1st Round Submission

21
1 st Round Submission

Transcript of 1st Round Submission

Page 1: 1st Round Submission

1st Round Submission

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Stages of Competition

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Key Dates2021 17 November (Wed) First Round Document Submission Deadline

1 December (Wed) First Round Results Announcement

11 ‐12 December (Sat) Training Workshop 2 & Mixer Gathering 2

2022 3 January (Mon) Semi Final Document Submission Deadline

8 January (Sat) Presentation Rehearsal

12 February (Sat) Semi Final Presentation

12 March (Sat)  Grand Final Presentation

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Judging Criteria• Concept

– Understanding of the issues– Business model

• Context– Market demand, structure and size – Economics of Business

• Social Impact– Impact Value Chain – Stakeholder Analysis

• Sustainability– Effective use of resources – Sustainable operation model

• People– Entrepreneurial leadership and passion – Quality of team – Cross-discipline co-operation

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SDG Cover Sheet (1 page)

Executive Summary (1-2 Word pages)

Lean Canvas (1 page)

Concept Deck (6 PPT slides)

Appendices : Team Bio & Partners etc (2-3 pages)

• Could be in either English or Chinese

First RoundSubmission Requirements

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• Indicate the SDG(s) you are dealing with(At least 1, At Most 3)

First RoundSubmission Requirements

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• Executive Summary (1-2 Word pages)- Your business’s name- What issues/whose needs you try to address- What product or service you plan to sell - General description of the business model- Why you think it will work and the expected

impact (both financial and social)

First RoundSubmission Requirements

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• Lean Canvas

First RoundSubmission Requirements

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• Flipped Classroom ‐Lean Canvas tutorialhttps://goo.gl/W7JFrf

First RoundSubmission Requirements

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- Customers Segments-Who are your target customers and users-What are the characteristics of your ideal customers

- Problem-What pain points are they facing?- Is there any existing alternative in the market?

- Solution-What is the possible solution for each problem?

- Unique Value Proposition-What value are you delivering to the customers?-What bundles of products and services are we offering to each customer segments?-Which customers needs are you satisfying?

First RoundSubmission Requirements

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- Unfair Advantage- What are the advantages of your business?

- Channels- What is the path to customers?

- Revenue Streams- What are your sources of revenue?

- Cost Structure- What are your fixed and variable costs?

- Key Metrics- What are your performance indicators?

First RoundSubmission Requirements

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• Concept Deck (6 PowerPoint slides)- six visuals/images/graphic representation

(with one line of description) about:

Problem

Goal

Solution

Customers

Value

Market

First RoundSubmission Requirements

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• Appendices (2-3 pages)- Team bio :

- relevant skills- contacts- Expertise

- Collaboration partners- Who are they?- What skills/resources will they bring?

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• Download the template from the online platform:

- Faculty Advisor Form- 1st Round Document

Template- Submission Guidelines

First RoundSubmission Requirements

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• Document Format- Acrobat PDF format

• Submission of First Round documents- Online Platform AND Email- Online Platform: https://hksec.hk/user-upload-page/- Email: [email protected]

First RoundSubmission Requirements

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Submission Steps

Login

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My Account Files Submission

Click

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Click to select files

Submit

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Your file(s)

My Account My Submission

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Submission Deadline: 17 November 2021 (Wed)

You are strongly advised to submit earlier to avoid network traffic congestion.

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Thank youThank you