You can call us here: 540-443-9100

Student Track: VT KnowledgeWorks Global Student Challenge & $25,000 Prize

First Place Winning Team:
  • Ecosy - Vincent Murray andColm Connolly of Queen's University, Belfast,Northern Ireland
Runner-up Teams:
  • EasyCheck - Inbal Gutman,Hadas Geva, Efrat Nel, and Shahar Peled of theRuppin Academic Center, Israel
  • T2T - Ben Giambrone and SinanAssaf of the University of Kent, England

THE CHALLENGE
ThisSeptember 9 elite student teams from around the worldwill gather in Blacksburg, Virginia, USA to celebrateglobal entrepreneurship and to compete for the VTKnowledgeWorks Global Challenge Trophy. Theobjectives of the challenge are to celebrate the energyand ingenuity of university students, recognize theirimportant contributions to the global economy, andencourage students to develop their entrepreneurialideas.

The VT KnowledgeWorks Global Student Challenge will beheld at the The Hotel Roanoke & ConferenceCenter, including:

September 1, 2010

10:00 a.m.
Entrepreneurship in the 21st Century
By Jim Flowers, Director of VT KnowledgeWorks

12:30 p.m.
Buffet Lunch

1:30 p.m.
Entrepreneurship in the 21st Century Continued

5:30 p.m.
Networking Reception

7:00 p.m.
NCTC Fall Gala


September2, 2010

8:00 a.m.
Continental Breakfast

8:30 a.m.
Global Student Business Concept Challenge

12:30 p.m.
Awards Presentation and Lunch






$25,000 PRIZE
Students will compete for a $25,000 grandprize and VT KnowledgeWorks Global ChallengeTrophy. The Award itself is a travelling trophythat will reside throughout the year at the homeinstitution of the winning student team. At theclose of each annual celebration and final competitionthe name of the winning team, their university name, andtheir home city will be etched into the base of thetrophy as a permanent tribute to their outstandingeffort. The top two runners-up will receive $2,500cash awards, as well.

Thanks to our generous sponsors participating students will incur no food or lodging expenses during their week-long stay in Virginia. Expenses per student include only transportation to and from their home countries to the Roanoke Regional Airport, and a minimal competition and event registration fee. Faculty or chaperones accompanying student teams will receive special rates for hotel lodging, and will be included in many meal-time events, but will, unfortunately not be fully subsidized. Please contact Lindsey Eversole if you have any questions.

ELIGIBILITY
Only full-time, university students areeligible to participate in the Global Student BusinessConcept Challenge. Students may elect to work in teams ofup to five members. Eligibility for the finals is basedon winning a significant student business conceptcompetition in the team's home region. Eachregional institution desiring to send a winning studentteam to The Challenge must register via the Intent to Compete submission online.

If a University/Institution is interested in sending astudent team to the VT KnowledgeWorks Global Challengebut does not currently run a student competition in theirregion, please contact Lindsey Eversole. We recommend using this Competition Model if the University is interested in running their first-ever student business concept competition in their home region.

REGISTRATION
1. Reserve a spot for the winning student team in yourregion at the Global Student Business ConceptChallenge. Each institution must submit an Intent to Compete registration online. A $250 team participation fee is required with the registration online. To pay by check or wire transfer please contact Lindsey Eversole for more information. You will also need to submit a completed Intent to Compete Form upon payment by check or wire transfer.
Submit an Intent to Compete form

2. Once your institution receives email confirmation of areserved place in the finals, each member of your winningstudent team and any accompanying faculty or chaperones must register individually. Personal reservations will be available online and registration will close July 30, 2010.

3. Please direct any questions to Lindsey Eversole to ensure a student team's eligibility. All student presentations at the Challenge must be made in English.

PRESENTATIONGUIDELINES
Each student finalist will present their businessconcepts at The Hotel Roanoke before a panel of judges,as well as event attendees. Student teams should preparetheir presentation and PowerPoint based on the followingrequirements:

  • Presentation Guidelines
  • Judging Criteria: Judges will rank the finalists; and awards will be presented at the Awards Ceremony immediately to follow.


Maximum Score
Clear Description of Product or Service and its Features
10
Concise Description of Underlying Technology and Required Development for Product or Service
10
Expected Customer Base and Match of Product/Service Characteristics to Their Needs
20
Market Size Description (growth rate, etc)
10
Competitive Position in the Chosen Market
20
Value Proposition: How will the company make money
20

Funding Needs and Potential Sources

10

Total

100



SCHEDULE OF EVENTS
August 29 ~ September 4, 2010
The contestfinals are part of a week-long celebration of studententrepreneurship, including:


Sunday, August 29
  • Student teams arrive and meet host families
Monday, August 30
  • Late start for jet-lag relief
  • Student teams meet their host companies
  • Formal welcome dinner hosted by Virginia Tech Office of Outreach and International Affairs
Tuesday, August 31
  • Student teams continue host company experience
  • Student teams meet Virginia Tech student hosts for campus tour and shopping
  • Informal indoor/outdoor dinner
Wednesday, September 1
  • Student teams shift to the Hotel Roanoke
  • Entrepreneurship in the 21st Century Workshop
  • Networking Reception
  • NewVA Corridor Technology Council Annual Gala Dinner
Thursday, September 2
  • VT KnowledgeWorks Global Student Business Concept Challenge and Awards. Student presentations at the Challenge must be made in English.
  • Return to Blacksburg for reception, informal dinner, and further recognition of student team winners
Friday, September 3
  • Student teams re-join host companies
  • Extended shopping opportunity at New River Mall
  • Student teams join VT students at The German Club for cookout and party
Saturday, September 4
  • Departure

Contact
Company: VT KnowledgeWorks
Street: 1715 Pratt Drive, Suite 1000
Postal/City: Blacksburg, Virginia 24060
Email: info@vtknowledgeworks.com
Phone: 540-443-9100
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