develop their interpersonal and problem-solving skills and teach them about work under
                        tight deadlines.


                         The drawback of this approach is that the short time period does not allow
                     students to gain a real insight into the  lifecycle  of  a  business  and  the
                     opportunities  and challenges associated with entrepreneurship. Some parties
                     have  raised concerns when mini-companies have been replaced by innovation
                     camps  as  a  less  expensive way of providing entrepreneurship education; they
                     should, however, be seen as complementary - something that raises awareness
                     and ‘kindles’ enthusiasm for education for entrepreneurship – and not something
                     that would replace the in-depth learning experience related to mini-companies.

                     3.3.2.   Business competitions
                     VET students have more opportunities to participate in  business  orientated
                     competitions today than ever before.  Competitions have become an important
                     element of the entrepreneurship learning agenda and many of them are linked to
                     other  entrepreneurial  activities,  such as mini-companies. Competitions are










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