MSC-IHL Business Plan Competition 2005. Background For students and researchers of IHLs to increase the level of awareness of technopreneurship Competition

MSC-IHL Business MSC-IHL Business Plan Competition Plan Competition

20052005

BackgroundBackground

For students and researchers of IHLs to increase the level of awareness of

technopreneurship Competition committee

– UTM – Chair;– USM – Vice-Chair;– UKM - Member;– Universiti Malaysia Sabah - Member;– UPM - Member;


Aug 2004, 25 out of 200 ideas converted into business plans.

Finals day 1 - workshop to prepare finalists on business presentation.

Final day 2 - actual presentation of business plans.

panel of judges - Bank Pembangunan, MARA, IBM, Microsoft, and MAVCAP


The winners of 2004 competition :– Winners - Inovaseer, UTM– 1st Runners-up – Fiber Magnetic, UTM– 2nd Runners-up – ASIS, UPM– Merit Winners – High Performance Coating

Technology, USM– Merit Winners – Excel Group, UPM

ObjectivesObjectives

encourage culture of technopreneurship in IHLs

identify commercially viable ideas & compelling IP (Intellectual Property) for development into ICT SMEs.

ObjectivesObjectives

provide exposure & knowledge of key competencies in becoming successful technopreneur.

encourage students & researchers from diverse backgrounds to share their business ideas, and form teams that leverage on both technology & business competencies.

Scope of the CompetitionScope of the Competition

Open to Business Ideas and Business Plans that focus on Information & Communications Technology (ICT) and Bioinformatics only.

Participants (undergraduate students, postgraduate students, researchers, academic & non-academic personnel) may, however, be from any disciplines.

MSC Technopreneur Development’s Start-upMSC Technopreneur Development’s Start-upDevelopment Programme & Commercialisation ofDevelopment Programme & Commercialisation of

products and Servicesproducts and Services

to commercialize winners’ ideas & products. Start-Up Development Programme offeres

– Idea assessment and enrichment.– Venture plan development.– Business plan development.– Business assessment & advisory.– Access to funding.– Access to markets.

The 2004 Competition and The 2004 Competition and CommercialisationCommercialisation

2 of the 3 winners in 2004 had been inducted into the Start-up Development Programme

commercialization process will take a longer time due to the academic commitments of the members of the winning teams.

Nevertheless, they have thus far benefited fromthe Business Plan Development and Business Assessment & Advisory services.

Competition 2005Competition 2005CategoriesCategories

Business Idea Category– targeted at undergraduate students – ideas not yet been developed into a

prototype or product. Undergraduate students

– who happen to have prototypes and / or products must opt for the Business Plan category.

Competition 2005Competition 2005CategoriesCategories

Business Plan Category– targeted at postgraduate students,

researchers, academic and non-academic

– personnel who may have research projects, prototypes and / or products and services that they wish to commercialize.

The PrizesThe Prizes

The MSC-IHL Business Plan Competition Challenge Trophy– sponsored by MDC– The Challenge Trophy is awarded to each year’s

winner and is held for a year, after which it is passed on to the following year’s winner.

– The MSC-IHL Business Plan Competition Challenge Trophy for 2004 was won by UTM

The PrizesThe PrizesCompetition Category

Business Idea Business Plan

Grand Prize Cash: RM 3,000 Cash: RM 5,000

Voucher: RM 3, 000 Voucher: RM 3, 000

1st Runners Up

Cash: RM 2,000 Cash: RM 3,000


2nd Runners Up

Cash: RM 1,000 Cash: RM 2,000


Merit Prize # 1 Cash: RM 500 Cash: RM 500

Merit Prize # 2 Cash: RM 500 Cash: RM 500

The PrizesThe Prizes

The winners will be invited to sign up for the Start-up Development Services.

These services, with commercialization as the ultimate objective, include:– Idea assessment and enrichment.– Venture plan development.– Business plan development.– Business assessment & advisory.– Access to funding.– Access to markets.

The Sponsors of PrizesThe Sponsors of Prizes

Main Sponsors– Telekom Malaysia Berhad.– IBM Sdn Bhd.– Malaysia Debt Ventures Berhad.

Sponsor– Scicom (MSC) Berhad.

Competition 2005 ProcessCompetition 2005 Process& Timelines& Timelines

PHASE: Selection at IHL Timelines

IHL kicks off the Competition within own IHL Oct-Nov 2005

IHL receives all submissions of Business Ideas and Business Plans within own IHL

Oct-Nov 2005

IHL evaluates all Business Ideas and Business Plans submitted within own IHL

Oct-Nov 2005

IHL selects the best five (5) each of Business Idea and Business Plan for E-Lab

Nov-Dec 2005


IHL evaluates the best five (5) each of Business Idea and Business Plan who attended the E-Lab

Nov-Dec 2005

IHL selects and prepares the best (one of each) of Business Idea and Business Plan within own IHL for advancement to the Pre Qualification Phase

Nov-Dec 2005

IHL submits the best (one of each) of Business Idea and Business Plan for the Pre Qualification Phase

2nd week Jan 2006


PHASE: Pre QualificationMDC receives submissions of the best (one each) of Business Idea and Business Plan from each IHL. At this stage, all participants who have advanced to this stage are required to be prepared for possible selection for the Finals in Putrajaya / Cyberjaya

2nd week Jan 2006

A panel of judges (made up of MDC’s industry partners) evaluates the best Business Ideas and Business Plans from all IHLs.

3 rd - 4 th week Jan 2006

A panel of judges (made up of MDC’s industry partners) selects the best five Business Ideas and Business Plans to

4 th week Jan 2006


PHASE: Finals of the MSC-IHL Business Plan

Business Presentation to panel of judges made up of MDC and industry partners

Feb / March 2006

Actual date TBD Announcement of winners and Award Presentation Ceremony

Feb / March 2006


Entrepreneurship Lab (E-Lab)To impart knowledge of the key success

factors for technopreneurship and for the creation of a successful ICT business.

To impart knowledge on how to develop a Business Plan.


E-Lab is a 1-day event focuses on:– Technopreneurship as an alternative to a

professional career.– The key success factors for creating a

successful ICT business.– Market & technology trends.– Business Model.– Go-To-Market Model.– Sales & Marketing Strategies and Plans.– Financial Projections.– Funding Requirements & Strategies.


The Location of E-Labs

Northern Region – USM (Proposed)

Central Region – MMU (Confirmed)

Southern Region – UTM (Confirmed)

Sarawak – Universiti Malaysia Sarawak (proposed)


Actual Submission Dates for the Pre Qualification

Actual dates for the submission of Business Ideas and Business Plans for the Participating IHLs will be notified by eMail and post. Notifications will also be posted on the www.technopreneurs.net.my website.


Finals and Awards Presentation Ceremony

The actual dates for the two-day event will be determined and announced at a later date. Participating IHLs will be notified by eMail and post. Notifications will also be posted on the www.technopreneurs.net.my website.


Location of the Finals

The staging of the Finals of the MSC-IHL Business Plan Competition 2005 will be

either in Putrajaya or Cyberjaya. Actual location and actual dates will be determined at a later stage. IHLs and participants will be notified by eMail and information will be posted on www.technopreneurs.net.my


E-LABS Costs Borne By

E-Lab Facilitation MDC

E-Lab Hosting Host IHL / Arrangement between visiting IHL and host IHL

FINALS IN PUTRAJAYA / CYBERJAYA

Travel to / from Putrajaya / Cyberjaya for Finals

Respective IHL

Hotel & Catering MDC


Event organization MDC

Public Relations & Media MDC

Trophies & certificates for Winners MDC

Souvenirs for Guest-of-Honour, judges, organizers

MDC

Cash prizes & vouchers for Winners Telekom Malaysia Berhad, IBM Sdn. Bhd. , Malaysia Debt Ventures Berhad, Scicom Berhad

GuidelinesGuidelines

How to Enter– must register your IHL’s participation by 31

October, 2005. – The Competition organizer within your IHL will act

as the liaison with the Competition Organizing Committee.

– Participation in the Competition by individuals and teams must be under the auspices of their respective IHLs.

– There is NO FEE required to be paid to participation in the Competition.


Confidentiality and Intellectual Property Guidelines– The participating teams and their

respective IHLs will retain all rights to their Business Ideas, Business Plans and / or Intellectual Properties.


– Copies of Business Ideas and Business Plans submitted for the Pre Qualification and Finals phases of the Competition will be kept strictly confidential by MDC and all judges on the judging panel.


– Oral presentations and Q&A sessions during the Finals are open to MDC, the organizers, fellow participants and invited guests during the Finals. As such, MDC, the organizers and the panel of judges shall not be held responsible for any information discussed or revealed during the Finals that will likely to enter the public domain


Eligibility– All Business Idea and Business Plan

submissions must be in the areas ICT or bioinformatics.

– The MSC-IHL Business Plan Competition is open to all full-time undergraduate students, postgraduate students, researchers, academic and non-academic personnel of all public and private IHLs.


– Partnering with a foreign researcher or student is allowed as long as 70% of the team composition, production and ownership of the Business Idea or Business Plan is local.

– Adjunct Professors or Visiting Professors are not allowed to participate.


– Participating teams must consist of members who are enrolled or employed by the IHL for the entire duration of this year’s competition from October 2005 through to March 2006. If for any reason a team member is not registered, resigns, or terminates his or her enrolment or employment contract with the IHL at any time during the competition, that team member will automatically be disqualified from further participating in the competition. However, this does not necessarily disqualify the entire team.


Team Composition– Business Idea category

All teams must be composed of up to three (3) undergraduate students only.

– Business Plan categoryTeams can be composed of any combination postgraduate students, researchers, academic and non-academic personnel.


Business Idea and Business Plan Submission Guidelines– must be in accordance with the MSC-IHL

Business Idea and MSC-IHL Business Plan templates provided at www.technopreneurs.net.my.

– All submissions must be in softcopy format in either Microsoft Word or Adobe Acrobat PDF formats, according to the following document settings:

GuidelinesGuidelines Paper size: A4. Paper orientation: Portrait (except where the inclusion of

tables and graphs necessitate the landscape format). Margins: Top and Bottom at 1 inch, Left and Right at 1.25

inches. Font type: Arial. Font Size: size 11 (headings may be of a bigger font size). Line spacing: Single. All submissions must be made to

[email protected]. Submissions must adhere to timelines as per Process &

Timelines above.


Business Presentation Guidelines at the Finals– Each team will be given 20 minutes to

present its Business Idea or Business Plan. This will be followed by a 10-minute Q&A session between the team and the panel of judges


– Time limits will be strictly enforced. During the team presentation, the presenting team will be alerted five (5) minutes and one (1) minute before the end of the allocated time of twenty (20) minutes.


– All members of the team are encouraged to participate in the formal presentation of the Business Idea or Business Plan and the Q&A session that follows. This demonstrates teamwork and appropriate allocation of focus areas of expertise


– The presentation room will be set up with the following equipment:-

1 LCD Projector 1 Flipchart 1 Microphone 1 Whiteboard


– Teams presenting their Business Plans are allowed to demonstrate their prototype or product. However, this must be communicated to the organizers prior to the presentation day. All equipment and props required for the demonstration must be provided by the team. (continue…)


(..continue) All equipment and props must be set up and dismantled within the allocated timeframe of twenty (20) minutes for the presentation if the demonstration is set up on the same day of the presentation. If the demonstration is set up a day before the presentation day the equipment and props must not impede the general proceedings of the Finals and presentations by other teams.


– All teams participating in the Finals are allowed to observe all Business Presentations and Q&A sessions during the Finals.

– All Business Presentations are required to be in Microsoft Powerpoint format downloadable from www.technopreneurs.net.my.

– Business Presentation Guidelines can be downloaded from www.technopreneurs.net.my.


Language Medium Used– English shall be language used for all

aspects of the Competition, including for the submission of Business Ideas and Business Plan and all presentations at the Finals.


Disqualification– The Competition Organizing Committee

reserves the right to disqualify any teams that do not adhere to these guidelines.

Templates and other Documents for Download– All templates and documents for

downloading are available at www.technopreneurs.net.my.


IHLs Invited to Participate in the MSC-IHL Business Plan Competition 2005– The following have been invited to

participate in the Competition. However, this does not preclude other IHLs not in the list below from participating in the Competition.


– Universiti Malaya (UM)– Universiti Kebangsaan Malaysia (UKM)– Universiti Putra Malaysia (UPM)– Universiti Sains Malaysia (USM)– Universiti Utara Malaysia (UUM)


– Universiti Teknologi Malaysia (UTM)– Universiti Islam Antarabangsa Malaysia

(UIA)– Universiti Malaysia Sabah (UMS)– Universiti Malaysia Sarawak (UNIMAS)– Universiti Teknologi MARA (UiTM)


– Universiti Pendidikan Sultan Idris (UPSI)– Universiti Multimedia (MMU)– Universiti Tenaga Nasional (UNITEN)– Universiti Teknologi Petronas (UTP)– Universiti Tun Abdul Razak (UNITAR)


– Universiti Perubatan Antarabangsa (UPA/IMU)

– Kolej Universiti Sains dan Teknologi Malaysia (KUSTEM)

– Kolej Universiti Teknikal Kebangsaan Malaysia (KUTKM)

– Kolej Universiti Kejuruteraan dan Teknologi Malaysia (KUKTEM)


– Kolej Universiti Kejuruteraan Utara Malaysia (KUKUM)

– Kolej Universiti Teknologi Tun Hussein Onn (KHuiTTHO)

– Lim Kok Wing University College of Creative Technology

– Malaysian University of Science & Technology

– Open University


– Universiti Tunku Abdul Rahman (UTAR)– Universiti Kuala Lumpur (UniKL)– University Industry Selangor– Asia Pacific Institute of Information

Technology (APIIT)– Sunway University College– Monash University Malaysia