New Business Adventure 2010 Ignite Your BQ

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City University of Hong Kong
New Business Adventure 2010
- Ignite Your BQ
Whatever discipline you are studying, you are welcome to join the CityU New Business Adventure
(NBA) – a business Plan competition. Ignite your Business Intelligence Quotient and turn your
innovative ideas or technological products into a feasible business plan. Your team may have
opportunity to get an award up to HK$8,000.
Through joining CityU NBA Competition, you’ll have chances to:
 receive comments on your proposal from peers, senior executives, and entrepreneurs
 work with students with different majors and learn from one another
 attend training workshops on Creativity, Business Plan Writing, Presentation Skills, and
Entrepreneurship Sharing
 apply for the Overseas Business Exploration Study Tour
Eligibility:
 CityU full-time students from all colleges, schools, and departments
 Each team must comprise three to five members from at least two different majors (Double-major
students are accepted)
 A participant can only join one team, and each team can submit only one proposal
Competition Details:
Round One
Submit a proposal of innovative business ideas on or before 17:00, 28 October, 2009 that:

could lead to the creation of a successful business venture or enterprise

has not won any award from competitions before

is limited to three pages utmost
Round Two
Submit a complete business plan on or before 17:00, 27 November, 2009:

maximum ten pages, excluding appendixes such as charts, tables, diagrams and spreadsheets
Round Three
Meet the panel of judges on 30 January, 2010 afternoon to do a five-minute oral presentation with an
eight-minute Q & A session that:

two presenters should be ready for the oral presentation (only one will be picked)

each question in Q & A session should be responded by only one member in one minute
Round Four
Qualified teams would be required to perform similar things as in Round Three to more judges
Award Presentation Dinner
All round three participants are required and subsidized to join the Award Presentation Dinner on 30
January evening after the final round.
Judging Criteria:
 Commercial viability (50%)
 Innovation/creative thinking (30%)
 Communication skills (20%)
Awards/ Prizes:
 Champion: $8,000 Book coupon
 1st Runner-up: $5,000 Book coupon
 2nd Runner-up: $3,000 Book coupon
 All teams in round four but do not qualify for top three: $500 book coupon and Certificate of
Excellence
 All teams in round three who give a meritorious performance: Certificate of Merit
 All teams in round two but do not qualify for round three: Certificate of Appreciation
Training and Development
Join the following Training and Development Sessions to learn more about the competition:
28 Sep (Mon) 17:30 – 19:20 LT-401 Briefing, Team Building and Creativity
14 Nov (Sat) 14:30 – 16:20 LT-10
Business Plan Writing
8 Jan (Fri) 14:30 – 16:20 LT-1
Presentation Skills and Entrepreneurship Sharing
Schedule at-a-glance:
28 Sep (Mon) 17:30 – 19:20
5 Oct (Mon) Before 12:00
28 Oct (Wed) Before 17:00
6 Nov (Fri)
14 Nov (Sat)
14:30 – 16:20
27 Nov (Fri)
Before 17:00
22 Dec (Tue)
8 Jan (Fri)
14:30-16:20
30 Jan (Sat)
14:00-19:00
30 Jan (Sat)
Evening
Week of 24 May
Briefing, Team Building and Creativity Workshop
Deadline for Registration
Deadline for Submission of the Three-page Summary† (Round One)
Announcement of Qualified Teams for Round Two
Talk on Business Plan Writing
Deadline for Submission of the Full Business Plan † (Round Two)
Announcement of Qualified Teams for Round Three
Talk on Presentation Skills and Entrepreneurship Sharing
Meet the Panel of Judges to do a Five-minute Oral Presentation with
an Eight-minute Q & A Session (Round Three and Four)
Award Presentation Dinner
Overseas Business Exploration Study *
†
Submissions in softcopies (in Microsoft Office 2003) should be sent to blackboard and hardcopies should
be delivered to SDS counter, 6/F, Amenities Building. Full business plan should be sent along with the
“turn-it-in” report.
* Priority of joining the study tour will be assigned according to the attached scoring system on the basis of
the students’ participation and performance throughout the competition. An interview may be carried out for
participant selection.
Registration:
Interested students can download the registration form via SDS website. The completed hardcopy
should be submitted to SDS counter on or before 12:00 noon, 5 October 2009.
Organizer:
The Competition is organized by the Entrepreneurship Society of Student Development Services
(SDS). The Society is an initiative to help students to enhance their entrepreneurial spirit as well as
acquire related qualities and skills. The organizer reserves the right to alter or modify the rules or
schedule of the event if necessary.
Enquiries:
Please contact Ms Irene Chan of SDS at 3442 8059 or soirene@cityu.edu.hk.
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