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The Bangkok Business Challenge^®, The Thailand's global new venture plan competition conducted in English, was created in 2002 to encourage post-graduate students in business administration programs across Thailand and Asia to become more entrepreneurial. Teams from business administration programs will not only be competing for the most prestigious prize of all, Thailand's H.M. The King's Award, but will also have the opportunity to acquire prizes with over $142,000 in total value, including over $42,000 in cash. The judging committee, including leading entrepreneurs, professionals and venture capitalists, will be looking for the most attractive new venture based on submitted written business plans, live presentations and venture exhibits.

After holding four annual events since 2002, the Bangkok Business Challenge® is being renamed "The mai Bangkok Business Challenge® @ Sasin". Starting in 2007, it was co-hosted by the Market for Alternative Investment (mai), Thailand's stock exchange for medium-sized public companies, and Sasin Graduate Institute of Business Administration of Chulalongkorn University setting a new precedent in the standard of regional business plan competitions. And, starting in 2008, the competition welcomes participation from all nations across the globe.

Realizing very well that every business, regardless of industry and venture types, undoubtedly affect the future of our planet and the generations to follow in some way, starting in 2011, the competition seeks to bring sustainability concerns to the mainstream. For the first time, all business plans submitted shall be evaluated not only on their venture's economic soundness, but also their abilities to address relevant social and environmental concerns. Although the competition remains a strictly commercial new venture business plan competition, this new addition is consistent with our belief that social and environmental responsibility must be practiced by all businesses, be they social, not-for-profit or commercial ventures.

PHASES OF THE COMPETITION

A. Application (Online Submission)

Online application opens by 9.00 hrs. (Bangkok Time) on Thursday, November 10, 2011. All teams must complete an online application form at http://www.bbc.in.th/register/ by 12.00 hrs. (Bangkok time) on Friday, December 30, 2011

1. Each team is required to submit a Summary Business Plan (in PDF format) at http://www.bbc.in.th by 12.00 hrs. (Bangkok time) on Friday, December 30, 2011. Late submission will not be accepted.
2. The 16 Qualifying teams will be invited to proceed to the Semi-Final Round and other associated events in Bangkok, Thailand.

C. SAA Network Coaching Round (Bangkok, Thailand): Afternoon session of Thursday, March 1, 2012.

1. A pre-competition round to allow each Semi-Finalist team to practice their 99-Second Pitches and Formal Presentations (without any questions & answers), as well as to familiarize themselves with the exact venue and equipment to be used in the following day’s Semi-Final Round.
2. Teams will receive oral & written feedbacks from experienced panels of entrepreneurs, investors and business professionals of the Sasin Alumni Association Network (SAA Network)
3. Awards to recognize exemplary teams will be given during the welcoming event that evening, but the scores will not be included in the business plan competition.

D. 99-Second Pitch (Bangkok, Thailand): Thursday, March 1, 2012 (17.00 – 19.00 hrs.)

1. A “teaser” event held during the welcoming event on Thursday, March 1, 2012.
2. One representative from each team will present its new venture idea in front of a panel of judges in 99 seconds or less without any visual aids or props of any kind.
3. Winner will be announced, and prize awarded, at the event, but the scores will not be included in the business plan competition.

E. Semi-Final Round (Bangkok, Thailand): Morning session of Friday, March 2, 2012.

F. Play-off Round (Bangkok, Thailand): Afternoon session of Friday, March 2, 2012.

G. Final Round (Bangkok, Thailand): Morning session of Saturday, March 3, 2012.

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