GI challenge 2023 launches for young Sunshine Coast entrepreneurs

Young Sunshine Coast entrepreneurs are about to get the chance to make their dream business a reality as the Generation Innovation challenge launches for 2023.

The Generation Innovation challenge has launched for 2023.

The Generation Innovation challenge for 2023 has launched, giving young Sunshine Coast innovators a shot at making their dream business a reality.

Generation Innovation was founded by Federal Member for Fairfax Ted O’Brien to connect entrepreneurs aged between 15 and 25 and give them the guidance to design and conceptualise on their business ideas.

Each year, selected participants are provided with skills, free training and business connections needed to build on their ideas.

“The program aims to create role models for young people, inspiring them to believe in their potential and turn their ideas into profitable businesses,” a Generation Innovation statement reads.

Participants ultimately pit their ideas against their peers in order to compete for a $10,000 package to help launch their dream business.

Mr O’Brien placed emphasis on the importance of nurturing young talent for the future.

Generation Innovation was founded by Federal Member for Fairfax Ted O’Brien to connect and guide young entrepreneurs.

“Our goal with Generation Innovation is to provide young entrepreneurs with the tools, resources, and support they need to turn their ideas into reality,” he said.

“We believe that by investing in our youth, we‘re investing in the future of our economy and our community.

“We’ve seen first-hand the incredible impact this program has had on young lives, empowering them to not only dream big but also to develop the necessary skills and connections to make those dreams a reality.”

Mr O’Brien has stepped down from the board at Generation Innovation but actively remains involved in the program, the website states.

Free registration for the Generation Innovation challenge 2023 has opened.

Generation Innovation director and chair Zoe Sparks highlighted the positive impact on the Sunshine Coast community.

“Generation Innovation is truly a community success story, made possible by the unwavering support of our exceptional sponsors and dedicated Sunshine Coast business mentors who share our passion for empowering young minds,” Ms Sparks said.

Federal member for Fairfax Ted O'Brien Generation Innovation Challenge 2022 winner Josie Pacey.

The challenge winner of 2022 Josie Pacey took home the $10,000 package to bring her Keola Surf Wax business to life.

During the challenge, selected participants are able to gain knowledge on advanced business concepts, lifelong business skills and techniques and how to create opportunities for themselves.

It is also an opportunity to take action on their business ideas and obtain vital connections with leading Sunshine Coast businesspeople, the release stated.

To register, visit generationinnovation.com.au and submit your business idea. Registration closes on Friday, July 21, 2023.