The 1st Market Survey Contest for International Students of Zhejiang Normal University
The 1st Market Survey Contest for International Students oral defense was held on May 7th 2016. The contest themed “Attracting Chinese investment for my hometown” was organized by the collaboration of college economics & management and China-Africa business school in Zhejiang Normal University.
The 1st contest for international students was coordinated by Dr. Justin Liu and divided into two rounds on January and May 2016 respectively. There are 7 teams who participated in the contest on the first round. The reports from each team are evaluated by anonymous experts from government panel, entrepreneurs and academia. However, in May 2016, there are only 5 teams that are qualified to continue to the second round, the oral defense.
The oral defense on May 7th 2016 invited judges from International Trade Company, Electronic Commerce Company and also Professors from Zhejiang Normal University. It began with a short speech from Dr. Justin Liu, who expressed his contentment about the contest and hopes that in the future, not only IMBA and IBM students who will participate in the contest, but also students from different majors are welcome to join. He also introduces that the 5 teams that are qualified in this round are Cameroon Business Opportunity, Bamboo Team, Ghana Must Go, G.I Squad and Bello’s Team. In this oral defense, each team is given 15 minutes to present their market research to the judges. The judges asked questions regarding the team’s project at the end of every presentation, and gave score for the answer. The oral defense was stimulating, each team presented different kinds of interesting investments for different countries such as solar panel in Cameroon, educational tablet for kindergarten in China, agriculture that includes rice and maize in Ghana, food delivery service mobile application in Indonesia and solar powered fan in Nigeria. Each project is designed to solve the issues and help the development of respective countries.
The program then followed by the announcements of the winners and pictures taking; each team will be granted a certificate; however, there are 2 teams for the second prize, 2 teams for the first prize and 1 team for the Top prize. It was an agitating moment waiting for the announcement, and finally Dr. Justin Liu announced the second prize winners for CNY 500 are Ghana Must Go (leader: Mohammed Abdul Latif a.k.a Sanaa) and Bello’s team (leader: Bello Galadanchi), followed by first prize winners for CNY 1,000 are Cameroon Business Opportunity (leader: Madzo Sandrine Gael) and G.I Squad (leader: Lenka Saerang) and last the bonus winner that received CNY 2,000 is Bamboo team (leader: Tristan Vaca Narvaja).
This is not merely a simple contest, but also an exploration and trial on the road of cultivating potential entrepreneurs with innovative thinking and practical ability. The contest plays an important role in improving China-Africa industrial capacity cooperation, accumulating the development of China-Africa economic and trade cooperation, as well as establishing the system of excellent international entrepreneurs in ZJNU.