Aib build a bank challenge business plan

We had to come up with a theme, We picked Superheroes. We met up with Maire, who is in charge of the running of the parade, a few weeks beforehand, and some of us headed for the Agricultural show shed every Saturday after that to get a float ready for the parade.

Write your business plan.

The Build a Bank competition allows students to set up a bank within their school, for pupils within the school. People loved the fact that we were dressed up in Superheroes, which the children also found fun.

With all of our hard work, we were very confident going to the regionals the next Monday. The team is then involved in every aspect of the branding, management and business planning of their bank and must also find creative ways to market their bank, within the school, to encourage new student customers to join.

Clarin College had never had a bank that managed to get to the regional finals of the AIB build a bank challenge and we are proud that Super Bank has been the first. Then Derval came back to us in January, to tell us our positions in the bank.

We also had to find a room that we could set up in at lunch, music, the layout of the room, etc. We pride ourselves on our ability to meet tight deadlines while providing clear and concise visual communication.

Identify potential pitfalls before they happen. We have all learned so much throughout the build a bank challenge and hope that the next TYs will manage to get to the Regional Finals and hopefully the Nationals. SMART aims and ideas for future projects that we could organize to attract customers.

Get in touch with our Events Department: The students get involved in everything from developing a Business Plan, branding their Bank and engaging with the community to sourcing new customers through creative marketing campaigns.

AIB Build-a-Bank Challenge Explained

You may need to share your business plan with potential investors, grant providers and business partners. The panel of AIB judges ask students to present their experience of running their school bank as a team and to highlight the successes and challenges they faced throughout the competition.

The day before the parade, our plans were crushed when the person who was supposed to drive us through the parade canceled at the last minute. Super Bank has 6 members.

Its aim is to open a bank within the school and encourage students to open bank accounts through AIB.

There is a team of six students selected to set up and manage a bank in their school with the full support of a dedicated AIB Student Officer. The regional finals take place in February and March Outline operational requirements including premises, equipment, staff, suppliers, licensing, etc.

Things to think about when writing your business plan. Our first opening Our first opening had to be planned perfectly, as this would turn out to be a good starting point to get customers. Over the course of the competition students are faced with a number of challenges, including organising a business plan, seeking sponsorship from businesses, designing a theme and being involved in the local community.

A Business Plan is a written document that describes a business, its objectives, strategies, the market it operates in and realistic financial forecasts. We filled up the bus that was taking us to the Radisson Blu in Athlone, leaving barely enough room for us to sit down.

Regionals in Athlone On top of all the events we organized, we had to get an exhibition, a power point presentation, two different speeches, props and decorations, pictures, costumes, posters, leaflets and different things to show off what we had done, ready to show the judges that we were ready to win.

Many students showed up and opened accounts, with the first years getting goody bags if they did. This work involves the high profile and flawless launch of new products.

Super Bank, our journey to the Regional Finals Introduction When AIB Athenry first came in to talk to us about the build-a-bank challenge, none of us had heard of this competition before.

A Critical Document A business plan has many important uses from proving the viability of your business, to securing funding and measuring success.The AIB Build a Bank Challenge The team is then involved in every aspect of the branding, management and business planning of their bank and must also find creative ways to market their bank, within the school, to encourage new student customers to join.

Apr 21,  · AIB Build-a-Bank Challenge Explained We are the Rice College entry for the /16 AIB Build a Bank challenge. sees the AIB Build a Bank Challenge entering its 15 th year and since its launch inthousands of students have participated in the programme with over schools registered last year.

The AIB Build A Bank Challenge sees a team of six selected students setting up and managing a bank in their schools with the full support of a dedicated AIB Student Officer. The students get involved in everything from developing a business plan, branding their school bank and engaging with their community and customers through creative.

Jan 08,  · Just do up a sh!tty business plan and show that you have lost billions and when your project is almost completely ruined just ask the government for a bail out. AIB Build A Bank Challenge offers students in Transition Year & Fifth Year an opportunity to showcase their creativity, innovation and entrepreneurship.

Students will also get the chance to give back to their school and community and learn new skills that will stand to them for life.

AIB Build a Bank Challenge

AIB and AIB Group are registered business names of. Super Bank, our journey to the Regional Finals. Introduction When AIB Athenry first came in to talk to us about the build-a-bank challenge, none of us had heard of this competition before.

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Aib build a bank challenge business plan
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