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Phases of the competition l Official rules & regulations l Appendix

PHASES OF THE COMPETITION

A. Application (Online Submission)

Online application opens by 9.00 hrs. (Bangkok Time) on Wednesday, October 19, 2016. All teams must complete an online application form at http://bbc.sasin.edu by 23.59 hrs. (Bangkok time) on Tuesday, November 22, 2016

B. First Round (Online Submission)
  1. Each team is required to complete the Summary Business Plan at http://bbc.sasin.edu by 23.59 hrs. (Bangkok time) on Tuesday, November 22, 2016. Late submission will not be accepted. You may modify your submission until this deadline.
  2. A web link (URL) to the team’s Video Pitch of no longer than 60 seconds in duration that has been uploaded to YouTube (if the video is specified as “private”, the team must provide access to the competition organizers) is to be submitted together with the Summary Business Plan. Although this is optional, it is for your advantage to be able to provide a verbal and visual impression for judges' consideration.  

    i. The top 15 teams will be invited to proceed to the Semi-Final Round and other associated events in Bangkok, Thailand.
    ii. In addition to the above, top 6 teams representing an academic institution based in Thailand will be invited to proceed to the Thailand Track of the competition and all other associated events in Bangkok, Thailand. The winner of the Thailand Track shall join the other 15 teams in the Semi-Final Round.

C. Thailand Track Round (Bangkok, Thailand): Morning session of Thursday, February 16, 2017.

  1. 1 soft file in PDF format of the full Written Business Plan are due at bbc@sasin.eduby 23.59 hrs. (Bangkok time) on Monday, January 30, 2017. Late submissions will not be accepted
  2. Teams that qualify for the Semi-Final Round are required to present their business plans to a panel of judges
  3. Teams also receive oral & written feedbacks from the panel of judges

D. SAA Network Coaching Round (Bangkok, Thailand): Afternoon session of Thursday, February 16, 2017.

  1. A pre-competition round to allow each Semi-Finalist team to practice their Formal Presentations and receive feedbacks, as well as to familiarize themselves with the exact venue and equipment to be used in the following day’s Semi-Final Round.
  2. Teams will receive oral & written feedbacks from experienced panels of entrepreneurs, investors and business professionals of the Sasin Alumni Association Network (SAA Network)
  3. Awards to recognize exemplary teams will be given during the welcoming event that evening, but the scores will not be included in the business plan competition.

E. 99-Second Pitch (Bangkok, Thailand): Thursday, February 16, 2017 (17.00 – 19.00 hrs.)

  1. A “teaser” event held during the welcoming event on Thursday, February 16, 2017.
  2. One representative from each Semi-final Round and Thailand Track team will present its new venture idea in front of a panel of judges in 99 seconds or less without any visual aids or props of any kind.
  3. Winner will be announced, and prize awarded, at the event, but the scores will not be included in the business plan competition.

F. Semi-Final Round (Bangkok, Thailand): Morning session of Friday, February 17, 2017.

  1. 1 soft file in PDF format of the full Written Business Plan are due at bbc@sasin.edu by 23.59 hrs. (Bangkok time) on Monday, January 30, 2017. Late submissions will not be accepted.
  2. The 16 Semi-Finalist teams will be randomly selected to compete in one of the four groups, after which the winning team from each group will immediately proceed to the Final Round (whilst the 12 remaining teams will compete in the Play-off Round for an additional opportunity to qualify for the Final Round).
  3. Teams that qualify for the Semi-Final Round are required to present their business plans to a panel of judges.
  4. Teams also receive oral & written feedbacks from the panel of judges.

G. Play-off Round (Bangkok, Thailand): Afternoon session of Friday, February 17, 2017.

  1. The 12 teams that have not immediately proceeded to the Final Round will be randomly selected to compete in one of the two groups of the Play-off Round. The winning team from each group will proceed to the Final Round.
  2. Teams competing in the Play-off Round are required to present their business plans to a panel of judges.
  3. Teams also receive written feedback from the panel of judges.

H. Sustainability Award Round (Bangkok, Thailand): Afternoon session of Friday, February 17, 2017.

  1. The 2 teams selected by the Sustainability Awards Committee will compete in the Sustainability Award Round
  2. Teams competing in the Sustainability Award Round are required to present their business plans to a panel of judges.
  3. Teams also receive written feedback from the panel of judges.

I. Final Round (Bangkok, Thailand): Morning session of Saturday, February 18, 2017.

  1. Each team of the six that qualifies for the Final Round is required to present its business plan to a panel of judges.
  2. Teams also receive written feedback from the panel of judges

J. Houston Technology Center Asia Innovation Award (Bangkok, Thailand)

    The award will be given to the team that best encompass Disruptive Potential; Intellectual Property; Commercialization and Management Capability criteria.
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OFFICIAL RULES & REGULATIONS

Teams that do not conform to all the stated rules & regulations will be penalized.

I. General Rules & Regulations
  1. The proposed venture must be for a seed or start-up independent business that is seeking to raise external capital and must address the entire business concept including implementation. Ventures that have generated revenue or raised external capital prior to the current academic year are NOT eligible. Proposals for buy-out, expansion or development of an existing business, tax-shelter opportunities, real estate syndications, subsidiaries, franchisee and other consulting projects or analyses are NOT eligible. A venture that does not conform to this rule will be IMMEDIATELY DISQUALIFIED.
  2. The minimum venture size, in terms of funding requirements, must be 500,000 US Dollars. Methods of financing may be combined among self equity, angel/venture capital and borrowing. A venture that does not conform to this rule will have 10 marks deducted from the total score of 100 marks.
  3. All currencies used throughout the competition must be in US Dollars only
  4. In all cases, the judges' decision is final.

II. Team Eligibility

  1. Team Members
    • All full-time and part-time post-graduate students in any post-graduate programs enrolled in the 2016 calendar year are eligible to participate.
  2. Team Composition
    • Each faculty/school/institute may send one team or more, each consisting of a minimum of TWO members and a maximum of FIVE members.
    • The majority of the team must be enrolled post-graduate students from the same faculty/school/institute that the team represents. We also allow ONE non-student member to be in the team – this may be a researcher, an inventor, an alumnus, etc.
    • The following combinations are possible:
      • Team of TWO:
        • all TWO members must be enrolled post-graduate students from the same faculty/school/institute.
      • Team of THREE:
        • all THREE members are enrolled post-graduate students from the same faculty/school/institute;
        • TWO enrolled post-graduate students from the same faculty/school/institute + ONE enrolled post-graduate student external to their faculty/school/institute;
        • TWO enrolled post-graduate students from the same faculty/school/institute + ONE non-student
      • Team of FOUR:
        • all FOUR members are enrolled post-graduate students from the same faculty/school/institute;
        • THREE enrolled post-graduate students from the same faculty/school/institute + ONE enrolled post-graduate student external to their faculty/school/institute;
        • THREE enrolled post-graduate students from the same faculty/school/institute + ONE non-student
      • Team of FIVE:
        • all FIVE members are enrolled post-graduate students from the same faculty/school/institute;
        • FOUR enrolled post-graduate students from the same faculty/school/institute + ONE post-graduate student member external to their faculty/school/institute;
        • FOUR enrolled post-graduate students from the same faculty/school/institute + ONE non-student member;
        • THREE enrolled post-graduate students from the same faculty/school/institute + TWO post-graduate student members external to their faculty/school/institute;
        • THREE enrolled post-graduate students from the same faculty/school/institute + ONE post-graduate student member external to their faculty/school/institute + ONE non-student member
    • The mai Bangkok Business Challenge® @ Sasin 2017 organizing committee encourages teams to identify individuals, external to their programs to be part of the Board of Directors, management team or to be advisors who may contribute additional expertise and experience to help the venture succeed.

III. Summary Business Plan

The First Round Summary Business Plan must be submitted through the online form (Example of Summary Business Plan Form) uses content and word limit as shown below;

  1. Venture name
  2. 60-Second Video Pitch [URL link to your YouTube video]
  3. Purpose of the Business Plan (i.e. how much external funding is being sought and how much equity is being offered) [Maximum 50 words]
  4. Description of the new product/service and its intended benefits (including proof of concept and intellectual property protection, if any) [Maximum 150 words]
  5. Potential market for the new product/service and chosen strategy to access this market [Maximum 150 words]
  6. Plan for production / delivery of product or services and resources required [Maximum 150 words]
  7. Relevant qualifications and experience of the management team and other individuals associated with the venture, if relevant [Maximum 150 words]
  8. Summary of sales and profit projections, and other pertinent financial data (including, but not limited to, the venture’s Net Present Value) necessary for an investor to make an informed decision.[Maximum 100 words - tables and charts may be included in the appendix].
  9. Statements of how the venture has holistically internalized sustainability principles both strategically and in practice. (Note: Sustainability is defined by many as the balance of environmental, social, and economic concerns to ensure that the needs of future generations are not compromised, and implicitly includes Corporate Responsibility and Business Ethics ideals to ensure positive impact for all stakeholders.) [Maximum 200 words]
  10. Appendix [Maximum 3 pages of A4 size - Tables, Charts, Diagrams, Graphics, and Pictures only (no prose permitted)to be submitted as PDF file.

All currencies must be stated in US dollar;
2 marks will be deducted from the total score of 100 marks for each violation of each of the rules and limits stated above

IV. Written Business Plan

  1. The business plan and appendices must not exceed 20 pages (including cover page, executive summary, appendices, spreadsheets, illustrations, page breaks, etc.).
  2. The main portion of the written business plan must not exceed 12 pages of text and graphics (excluding cover page, executive summary, contents page, and appendices). Detailed spreadsheets and other supporting data/documents should be in the appendices.
  3. The written business plan must be typed, with 1.5 line spacing and use size 12 font.
  4. All currencies must be stated in US dollar.
  5. 2 marks will be deducted from the total score of 100 marks for each violation of each of the rules above.

V. Presentation

  1. Formal presentation is required by every team in the Thailand Track, Semi-Final, Play-off and Final Rounds.
  2. Every member of the team must participate in the formal oral presentation of the plan. A team which does not conform to this rule will have 10 marks deducted from the total score of 100 marks.
  3. Presentation format for the Thailand Track Round: each team is required to make a 10-minute presentation, followed by a 20-minute question-and-answer session with the judges.
  4. Presentation format for the Semi-Final Round: each team is required to make a 10-minute presentation, followed by a 20-minute question-and-answer session with the judges.
  5. Presentation format for the Play-off Round: each team is required to make a presentation within thirty minutes, during which judges may ask questions at any time after 5 full minutes have passed.
  6. Presentation format for the Sustainability Award Round: each team is required to make a presentation within thirty minutes, during which judges may ask questions at any time after 5 full minutes have passed.
  7. Presentation format for the Final Round: each team is required to make a presentation within thirty minutes, during which judges may ask questions at any time after 5 full minutes have passed.
  8. There will be approximately 5 minutes between each team’s presentations for setting-up computers and audio-visual equipment.
  9. A team that has finished its presentation may observe both the presentation and question-and-answer session of the teams that come after it. Thailand Track and Semi-Final Round teams that have not given their presentations may observe only the presentation segments of teams before them and must exit the room at the beginning of the question-and-answer sessions. Play-off Sustainability Round and Final Rounds teams that have not given their presentations may not observe presentations of teams before them.
  10. TIME LIMITS WILL BE STRICTLY ENFORCED.

VI. Venture Exhibit

  1. A Venture Exhibit is required of every team in the Thailand Track, Semi-Final, Play-off and Final Rounds.
  2. Teams will present their business ideas, products and proposed venture and answer questions to judges, guests, and interested individuals at the Venture Exhibit. The Venture Exhibit will contribute to the judging criteria of the Semi-final, Play-off and Final Rounds (Please see Appendices D and E).
  3. At least one team member will be required to stay by their display, as will be agreed and scheduled with the team, to answer any questions.
  4. The prize of ‘Best Venture Exhibit’ will be awarded to the team with the highest ability to attract potential investors to their venture exhibit space and is most effective in conveying the investment opportunity in a clear, concise, and enthusiastic manner, whilst their venture exhibit best complements the message(s) the team attempts to convey. This category will be evaluated and selected by 15 Semi-Finalist teams besides yours.
  5. The Booth size: W 2 m x L 2 m x H 2.4 m (total of 4 square meters) with details as follows:
    1. 240 cm. height fascia with venture’s name, 1 set
    2. Information table, 1 unit (removable)
    3. Chair, 2 units (removable)
    4. Trash bin, 1 unit (removable)
    5. 5 Amp Power outlet (220 Volts.)

VII. Judging Criteria

The judging criteria will be heavily weighted on the commercial potential of the business and the credibility of the projections and assumptions. Whilst new-to-the-world products or inventions are not necessary, teams should clearly demonstrate their product’s or service’s competitive advantage that may include intellectual property protection issues. Judges look favorably upon high potential, growth-oriented businesses catering to relatively large markets. Teams should refer to the Business Plan Guide in preparing their business plans. The First Round evaluation will be 100% based on the Summary Business Plan. The Thailand Track and Semi-Final Round evaluation will be 40% based on the Written Business Plan and 60% based on the Presentation (Formal Presentation, Question and Answer, and Venture Exhibit).The Play-off and Final Rounds evaluation will be 100% based on overall Business Viability as expressed in the Written Business Plan, Formal Presentation, Question & Answer, and Venture Exhibit.

The result of each presentation round will be determined by the sum of judges’ ranking. Should the sums be equal, total raw scores will be used to determine the winner.

The judges’ decisions are deemed as final in all cases.

First Round: Before 23.59 hrs. (Bangkok Time), Tuesday, November 22, 2016, a completed Summary Business Plan and a web link to team’s 60-second Video Pitch is required to be submitted online at http://bbc.sasin.edu/

A single panel of judges will scrutinize all submitted Summary Business Plans and accompanying Video Pitches to select 15 Semi-Finalist teams and 6 Thailand Track teams for their participation in Bangkok. The selected teams will be individually notified via email on Thursday, December 1, 2016. Such teams must confirm their Intention of Participation via return email to bbc@sasin.edu within Tuesday, December 6, 2016, and submit their full Written Business Plan in PDF format to bbc@sasin.edu within   Monday, January 30, 2017, 23.59 hrs. (Bangkok time).

Should any of the 16 selected teams relinquish their right to participate further in the competition (through not confirming their Intention of Participation within the deadline, or otherwise), the organizer reserves the right to invite the next best first round team(s) to fill up the vacancy. A public announcement and draw of the selected teams will be made by Monday, January 23, 2017 If, after this public announcement and draw, any of the 16 Semi-Final Round teams that have already confirmed their Intention of Participation relinquish their right to participate further in the competition (through not submitting their full Written Business Plan within the deadline, or otherwise), the organizer reserves the right to invite the next best First Round team(s) to fill up the vacancy and give such team(s) until Wednesday, January 27, 2016, or at least 5 days from the time such teams are notified, to submit their full Written Business Plan. 

The organizers reserve the right to refuse participation in next year's competition from universities whose teams have confirmed their Intention of Participation but fail to participate further in the competition in Bangkok.

  1. SAA Network Coaching Round: Afternoon session of Thursday, February 16, 2017

    Each panel of experienced investors, entrepreneurs and business professionals of the Sasin Alumni Association Network (SAA Network) shall provide frank verbal and written feedback to the Semi-Finalist teams with regards to their 99-Second Pitches and Formal Presentations. Scores compiled are for the purposes of providing feedback to the teams only and will not be included in the business plan competition.

  2. Thailand Track Round: Morning session of Thursday, February 16, 2017.

    6 best-ranking teams from the First Round that represent institutions based in Thailand and was not selected to enter the Semi-Final Round shall compete in the Thailand Track. The winner of the Thailand Track will immediately proceed to the Semi-Final Round. 
  3. Semi-Final Round: Morning session of Friday, February 16, 2017.

    4 best-ranking teams from the First Round, with no announcement, will be randomly separated into four different groups (A, B, C and D). Thereafter, all remaining teams will be randomly placed to make 4 teams for each group. The winner of each group will immediately proceed to the Final Round.

  4. Play-off Round: Afternoon session of Friday, February 17, 2017.

    With theoretical possibility that some teams may fail to gain popularity from certain panels of judges, the 12 non-winners of the Semi-final Round will be offered a second chance with totally different judges. Teams from Semi-final Round’s Groups A and B will combine into a group of six to compete for a seat in the Final Round. Similar parallel arrangement for Semi-final Round’s Groups C and D will also send a team to join the Final Round.

  5. Sustainability Award Round: Afternoon session of Friday, February 17, 2017. 

    After having reviewed all 16 semi-finalist teams’ written business plans and venture exhibits, and observed the teams’ Semi-final Round presentations, the 2 teams chosen by the Sustainability Award Committee shall compete for H.R.H. Princess Maha Chakri Sirindhorn’s Sustainability Award and Trophy.

  6. Final Round: Morning session of Saturday, February 18, 2017.

    2 Play-off Round winners will join the 4 Semi-Final Round winners for a random sequence of teams’ presentations to compete for H.M. The King of Thailand's Trophy.

  7. Houston Technology Center Asia Innovation Award

    After having reviewed all 16 semi-finalist teams’ written business plans, venture exhibits and observed presentations, the team chosen by the Innovation Award Committee to receive for Houston Technology Center Innovation Award and Trophy.
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APPENDIX

APPENDIX A

First Round

  • Summary Business Plan and 60-second Video Pitch due on November 22, 2016
  • 16 Teams informed of their place in Semi-Final Round on December 2, 2016
  • Intention to participation for the Semi-final Round due on December 6, 2016
  • Press Conference and Semi-final Round Draw on January 25, 2017

Semi-Final Round, Play-off Round & Final Round

  • Full Written Business Plan due on January 30, 2017
  • Presentations on February 16 - 18, 2017
  • Venture Exhibits on February 16 - 18, 2017

 

APPENDIX B

Judging Criteria - 99-Second Pitch

Presentation (100%)

  1. Presented in clear, logical and dynamic manner (40%)
1 2 3 4 5 6 7 8 9 10
Unacceptable Mediocre Satisfactory Good Excellent
  1. Maintained my interest (30%)
1 2 3 4 5 6 7 8 9 10
Unacceptable Mediocre Satisfactory Good Excellent
  1. The opportunity presented is sufficiently intriguing for me to want more information (30%)
1 2 3 4 5 6 7 8 9 10
Unacceptable Mediocre Satisfactory Good Excellent

 

APPENDIX C

Judging Criteria – First Round

A panel of judges would evaluate the Summary Business Plan, supplemented by the Video pitch, on the following aspects, by using the following rating system

Summary Business Plan (100% of Total Score)

CRITERIA JUDGE’S SCORES
Product or Service (15%) 1 2 3 4 5 6 7 8
The venture’s offering is neither unique nor provides value to the customer The venture’s offering is unique and provides some value to the customer but is still in an unproven stage The venture’s offering is unique, fulfils unmet needs of the customer and proof of concept ensured The venture’s offering is unique, fulfils unmet needs of the customer, proof of concept ensured and protected from being copied which gives it a sustainable competitive advantage
Market Opportunity (15%) 1 2 3 4 5 6 7 8
There is a very little or no market need There is a market need, but but unclear strategy to capture the target market There is a market need with strategy in place that may be able to capture some of the target market There is a strong market need with credible strategy in place to be able to fully capture the target market with virtually no competitors
Operations
(15%)
1 2 3 4 5 6 7 8
Plan for acquiring the required resources, production / delivery of product or services is flawed There is a comprehensive plan for acquiring the required resources, production / delivery of product or services, but such plan may not be practical There is a comprehensive and practicable plan for acquiring the required resources, production / delivery of product or services There is a comprehensive and practicable plan for acquiring the required resources, production / delivery of product or services well into the foreseeable future

Management Capability
(15%)
1 2 3 4 5 6 7 8
The team seems unable to develop this venture or handle the associated risks The team consists of some individuals with relevant backgrounds and experience in their respective functions necessary to be able to developing this venture handle the associated risks The team consists of all individuals with relevant backgrounds and experience in their respective functions necessary to be able to developing this venture handle the associated risks The team consists of all individuals, including the idea originator, with relevant backgrounds and experience in their respective functions necessary to be able to comprehensively share responsibility in developing the venture and handling associated risks
Investment Potential
(20%)
1 2 3 4 5 6 7 8
The venture does not seem to be successful and thus unattractive for your investment The venture represents some investment opportunity and you  would consider investing if further developed into a more solid business plan The venture represents a real investment opportunity and you would consider investing The venture represents a real investment opportunity and you would definitely invest
Social, Environment, and Economic Sustainability
(20%)
1 2 3 4 5 6 7 8
The venture meets the needs of the present but clearly compromises the ability of future generations to meet their own needs and has no clear sustainability processes The venture meets the needs of the present arguably without compromising the ability of future generations to meet their own needs through sustainability processes that encompasses some of the venture’s business operations The venture meets the needs of the present without compromising the ability of future generations to meet their own needs through comprehensive sustainability processes that encompasses all of the venture’s business operations The venture meets the needs of the present without compromising the ability of future generations to meet their own needs through cutting-edge/innovative, comprehensive, and measurable sustainability processes that encompasses all of the venture’s business operations

 

APPENDIX D

Judging Criteria – Semi-Final Round

Panels of judges would evaluate the Written Business Plan and presentation (Formal Presentation, Question and Answer and Venture Exhibit) on the following aspects, by using the following rating system:

PART 1:  Written Business Plan (40% of Total Score)

CRITERIA Fails to clearly and effectively describe the points well Describes most of the points but needs more clarification on some important parts Describes all points in an adequate and effective manner Describes all points in a very thorough, clear, effective and convincing manner
Executive Summary (5%)
Clear, exciting and effective as a stand-alone  overview of the plan

1

2

3

4

5

6

7

8

Product or Service (15%)
Description, features & benefits, pricing, current  stage of development, proprietary position & intellectual property protection status

1

2

3

4

5

6

7

8

Organizational Plan/Overview (5%)
Venture purpose, history, genesis of concept, current status, overall strategy and objectives

1

2

3

4

5

6

7

8

Market Analysis & Marketing Plan (12.5%)
Description of market, competitive analysis, needs identification, market acceptance, unique capabilities, sales/promotion strategy

1

2

3

4

5

6

7

8

Operational Plan (12.5%)
Plan for production / delivery of product or services, product cost, margins, operating complexity, resources required

1

2

3

4

5

6

7

8

Management Team (10%)
Identities, experiences, and roles of key personnel (including Board of Directors, management team, technical experts, etc.)

1

2

3

4

5

6

7

8

Financial Plan & Investment Potential (20%)
Ask & Offer, funding requirements, 5-year pro forma financial statements, assumptions, and other pertinent financial data (including, but not limited to, the venture’s NPV)

1

2

3

4

5

6

7

8

Social, Environment, and Economic Sustainability (20%)
Demonstrate the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs through cutting-edge/innovative, comprehensive, and measurable sustainability processes that encompasses all of the venture’s business operations.

1

2

3

4

5

6

7

8

PART 2:  Presentation (60% of Total Score)

Section 2.1: Formal Presentation (45% of Total Presentation Score)

Criteria Judging Criteria
Materials presented
(25%)
1 2 3 4 5 6 7 8
Materials are not logically presented nor clear and concise Materials are logically presented though some parts need to be clearer and more concise Materials are quite clear and logically presented Materials are clear, concise, logically and creatively presented
Relation to examples and practical applications
(25%)
1 2 3 4 5 6 7 8
The team does not relate the needs of the company with examples nor practical applications The team can relate the needs of the company to examples and applications, but needs to be more relevant, meaningful and practical The team has the ability to relate needs of the company with meaningful examples and practical applications The team skillfully relates the needs of the company with meaningful examples and practical applications in a clear and concise manner
Maintaining judges' interest
(25%)
1 2 3 4 5 6 7 8
All team members need to improve their presentation skills to be more interesting and convincing Not all team members can maintain judges' interest; some parts of the presentation need improvement Every team member has the ability to maintain judges' interest throughout the presentation Every team member has the ability to convince the judges about the business plan
Visual Aids
(25%)
1 2 3 4 5 6 7 8
The visual aids are not relevant to the presentation topic, nor clear or easy to understand The visual aids are relevant to the presentation topic, but could be clearer to see and easier to understand The visual aids are clear, easy to understand and relevant to the topic The visual aids are creative, clear, easy to understand, aesthetically pleasing and relevant to the topic

Section 2.2: Question and Answer (45% of Total Presentation Score)

Criteria Judging Criteria

Understanding
judges' inquiries
(25%)

1 2 3 4 5 6 7 8
The judges have to repeat the questions several times before the team understands The team has to ask the judges to repeat questions or concur with each other in order to understand The team has the ability to understand judges' inquiries well without the judges having to repeat questions The team has the ability to both understand and anticipate the judges' inquiries

Responses to judges'
inquiries
(25%)

1 2 3 4 5 6 7 8
The team can not respond to the judges' inquiries appropriately The team can appropriately respond to the judges' inquiries but the answers need to be more substantive and concise The team can appropriately respond to the judges’ inquiries with substantive and concise answers Every team member convincingly responds to judges’ inquiries with substantive and concise answers, according to each member’s particular area of responsibility

Use of time
(25%)

1 2 3 4 5 6 7 8
The team does not use the time allocated well Some team members use more time than necessary to answer a judge's inquiry The team uses the time allocated adequately with minimum redundancy Every team member responds equally well to the judges' inquiries with minimum redundancy

Poise and confidence
(25%)

1 2 3 4 5 6 7 8
The team needs to improve its composure and confidence while answering judges' inquiries Some team members have good poise, confidence and ability to think on their feet, but some need improvement Every team member has good poise, confidence and ability to effectively think on his/her feet Every team member exudes considerable poise and confidence and effectively thinks on his/her feet without signs of nervousness

Section 2.3: Venture Exhibit (10% of Total Presentation Score)

Criteria Judging Criteria

Exhibition Booth
Presentation
(100%)

1 2 3 4 5 6 7 8
Team members are not effective in attracting potential investors to their venture exhibit space and are unable to effectively convey the investment opportunity, whilst their venture exhibit does not complement well the message(s) the team attempts to convey Few team members are effective in attracting potential investors to their venture exhibit space but are unable to effectively convey the investment opportunity, whilst their venture exhibit somewhat complements the message(s) the team attempts to convey Most team members are effective in attracting potential investors to their venture exhibit space and are effective in conveying the investment opportunity in a clear, concise, and enthusiastic manner, whilst their venture exhibit complements the message(s) the team attempts to convey Every team member is clearly effective in attracting potential investors to their venture exhibit space and is effective in conveying the investment opportunity in a clear, concise, and enthusiastic manner, whilst their venture exhibit perfectly complements the message(s) the team attempts to convey 

 

APPENDIX E

Judging Criteria – Play-off & Final Rounds

A panel of judges would evaluate the full business proposal (from all of the following: Written Business Plan, presentation and question & answer, and Venture Exhibit) on the following aspects, by using the following rating system:

Business Viability (100%)

CRITERIA JUDGE'S SCORES
Product or Service
(15%)
1 2 3 4 5 6 7 8
The venture’s offering is neither unique nor provides value to the customer The venture’s offering is unique and provides some value to the customer but is still in an unproven stage The venture’s offering is unique, fulfils unmet needs of the customer and proof of concept ensured The venture’s offering is unique, fulfils unmet needs of the customer, proof of concept ensured and protected from being copiedwhich gives it a sustainable competitive advantage
Market Opportunity
(15%)
1 2 3 4 5 6 7 8
There is very little market need. There is a market need, but unclear strategy to capture the target market. Presence of existing competitors are not overcome. There is a market need with strategy in place that may be able to capture some of the target market. Some competitors exist but the team can outperform the competitors. There is a strong market need with credible strategy in place to be able to fully capture the target market. There are virtually no competitors and the team can clearly outperform the competitors.
Operations
(15%)
1 2 3 4 5 6 7 8
Plan for acquiring the required resources, production / delivery of product or services is flawedThe venture’s offering is not unique nor provides a competitive advantage There is a comprehensive plan for acquiring the required resources, production / delivery of product or services, but such plan may not be practicalThe venture’s offering is unique and special but is still in an unproven stage There is a comprehensive and practicable plan for acquiring the required resources, production / delivery of product or servicesThe venture’s offering is unique,special and provenwhich gives it a competitive advantage There is a comprehensive and practicable plan for acquiring the required resources, production / delivery of product or services well into the foreseeable futureThe venture’s offering is unique, special, provenand protected from being copied which gives it a sustainable competitive advantage
Management Capability (15%) 1 2 3 4 5 6 7 8
The team seems unable to develop this venture or handle the associated risks The team consists of some individuals with relevant backgrounds and experience in their respective functions necessary to be able to developing this venture handle the associated risks The team consists of all individuals with relevant backgrounds and experience in their respective functions necessary to be able to developing this venture handle the associated risks The team consists of all individuals, including the idea originator, with relevant backgrounds and experience in their respective functions necessary to be able to comprehensively share responsibility in developing the venture and handling associated risks
Investment Potential (20%) 1 2 3 4 5 6 7 8
The venture does not seem to be successful and thus unattractive for your investment The venture represents some investment opportunity and you would consider investing if further developed into a more solid business plan The venture represents a real investment opportunity and you would consider investing The venture represents a real investment opportunity and you would definitely invest
Social, Environment, and Economic Sustainability
(20%)
1 2 3 4 5 6 7 8
The venture meets the needs of the present but clearly compromises the ability of future generations to meet their own needs and has no clear sustainability processes The venture meets the needs of the present arguably without compromising the ability of future generations to meet their own needs through sustainability processes that encompasses some of the venture’s business operations The venture meets the needs of the present without compromising the ability of future generations to meet their own needs through comprehensive sustainability processes that encompasses all of the venture’s business operations The venture meets the needs of the present without compromising the ability of future generations to meet their own needs through cutting-edge/innovative, comprehensive, and measurable sustainability processes that encompasses all of the venture’s business operations

 

APPENDIX F

Sustainability Award: Judging Criteria

Panels of judges would evaluate the written business plans, venture exhibits and presentations on the following aspects, by using the following rating system:

CRITERIA
(20% each)
JUDGE'S SCORES
“NATURE”:
The physical and biological limits of Earth’s ecological systems must be respected. [Issues include: Environmental impact, resource use, waste, ecosystems and habitat, water, energy, climate change]
1 2 3 4 5 6 7 8
The venture creates negative impact on the earth’s ecosystem The venture creates neutral impact on the earth’s ecosystem The venture creates short-term positive impact on the earth’s ecosystem The venture creates an longlasting positive impact on the earth’s ecosystem
“ECONOMY”:
Societies, communities, and organizations need functioning economies to provide for their needs and to support their aspirations. [Issues include: business model, market impacts, innovation]
1 2 3 4 5 6 7 8
The venture creates negative economic impact The venture creates neutral economic impact The venture creates limited positive economic impact The venture creates an overwhelmingly positive economic impact
“SOCIETY”:
Social systems should be organized in ways that promote equality, fairness, resilience, and opportunity for all. [Issues include: governance, equality, transparency, security, culture, trust]
1 2 3 4 5 6 7 8
The venture creates negative impact on society The venture creates neutral impact on society The venture creates limited positive impact on society The venture creates an overwhelmingly positive impact on society
‘WELLBEING”:
Human beings have a right to be to be safe, to have access to healthcare, and to have the opportunity for self-expression, self-development, and a good quality of life. [Issues include: health, education, happiness, safety, family, quality of life]
1 2 3 4 5 6 7 8
The venture creates negative impact on an individual’s wellbeing The venture creates neutral impact on an individual’s wellbeing The venture creates limited positive impact on an individual’s wellbeing The venture creates an overwhelmingly positive impact on an individual’s wellbeing
“INTEGRATION”:
Governance and management systems should strive to achieve optimal results across all four criteria (Nature-Economy-Society-Wellbeing) in an integrated way. [Issues include: corporate values, strategy, performance matrices]
1 2 3 4 5 6 7 8
The venture makes no attempt to include Nature-Economy-Society-Wellbeing concerns into its strategy or operations The venture attempts to include Nature-Economy-Society-Wellbeing concerns but has yet to embed such concerns into its core strategy, resulting in relevant innovation and measurable outcome in few of its operations The venture attempts to balance Nature-Economy-Society-Wellbeing concerns through embedding such concerns into its core strategy, resulting in relevant innovation and measurable outcome in many of its operations The venture optimally balances Nature-Economy-Society-Wellbeing concerns through embedding such concerns into its core strategy in a comprehensive manner, resulting in relevant innovation and measurable outcome in nearly all of its operations

Adapted from Compass 26000 Sustainability Assessment by AtKisson Group (www.AtKisson.com)

 

APPENDIX G

Judging Criteria – Houston Technology Center Asia Innovation Award

Panels of judges would evaluate the written business plans, venture exhibits and observed presentations on the below aspects, however final decision will based on Houston Technology Center Asia Team.

Disruptive Potential
The company's technology or business model has the potential to redraw the modus operandi of an industry by creating a new market or value-network relationship between suppliers, consumers, competitors etc. The company is also doing this in a way that the market does not expect. Higher scores are given to companies who fit this statement best.

Intellectual Property
The company's technology has intellectual property protection potential, either via patent or trade secret. This score should judge the level of threat from new entrants emulating or copying the company's product or service once the company is successful and visible to the market. Companies with the potential to protect key features of their product via patent or trade secret should score more highly than those who cannot.

Commercialization
The company can feasibly commercialize its product and generate significant revenue within 2-3 years. For companies in long lead time industries such as Healthcare, the feasible time frame should be 5 years. For companies in short lead time industries such as consumer internet or mobile app businesses, the commercialization time frame should be within 1 year. Higher scores equate to a company being more likely to commercialize within the time frame, while lower scores equate to the company being unlikely to commercialize within the time frame.

Management Capability
The company's management team consists of all individuals, including the idea originator, with relevant backgrounds and experience in their respective functions necessary to be able to comprehensively share responsibility in developing the venture and handling associated risks.


[Revised: September 21, 2016]

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Important dates
October 19- November 22, 2016
Online Registration and Submission of Opening Round Summary Business Plans

November 22, 2016
Deadline for submission of Opening Round Summary Business Plans

December 1, 2016
Semi-finalists Announcement

December 6, 2016
Deadline for submission of Intention of Participation for Semi-final Round

January 23, 2017
Press Conference and Semi-final Round Draw

January 30, 2017
Semi-finalists Submit Written Business Plan

February 16-18, 2017
Competition Days

February 16, 2017
Entrepreneurship Forum & 99-Second Pitch @ Sasin Competition Days

February 17, 2017
Semi-final Round, Sustainability Award Round and Play-off Round Competition @ Sasin

February 18, 2017
Final Round Competition and H.M. The King Award Ceremony @ Sasin

February 19, 2017
Cultural Tour of Bangkok, Compliments of Sasin
News updated

Congratulations to 2016 winners and Thank You to 2016 participant


The Result of Semi-final Round Draw


The 16 Semi-Finalists


List of Team Registration 2016

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