All asia business plan competition (3)
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Transcript of All asia business plan competition (3)
All-Asia Business Plan Competition
In partnership with
ISLAMABAD
In collaborationwith:
www.islamabad.tie.org 23rd November, 2011
World’s Richest Business Plan competition with prizes in
excess of $1.5 Million
Winner of 2010 walked away with $650K
Majority of the teams were able to acquire VC funding or
Angel Investments
Islamabad
www.islamabad.tie.org 23rd November, 2011
Global program for Asia based College-level students
Level 1 Competition finals to be held within Pakistan, top 4
will compete in the All Asia Final Round
TiE Delhi will host the Finals (level 2) and the winner will be
guaranteed place in the Finals at the largest Business Plan
competition at Rice University sponsored by TiE Global
The winners of the Delhi Finals will receive mentoring and
coaching prior to entering the competition at Rice University
Program OverviewIslamabad
www.islamabad.tie.org 23rd November, 2011
Eligibility Criteria Islamabad
www.islamabad.tie.org 23rd November, 2011
Eligible Chapters Team Requirements
All Pakistani Chapters
All Indian Chapters
◦ Dubai
◦ Malaysia
◦ Singapore
◦ Japan
◦ Melbourne
◦ Sydney
Teams must have at least 1
Graduate Student
◦ Every Team must have at least 2
Students
◦ Rest of the team can also have
Professionals
Maximum 5 students in a team
All ventures must be seeking
outside equity capital
Applications and Executive Summaries Due on the
December 5th, 2011
Teams that are invited to participate will receive a phone
call on December 9th , 2011 by Chapter Organizer for
confirmation
Chapter CompetitionsIslamabad
www.islamabad.tie.org 23rd November, 2011
Business Session 1: December 17th , 2011
◦ Teams review Business Plans with mentors
Mentors offer advice, help teams make appropriate changes
It is expected that these plans are completed in full prior to the sessions
with mentors
Business Session 2: January 7th , 2011
◦ Teams practice Presentations with Mentors
◦ Role-Play Elevator Pitch Sessions
Pakistan Finals: 20th January, 2011
Pakistan Top 4 Mentoring Starts…
Business SessionsIslamabad
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Hosted by TiE Delhi- February 10-11th
2 Day Competition:
◦ Day 1- Shark Round/eliminations
◦ Day 2- Business Plan Presentations
Winner goes to Rice University Finals
◦ Accommodations & Travel will be paid by TiE Global
All-Asia FinalsIslamabad
www.islamabad.tie.org 23rd November, 2011
Applications and Executive Summaries due by December 5th ,2011
◦ Submitted via iStart application
URL (www.tieislamabad.istart.org)
Log-in/Register on Chapter Home page
Create account
Fill in application
Upload Executive Summary
Teams will be invited by December 9th, 2011
Application ProcessIslamabad
www.islamabad.tie.org 23rd November, 2011
Executive Summaries must be limited to 5 pages of text with
information on the following:
Company summary
Customer/market analysis (market size and potential market share)
Product or service description
Intellectual property status (e.g., patents, licenses, etc.)
Competitive differentiation
Management team and/or advisors, including relevant experience
Financial highlights
Status and offering of the company (how much investment you are
seeking)
Executive Summary - How, by When, to whom?Islamabad
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The problem or need your company solves
The size of the accessible market & evidence that customers will
buy your product/service
Your differentiation vs. competition and how you will sustain that
The experience of your management team and/or advisory boards
The current state of development (e.g., beta, customer trials, etc.)
Timeframes to achieve significant revenue and/or cash flow
positive
The amount of funding you are seeking
Expectations for Executive SummaryIslamabad
www.islamabad.tie.org 23rd November, 2011
Prize MoneyIslamabad
www.islamabad.tie.org 23rd November, 2011
Winner of Pakistan Finals: Rs. 100,000
Sponsored by:
Seismic Processing Center
Runner Ups: Rs. 50,000 Each by TiE Islamabad
More Prizes to follow!
Stand Up, Stand Up for the Champions!
Thank
you…
Islamabad
www.islamabad.tie.org 23rd November, 2011