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COMPETITION INFORMATION & RULES
Category 1: Idea Stage
For any students with any business idea.
Category 2: Open
Open to all students with more developed concepts: pre-start ups, launched last week, reasonably established or
worth $2 billion!
Competition Rules:
1. Up to 6 people in a team, and at least 1 team member must be a current university student
2. Teams may not employ a professional for the actual pitching
3. Students can enter more than one idea into the competition.
4. Each team must submit a video pitch (max. 2 minutes) by 5pm Friday 2 October.
5. No audio-visual equipment is allowed for the presentations (Semi-finals and Finals); however, prototypes or samples are encouraged.
Judging Criteria:
1. Presentation (40%)
How well the concept was presented
2. Concept Description (20%)
Idea and Unique selling point
3. Concept Analysis (20%)
Target market, growth opportunity, competitive advantage, competitors
4. Concept Development (20%)
Plans/procedure for the idea, delivery of product/service to the market
How to Enter:
Submit a short video of your pitch (max. 2 minutes) on the Register page
Submissions will be open on Friday 18 September and closes 5:00pm Friday 2 October
Successful videos will have the chance to do 3-minute pitch for expert judges at the Semi-Finals
Terms and Conditions of Entry:
1. The business idea that forms the basis of your entry must originate from one or more of the members of your
team.
2. If an idea has been patented by, or is the property of, a third party, the originator of the idea must agree in writing
to the use of the idea by your team and must be expressly credited.
3. The decisions of the Judging Panel will be final. No communication will be entered into with any person
in relation to any decision of the Judging Panel.
4. Competitors should not include technical details to a level which might affect their capacity to protect
and, at some future point, exploit their intellectual property through registered rights.
Need help getting your head around this competition? Click here to see some cool resources, or
register for the ‘Elevator Pitch Essentials’ Workshop - running at both Monash and Melbourne University!
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