26 contestants compete in the Final round of 'Youth Startup Ideas and Projects' in 2021

On the morning of August 7, the Provincial Youth Union Standing Committee, the Provincial Youth Union, and the Provincial Student Association held the opening ceremony of the 2021 Youth Startup Ideas and Projects Competition. Attending the program were comrades: Hoang Dinh Tuan - Deputy Head of the Provincial Party Committee's Mass Mobilization Committee; Nguyen Viet Hung - Deputy Director of the Department of Science & Technology; representatives of the Department of Agriculture, the Cooperative Union, the Department of Agricultural, Forestry and Fishery Product Quality Management, the Provincial Agricultural Extension Center... and related units. Photo: Thanh Quynh

In recent years, the movement of start-ups, entrepreneurship, innovation and creativity has grown stronger and stronger, attracting the participation of many businesses, union members and young people across the country and in Nghe An province.

The contest “Startup ideas and projects for young people in Nghe An province” aims to encourage, motivate, orient and build the spirit of entrepreneurship, career establishment and participation in economic development of young people. At the same time, it creates a favorable environment to work with industries and organizations to promote and support young people to start businesses.

26 contestants will directly present their entries and answer questions from the Organizing Committee to clarify the feasibility and advantages of each project. Photo: Thanh Quynh

Speaking at the opening ceremony, Deputy Secretary of the Provincial Youth Union Thai Minh Sy said that this is the 5th year the contest has been held. While in previous years the contest was limited to rural youth, in 2021, the contest was expanded in scale and target to all union members, youth, and students in the province.

The Provincial Youth Union Standing Committee hopes that the program will become a useful playground for young people and students to demonstrate their talents. At the same time, seize the opportunity for young people to review and evaluate their steps. At the same time, learn from experience to create connections in forming supply chains and production chains.

Many projects participating in the competition have been tested in practice. However, to make the model successful, it requires a lot of investment, orientation, market connection, and brand building. Photo: Contestant provided

This year, after more than 2 months of implementation, the Organizing Committee has received more than 40 entries with many different ideas and projects in various fields, the authors are rural youth, economic model owners, and students. The projects all aim at sustainable development, consumer safety, and at the same time make the most of the potential and advantages of the locality, unit and themselves.

After the preliminary judging process, the Organizing Committee selected 26 excellent projects to enter the final round.

Some successfully tested products were displayed at the final round of the competition. Photo: Thanh Quynh

Projects and ideas will be evaluated by members of the Judging Council, including experts in charge of start-up support, trade development, and cooperative building from departments and branches. At the same time, members will also guide methods and knowledge to perfect, promote and realize ideas, and improve the effectiveness of their projects in practice.

Scoring will be based on the following criteria: Production and business plan (25 points); significance of ideas and projects (15 points); creativity (15 points); feasibility (25 points) and idea presentation (20 points).

Winning projects will continue to be nominated to participate in the Central Youth Union competition and proposed for support in legal guidance, technology, branding, and product consumption connection.