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Business

The Business category challenges students to create innovative business solutions that contribute to the United Nations Sustainable Development Goals (SDGs). This category encourages participants to think creatively about how businesses can drive positive social, environmental, and economic change. Whether launching new products, services, or improving existing ones, students will design business ideas that align with the SDGs and aim to make a lasting impact on society and the planet.

Entrepreneurship

Students in this category will create a business plan for a new product, service, or technology that helps achieve one or more of the SDGs. The business plan should clearly define the target market, customer needs, competitive landscape, and the unique value of the product or service. Students will need to outline the production and delivery methods, pricing strategies, promotional plans, and other key details for bringing their product or service to market. The business plan must also demonstrate a strong understanding of the SDGs and explain how the business idea directly contributes to their

achievement.

Application Guidelines

-Team Setup:

   Each project can be prepared and presented by 1 to 4 students.

 

-Business Plan Requirements:

   The business plan should include a 2-page executive summary and should not exceed 10 pages in total.

   All documents must be in English.

-Submission Format: All submissions must be in PDF format. Financial figures should be converted to US dollars.

Judging Criteria

1. Innovation: Does the business concept offer a novel or disruptive solution that directly supports one or more SDGs?

 

2. Feasibility: Is the concept realistic and achievable? Are key milestones clearly defined, and can the product or service be delivered successfully within the timeline?

 

3. Market Need and Profitability: Is there a demonstrated market need for the product or service, and does the plan provide a clear and realistic path to monetization?

 

4. Impact on the SDGs: How effectively does the business plan align with and contribute to the United Nations Sustainable Development Goals?

 

5. Team Capability: Does the team show a strong understanding of the market, risks, and competition? Have they identified key risks and developed strategies to mitigate them?

 

6. Logics: Was the business concept presented logically, persuasively, and enthusiastically?

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