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TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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Page 1: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on
Page 2: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

www.ticamericas.netwww.ticamericas.net

TICTIC Americas – Introduction Americas – Introduction

TIC Americas is an international competition and award TIC Americas is an international competition and award program for young entrepreneurs that focuses on the program for young entrepreneurs that focuses on the preparation and implementation of business plans. preparation and implementation of business plans.

TIC Americas differentiates itself from other existing TIC Americas differentiates itself from other existing Business Plan Competitions by incorporating a prototype Business Plan Competitions by incorporating a prototype phase, training , investment, internships, among other phase, training , investment, internships, among other opportunities at a global scale.opportunities at a global scale.

Page 3: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas Focus Priority Americas Focus Priority Sectors Sectors

Teams comprised of young people from OAS Member Teams comprised of young people from OAS Member States and internationally are invited to submit business States and internationally are invited to submit business plans according to the following Rules and Terms of plans according to the following Rules and Terms of Reference in the following four sectors.Reference in the following four sectors.•TradeTrade – To encourage the exchange of goods and – To encourage the exchange of goods and services in the Americasservices in the Americas•TourismTourism – To promote the development of the tourisms – To promote the development of the tourisms industry, including cultureindustry, including culture•AgribusinessAgribusiness – To utilize the region’s agricultural – To utilize the region’s agricultural capacity to create economic growthcapacity to create economic growth•TechnologyTechnology – To increase the Americas technological – To increase the Americas technological capabilities and infrastructure.capabilities and infrastructure.

Page 4: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas Contestants Americas Contestants

•Men and women between the ages of 15 and 35 may be Men and women between the ages of 15 and 35 may be part of a team in the 2007 TIC Americas. All team part of a team in the 2007 TIC Americas. All team members (excluding mentors) must not be more than 35 members (excluding mentors) must not be more than 35 years of age prior to 11:59 pm of December 31, 2006. years of age prior to 11:59 pm of December 31, 2006. Proof of age will be required for winners.Proof of age will be required for winners.•Contestants must be citizens or legal residents of the Contestants must be citizens or legal residents of the country they are representing and be legally authorized to country they are representing and be legally authorized to start and operate a business in that country.start and operate a business in that country.•YABT staff, Board of Directors, and sponsors’ immediate YABT staff, Board of Directors, and sponsors’ immediate family members are not eligible to participate.family members are not eligible to participate.

Page 5: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas Teams Americas Teams

TIC Teams must include a minimum of three members TIC Teams must include a minimum of three members with the following:with the following:

•Chief Executive OfficerChief Executive Officer•Chief Financial OfficerChief Financial Officer•Chief Technical OfficerChief Technical Officer

Page 6: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas Mentors Americas Mentors

•A Team can have one or two mentors.A Team can have one or two mentors.•There is no restriction of mentors’ age, education, or There is no restriction of mentors’ age, education, or experience. experience. •Mentors can be part of only one TeamMentors can be part of only one Team•Mentors participate on a voluntary basis and will not be Mentors participate on a voluntary basis and will not be paid by the Team or YABT / TIC Americas. Universities or paid by the Team or YABT / TIC Americas. Universities or the larger business community may contribute volunteers.the larger business community may contribute volunteers.

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TICTIC Americas Who can be a Americas Who can be a mentor? mentor?

•University or other educational or instructional personnelUniversity or other educational or instructional personnel•Private sector representatives, e.g., Chambers of Private sector representatives, e.g., Chambers of Commerce and business associations.Commerce and business associations.•Experienced business managers and technical or Experienced business managers and technical or business expertsbusiness experts•Successful young entrepreneurs.Successful young entrepreneurs.•Any adult meeting the criteria set out for mentors in these Any adult meeting the criteria set out for mentors in these Rules.Rules.•YABT Staff, Board of Directors, or immediate family YABT Staff, Board of Directors, or immediate family members may not serve as mentors.members may not serve as mentors.

Page 8: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas What mentors Americas What mentors do?do?

•Answer questions or help find persons who can.Answer questions or help find persons who can.•Provide industry and functional experience in the Provide industry and functional experience in the technical area of the business or its operationstechnical area of the business or its operations•Help teams focus on tasks, meet schedules, organize Help teams focus on tasks, meet schedules, organize their time,their time,•Criticize, identify deficiencies, and recommend Criticize, identify deficiencies, and recommend improvements in the business plan improvements in the business plan •Evaluate a team's presentation during rehearsals.Evaluate a team's presentation during rehearsals.

Page 9: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas Awards Americas Awards

Spirit of EntrepreneurshipSpirit of EntrepreneurshipPresented to the team that best exemplifies the entrepreneurial spirit Presented to the team that best exemplifies the entrepreneurial spirit in the creation of a business attitude, team work, initiative, in the creation of a business attitude, team work, initiative, persistency, resourcefulness, overcoming personal or environmental persistency, resourcefulness, overcoming personal or environmental obstacles. obstacles.

Social EntrepreneurshipSocial EntrepreneurshipPresented to the team that best combines young entrepreneur Presented to the team that best combines young entrepreneur business innovation and acumen with social actions and business innovation and acumen with social actions and responsibility to create lasting change that positively impact the responsibility to create lasting change that positively impact the community, ;locally, nationally, or internationally. community, ;locally, nationally, or internationally.

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TICTIC Americas Awards Americas Awards

Business ProcessBusiness ProcessPresented to the team that develops or adapts and uses a new or Presented to the team that develops or adapts and uses a new or improved business process in developing their business or offering improved business process in developing their business or offering their product or servicetheir product or service

New MarketsNew MarketsPresented to the tram that whose product or service enters previously Presented to the tram that whose product or service enters previously untapped d territories or creates new demand or satisfies an existent untapped d territories or creates new demand or satisfies an existent

one in a different wayone in a different way

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TICTIC Americas Awards Americas Awards

Tradition and CultureTradition and CulturePresented to the team that builds on or integrates traditional Presented to the team that builds on or integrates traditional knowledge or technologies into today’s processes, products or knowledge or technologies into today’s processes, products or services.services. Creative DesignCreative DesignPresented to the team whose business process, promotion, website, Presented to the team whose business process, promotion, website, or other aspect of design features characteristics that are unique and or other aspect of design features characteristics that are unique and graphically new or interesting graphically new or interesting

E-BusinessE-BusinessThe team whose website presents the better system to carry on The team whose website presents the better system to carry on electronic operations, such as: selling of products/services, customer electronic operations, such as: selling of products/services, customer support, information delivery, etc.support, information delivery, etc.

Page 12: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Americas Final WinnersAmericas Final Winners

•Prize Nominated CertificationPrize Nominated Certification•IncubationIncubation•Cash Award Cash Award •InternshipsInternships•Education OpportunitiesEducation Opportunities•Technical ServicesTechnical Services•In each category will be awarded:In each category will be awarded:•Certificate as TIC Americas WinnerCertificate as TIC Americas Winner•Opportunity to compete in the Global TIC in TaipeiOpportunity to compete in the Global TIC in Taipei•Travel for one team representative to Taipei: including ticket round Travel for one team representative to Taipei: including ticket round trip, accommodation, meals and local transportationtrip, accommodation, meals and local transportation•Cash award - $5,000 / investment opportunityCash award - $5,000 / investment opportunity•Opportunity to showcase project in an international arenaOpportunity to showcase project in an international arena•Incubation services for one yearIncubation services for one year•Internship opportunity at an international levelInternship opportunity at an international level

Page 13: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

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TICTIC Global Final WinnersGlobal Final Winners

•Prize Nominated CertificationPrize Nominated Certification•IncubationIncubation•Cash Award (15,000 USD) Cash Award (15,000 USD) •InternshipsInternships•Education OpportunitiesEducation Opportunities•Technical ServicesTechnical Services

Page 14: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

20062006

October 15 – December 15October 15 – December 15 Registration Process Registration Process

December 15 – January 14December 15 – January 14 Concept PaperConcept Paper

20072007

Starts January 15,Starts January 15,

on-goingon-going

Business Opportunity Online Training Camp Business Opportunity Online Training Camp (BOOTCamp)(BOOTCamp)

Ends by March 15Ends by March 15 Market Study, Prototype, and Website Market Study, Prototype, and Website

April 1April 1 Business Plan Presentation -Business Plan Presentation -

April 2 - May 1April 2 - May 1 Online Semifinals, Business Plan Evaluation Online Semifinals, Business Plan Evaluation

May 2May 2 Announcement of FinalistsAnnouncement of Finalists

May 31 – June 2May 31 – June 2 TIC Americas Finals in Panama TIC Americas Finals in Panama

Global TIC PreparationGlobal TIC Preparation

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TICTIC Americas - CalendarAmericas - Calendar

Page 15: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

On-line Semi-FinalsOn-line Semi-Finals

Business PlanBusiness Plan Simulation ScenariosSimulation Scenarios Market Study / Prototype / Web siteMarket Study / Prototype / Web site

Finals in Panama CityFinals in Panama City

Booth ExhibitionBooth Exhibition Prototype and Plan PresentationPrototype and Plan Presentation Commercial VideoCommercial Video Semi-Finals Awards PresentedSemi-Finals Awards Presented June 1: Finals Awards PresentedJune 1: Finals Awards Presented

TICTIC Americas Judging CriteriaAmericas Judging Criteria

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Page 17: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

TICTIC Americas Online PlatformAmericas Online Platform

With the collaboration of MeWorks, YABT will With the collaboration of MeWorks, YABT will develop the online platform for the Virtual develop the online platform for the Virtual CompetitionCompetition

This platform serves as the main tool for This platform serves as the main tool for communication between participants, mentors, communication between participants, mentors, and organizers, as well as for the online and organizers, as well as for the online evaluation.evaluation.

Furthermore, the DIY service of MeWorks will Furthermore, the DIY service of MeWorks will assist participants to create / build-up their assist participants to create / build-up their companies’ website for the competition.companies’ website for the competition.

www.ticamericas.netwww.ticamericas.net

Page 18: TIC Americas – Introduction TIC Americas is an international competition and award program for young entrepreneurs that focuses on

Roy L. Thomasson Director Ejecutivo

Young Americas Business Trust Organización de los Estados Americanos

1889 F Street NW #7531889 F Street NW #753Washington, DC 20006 USAWashington, DC 20006 USA

E-mail: [email protected]: [email protected]: 202-4583641Tel: 202-4583641Fax: 202-4583744Fax: 202-4583744

www.ybiz.netwww.ybiz.netwww.myybiz.netwww.myybiz.net

Alianza para Jóvenes EmpresariosAlianza para Jóvenes Empresariosen las Americasen las Americas

Alliance for Young EntrepreneeursAlliance for Young Entrepreneeursin the Americasin the Americas