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A Walter Chang, Harry Cheng, Peter Chuang, Alice Fang, Jia-Uei Lin, Yu-Ting Wei, Bruce Yeh

Idea Market: Bid Your Future

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Idea Market is a competition-based platform that motivates young students in Taiwan to gain experience in innovation and entrepreneurship. There are three groups involved: challenge proposers (companies), ideators (high school and college students), and bidders (members of the general public). After companies propose challenges on Idea Market, students are given the opportunity to brainstorm and submit innovative ideas. In the preliminary rounds, the general public will vote by bidding on ideas they think the company will choose. In each round, a proportion of ideas will be eliminated. For the final round, the challenge proposer (company) will choose the winners. This structure creates a win-win-win situation. Students win: the students whose ideas are chosen by the challenge proposer earn money (from the bidders) and connections with companies; furthermore, all students who enter gain ideation experience and motivation to be entrepreneurs. Bidders win: those who chose the right idea earn money, and all bidders contribute to the education of future entrepreneurs. Finally, the challenge proposer wins: gaining a fresh supply of new ideas for the challenge they set out to solve.

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Page 1: Idea Market: Bid Your Future

A

Walter Chang, Harry Cheng, Peter Chuang,

Alice Fang, Jia-Uei Lin,

Yu-Ting Wei, Bruce Yeh

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There are also many young students with many ideas, but they are not confidence in their ideas. And they also dont know how to use the knowledges learned from schools.
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Ideas markets

• Solutions to challenge

• Entrepreneur talent

• Practical experience

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And do you think heres the end of story? Not yet, Not yet. Here comes the third character "the Bidders". As you know Asian people love gambling, or we so called investment. that we can seen from Marco's Casino earns 6 times more than Las Vagus. And you can see that there are so many lottery stores near your home.
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So we invite these bidders into our platform. To bid the ideas that companies will pick. Just like horse racing pick the best horse you pick the best idea in idea market.
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And then the companies who call for ideas will be the judges pick the best idea they need. As the purple light bowl you can see.
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So the students who create this purple idea will win the money for award also learn enterpuner experience.
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And the companies win plenty of good ideas from the students all over the world.
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And the bidders who select the winner idea, will also win moneys.
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Challenges: How to make New smart phone concept?

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Comes to Round 2

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And, Here comes the most interesting part of our IDEA MARKET, we have sereval rounds in our bid. If you dont want to spend that much money, you can come to round one that you can see through 100 of ideas. more time less money. Or you can spend more money and less time to ROUND 2 that there are top 10 ideas left.
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Triple Win Beneficial Results

Ideas Market

Challenge Proposers

Student Ideators

Public Bidders

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Triple Win Beneficial Results

Ideas Market

Student Ideators 1. Entrepreneurship experience

2. Innovative Practice

3. Connect Studies & Real world

4. Game-like learning

5. Financing Reward

Challenge Proposers

Student Ideators

Public Bidders

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Triple Win Beneficial Results

Ideas Market

Student Ideators 1. Entrepreneurship experience

2. Innovative Practice

3. Connect Studies & Real world

4. Game-like learning

5. Financing Reward Challenge Proposers 1. Outsource problem solving

2. Increase visibility

3. Engage young talent

4. Corporate Social Responsibility

Challenge Proposers

Student Ideators

Public Bidders

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Triple Win Beneficial Results

Ideas Market

Student Ideators 1. Entrepreneurship experience

2. Innovative Practice

3. Connect Studies & Real world

4. Game-like learning

5. Financing Reward Challenge Proposers 1. Outsource problem solving

2. Increase visibility

3. Engage young talent

4. Corporate Social Responsibility

Public Bidders 1. Opportunity to win money

2. Do good for society

Challenge Proposers

Student Ideators

Public Bidders