On 13 April 2024, School of Business (MSB)of Macau University of Science and Technology successfully held the first Business Innovation Competition focusing on Artificial Intelligence (AI). After an exciting award ceremony, the competition came to a successful conclusion. With innovation leadership and AI empowerment as its central theme, the competition aimed to cultivate students' innovative thinking and business practices, providing them a platform to showcase their talents. 

The competition was organized by MSB, with the support of MSB Student Association (MUSTMSBSA). It attracted active participation from all students of Macau University of Science and Technology. Each stage received significant attention and anticipation, from registration to team formation and from the preliminary round to the final roadshow. Teams signed up and formed groups, each consisting of 3-5 students, with professors from MSB serving as mentors to guide them in their projects.

During the preliminary round, 50 teams submitted well-planned project proposals, providing detailed descriptions of problem backgrounds, market demands, target customers and their demands, proposed solutions, and resource analysis and project profitability evaluations. A panel of judges rigorously evaluated all the submissions. In the end, after a comprehensive assessment based on various criteria, 20 projects stood out and successfully entered the final roadshow.

The final roadshow was the focus of the entire competition, where participating teams vividly showcased their project outcomes and business values through PowerPoint presentations and live speeches. Each team went through iterative deduction and improvement, presenting impressive results and demonstrating their exceptional abilities in innovative thinking, business practices, and project management. After intense competition, the competition awarded two first prizes, four-second prizes, six third prizes, and eight honorable mention awards.

During the award ceremony, Prof. Sheng Ni (Dean of MSB), Prof. Tang Huajun (Assistant Dean of MSB), Prof. Zhang Jinghua (Assistant Dean of MSB), Prof. Chang Po Chien (Head of Department of Management, MSB), Associate Prof. Lin Yongjia (Head of Department of Accounting and Finance, MSB), and Associate Prof. Li Xin (Head of Department of Decision Sciences, MSB) presented the winning teams with certificates, prizes, and trophies. In conclusion, Assistant Dean Tang Huajun congratulated all the winning teams, appreciating their demonstrated talent and creativity. Special thanks were extended to the organizing unit of the competition, MUSTMSBSA (Macau University of Science and Technology, School of Business, Student Association), for their professional and efficient organizational arrangements throughout the competition, as well as the judges for their professional evaluation of the submissions and valuable feedback.

The successful organization of MSB's first Business Innovation Competition provided students with a new platform, inspiring their innovation consciousness and entrepreneurial enthusiasm. MSB will continue to offer more opportunities and platforms to cultivate outstanding business talents and promote the development of the school and the university.

Dean Sheng (First from right) presented the first prize certificate and award to the 'Innovators Alliance team '

Dean Sheng (First from right) presented the first prize certificate and award to the 'Team Exceptional'

Group Photo