The rain-lovers and their umbrella vending machine:
(From left): Li Yan, Yong Chien, Samuel, and Candy.
Attractive limited-edition umbrella designs enhance the popularity of the umbrellas and make them a collector's item too.
The Final-5 Entrepreneurship Competition, organised by the Temasek Polytechnic Entrepreneurship Centre,
aims to encourage business mindedness, creativity, and a spirit of innovation and enterprise among TP students.
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Final-5 Entrepreneurship Competition 2008
Have you ever been stranded due to heavy rain, but can't find a shop that sells an umbrella?
Four students from the Diploma in Electronics have devised a business plan to sell umbrellas and rain-coats using vending machines that can be placed at strategic locations.
Taking the cue from Tokyo, where almost anything from cosmetics and cigarettes to condoms and candy are sold from vending machines, the students proposed setting up their vending machines at MRT stations, parks and the National Stadium, where the public are likely to be caught without an umbrella or rain-coat when it rains.
The business idea won a Silver award and $300 cash at the annual Final-5 Entrepreneurship Competition.
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The rain-lovers and their umbrella vending machine: (From left): Li Yan, Yong Chien, Samuel, and Candy. |
Attractive limited-edition umbrella designs enhance the popularity of the umbrellas and make them a collector's item too. |
| Student | Former Sec School |
|---|---|
| Lee Li Yan | Siglap Sec |
| Liow Yong Chien | ITE |
| Soo Quan Hao Samuel | St Andrew's Sec |
| Ong Li Ting Candy | Serangoon Garden Sec |
Students from Temasek Engineering School's Diploma in Business Process & Systems Engineering won the Gold medal in the annual "Final-5 Entrepreneurship Competition, held on 24 Apr 2007.
Their business idea, entitled "Soap Palace", involves setting up a customised soap manufacturing and sales outlet, which designs and produces creative soap cakes to cater to the personalised tastes of today's demanding consumers.
Explaining the lucrative potential of such a soap business, team coach, Ms Goh Teck Pek said: "It's not a very sexy idea, but then, which one of us doesn't use soap?"
The soap people: (Clockwise from left):
Ms Goh Teck Pek, Jit Hao, William
and Murniati.The Champions:
Supervisor: Ms Goh Teck Pek
Student Former Sec School
Murniati Bte Mohd Khalid Damai Sec
Njiauw Qiu Ting Nurdin Chung Cheng High (Main)
Neo Jit Hao Holy Innocent's High
William Tan Gui Yong Manjusri Sec
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