 |
Each team may submit only one business plan
to the competition.
|
 |
ONE team of semi-finalist
will be chosen from EACH institution by their faculties.
|
 |
The competition is for
NEW, independent ventures in the start-up or early stage. Generally
excluded are the following: acquisitions, expansions of existing companies, tax
shelters and franchises.
|
 |
The competition is
primarily for student-created, managed and owned ventures. In other words,
students may play a major role in conceiving the venture, to have key management
roles and to own significant equity.
|
 |
The business plan must be
the original work of members of the team and must not be published or have
received award from any other event or competition.
|
 |
The team should be supervised by a faculty
member.
|
 |
The organizer reserves the
right to change the rule of the competition.
|