The Third “BizPlan” Entrepreneurship Competition

To cultivate our students' innovative consciousness and entrepreneurial ability, the Ningbo University is to hold the third “BizPlan” International students Entrepreneurship competition. It aims to promote international students consciousness and passion for innovation and scientific exploration. The relevant procedures are as follows.

Part 1: Schedule of Competition

Part 2: Organising party

Host: Ningbo University  Undertaker: Business School of Ningbo University

Part 3: Rules of Registration

- Each team must have a captain who must be an international student.

- Chinese Students can participate, but not more than half of the whole group.

- Each student may only join one team.

- Team members should be no more than 6.

- Students can recommend your friends' entrepreneurship project.

Part 4: The Competition Requirements

Participants need to register first with Mr. Mao in 401, No. 11 Building. Then Business School will provide a guidance lecture on your proposal. After that, a marketable proposal of product or service should be provided. The proposal can be:  projects that have already taken shape or to be carried out. Teams must complete a specific, complete, and in-depth business plan around the product or service that can attract investment and be put into actual operation. The specific requirements are as follows:

1. The competition is organized in the form of a business team with a scientific and well-planned entrepreneurial structure (including technical staff, finance staff, marketing staff, etc.).

2. Teams should carry out a wide range of market research, business and industrial analysis to successfully integrate their product or service into the market.

Part 5: Procedure of Competition

Step 1: Registration

Every team must fill out the application form and finish registration with Business School personally at Mr. Mao RM 401, Building 11 before 4pm, March 12. After registration, an official Wechat group will be made for delivering notice and updates.

Step 2: Pre-Guide Lecture

The Business School will organize a pre-guide lecture to all applicants.

Step 3: Writing Business Proposal

After the lecture, every team must submit a completed business proposal to Business School by 4pm, March 22. Hard copy and digital copy are all needed.

Step 4: Panel Evaluation

The evaluation committee will judge all proposals and decide the proposals for the final defence.

Step 5: Presentation Review

All qualified teams revise their proposal and prepare for the final presentation in slides.

Step 6: Business Proposal Presentation

The qualified teams will go through the defence session. Each team must present their business proposal in the form of PPT for no more than 12 minutes which will be divided into 7-min illustration and 5-min answering questions asked by the judges.

Part 6: Prize

1. All winning team will be given Certificates made by Business School or Ningbo University;

2. Good projects will be recommended to participate in Ningbo University Entrepreneurship Competition.

3. International students, if win in Ningbo University Entrepreneurship Competition on behalf of Business School, will have green lights to all levels of scholarship within Business School.

4. According to last year's prize setting, Prize Money for Ningbo University Entrepreneurship Competition is 5000 RMB for First Prize, 3000 RMB Second Prize and 1000 RMB Third Prize.

5. The International College and Business School reserve the right to explain.

                                                                                                     Business School

                                                                                                         March 4, 2019