Rules & Guidelines
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Competition Rules

GENERAL

  • Applicants must be enrolled full-time in a secondary school in the province of Manitoba
  • Teams can be made up of 1–12 students; each event has the following maximum amount of students:
    • Business Plan Presentation Competition: Up to 5 students
    • Trade Show Competition: Up to 3 students
    • Idea Pitch Competition: Up to 2 students
    • Logo Competition: Up to 2 students
      (Note: A student can participate in one or all of the above events) 
  •  Duplicating or copying an already existing/recognized business or franchise will not be allowed
  • All plans must involve a business idea from the current academic year (Sept. 2017 - June 2018) that is based on the independent thinking of the applicant(s)
  • If the business is a joint venture, the competing student must be a significant contributing factor to the company, i.e. not just a spokesperson for the business

  • There is no limit to the number of applications sent in per school

  • The scholarships cannot be divided and can only be used in post-secondary institutions in Manitoba
 with proof of entry
  • If desired, students are allowed to solely participate in the idea pitch, logo competition or the business plan competition

BUSINESS PLAN COMPETITION

  • 12 spots are allotted
  • 10 minute presentation followed by 5 minutes Q & A and 5 minutes feedback
  • You may use PowerPoint, props and/or any other method you desire for your presentation
  • Teams will be provided with a laptop computer and projector
  • It is required to send the SCCE your presentation by Wednesday, May 23, 2018
  • The written business plans can be a maximum amount of twenty pages of text including appendices.

IDEA PITCH COMPETITION

  • 12 spots are allotted
  • The presentation order will be predetermined by a random draw before the competition
  • No visual aids or props are allowed
  • One - two representatives from each team stands before the judges to “sell” their business venture in a concise but thorough and engaging way 
  • Students have TWO minutes to pitch their idea followed by a one and a half minute Q&A from the judges

LOGO COMPETITION

  • 16 spots are allotted
  • The presentation order will be predetermined by a random draw before the competition
  • One -  two representatives from each venture will stand before the judges to explain their logo
  • Students have ONE minute to explain their logo followed by at ONE minute Q & A from the judges

TRADE SHOW COMPETITION

  • 12 spots are allotted
  • A team’s product or service should be presented as a tabletop display, with samples or examples if appropriate
  • Each team will be provided table space
  • Teams are required to bring their own trade show equipment (easels, power bars, and other A/V requirements)
  • Wireless internet access is available but must be requested in advance
  • If a team is scheduled to present in the Opening Round – business plan competition, it is their responsibility to coordinate with team members to ensure their booth is judged during the allotted time (8:30 AM – 10:10 AM)
Download competition rules (PDF) »

Submission Requirements

EXECUTIVE SUMMARY (1 - 2 pages)

CLICK HERE FOR AN EXAMPLE OF AN EXECUTIVE SUMMARY

Deadline for executive summaries is Friday April 20, 2018.

Executive Summary Guidelines: (Executive summaries should include but are not limited to:)

  • Magnitude of the problem
  • Brief outline of the solution
  • What market validation has been completed
  • What are the financial projections
  • How scalable is the idea

BUSINESS PLAN COMPETITION

  • 12 spots are allotted
  • 10 minute presentation followed by 10 minutes of Q & A and 5 minutes of feedback
  • You may use PowerPoint, props and/or any other method you desire for your presentation
  • The written business plans can be a maximum amount of twenty pages of text including appendices

BUSINESS PLANS

After review of the executive summaries, 12 teams will be chosen by Friday, May 4, 2018 for the competition. These 12 competing teams must submit their business plans by Friday, May 18, 2018.

  • Business Objectives
  • Description of Product or Service
  • Business Structure
  • Overview of the Market
  • Marketing Plan
  • Expected Sales
  • Financial Requirements 

BUSINESS OVERVIEW

  • Type of Business (name, structure, location)
  • List of Registrations and Licenses
  • Type of Product/Services offered (unique qualities)
  • Identification of Trends and Barriers to Success of the Company
  • Customer Profile
  • Human Resource Plan
  • Operations

MARKET RESEARCH

  • Primary
  • Secondary (sources)
  • Target Market Analysis
  • Competitive Analysis
  • Expected Market Share

MARKETING PLAN

  • Product (demand, physical aspects, benefit, image, etc.)
  • Price (production costs, competitor break-even analysis)
  • Place (location, distribution channels, purchasing channels)
  • Promotion

FINANCIAL PLAN

  • Start-up Budget
  • Sources of Required Funds
  • Expected Sales 
  • Monthly Cash Flow (One Year Forecast)