Press release HEC Paris and Tsinghua SEM launch brand new student and young entrepreneurs’ competition: Shanghai 2010 Award Jouy-en-Josas, March 15th 2010 HEC Paris and Tsinghua SEM announce today the launch of a premier competition, the “Shanghai 2010 Award”, a Business Project competition open to students and young entrepreneurs worldwide. The topic of the competition is “Entrepreneurship and the Sustainable City”. Related to Shanghai Expo 2010 theme “Better City, Better Life”, the Shanghai 2010 Award Competition aims: - to raise awareness among business students and young entrepreneurs about the opportunities and challenges of sustainable urban development; - to identify and promote business projects or new business models contributing to better urban life; - to allow students and young entrepreneurs with innovative concepts to meet and present their projects to international leading companies with a major commitment to sustainable development. “The contest is open to all students worldwide. We expect them to focus on one dimension of sustainable development that they consider to be a major business opportunity or key avenue for sustainable economic growth in a specific urban environment”, says Professor Bernard Ramanantsoa, Dean of HEC Paris. Qian Yingyi, Dean of SEM adds “Candidates are welcome to build on significant projects or situations they are experiencing in their own national environment. They are expected to bring forward innovative ideas and proposals.” Registration runs from 9th March 2010 to 30th April 2010, 12:00 Paris time. In teams of three, candidates are expected to submit a documented 8000-word long business project. The Scientific Committee, composed of representatives of University Partners, will then identify the top 100 Business Projects and the 30 Nominees. On 28th May 2010, the Jury, composed of representatives of Corporate Sponsors and University Partners, will choose the Prize Winners among the nominees. The Award ceremony will be held on 15th July 2010 in Shanghai. The prize consists of a four-day stay in Shanghai, including travel, food and accommodation, plus access to the Shanghai World Expo 2010 for the three finalist teams. In addition, the finalists will be awarded monetary prizes* and they will have the opportunity to meet representatives of the international and Chinese business community. For more information, visit www.shanghai2010award.com. the competition website which is now open * First prize is € 4,800, second prize is € 3,600, and third prize is € 2,400 (to be shared out among team members). at Founders and organizers of Shanghai 2010 Award: HEC Paris A leader in Europe, HEC Paris specializes in management education and research. HEC Paris offers a full, unique range of courses to the leaders of tomorrow: Masters Degrees, MBA, PhD, Executive MBA and Trium Global Executive MBA. Founded in 1881, HEC Paris has a permanent faculty of 111 professors, 3600 students on its campus (40% of whom are international) and over 8700 managers and executives trained in executive education programs each year. HEC Paris has been ranked #1 Business School in Europe by the Financial Times for the past four years. www.hec.edu School of Economics and Management, Tsinghua University The School of Economics and Management of Tsinghua University (Tsinghua SEM) was established in 1984, with Professor Zhu Rongji as its founding dean who later became the fifth Premier of People’s Republic of China in 1998. The mission of Tsinghua SEM is to become a world-class school of economics and management by contributing academic knowledge that fuels the revival of the Chinese economy and cultivating business leaders for China and the world. The school was awarded accreditations respectively by AACSB International (The Association to Advance Collegiate Schools of Business) in April, 2007 and the European Quality Improvement System (EQUIS) in February, 2008. This makes Tsinghua SEM the first business school in Chinese mainland double-accredited by both AACSB and EQUIS, two of the most prestigious international accreditations of management education. For more information Elisabeth de Réals Tel +33 (0)1 39 67 94 23 Fax +33 (0)1 39 67 94 46 dereals@hec.fr www.hec.edu