Phase 1: Your idea
In this first stage of the competition, you submit a short (~ 3 pages), concise description of your idea and your potential customers. Your ideas will be reviewed by industry experts and you will receive several written feedbacks from different reviewers.
Phase 2: Your business concept
Aim of this phase is to generate a brief, concise description of your future business. This includes your company’s representation and a forecasting market evaluation. A convincing executive summary is the key part of the business concept. Again, you will receive written feedback from different reviewers.
Phase 3: Your business plan
In the third phase of the competition you establish your complete business plan. Our panel of experts is evaluating all submitted business plans and written feedback is being provided. In addition, the winners have the chance to participate in individual workshops and to win valueable prizes.