BYEC (Bandung Young Entrepreneur Competition) 2018

BYEC 1Entrepreneur challenge or BYEC (Bandung Young Entrepreneur Competition) 2018 is a national business competition held by SBM ITB in collaboration with Entrepreneurship student association IMK Artha that invites high school students all over Indonesia to participate. The theme of this entrepreneur challenge is Design Thinking and Innovation which encourage the participant to find problems that evolve around them and using the design thinking process to solve the problem in a unique way and deliver the best yet innovative output. In addition, they also learn how to make Business Model Canvas for the next stage implementing their problem solutions into an actionable business idea. Both DTI process and Business Model Canvas are part of SBM ITB curriculum especially in the bachelor of entrepreneurship program. This purposely introduce to high school student so not only they can have a closer look at what it feels like learning in SBM but also have new knowledge and possibly gaining interest to join the faculty.BYEC 2.
After the selection process of the team from all over Indonesia, the committee of entrepreneurship challenge selected 10 best team to compete in Bandung. The competition starts from 31 August 2018 until 1 September 2018. The first day, all the participant gathered at the front entrance of auditorium freeport building to have welcoming lunch and networking activities. Then all the participant entered the auditorium and hear a warm welcome from Mr. Sonny Rustiadi as the head of SBM ITB Student Affairs. The last one who gives some speech is Zed Ridlo as the former chairman of IMK Artha and also one of the committee for Entrepreneur Challenge. The agenda for this first day is that all the participant get a workshop about Design Thinking and Innovation from Labtek Indie. At the end of the workshop, the participant received the case of the competition and given a time to ask further about it before finally returned to Frances hotel Bandung to prepare for the next day pitching.

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In the second day, all the participant have to present their work in front of Labtek Indie as the facilitator in this competition. Then after the presentation, the 5 business mentor that already provided, distributed to the whole 10 teams so that every 2 teams get 1 mentor. The mentoring process is preparing the team to perform their best in the final pitching that will be judged by Mr. Sonny Rustiadi as the head of SBM ITB Student Affairs, Mr. Aktsa M. Effendy as the CEO of Mejakita, and Ms. Shinta Arum as Tokopedia Community Development Specialist. This final pitching will determine the final result of the competition and selected the winners of Entrepreneur Challenge. After finishing the final pitching, all the participant headed back to the hotel and get ready for attending the gala dinner for awarding night and talk show.

In gala dinner and talk show, Entrepreneur Challenge also invites 5 best students with science and social major from every top high schools in Bandung like SMAN 2, SMAN 3, SMAN 5, SMAK 1, and Taruna Bakti Bandung to celebrate the main event and getting insight from the talk show that include Mr Aktsa, Ms Shinta, and CEO Labtek Indie as the main speaker with Mr. Sonny Rustiadi as the moderator. The speakers mainly talked about entrepreneurship and how to start a business in this era. In the awarding night which is also the main event that every participant awaits, the winner announced by the Entrepreneur Challenge Committee that the first place goes to The Ace team, the second place is Perfect Two team, and the third place is The Penities Team. The additional award which includes the best idea goes to VHSDTBS Team and the best speaker awarded to Andristi Tekan from The Effort Team.

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