Dream a Reality: InnoICT Business Competition 2010

Jointly organized byMacau New Technologies Incubator Centre (Manetic) and Tertiary Education Services Office, the InnoICT Business Competition 2010 drew to an end and the award ceremony was held at Manetic on 30 October 2010.  This competition was held to promote ICT innovation development in Macau.  This competition was specially designed for fully time or part-time students from local tertiary education institutions.  Winners will be given the opportunity to convert their business plans to reality through Manetic incubation services. 

The registration opened for application from May to June and a workshop was held at “Communic Macau 2010”.  Competing teams had to submit their business plan at September and finalists will present their business plan to judges. We had participations from 4 universities with 23 teams, among which, composed of 64 students (52 Macau residents and 12 mainlanders). 

Results of Macau InnoICT Business Plan Competition 2010:

	Winner	First Runner up	Second Runner up
Team/School	Apps Market	MUST	Macau Software House
Members	Fan Wai Pio Wong Keng Lam	Tam Ian Hong Cheong Kim Fong Wong Ka San Chang Kuai Leong Tong Sin Pong	Leong Son Keong
Project	AppsMarket mainly develop the Apple apps for enterprises, and develop different products through different mobile platform.	MUST technology company focus on Chinese Medicine information technology, including website construction and development of information system services, R & D support system.	Macau Software House aims to develop innovative food and beverage catering management system for patrons to provide self-service electronic ordering system, currently the most popular dinners through the Tablet PC on the electronic menu.
Awards	Certificate, Cash Prize: MOP $25,000, Business start-up fund: MOP $40,000, Manetic facilities and support services.	Certificate, Cash Prize: MOP $10,000, Manetic facilities and support services – office space not included.	Certificate, Cash Prize: MOP $5,000, Manetic facilities and support services – office space not included.
Business Start-up Support	-Establishment of start-up business and marketing support. -Software development tools and platforms for R&D. -Training for both business and technical skills. -Business opportunity & investors exposure.

The winning teams Apps Market had established their own company "SoftFabrique" and join the Macau New Technologies Incubator Centre, through the assistance from Manetic, the company had finished their first deal.

Knowing that IT advancements are shaped by long-desired dreams, we fully devoted ourselves to building a better environment to inspire our youngsters.  We could never have achieved what we did without your support and we would like, as well, to show our appreciations and gratitude to the following organizations for their commitment:
The company aims to develop innovative food and beverage catering management system for patrons to provide self-service electronic ordering system, currently the most popular dinners through the Tablet PC on the electronic interaction a la carte menu.