Competition Format

Phase I - Preliminary Round

1. Competition Online Registration

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   An application number is assigned to each registered team for identification purposes. This number is used for the online submission of competition entries.

2. Workshop

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   Workshop 1 - "What do you need to be the next"

3. Executive Summary Submission

   	-	Each team submits a business plan executive summary (not more than 1000 words, via the online submission system).
   	-	36 teams will be selected to enter the semi-final round.

Phase II - Semi-final Round

1. Workshops

   	-	Workshop 2 - "Inside the mind of a successful entrepreneur"
   	-	Workshop 3 - "Business Plans that sell"

2. Business Plan Submission

   	-	Each semi-finalist team submits a business plan (not more than 5 A4 pages, including appendices, charts and graphs etc., via the online system).
   	-	Each semi finalist team submits a one-minute video to be voted online by the public in the "Best Visual Presentation" competition*.
   	-	8 finalist teams will be selected to progress to the final round.

Phase III - Final Round

1. Mentoring Program

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   Each finalist team is paired with a seasoned entrepreneur or industry practitioner mentor, who will council, support and advise

2. Workshop

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   Workshop 4 - "Passion and the Entrepreneur"

3. Final Submission & Presentation

   	-	Each finalist team submits a full business plan (not more than 30 A4 pages, including appendices, charts and graphs etc., via the online system).
   	-	Finalist teams will present their proposed venture to a panel of judges. Each team is given 15 minutes to present and 15 minutes for a Q & A session with the judges.

4. Networking Events

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   A platform for professionals of relevant industry to get together and share experiences/ insights of their industries with the participants, as well as an opportunity for the participants to meet up and learn from the professionals.

5. Award Presentation Ceremony

   	-	8 finalist team projects showcase.
   	-	The top 3 teams will be announced. Winners are invited on stage to present their project as well as accept their awards.
   	-	The winners of "Best Visual Presentation" will also be announced with the winning videos introduced during the prize ceremony.

* The "Best Visual Presentation" is an independent competition. The award is not a guarantee of progression into the final round.