Deadline: 31 January 2015
Open to: undergraduates, college and polytechnic students worldwide
Prize: US$60,000 in cash prizes
Description
SMU’s Institute of Innovation & Entrepreneurship is organizing the 8th Biennial Lee Kuan Yew Global Business Plan Competition, an event named after Singapore’s first Prime Minister who’s widely recognised as a strategic thinker and a global visionary. The competition aims to be a platform for entrepreneurs of tomorrow. Participants will be able to showcase their business plans and entrepreneurial talents on a global stage, attract seed funding to further their business ambitions as well as extend their network of friends and business contacts through the Competition.
Competition rounds
Eligibility
The Competition is open to all full-time university undergraduates, college and polytechnic students (participants who are university undergraduates, college or polytechnic students during the period of 1st January 2015 – 20 August 2015 are eligible to participate). Participants can be in teams of minimum 1 person to a maximum of 5 persons.
Prizes
- First Prize: $36,000
- Second Prize: $12,000
- Third Prize: $3,000
- Fourth – Sixth Prizes: $500
Apart from the top 6 teams, there will also be an individual Most Promising Entrepreneur Award of $5000. This Award recognises outstanding entrepreneurial potential among the finalists.
Application
In order to enter the competition you must register and submit your business plan summary via online HERE. The business plan summary must not exceed 5000 words and should address the following:
- Innovativeness of Business Idea;
- Commercial Feasibility;
- Potential Market Opportunity;
- Capability to Execute;
- Competitive Positioning of Team;
- IP Strategy, Value Created.
The deadline for submissions is 31 January 2015.
For enquires please contact: lkystaff@smu.edu.sg