The BYU Management Society Asia Pacific Area is hosting an area wide Business Plan Competition. This years Business Plan Competition will have a very distinguished panel of judges. Our goal was to have an area wide BYU standard business plan competition that was open to all - BYU Graduates - non BYU Graduates, old and young alike.
Though the competition got started a bit later than we hoped, we were still able to get submissions from Cambodia, Taiwan and Mongolia. We hope to make this an annual event. so we look forward to our receiving many more business plans from many other countries and chapters in the coming years.
The business plan submissions will be judged in two phases. The first phase will take place on Friday, May 17th, when a panel of judges will look at all the submissions and decide on the top 8 finalists. Those finalist will then present their plans before the entire BYU Management Society Conference on Saturday, May 18th at 10:20 am . Each finalists will give a 3 minute presentation pitch that can be a video or a speech. This will then be followed by an 5-8 minute Q & A sessions by the judges. Those finalists who our not able to attend the conference, we will Skype or Conference call them in to give their presentation and to answers any questions about their project.
As we did not receive enough applications in every category, the judges will choose the overall winner and allot the other cash prizes. The overall winner will also receive a ticket to fly to BYU in Provo Utah for the BYU Global Management Society Conference in the fall. They will be acknowledged at that conference as the BYU MS Asia Pacific winner and will also received a VIP tour of BYU Provo.
The BYU MS Asia Pacific would like to thank Dr Jason Scott Earl of the Willes Center for International Entrepreneurship at BYU Hawaii for his invaluable insights and help in our setting up this competition. Dr Earl will be one of our judges for this business plan competition. Without the fundraising help of BYU MS Hong Kong and BYU MS Taiwan Chapters this business plan competition would not have been possible.