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Unihack 2024: Business Plan For A Social Enterprise

To develop a business plan and solution prototype for an enterprise that addresses social issues, generates positive social impact, and ensures economic viability.

Scope of the Project

1. Define the Mission of Social Enterprise:
- Establish the primary objectives of the social enterprise.
- Identify the specific social issue(s) the business aims to address.
- Determine the target demographic or community.

2. Identify Targeted Market and Problem:
- Conduct an analysis of existing social enterprises in the relevant sector.
- Identify gaps and opportunities in the market.
- Understand the needs and preferences of the target beneficiaries.

3. Solution approach:
- Detail the operational workflow, including supply chain management.
- Define key roles and responsibilities.
- Establish performance metrics for social impact and business sustainability.


4. Marketing and Outreach:
- Develop a marketing plan targeting both beneficiaries and supporters.
- Outline strategies for brand positioning and public relations.
- Plan community engagement and partnership development activities.


Approach to the Project:

1. Initial Research:
- Analyze existing social enterprises in the relevant sector.
- Draft a project charter including scope, objectives, expectations, timeline, and resources.

2. Strategy Development:
- Generate a Social Enterprise Plan based on the research and planning,
- Tailor strategies to different segments of the target market.

3. Validate and Refine:
- Develop a detailed action plan specifying tasks, responsibilities, and timelines.
 

What you need to submit
For Phase One, you must create an A3, PDF poster to outline your idea or project. This poster should include the following information: 

  • What is the problem statement
  • What the idea is
  • How does it solve the problem outlined in the problem statement
  • How scalable is it
  • What resources and timeline do you need for your idea
  • How is your idea different from other solutions

Deliverables

Presentation document

pdf icon PDF

Judging Criteria

  • 1 . Creativity
  • 2 . Impact of the project
  • 3 . Feasibility
  • 4 . Quality of the presentation

Organisers

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ProjectSet Events

FAQs

  1. What is UniHack 2024?

UniHack is a Hackathon based on providing solutions to socio-economy issues that the world is facing. 

 

  1. Is UniHack a global hackathon? Who can join UniHack?

Yes, UniHack 2024 is a global hackathon bringing together participants from various countries to collaborate and develop impactful ideas. 

To be eligible for this hackathon you must: 

  • Be in a team of one to four participants
  • Be a current university student or a recent graduate (6 months max)
  • read and accept the terms and conditions of this hackathon

If you are found to have broken these terms and conditions, you will be forfeited from this event, and will not be eligible for any awards given. 

 

  1. What are the dates for UniHack?

The hackathon will be held between 8th November –29th November 2024.

 

  1. Is UniHack conducted online?

Yes. The competition will be completely virtual giving you an opportunity to take part in a global competition on an international platform all from the comfort of your own home.

 

  1. What are the prizes for the winners?

The eligible participants will be getting a certificate. Further prizes will be listed in the ‘Prizes’ tab of the project details page.

 

  1. Is it free to participate? What do I need?

Yes - participation is entirely free. All you will need is a computer/laptop and a half-decent internet connection.

 

  1. How do I join a team, or form a new one?

When registering to your chosen track, you will have 3 options:

  • Create a team: The platform will form a new team with you as the first member and prompt you to enter a team name. When you enter your new team’s ProjectStudio, you can enter the email IDs of other members you would like to invite to your team (you can invite any eligible person from any school). Alternatively, you may opt to open your team for other people to join in using the ‘Private/Public’ toggle. 

  • Join a team: Join other students in an existing team (rather than forming your team) if you so prefer. This is a great way to meet new people!

  • Wait to be randomly assigned: Not ready to create or join a team? Select this option to join the project, and then you can either create or join a team at a later date or wait to be assigned to a team by us when the hackathon begins!

 

  1. How many people can I have on my team?  

You can either participate individually or form a team with up to 3 members. 

 

  1. Will we get help? What happens if we get stuck? 

Of course. ProjectSet team members will be able to assist you throughout the hackathon process. If you get stuck, drop us an email at events@Projectset.com. We will also be hosting a drop-in help session during the hackathon to assist you with anything you need!

 

  1. Can I resubmit my project after submitting it once? 

Yes. You can resubmit your project anytime and as many times until the submission deadline. Your output will not be reviewed or evaluated by judges until the deadline has passed.

 

  1. What if I have more questions?

Please ask away! You can send questions at any time to Events@Projectset.com - If you make the subject title of your email ‘Unihack Student Query’ then we can get back to you even sooner.

Terms and Conditions

DOWNLOAD FILE
Register Here
calendar-icon-blue
  • REGISTRATION OPENS

    Sep 2, 2024, 12:00AM BST

  • REGISTRATION CLOSES

    Nov 7, 2024, 12:00PM BST

  • PROJECT STARTS

    Nov 8, 2024, 12:00AM BST

  • PROJECT ENDS

    Nov 29, 2024, 6:00PM BST

  • LOCATION

    Online

  • TYPE

    Competition

Tags
  • Presentations
  • Creative Thinking
  • Entrepreneurship
  • Planning
  • Organizational Skills