Fully Funded Master Scholarships in Innovation and Entrepreneurship at Esade College in Spain

Esade College in Spain offers MSc Scholarships in Innovation and Entrepreneurship to students from all over the world.

The applicant must develop a business model as follows:

• Find a big customer problem.
• Develop a value proposition and design a suitable business model.
• Interview customers face to face to understand the problem and the proposed solution.
• Develop a marketing strategy: Get outside the building to understand the complete customer buying process and the market communication and distribution structures, and then go, find. and interview face to face the stakeholders involved in the business model design.
• Use all the facts to validate the revenue model for the business.
• Throughout the process learn to change course whenever you discover you are wrong.
• Lessons learned: Identify what you learned throughout the process and how your business model has changed along the way. What is the new, validated business model? Is it worth pursuing?

Presentation Guidelines:

The presentation must contain the following:

• Title slides of the business opportunity.
• The customer problem you address.
• The solution you propose.
• Description of the market, market attractiveness, and submarkets.
• Competition and differentiation.
• The business model.
• Progress to date, traction, key lessons learned.
• You, (team) and how you will further develop the team
• Next steps/timeline.

Competition Stages:

• Stage 1: Submission of the proposals.
• Stage 2: Announcement of the finalists: By 9th April 2021 the finalists will be announced.
• Stage 3: Submissions of the presentations by 3rd May 2021

The finalists will prepare a 5-10 minutes long video to present the major point of the business model in a persuasive and professional manner. A file or a link to a file, with the video, should be sent by e-mail to: mscinnovation@esade.edu not later than 3rd May 2021.

• Stage 4: Results will be announced by May 28, 2021.

• First Prize: The winner will be the candidate who submits the best proposal and will receive a grant to cover 100% of the tuition fees of the MSc in Innovation and Entrepreneurship (€29.100).
• Second Prize: The 2nd prize will receive a scholarship for 60% of the tuition fees of the MSc in Innovation and Entrepreneurship (€17.460).

The competition is open to anyone applying to the MSc Programme in Innovation and Entrepreneurship: Graduated, post-graduated, or student in the final year of an undergraduate program from any university, but to be eligible for the grants, the candidate must have satisfactorily completed the admission process. Thus, to get to Stage 4 of the competition the participants must have been accepted in the MSc in Innovation and Entrepreneurship program

About ESADE:

ESADE is a global academic institution known for its quality education, its international outlook, and its clear focus on holistic personal development. With strong ties to the business world, ESADE stands out for its innovation and contribution to social development. People are ESADE's greatest asset: its faculty, professionals, and more than 60,000 alumni worldwide.

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