InnovateChina 2021- The Global Business Competition
RMBS is pleased to distribute the following Business Competition Sign-up and logistics info as shared by InnovateChina and CEIBS:
InnovateChina is the annual international MBA business school competition hosted by China Europe International Business School (CEIBS). We are excited to announce that the 13th Annal International Business Planning Competition 2021 is open for registration. All students from the world’s leading Business Schools are welcomed to join in this exciting event.
InnovateChina allows students to build competencies in synthesizing information under time pressure, applying decision-making skills, and working in a team. This event also connects with venture capital companies, business leaders in various industries, and free coaching services at McKinsey and industry professionals.
This year, InnovateChina 2021 will be focused on “Restart”. During the past year, we have encountered many shocks and challenges under the pandemic situation. However, in the midst of every challenge exists an opportunity. Every day we also have been witnessing innovations to transform our lives from abnormal to new normal. Zoom has broken our geographical limits and helped us connect with each other much more easily. Much other software in areas of medicine and education is created to upgrade our utility. This year’s competition will be looking at how innovations help us restart from the pandemic. You are welcome with any innovative startup ideas (Technology, Finance, Health, Online education, etc.) to help build a better world.
Competition Format – Up to 12 qualifying teams will be enrolled directly in the Semi-final Round based on slide submissions. Each team will present to a judging panel, and the judges will select 8 teams out of 12 to advance to the final round. As explained in the agenda, presentations are limited to 5 minutes, with the final round presentations limited to 3 minutes. The semi-final and final competition will be taking place in CEIBS Shanghai Campus.
Eligibility – Set up a team of 3 to 6 students, at least one of the founders need to be enrolled in an MBA program or recently graduated within 2 years at the time of registration. Students from different schools can register as the same team. One school can have multiple teams.
- First Prize: $ 15,000
- Second Prize: $ 10,000
- Third Prize: $ 5,000
- Audience Choice Prize
- Fast Promote Prize
Application (All times in Beijing Time):
Please note that the registration must be finished before February 28th, 2021. This year we have canceled all the registration fees.The registry entry will be coming soon. And the business plan deck for the Preliminary Round must be submitted by midnight on March 15th, 2021, at email@example.com.
Please refer to the attachments for details of the competition, and we look forward to receiving your registration and submission of decks!
* For those that may involve the quarantine and could not come to the spot, you still can access both semi-final and final via Zoom and the links will be provided.
* The organizing committee reserves the right of final interpretation or making any possible changes.