Translartion. Region: Russians Fedetion –
Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –
The Polytechnic University has opened registration for the fifth youth competition of entrepreneurial and business ideas, The Blue Ocean Open Polytech Entrepreneurship Competition — 2025. The event is aimed at developing strategies for creating markets free from competition.
Blue Ocean Strategy was developed in the early 2000s by INSEAD business school professors Chan Kim and Renee Mauborgne. Contestants study six basic analytical tools of Blue Ocean Strategy in a special platform, apply them to solve a practical case and develop an entrepreneurial idea.
Since 2020, the event has been gathering students from different countries who want to understand how to create a product based on the concept of value innovation, when the consumer gets new value and the manufacturer reduces costs.
During the competition, more than 850 representatives from Russia and foreign countries took part in it. These are teams of 1 to 4 people, consisting of university students and postgraduates, as well as college students and high school students.
The organizers are the Foundation for the Support and Development of Innovations “Polytech”, the Higher School of Industrial Management of the Institute of Industrial Management, Economics and Trade of SPbPU, the Higher School of Technological Entrepreneurship of the Advanced Engineering School “Digital Engineering” of SPbPU.
The competition is held remotely and includes the following stages:
registration — team formation from February 1 to 28; study of the basics of the Blue Ocean strategy — solving a practical case from March 1 to 31, summing up the results is planned from April 1 to 7 with further announcement of the results of the second stage on April 8; development of a Blue Ocean strategy for a startup, entrepreneurial idea or idea generation from scratch by April 20, summing up the results will take place from April 21 to 28, announcement of the competition results is planned for April 29.
This year, the case for the second stage was proposed by the company “Profilans IT”. Participants need to propose IT projects for the development and training of students. The company is ready to assist the best authors who present real and marketable projects in their implementation. The results of the competition will be shown in the format of a video presentation.
The award ceremony will take place in May. All teams that pass three stages of the competition will receive certificates of participation. Winners and prize winners will be awarded diplomas and additional points for admission to the Polytechnic University’s master’s program in the IPMEiT areas without exams based on winning the portfolio competition: 60 points will be awarded to winners, 40 points to prize winners.
The prize fund of the competition is 160,000 rubles. The general partner (Profilans IT) provided 140,000 rubles.
For first place the team will receive 60,000 rubles, for second place – 40,000 rubles, for third place – 20,000 rubles.
The prize for the most technologically advanced project is 20,000 rubles.
A special prize “To the captain of the winning team” (20,000 rubles) was provided by the competition partner, General Director of PSS LLC Pavel Balobanov.
Registration can be done on the portal Leader Idand in social networks “Vkontakte”.
Contacts
The chairman of the jury is associate professor of the Higher School of Industrial Management Anastasiy Klimin, Klimin_ai@spbsta.ru.
Manager – student of the bachelor’s program “Marketing” of the Higher School of Industrial Management, winner of the competition for the 2021-2022 academic year Kristina Shabalina, Shabalin2.Koy@ed.Sspbstst.ru.
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