IT Carlow Students going to Regional Finals of Newstalk Student Enterprise Competition
The IT Carlow final of the Newstalk Student Enterprise Competition was held at the Institute on Thursday, 13th January. The Newstalk 106-108fm Student Enterprise Competition is designed to foster a spirit of enterprise in students attending Ireland's Institutes of Technology and the National College of Ireland and uses a case study format, allowing participating teams to research companies and learn about real business challenges and solutions. The winning team will win a trip to mobile telecommunications operator Digicel Group's offices in the Caribbean.
" Since its inception in 2006 the competition has generated huge interest amongst both students and lecturers in the colleges. A record 350 teams from the 16 participating higher education institutions entered the competition last year. "Victorious on Thursday were the team Rory Cotter, Laura O’Brien, April Connolly and Derek McHugh, all final year students in the Bachelor of Business (Honours) in Management course, who presented their entry to the judges and a wider audience and were then grilled by the judges for 20 minutes. Their case study was based on a company called Cartridge World Cork. The company was in operation for three years and had reached a stage where decisions about the future were needed. In the case study the students had to
• evaluate the entrepreneurial attributes of the owners,
• analyse management, marketing and financial data
• present various growth options based on the information provided and
• recommend a future strategy for the company. "