The pandemic has had a large impact on small businesses and their owners. Many have shut down, some have pivoted and others are struggling to survive. We want to hear your thoughts and ideas on how small businesses can survive and innovate.
Please answer the following questions:
1a) Pick one industry (retail, manufacturing, fitness, restaurants, etc.) and tell us how they can innovate and adapt to the new normal.
1b) What unique business model can this industry adopt?
2) How can technology help small businesses grow? Extra credit for a new and innovative product/service idea!
3) How can large corporations help small businesses in their industry? E.g. mentorship and incubation programs.
Submissions will be graded on the following criteria:
- Meets Deliverables
- Creativity
- Clarity
Awards:- $800
Deadline:- 17-05-2021
