Manulife New Product Challenge
Registration opens November 24, 2017
The Behavioural Economics in Action at Rotman (BEAR) research centre is excited to announce that we will be hosting the second annual Manulife New Product Challenge competition this winter, with a GRAND PRIZE of $10,000.
This is a great opportunity for students to test out potential business ideas, refine their pitching skills, and network with industry professionals. ALL University of Toronto students currently enrolled in a degree program are encouraged to participate. This includes both full-time and part-time students, across all campuses.
In this competition, we’re looking for new and innovative ideas that will help consumers improve their personal wellbeing in the domain of self-control.
The Challenge:
- In teams of 4 to 6 students, design a product (or service) concept in the domain of self-control. Example of problems you can address include: encouraging individuals to save more money, discouraging procrastination, encouraging healthy behaviours like exercising.
- Then, develop a business plan and pitch around your concept. You will need to present evidence of production feasibility along with a tested, or testable prototype (a low-fidelity prototype is acceptable).
Dates to look out for:
November 24, 2017 | Registration Opens |
December 1, 2017 | Information Session |
January 18, 2018 | Registration Closes |
January 22, 2018 | First round video submission due |
January 26, 2018 | Finalists are notified |
January 29, 2018– February 15, 2018 | Final Pitches |
For more information, please visit our webpage www.uoft.me/msc2018.
For reminder and updates on the challenge, join our mailing list here.
If you have any questions about the upcoming competition, please email Liz Kang (liz.kang@rotman.utoronto.ca).