Start-up

Competition

The student club supports the business environment at TUL and thus creates a close community of entrepreneurial people.

Competition rules

Organizing organization

Technical University of Liberec, under the auspices of the Rector of TUL

The name of the competition

Student Business Club – „START-UP TUL“

The aim of the competition

The aim is to introduce students of all TUL faculties and disciplines to the possibility of establishing their own start-up in a creative way.

Conditions of participation

The entrant must be an innocent student over the age of 18 at the time of entering the competition.

In a nutshell:

Competition concept

It’s a long-distance run, but before you “run out”, you need to stop and think. The same goes for working on your own START-UP business model concept. Don’t be afraid to take paper, pencil, sticky notes and make up. The following rules CAN serve as landmarks at work:

1
Know yourself! Why do you want to start a business and what is your motivation? What abilities do you have? Do you want to pursue business as your main activity? Do you have the support of your surroundings (family)?
2
Know the industry! Do you know what market segment you are heading to? Who and why will buy your products or use services? Do you know your competition? How much money and effort do you need to start a business? How long will it take you to get to market?
3
Consider the legal requirements! Do you mean business seriously? What will be the name of the company and what will be its legal form? Do you know what are the requirements for its registration? What are the right business licenses and permits you need? What insurance do you need? Accounting or tax records?
4
Start planning! Write a plan for your unique business project. Define briefly and clearly your strategy, tactics and specific activities for its implementation, including key data and deadlines. Get an idea of ​​your budget and cash flow. A small piece of advice, in addition to the expenses of starting a business, also count on financing the operation of the company for at least the first three months of the source of money available from you.
5
Suggest how to get finance for your business and stick to it! Think realistically and think about the possibilities of financing your business!
6
Do it! Create an action plan and be specific. Do you have a list of things you need to do to start a business? Do you have spaces, supplies, equipment, tools? Do you need employees - do you have them? Do you have any idea about your prices? How will the customer find out about you? How do you start your business?

Concept for submission

Evaluation criteria

What you get

By participating in the competition, you will primarily gain valuable experience, but the most successful of you will also receive material and financial rewards.

Our mentors

Lukáš Zajíc

Petra Joklová

Michal Gorec

Jan Kocour

Věnka Drábková

Martin Bauer

Ondřej Nekvinda

Miroslav Čáslavský

FAQ

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