Business plan competition for all Econ CMU students under Startup project Batch 2
Qualification
1. Econ CMU Students and Double degree (Econ-Masscomm) students
2. At least 5 students per team
Timeline
| Now – 28 November 2024 | Application period |
| 23 November 2024 | Training on "Branding" |
| 29 November 2024 | - 09:00 AM Team announcements will be posted on the Faculty of Education's Facebook page, as well as sent via email to all applicants. - 04:00 PM Orientation for participants (at least 3 representatives per team). (Orientation has been rescheduled.) |
| 30 November – 1 December 2024 (2-day event) | Two-day training on "Business plan, Customer Relationship Management: CRM & E-Commerce". |
| 11 December 2024 [Confirmed for Thai session] | Training on “Financial planning” Thai Session |
| 12 December 2024 | Orientation for participants, theme for competition announcement and criteria will be held on Thursday, December 12, 2027, at 5:00 PM via Zoom. The meeting ID will be sent through the MS Teams chat of BPC 2024-2025. Each team is required to send at least 3 representatives. |
| 14 December 2024 [Confirmed for English session] | Training on “Financial planning” English Session |
| The event date has been changed to 21 December 2024. | Training on "Storytelling and Business pitching" (under Econ Smart DNA). |
| December 2024 - January 28, 2025 | Develop a business plan, contact and meet with advisors individually. |
| 23 December 2024 | Confirm team members, team name, and t-shirt sizes. |
| 30 December 2024 – 12 January 2025 | - Reading week and Mid-term exam of academic year 2/2024 - |
| 29 January 2025 | Submit Business plan pitching desk within 29 January 2025 before 23:59 hrs. via academic.econcmu@gmail.com |
| 1 February 2025 | Pitching day and award ceremony. |
Note:
* Each participant must register separately for the trainings through the "Extracurricular Activities" system :https://student-seminar.econ.cmu.ac.th/
System guide: https://cmu.to/GYY39
** After confirming team details and t-shirt sizes by December 23, 11:59 PM, no withdrawals will be accepted. In case of unforeseen circumstances, withdrawing participants will be responsible for the t-shirt cost.
***All lecturers in the Faculty of Economics, except for the judging committee, are eligible to be advisors for this project.
**** Updated: on 4-12-2024 Time 08:30 am
Orientation for participants, theme for competition announcement and criteria will be held on Thursday, December 12, 2027, at 5:00 PM via Zoom. The meeting ID will be sent through the MS Teams chat of BPC 2024-2025. Each team is required to send at least 3 representatives.
Competition rules and requirements
1. At least 3 students per team have to join orientation.
2. At least 3 students per team have to join each topic workshop.
3. All team member have to join Pitching day and award announcement.
Award
1st place winner: Cash 10,000.- baht (1 prize)
2nd place winner: Cash 8,000.- baht (1 prize)
3rd place winner: Cash 6,000.- baht (1 prize)
Consolation prize: Cash 3,000.- baht (2 prizes)
Judge Rubrics for Business Plan Competition: Econ CMU
• Problem Identification
o Clearly described product/service idea
o Clearly described a user’s pain points
o Clearly identify a target market
• Solution
o Uniqueness of product/service
o Demonstrated that significant thought was put into the idea
o Is the product/service achievable?
• Marketing
o Clearly described marketing strategies
o Conduct competitive analysis
o Clearly described budget and resource allocation
• Presentation
o Demonstrates effective communication skills, including clear articulation and good eye contact
o Uses appropriate visual aids to enhance understanding
o Manage time effectively
o Responds to questions confidently and provides insightful answers
Register now at https://cmu.to/EconBPC2024
More information contact P’Jill at Educational Service Affairs office, Faculty of Economics, CMU, 1st floor, Building 1 or Ms Team Chat: Radamas.y@cmu.ac.th
You can find the team member form attached. Please download it.