3D animation studio wins annual Hatch Business Plan Competition
8-Bit 3D will receive $20,000 in seed funding after winning first place in NAIT’s fourth annual Hatch Business Plan Competition.
The animation studio’s four members, graduates of NAIT’s Digital Media and Information Technology program, are also eligible for one year of business incubation space with novaNAIT – NAIT’s home of applied research and enterprise development.
“The Hatch Business Plan Competition celebrates the ingenuity of our students and graduates, while epitomizing the hands-on, technology-based education that makes NAIT so essential to the current and emerging needs of Alberta,” said Dr. David Carpenter, NAIT’s associate vice president of academic and applied research. “Congratulations to everyone who entered this year’s competition, and in particular the winner, 8-Bit 3D.”
Hatch is a NAIT business plan competition for budding entrepreneurs to “hatch” their idea into a viable business. The competition is open to ideas with a technology, science or knowledge-based focus. Four teams of current and former students pitched their ideas to a panel of judges last month. The winner was announced at today at NAIT.
8-Bit 3D offers services including animations, 3D models, visual effects for film, film editing, post-production film services and motion graphics.
The competition is run by novaNAIT in association with Alberta Innovates Technology Futures and ENACTUS NAIT. The $20,000 in seed money is to be used for expenses directly related to implementing the business plan and services from novaNAIT’s Duncan-McNeill Centre for Innovation.
The latest competition was open to full-time students, between 18 and 35 years of age, in their last year of study at NAIT and to graduates of NAIT from the 2011-12 academic year.
Downloadable photos to accompany this story has been posted to NAIT's Flickr account.
NAIT is one of Canada’s leading polytechnics, with almost 80,000 registrations worldwide in key areas including science, technology and the environment, business, health and trades. Known for real-world education and student success, NAIT also engages with business and industry in applied research and innovation and provides corporate training around the world. NAIT enrolled its first students - 29 communication electrician apprentices - in 1962 and this year celebrates its 50th anniversary.
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