The applications are open for a long period until September 20th and the results will be given in late October and November.
Participants are expected to enclose their business ideas together with their applications, the ideas should be written in form of a concise work in English of maximum 2500 words on a preferred subject.
The winner with the most creative concept will be awarded 25,000 CZK to further support and develop their idea. The other two best participants will gain vouchers to shop at various online stores in the amount of 6,000 and 3,000 CZK.
The ideas could be about innovative products, new applications, unusual online store or pretty much anything that has to do with visions and strategies. The ideas should of course be realistic and attractive for a targeted group.
The Idea Award is open to all students of colleges and universities worldwide. The only condition is for the particular college or university to publish and advertise information about the award on their website.
The concept is organized and realized by ShopAlike.cz, a start-up virtual shopping platform that compares the products offered in Czech and international e-shops. Together with the brand Ladenzeile, it operates worldwide and is part of the Berlin e-commerce company Visual Meta GmbH.
According to ShopAlike’s website, the company is still at the heart of start-up and knows how hard it is to succeed at the start of one’s career. Therefore, they want to give a chance to young and talented people who are not afraid to present their inspiring ideas.