Competition

Model Entrepreneur® - Asia Edition

2018-10-15
~
2019-10-31

Final Round Overview

Final Round Overview

The Final Round of the 2019 Model Entrepreneur® competition will take place from 5/24/2019 until 5/26/2019. It is a 3 day events, with boarding included.

Other than the Final Round business proposal, each team will need to make a promotional video (no more than one minute) highlighting their products or services.

Final Round Detail

Final Round Dates: 5/24/2019 (Friday) until 5/26/2019 (Sunday), 3 days and 2 evenings in Shanghai.

Venue: Shanghai High School International Division.

Final Round Fee: 4,800 RMB/person or USD $730/person; including 2 nights at a local 3-star hotel in Shanghai, China, 6 meals, transportation to and from hotel to Shanghai High School International Division campus, teaching sessions from current Columbia Business School VFA professor.

Room and Board: local 3-star hotel in Shanghai, China.

Competition Rules:
1. Teams admitted to the Final Round will need to make complete Final Payment and submit Authorization Form by 3/26/2019 (Tuesday). If payment or Authorization Form has not been received by 3/26/2019, your Finalist position will be forfeited. Your spot will be given to the next runner up team on 3/27/2019.

2. In order to receive the certification of completion, all team members will need to complete the 3-day Final Round event in Shanghai. Local students are also required to stay for the entire Round, as there will be various events that will require full participation from each member.

3. There will be free lessons being taught by a current Columbia Business School VFA Professor/Instructor, empowering teams to revise their final presentations even further.

Business Proposal Content (English only)

Final Round business proposal needs to be submitted no later than 4/25/2019 (Thursday)

[Can have multiple pages]

Topic 1 (cover page): team name, logo, team names, school name, supervising teacher (teacher assisting students will receive an official letter of appreciation from Columbia Business School's Venture For All).
Topic 2: describe current problem or opportunity.
Topic 3: customer archetypes, who are your customers? What type of customers would find your product or service most useful?
Topic 4: elaborate on your product or service. You may use a website, drawing, or mock-up to demonstrate your product.
Topic 5: what is your business model? How will you make a profit?
Topic 6: competitor analysis.
Topic 7: SWOT analysis.
Topic 8: financial analysis, how much funding do you need?
Topic 9: who are your team members, what are their roles?
Topic 10: what's your realistic next step?

In addition to the Final Round business proposal, each team is required to prepare a one minute promotional video (.mp4 format) on their business idea on 5/24.

Business Proposal Submission Rule

If you don't follow the rule of submission, there will be a 1 point deduction on your overall score!
1. Team leader needs to e-mail First Round business proposal to me@ivyedugrp.org in PDF or PPT format.
2. e-mail Subject: Team Name + School Name
3. Business proposal file naming: Team Name + School Name

Daily Schedule and Scoring

04.01(Mon.) ~ 05.23(Thu.)
Contest: Popularity Voting Contest
Rule: Most Votes Wins

05.24(Fri.) ~ 05.25(Sat.)
Contest: Social Media Promotion
Rule: Most 'like' Wins
Topic: Promotion for ME competition (Webcast preferred)

05.24(Fri.) Day 1
17:00-21:00 Sign in and room assignments; draw team numbers to determine the order of Round 1; collect event brochure and souvenir; hand in final video on jump drive

05.25(Sat.) Day 2
07:00-08:00 Breakfast
08:00-08:30 Bus ride from the Marriott Courtyard to Shanghai High School

Time: 08:30-11:30 (29 groups)
Round 1
Contest: Promotion Video Voting
Rules: Peer Votes(30%), Professor/Instructor Votes(70%)

08:30-09:30 Opening ceremony
09:30-10:00 15 teams will play their videos (no more than 1 minute) in the auditorium
10:00-10:20 Japanese pre-MBA Team Showcase
10:20-10:50 14 teams will play their videos (no more than 1 minute) in the auditorium
10:50-11:00 Judge scoring and short break
11:00-11:10 Announcement of the top 2 groups to advance directly to Round 3
11:10-12:30 Lunch

Time: 12:30-14:00 (27 groups)
Round 2
Contest: Presentation & Questioning
Rules: Creativity (25%), Pain Point Analysis (25%), Teamwork (10%), MVP (20%), Target Market(20%)
Topics: Topic 1 ~ Topic 5

12:30-14:00 27 groups will be divided into 4 classrooms (5 minutes to present plus 2 minutes for Q&A)
14:00-14:15 Judge scoring and short break
14:15-14:20 Lottery Ⅰ

Time: 14:20-16:05 (10 groups)
Round 3
Contest: Debate
Rules: Questioning Quality (25%), Response Quality (25%), Improv Skills (20%), Teamwork (20%), Courtesy (10%)
Topic: Free Selection

14:20-14:25 Announcement of the 10 groups (including the top 2 video groups) who make to Round 3
14:25-15:50 The 10 groups will debate with each group (3 minutes to present plus 3 minutes for Q&A)
15:50-16:05 Judge scoring and short break
16:05-16:10 Lottery Ⅱ
16:10-17:00 Bus ride from Shanghai High School back to the Marriott Courtyard
17:00-17:40 Short break
17:40-21:00 ME Party!

05.26(Sun.) Day 3
07:00-08:30 Breakfast/Check out
08:30-09:00 Bus ride from the Marriott Courtyard to Shanghai High School

Time: 09:00-10:50 (29 groups)
Round 4
Contest: Debate
Rules: Response Quality (25%), Content Quality (25%), Improv Skill (20%), Teamwork (20%), Courtesy (10%)
Topics: Free Selection

09:00-10:50 Debate competition by drawing (3 minutes to present plus 3 minutes for Q&A)
10:50-11:00 Judge scoring and short break
11:00-12:00 Lunch

Time: 12:00-14:10 (8 groups)
Final Round
Contest: Presentation & Questioning
Rules: Creativity(25%), Investability(25%), Teamwork(10%), Q&A(20%), Business Plan(20%)

Auditorium: Final 8 starts (7 minutes presentation, plus 3 minutes Q&A)
12:00-13:00 4 finalists’ presentation (7 minutes presentation, plus 3 minutes Q&A)
13:00-13:10 Short break & Lottery Ⅲ
13:10-14:10 4 finalists’ presentation (7 minutes presentation, plus 3 minutes Q&A)
14:10-14:40 Speech & Final scoring
14:40-15:30 Finalists announcement and certification ceremony & Lottery Ⅳ

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