InnoICT Business Competition 2011

Debuted in 2010, the InnoICT Business Competition is an annual event organized by Macau New Technologies Incubator Centre (Manetic) and Tertiary Education Services Office to promote ICT innovation development in Macau. Winners will be given the opportunity to convert their business plans to reality through Manetic incubation services.

The InnoICT Business Competition 2011 came to a successful conclusion and the award ceremony was held at Manetic on 3 December 2011. The registration was opened during May and June. Then from July to September, the year’s competition wended its way through workshops, submission of business proposals to round off in the grand final. There were 14 teams from 3 universities and altogether 40 students were involved (39 Macau residents, 1 Mainlander).

Results of Macau InnoICT Business Plan Competition 2011:

	Winner	First Runner up	Second Runner up
Team/School	M.U.S.T.( Macau University of Science and Technology)	Du Book (University of Macau)	Six Degrees (University of Macau)
Members	Chan Ngai Chong Kuok Ka Wai Huang Jian Bin Lam Hoi U Sio Chu	Io Hio Nam Ng Hoi Sang Huang He Ting	Lin Jian Guo Lei Kam Fa Lam Kin Un Cheang Chi Wai
Project	An Android based parking system which allows users to check on the vacancies and its exact location. This system also promotes the usage of smart terminal, wireless and 3G usages.	With the advancement of technology, e-learning becomes one of the trends nowadays. Tablets become a media of e-text books and it is more efficient in teaching and learning, meeting the increased market demand.	Six Degrees is a social network platform which focuses on the sharing of information and the contribution to database by users. Users can share in real time. Gathered information builds up the database of the city which includes aspect in culture, politics, economics and geography. This service will grant its users a new perspective networking platform.
Awards	Certificate, Cash Prize: MOP $30,000, Business start-up fund: MOP $80,000, Manetic facilities and support services, Total Value: MOP $350,000.	Certificate, Cash Prize: MOP $18,000, Manetic facilities and support services – office space not included, Total Value: MOP $109,000	Certificate, Cash Prize: MOP $12,000, Manetic facilities and support services – office space not included, Total Value: MOP 102,500.
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.

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: