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YDC Entrepreneurs' Challenge 2009
"Showcasing Hong Kong's Entrepreneurial Talents"
Introduction
Background
The Young Entrepreneurs Development Council Entrepreneurs' Challenge (YDC E-Challenge), a business plan competition open to all full-time tertiary students in Hong Kong universities and other tertiary institutions, has been annually organized by YDC in collaboration with Stanford University since 2000. Following the success in the past nine years, YDC is proud to present YDC E-Challenge 2009.
The competition is designed to provide students with exposure to the entrepreneurial community. It helps students to develop the skills required to facilitate an entrepreneurial spirit and mindset.
YDC organizes this business plan competition as part of its continuous efforts to generate the best way to put Hong Kong's talents and skills into our innovation and knowledge based society. Full-time tertiary students at all levels are invited to put their new business ideas to the test. Finalists can have the opportunity to present those business ideas to a judging panel comprised of seasoned entrepreneurs, venture capitalists and other professionals. Commencing for E-Challenge 2009, the final round will be conducted in 'Open Judging' format providing a chance for the final teams to present their business ideas in front of a public audience. The winning teams may have a chance representing Hong Kong to join other regional or global business plan competitions, such as Startup@Singapore and "The University Business Plan Proposal of China". Details will be announced in due course.
Prizes
| Grand Prize |
HK$30,000 |
| 1st Runner Up |
HK$20,000 |
| 2nd Runner Up |
HK$15,000 |
Provisional Competition Schedule
| Phase I - Preliminary Round |
February |
Briefings to be held at universities in Hong Kong |
27th February (Fri) |
Deadline for Pre-registration |
7th March (Sat) |
Workshop I |
14th March (Sat) |
Workshop II |
24th March (Tue) |
Deadline for submission of Executive Summary
(no more than three pages) |
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| Phase II - Semi-final Round |
28th March (Sat) |
Workshop III |
8th April (Wed) |
Email announcement of semi-finalist teams |
27th April (Mon) |
Deadline for submission of Investment Proposition Teaser (no more than five pages) and DVD of 5-minute Presentation |
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| Phase III - Final Round |
11th May (Mon) |
Announcement of finalist teams |
May – Mid June |
Mentorship program for finalists |
16th May (Sat) |
Workshop IV |
5th June (Fri) |
Deadline for submission of business plans
(no more than 30 pages of text, graphics and appendices) |
13th June (Sat) |
'Open Judging' Day - Presentation to Final Judging Panel |
18th June (Thu) |
Press Conference to announce winning teams |
Introductory briefings will be held by YDC at all the universities in Hong Kong & IVE in February 2009. Students interested to participate in this competition are welcomed to attend. The briefing schedule will be announced soon while seat reservation can be done via Briefing Registration.
Find Team Members Online can help the students who are looking for team members and/or projects to participate by posting messages on the page. Students can find useful resources on developing a business plan in the Resources column.
Workshops are key components of YDC E-Challenge 2009. The workshops are scheduled to correlate with milestones in the competition process. Students who would like to attend are required to complete the Online Pre-registration process. The deadline will be on 27th February 2009. For details, please refer to Guidelines.
We highly recommend all participants to join the workshops. Participants will find it interactive and be able to have their questions answered by experts in their fields. These workshops will be useful both in preparation for YDC E-Challenge 2009 and exposing participants to entrepreneurial experiences. Details and registration method of the workshops will be announced via email to students who successfully complete the Online Pre-registration process. All competition registrants are welcomed.
To help finalists prepare their final business proposal for judging, YDC with the effort of our supporting partners of recruited seasoned entrepreneurs to act as mentors and advise the final teams on their specific business ideas. First mentorship meeting between teams and their mentors will be arranged by YDC. Finalist teams are required to present their business ideas and the blueprint of the business plan to the mentors during the meeting. To know more about Mentorship Program, please visit Words of Mentor.
For the details about competition and registration, please refer to the Guidelines.
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