2020 applicants
Event

£100 Challenge - Essex Startups

The 4 week-long Entrepreneurial Challenge

  • Mon 11 Nov - Mon 9 Dec 19

    17:00

  • Colchester Campus

    Studio X, Innovation Centre

  • Event type

    Networking or social

  • Event organiser

    Essex Startups

  • Contact details

    Krystian Bucko
    (0)1206 874827

What is the £100 Challenge? 

This challenge gives you an amazing opportunity to practice real life business skills. We are not talking "filling in spreadsheets"! Instead, your team will receive a £100 which you need to reinvest and turn into profit. Whether you will buy and sell food in bulk, or provide a flower delivery service on campus, your ultimate goal is to cut the biggest profit over other teams. 

You can visit the £100 Challenge CareerHub page to sign-up and see more details on the event. Below is an overview of our rules:

  • Winning team keeps their profits
  • Losing teams' profits are donated to charity
  • Participating teams are between 3-6 people
  • £100 cannot be spent on alcohol or other prohibited items

We are launching this challenge on Monday 11 November. Places are reserved on a first-come first-served basis, so book your spot now via CareerHub.

£100 Challenge - Essex Startups

Above are the pictures of the previous years' contestants.  Their ideas included tactically selling snacks at "Essex Take Me Out" event, providing Chinese New Year and Valentines Day gifts, as well as selling cupcakes. While some generated more income than others, all ideas were amazing examples of how easy it actually is to run your own business. All it takes is a little legwork and a "just do it" attitude. Join us in this year's challenge!

If you have any questions about the event, contact startups@essex.ac.uk.