To further support and enhance the successful collaboration between AUEB and Orange Grove, i-MBA offers a scholarship to a member of the teams hosted by Orange Grove to attend the “Innovation & Entrepreneurship” major of the program for the academic year 2015-16.
Orange Grove is a flexible, dynamic work space and meeting place for young entrepreneurs that want to develop their business in Athens. It was initiated by the Netherlands Embassy in Athens together with a number of Greek and Dutch corporate sponsors and universities and links young entrepreneurs to Dutch and Greek companies and academic institutions. Its mission is to support young entrepreneurs on their way to starting their own business and to support start ups in growing their business.
Once selected, teams of Orange Grove enjoy a wide selection of training opportunities including bootcamp, seminars and workshops, which help teams turn their ideas into viable enterprises.
i-MBA, in its quest to continuously supporting innovation and entrepreneurship, and enhancing the successful collaboration of AUEB with Orange Grove, offers one scholarship for the “Innovation and Entrepreneurship” major of the Full-time program for the academic year 2015-2016.
The scholarship is open to one member of one of the teams that have already been selected by Orange Grove and are hosted by the center. It will cover all i-MBA tuition fees (equal to 12,000€). Candidates must show that with their ideas, knowledge, talent and drive they have the potential to build a business with global reach.
Attending the “Innovation and Entrepreneurship” Major of the i- MBA Full-time program, recipients of the scholarships will acquire the technical, business and personality skills and knowledge necessary for a successful business venture. In the context of their Immersion Project, after completion of all the courses, they will also have the opportunity to work 100% of their time on their new venture.
Applicants should follow the formal procedure for admission to the program and also attach a one-page summary (about 500 words) describing their idea and the steps that they will take for the implementation of their project. This essay should summarize the idea and the intended business model under the following headlines:
1. Targeted Customers – Segments and Types of Customers.
2. Value Proposition – What is the product/service intended to be offered, why and how is it innovative, and what are the key needs it will address among the intended customers?
3. Key Resources – What are the competencies, knowledge, relationships and resources in the new venture that will enable it to succeed?
4. Revenue Streams – How will the venture potentially make money? Even if the idea is for a non-profit, it must break even to be a sustainable venture.
The application form along with the respective documents have to be sent to the MBA International Program’s secretariat (47A Evelpidon Str. & 33, Lefkados Str., GR 11362, Athens, Greece, room 805), by June 15th, 2015, with the label “Orange Grove 2015 Scholarship”.
For further information you may contact the Program’s secretariat at firstname.lastname@example.org.