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Deadline for Stage 3: Business Plan
On the 24th of March it is time for you to submit a contribution for this year's final part of Venture Cup – Stage 3: Business Plan. It will all be concluded on the Prize Ceremony at the Stockholm City Hall on the 29th of April. Do not forget - there are still 350 000 SEK remaining of the Venture Cup Öst prize sum!
Checklist for Stage 3: Business Plan
The jury for “Prize for Entrepreneurial drive” appointed!
Since the momentum of entrepreneurs is extremely important for Sweden's future, Venture Cup Öst has founded a new prize that will be awarded to Venture Cup participants with distinguished qualities of entrepreneurial drive. The price will be given to a team/person that in an exceptional manner has demonstrated their entrepreneurial drive during the Venture Cup season and who has demonstrated a significant development of its business. The organizers of Venture Cup Öst will nominate a person / team from each university, which will then get the chance to meet our star jury consisting of:
Jens Spendrups, CEO Spendrups Brewery
Melker Andersson, entrepreneur and chef
Alexandra Charles, founder 1.6 and 2.6 million club
Marie Wallenberg, Ambassador Hunger Project
Olof Stenhammar, founder OM Group
Sofia Hagelin, founder of JITTERS BEFORE A JOURNEY and Heart of Lovikka
Jeremias Andersson, founder Academic Work
Anna-Stina Nordmark-Nilsson, CEO of FÖRETAGARNA
Venture Cup Öst is a business plan competition with the objective to stimulate entrepreneurship and to increase the founding of new companies in the eastern part of Sweden. Anyone with an innovative concept who wants to start a business is welcome to participate in Venture Cup, free of charge. |
Competition Design
The focus is on innovative ideas with a large market and growth potential. The competition is divided into three steps in east and the final prize ceremony is held in the end of April every year followed by a national step during May that ends in the beginning of June. Venture Cup is, through a broad program of activities and services, more than just a competition. We offer all participants inspiring events where entrepreneurs and venture capitalists meet, and specially adapted educational programs, a competition handbook, mentorship and jury evaluation with feedback. Hence, our activities in English are limited we appreciate and welcome participation from people, which do not have Swedish as mother tongue. Please consult the project team for additional guidance.
You can enter the competition with a description of your business idea or later with a draft/ total business plan. The teams which get involved from the beginning have the best chances of developing their business idea into a great business plan. The sponsors of the competition finance the prize money.
Competition rules
The competition is primarily intended for researchers and students at Universities in the eastern area of Sweden but other individuals are welcome to participate as well. Participation can be either on an individual basis or as a team. Companies founded on a business idea prior to 30th June 2008 with a significant advantage prior to other competitors are not allowed to participate in the competition. Please contact the project management for guidance in this matter. The competitors have to possess the intellectual property rights intended for usage and the business idea should not be considered as "stolen". The jury will appoint the winners in each step and their decision can not be appealed. The project management team will decide on the right to compete in cases of uncertainty.
Secrecy and obligation to remain silent
Keeping business ideas secret is a requirement for the competition to be made possible. Due to that, all mentors, jury members and the project management team sign a declaration of secrecy and are obligated to remain silent. All routines regarding handling the submissions are drawn up for the highest level of secrecy in accordance to models from other successfully run business plan competitions in Europe. Together with your team, you decide what can be made public of your idea.
Application for Venture Cup Öst
The deadline to enter your business idea is the 4th of November 2008, before 1 pm. The deadline to hand in a draft of your business plan is the 3rd of February 2009, before 1 pm. Deadline for the complete business plan is the 24th of March 2009, before 1 pm.
Register yourself and your Business Idea
If you have any questions, do not hesitate to contact us.
Phone: 08 – 674 11 60
E-mail: ost@venturecup.se Good Luck!
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