NEW Announcement: After a long and rigorous screening by both the technical committee “Jury” and the judges “Final Jury”, we are pleased to announce the the three team finalists by ranking for the Global Start up Business Plan Competition:
The ranking of the three team finalists has been announced during the UNIDO 50th Anniversary Expo Celebration in Vienna, while each team had an opportunity to provide a brief presentation. The top 3 winners will also be invited to the Kingdom of Bahrain on the 21st and 22nd of December to continue the award ceremony.
We also wish to thank the other applicants, teams, and related entities and associations for making the competition a tremendous success. The competition included a variety of innovative and exciting ideas from an impressive 94 countries across the globe. We wish you all mush success. Thank you.
Target Group: Entrepreneurs/startups (with a new business idea) aged between 18 – 35
Deadline for submission: September 23rd 2016
The Global Start-up Business Plan Competition (GSBPC) aims at stimulating and unleashing the spirit of Entrepreneurship and innovation among potential entrepreneurs with ideas that contribute to their personal economic benefit and towards developing their communities.
The competition is organized by UNIDO, the UN specialized agency that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability, together with UNIDO’s Investment and Technology Promotion Office (ITPO) in Bahrain.
The GSBPC will incentivize potential entrepreneurs globally to participate in submitting their innovative entrepreneurial ideas through a Business Plan Template, with the opportunity of having it reviewed and recognized by designated experts.
The Competition, through its partners, will award entrepreneurs for their efforts and play an active role in facilitating the provision of support services with the ultimate objective of converting these dreams and ideas into existing businesses.
The following criteria will be the main points of focus, upon which your application will be judged. It is important to adequately address each of these factors, in order to successfully present a well-rounded business plan. Further details are available in the Business Plan Template:
The three winners will be awarded in Vienna on November 21st – 25th, during the celebratory event of the UNIDO 50th Anniversary.
The top three winners will receive the following prizes:
1ST Place: $15,000
2nd Place: $10,000
3rd Place: $5,000
All three winners will additionally be rewarded with:
The top 50 applicants will be provided the following:
Counseling and mentoring through UNIDO ITPO Bahrain (AICEI) for a period of 6 months.
IMPORTANT: Before applying, please make sure you are able to adhere to the following requirements and responsibilities
|Application Participation Criteria||Application Exclusion Criteria|
|ü Age of participants must be between 18 and 35;
ü Open to entrepreneurs/startups (new business idea);
ü Participants may utilize the Business Plan template as a team (2-3 members);
ü Application to be submitted online;
ü The working language for all documents and communication Program is English.
|û The following individuals cannot participate, directly or indirectly, in the competition: employees of Organizers or its subsidiaries, affiliates, as well as companies wherein above mentioned companies have an equity stake. Applications submitted for the competition that potentially conflict with any laws and the Organizers code of conducts will be declined.
û Plagiarism of the business idea and/or elements of the business plan.
û Missing or misleading information in the application may lead to a decline of participation without further explanations.
û Failure to apply or submit the application before indicated deadlines.
What other considerations need to be taken into account:
|Selected applicants must||UNIDO’s post-selection responsibilities to the applicant, UNIDO will|
|· Be able to travel to Vienna (from 21st to 25th of November 2016)
· Possess a valid passport for the duration of the visit and six months beyond the period of the trip
· Be able to apply for and obtain a visa
· Be able to support themselves financially during the duration of the stay in Vienna
· Prepare a short presentation about their business plan to be delivered at the award ceremony
|· Provide an official invitation letter
· Purchase travel tickets to and from Vienna
· Provide health insurance for the duration of the stay
· Arrange accommodation
|All interested entrepreneurs will submit their applications online; entrepreneurs can register on the below webpage to receive information and download the Business Plan template, or communicate by email for the same.
Applicants and their applications confirm their agreement to GSBPC terms & conditions* once submitting their applications.
Deadline for submission is September 23rd 2016
Winners will be notified on 7th October 2016
For information on how to apply, please go to our webpage: www.aicei.net,
Or write to the email address: email@example.com
Further inquiries will only be answered from the provided email contact