Congratulations to the Somerset College students involved in the recent Startup Weekend Gold Coast event, hosted by Bond University. The Overall Favourite and the Crowd Favourite winning team was Waterways, a team of seven members which included Year 10 and Year 12 Somerset students: Jordan Murdock, Mitchell Murdock, Zachary Lai and Tim Shen. The High School Favourite winning team was Yetti Wear, a team of six members which included Year 11 Somerset student; Valerie Fang.
This exciting event brought 70+ diverse participants together. Teams were formed on the Friday night and then they spent the whole weekend working on their innovative ideas. Each team had to consider the needs of their potential target audience, conduct comparative business analysis, research and forecast potential earnings, develop marketing strategies, and design digital app solutions. All 9 teams’ innovative startup ideas focused on digital technologies, including app solutions within digital marketplace environments catering for business-to-business and business-to-customer models.
Startup weekends, Hack events, and Entrepreneurial Pitch competitions are now a common feature in our society and it is no surprise that our young people are excelling at these events. Working on a startup idea and pushing through to a viable product solution is an invaluable experience for people interested in starting a business. It is especially important for our youth to experience this to help prepare them for their future lives in a digital, competitive and global economy.