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Friday, 27 December 2013 13:28

Chernihiv State Institute of Economics and Management announces the second students competition of projects “Business initiative” between the students of institute of higher education of CSIEM

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Chernihiv State Institute of Economics and Management announces the second students competition of projects “Business initiative” between the students of institute of higher education of CSIEM for the purpose to attract the students to the enterprising activity in a way of supporting their enterprising initiative.


The students of diurnal and extramural courses, postgraduate students, and young scientist under 35 years old take part in the contest. The participants of the contest can make teams quantity up to 5 members.


The participation in the contest is free.


The competition is held in the open form in 3 stages.

The first stage is an informational-organizational stage will be up to 30 of December, 2013. : Informing of the students about the competition, including: the arrangement of the information on the official website http://www.geci.cn.ua/. To take part in the contest student should registered his announcement papers in the determined form and send it in the electronic form to the contest site or give it to the Organizing Committee. The confirmation about registration in the contest is send to the students on the email (indicating his registration number) although this procedure is not necessary. You can go to the Organizing Committee with your ready-made business project. The second stage dedicated to the development of the business projects. It will be held from 07 January to 31 March, 2014. The participants of the contest represent to the organizers their business projects, made accordingly to the requirements, which mentioned in the Section number 12 of the Regulations of the Contest. The enrolment of the business projects is carry out on electronic form on the website of the competition, with mark "The second competition of business projects "Business Initiative". After the deadline the completion works will not be accepted, as an exception only the Organizing Committee can accept the work. After the deadline the Expert Council examines and values the business projects of participants of the competition according to the established criterions, marks points according to the method of estimating points and the amount of points determines the winners of the competition. In case of equal number of points the winner will be the one who was the first who registered himself in the contest (by date of registration of the application form). On the third stage will be the presentation of the best business projects, selection of the winners and the rewarding of the winners and summing up the conclusions.

For the Expert Council the most important things during the evaluation of the projects will be:

1. Completeness, necessary and adequate to the problem, the degree of detailing, and sufficient of the data;-
2. Novelty and originality of the project idea, the exactness of the task of the business plan, the logic of the presentation and grounds and the quality of financial and economic calculations;
3. Obviousness, quality and adequacy of the financial data plan (calculation tables, graphs, diagrams);
4. The validity of the risk assessment and financial sustainability of the project , the completeness of the description of the methods and approaches.
5. The payback period and economic effectiveness of the project;
6. Investors and investments planned structure;
7. Potential of increasing the job places, the prospects of the development of the range products, goods or services;
8. The importance of the project pretenders.


The business projects and an application forms present to Chernihiv State Institute of Economics and Management. The address is Chernihiv, Striletska Street 1, room number 214, tel. (093) 317-04-03, email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it up to 31 of March 2014 year.

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About us

Корпус 1

Chernigiv State Institute of Economics and Management was created with the order of the Cabinet of Ministers of Ukraine dated September 19, 1994 №641.

Ліцензія Міністерства освіти і науки України серія АГ № 582542 (рішення ДАК від 28 вересня 2011 року, протокол № 90)

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  • Address: 14034 м. Чернігів, вул. Стрелецька, 1
  • Phone: (046-22) 532 78
  • Admission: (0462) 679-308
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