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Deloitte creates student challenge on 2012 Games

UK-wide search for a winning idea and top student opens today

Deloitte, the business advisory firm, has launched a competition to engage students at universities across the UK with the London 2012 Olympic Games and Paralympic Games.

The Deloitte Business Competition will help students to understand the business challenges of the 2012 Games and to put forward their own ideas on how to solve them. The competition is based on real-life business issues which Deloitte is helping the London Organising Committee to tackle.

As the Official Professional Services Provider to London 2012, Deloitte has developed the competition with the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG). The aim is to connect the next-generation of business minds to this once-in-a-lifetime event on home soil.

Students are being challenged about how to create a positive experience for different groups at Games time. This could be for athletes and officials, the media, local residents, spectators, sponsors, or the Games workforce.

Students who enter, setting out their ideas in 2,012 words, are competing for the prize of a trip to the Singapore 2010 Youth Olympic Games and two weeks of paid work experience in the London 2012 sponsorship team at Deloitte. The judges will be looking for creative, entrepreneurial and constructive ideas that can genuinely influence the delivery of the Games.

“Part of London’s bid to become host city was that London’s Games would be for the ‘youth of the world’. Deloitte is playing a leading role in realising this ambition through the Deloitte Business Competition – taking the power of London 2012 into universities to promote business awareness, innovation skills and entrepreneurial thinking,” commented Heather Hancock, Deloitte’s Lead Partner for London 2012.

Successful entries will be selected in five regional heats. Finalists will travel to London next spring to go on a tour of the Olympic Park and be assessed on their response to a final competition challenge, by a panel of judges led by Lord Coe.

Seb Coe, Chair of LOCOG said: “When Deloitte first became a sponsor of the London Games, I commented on how passionately they shared LOCOG’s values and vision for London 2012, and how their commitment to those values goes beyond their relationship with the Organising Committee. The Deloitte Business Competition reinforces this, offering students across the UK a fantastic chance to see what is involved in organising an event of this scale.”

The Deloitte Business Competition opened on Monday 5 October to all undergraduates and postgraduates at UK universities and is accessible to all degree disciplines. It will close to entries Tuesday 1 December at 12:00pm.

Deloitte is well-placed to launch the competition as it recruits around 1,000 high performing graduates into the firm each year. Entering the competition will give students first-hand experience of the type of role sponsors like Deloitte are playing in helping the organisers to deliver London 2012.

For more information, visit www.deloitte.co.uk/businesscompetition

Ends

About Deloitte

In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms. Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk/about for a detailed description of the legal structure of DTT and its member firms. The information contained in this press release is correct at the time of going to press.

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