EC-SOS Project

Practical Simulation Learning Platform for College Entrepreneurship

實戰平台封面

Winning teams would be awarded with an NTD 100,000 startup fund as a grant for product idea development and creating proofs-of-concept.

2021 Academic Year College Innovation and Entrepreneurship Education Program – Practical Simulation Learning Platform for College Entrepreneurship. Interested teams should confirm their interest in participating before 2022/1/25 with the National Taiwan University of Science and Technology Business Incubation Center, and submit the necessary application documents by 2/15.

The Practical Simulation Learning Platform for College Entrepreneurship (SOS-IPO) is meant to provide students with practical entrepreneurial experience, allowing them to experience a real startup creation process. All current students who have previously completed a university course on entrepreneurship are eligible to participate, and the entrepreneurial team would also be mentored by an instructor while using the platform, allowing them to experience a real startup process. We create an environment which allows for failure through virtual fundraising, and by providing courses for each stage of the process, we assist the team from the development of product ideas and prototype implementation to the establishment of a business model and carrying out market validation. These courses would make use of the school’s makerspaces, and the course would guide the team towards successfully carrying out market validation and practically creating a real startup, gradually turning “entrepreneurial education” into “real entrepreneurship”.

實戰平台說明

Application Process:

實戰平台流程

The rules for application are as follow:

  • Application Criteria
  1. Only universities who have been awarded grants under the College Innovation and Entrepreneurship Program for the 2021 academic year are eligible to register for an account for this year’s program. (Available to National Taiwan University of Science and Technology students)
  2. Team members must be current students of the university who have previously completed courses on entrepreneurship on campus conducted by the university, not including courses organized by other institutions. The following documents can be provided as proof: Attendance sheet, university transcript, course certificate, academic certificate.
  3. At least three members of the entrepreneurial team must be current university students, and the team can be composed of students from different universities. One faculty member, industry expert or consultant must participate as the team supervisor.
  4. Teams can consist of members of different nationalities, but at least one member must be a Taiwanese student.
  • Expenditure recording guidelines
  1. The startup guidance department at each university would be responsible for supporting the entrepreneurial team in submitting their NTD 100,000 expenditure report, and funds should be recorded, spent and written-off according to the Ministry of Education’s Grants and Commission Fees Reporting Guidelines
  2. Entrepreneurial teams awarded the NTD 100,000 in funding shall only use these funds for business expenses, which in principle can include printing costs, domestic travel expenses, material costs, consulting fees, other miscellaneous expenses and advertising fees. If necessary, reasons need to be provided for included expenditure items. Capital items such as personnel and equipment costs cannot be reported as expenditures.
  • Required Application Documents: Please refer to the link at the bottom of this page (Updated November 9th)

》Deadlines:

Teams interested in participating should submit paper copies of the following documents to Ms. Huang at the Innovation & Incubation Center on the fourth floor of the Yi-Yang Building (extension 1244) before 5pm on 2022/2/15 (Tuesday) for criteria evaluation and university document processing. An electronic copy of these documents should also be emailed to starelle1221@mail.ntust.edu.tw.

》Contents:

  1. Team document application form (Please fill out online and print out. Tick that you agree to the participation conditions below, sign, and submit the paper copy.)
  2. Certificates of Enrollment for each team member (Please provide as an electronic Microsoft Word document)
  3. Proof of courses completed by each team member (Please provide as an electronic Microsoft Word document)
  4. Plans for how the startup grant would be spent (please do not modify the grant amount), table of expenditure receipts (please list the expenditure items which the 100,000 NTD grant would be spent on). (Please provide as an electronic Microsoft Word document)
  5. Letter of consent from supervising faculty member (Please provide as a signed paper document)
  6. Guidance plan from supervising faculty member (Please provide as an electronic Microsoft Word document)
  7. Letter of consent agreeing to how personal information would be collected, processed and used. (Please provide as a signed paper document)

》Project plan format:

Project plans should be written from left to right on an A4 page. Titles should be in 18-point font, the body should be in 12-point font, single-line spacing should be used and page numbers should be included.

  • Logging in to the practical startup platform
    》Deadlines: Teams interested in applying should email starelle1221@mail.ntust.edu.tw before 5pm on 2022/1/25 (Tuesday). Teams can only login to the platform after they have been granted the access rights to do so by the Innovation Incubation Center.

》Contents:

  1. Proposal title: Within 15 words.
  2. Startup concept video: The video should be one to three minutes long (1080p), have background music, and be subtitled in Chinese if there is voiced narration.
  3. Logo or product picture: Please design a logo or provide a product picture in line with the chosen product or brand name. The logo or picture should be 960×720 in size, at a 300 dpi resolution, and be placed as the very first image in the proposal. This image would be used as the proposal thumbnail by the platform. We recommend selecting an attractive image relevant to the proposal’s content (use PowerPoint’s 4:3 presentation size for reference).
  4. Project abstract: The abstract should be at least 500 words in length, and the main highlights or content of the proposal should be mentioned. At least three supporting images must be included (in any dimensions, 300 dpi, can be a product mockup image, diagram of your business model, diagrams of use cases, or pictures of the R&D process). The abstract can:
(1) Introduce your product (service)
(2) Describe what problems your product (service) can solve
(3) Describe who your product (service) is targeted at
(4) Describe how your product (service) can be promoted to a larger audience
(5) Describe your future business model.
  1. Introduction of team members: Includes information on their institution and department, and descriptions of the role they play in the proposal as well as what expertise they bring (for example: technological skills, research, marketing, operations, finance, project communication).
  2. Plans for spending proposal funds (NTD 100,000): Please provide a pie chart clearly illustrating how funds would be spent. Hardware expenses (such as computers, photocopiers, printers and telephones), personnel costs (such as salaries for team members) and patent application fees cannot be covered by these funds. These funds can be spent on printing costs, domestic travel expenses, material costs, consulting fees, other miscellaneous expenses and costs necessary for implementing the proposal.
  3. The proposal should be implemented from 5/1 to 6/30. Activities to be undertaken for each week or month of this 60-day creation phase from 5/1 to 6/30 should be planned out, split into progress to be made during the middle phase (from 5/1 to 5/30) and late phase (from 6/1 to 6/30). Please clearly describe what the progress goals are for this middle and late phase, and make sure that these goals are feasible.
  4. Other: Additional explanations that would benefit the proposal, or other supporting documents.
  • Please refer to this link for the required application documents
    (updated 2021//11/9): https://pse.is/3lw3nq

Contact person for Business Incubation Center, National Taiwan University of Science and Technology:  
Ms. Huang #1244 / starelle1221@mail.ntust.edu.tw

Please contact Ms. Tsai (02-23316086*7214) or Ms. Ke (02-23316086*7223) of the Project Office if you have any related questions.
Email address: ecsos2013@gmail.com
Fax: (02)2331-7556
Address: 4F, No. 127, Yanping South Road, Zhongzheng District, Taipei City 10142 (405A Dashin Hall, Chinese Culture University)