Prize: 1st Place $12,000, 2nd Place $8,000, 3rd Place $5,000
About: The IBISWorld 3P Innovation Competition is an annual contest for UTS undergraduate and postgraduate students. The competition gives students the chance to explore creative and innovative business ideas whilst being mentored by business professionals. The challenge requires students to develop a new, innovative product/idea or service associated with the 3P (People, Planet, Profit). The teams are required to develop their ideas into a viable business case, submitting a LEAN CANVAS for judging.