Business Plan Competition
The NIBS Worldwide Business Plan Competition aims to stimulate entrepreneurship among students. Teams are challenged to conceive of a new service or product offering, and then create a business plan and concept pitch video aimed at convincing potential investors to finance the business. Finalists have an opportunity to pitch their idea to a live audience of senior managers and academics.
Each year, the three best submissions are selected by a four-person jury of business professionals and academics to compete in the Final Round. These teams then present to an international audience via live remote link (Skype or similar) during a special session held at the NIBS Annual Conference, typically in May.
Participants in the Business Plan Competition benefit in a variety of ways:
- experience creating a business model and writing a business plan
- familiarity with primary / secondary market research and the process of conducting feasibility studies
- feedback from a jury of senior managers and academics
- experience working as part of a team
- opportunity to sharpen organizational and communication skills
2019 Competition
The entry fee for the 2019 Business Plan Competition is €150. The deadline for registration is December 1, 2018. Teams selected as finalists will present their plans via teleconference on the afternoon of May 9, 2019 (China Standard Time; UTC+8).
If you have questions regarding competition logistics or the status of your registration/payment, please contact the Competition Coordinator, Ana De Plus. Inquiries about rules and judging criteria should be directed to Carline Vuylsteke, NIBS Vice President.
Links
See submissions from past winners and finalists.
Relevant Documents
Rules and Guidelines (updated September 2018)
NIBS Business Plan Competition – Qualifying Round Evaluation Form
NIBS Business Plan Competition – Final Round Judges Evaluation Form
NIBS Business Plan Competition – Final Round Audience Evaluation Form
NIBS Business Plan Competition – Sample 1
NIBS Business Plan Competition – Sample 2
NIBS Business Plan Competition – Sample 3