PHASES OF THE COMPETITION

1. Registration & First Round: Online application opens at 09:00 hrs. (Bangkok Time) on Tuesday December 1st, 2020. All submissions must be uploaded to http://bbc.sasin.edu by 23.59 hrs. (Bangkok Time) on Sunday January 3rd, 2021.
   1. Each team is required to submit a Pitch Deck in accordance with the provided template at
      http://bbc.sasin.edu by 23:59 hrs. (Bangkok time) on Sunday January 3rd, 2021 (see section IV).
      All topics from the template must be included in the submitted Pitch Deck. Modifications to the
      submission may be done up to this deadline
   2. Each team may also submit a web link (URL) to a 60-second Video Pitch previously uploaded to
      YouTube, with access given to the organizers. This is optional, but highly encouraged by the
      judging panel.
   3. Selected teams and their faculty advisors will be individually notified via email on Wednesday
      January 20th, 2021. Each team member and advisor must then confirm his or her Intention of
      Participation by replying to bbc@sasin.edu by Sunday January 24th, 2021.
   4. Should any of the selected teams relinquish their right to participate further in the competition
      by failing to confirm their Intention of Participation within the deadline or otherwise, we
      reserve the right to invite the next best team to fill up the vacancy. A public announcement and
      draw of the selected teams will be made by Thursday February 4th, 2021. If, after the public
      announcement, any of the selected teams relinquish their right to participate further in the
      competition (despite having previously confirmed their Intention of Participation), we reserve
      the right to invite the next best team to fill up the vacancy. If such an eventuality is to be
      realized, the replacement team will be given at least 5 days from the moment of notification to
      submit their Full Written Business Plan.
   5. We reserve the right to refuse participation in the subsequent year's competition from
      institutions whose teams have confirmed their Intention of Participation but then fail to
      participate further in the competition in Bangkok. Under such an eventuality, the highest
      authority governing the concerned institutions (i.e. Rector/President of the University, Dean of
      the Faculty, etc.) will be formally informed in writing.
   6. Teams representing Thai Academic Institutions will be eligible for BOTH the Thailand and Global
      Competitions, and must acknowledge and agree to participate should this eventuality be
      realized.
2. Global Competition
   1. Platform Testing:
      Each of the 19 qualified and participating teams are obliged to attend platform testing and
      briefing sessions. Should there be any need to improve a participating team’s ability to
      compete virtually (e.g. network connection, video/audio quality, lighting, etc.), they must try to
      do so to the best of their ability.
   2. Full Written Business Plan Submission:
      Each of the 19 qualified and participating teams will need to submit a Full Written Business
      Plan in PDF format to bbc@sasin.edu by 23.59 hrs. (Bangkok time) on Wednesday February
      24th, 2021.
   3. 60-Second Pitching Round:
      Evening session of Monday March 8th, 2020. One representative from each of the 20 Semi-finalist teams will present their venture idea in front of a panel of judges in 60-seconds or less, without visual aids or props of any kind. The winner will be announced and awarded with a prize at the event, but the scores will NOT be included in the main competition.
   4. SAA Network Coaching Round:
      Monday March 1st to Tuesday March 2nd, 2021. Each Semi-finalist team will be able to practice their Formal Presentations in a pre-competition practice round. The panel of experienced investors, entrepreneurs, and business professionals of the Sasin Alumni Association Network (SAA Network) will then provide frank verbal and written feedback to the Semi-finalists with regards to their Formal Presentations. Compiled scores are only for providing feedback and will NOT be included in the business plan competition.
   5. Semi-final Round:
      Wednesday March 3rd to Saturday March 6th, 2021. Without an official announcement, the top 4 teams from the First Round will be separated into four different groups (A, B, C and D). After which, all remaining teams will be randomly placed in each group to make up 5 teams per group. The 20 Semi-finalist teams will then present their business plans to their respective
      panel of judges, from whom they will receive oral and written feedback - see Section VIII. The winner of each group will immediately proceed to the Final Round.
   6. Play-off Round:
      Morning and afternoon of Sunday March 7th, 2021. The second and third ranked teams from each group (A-D) will be offered a second chance with a different panel of judges. The second ranked teams from groups A and C and the third ranked teams from groups B and D will form a group of four to compete for a seat in the Final Round. Similarly, the third ranked teams from
      groups A and C and the second ranked teams from groups B and D will also compete for a chance to join the Final Round.
   7. Sustainability Award Round:
      Afternoon session of Monday March 8th, 2021. After the 20 Semi-finalists’ Written Business Plans, Virtual Venture Exhibits, and presentations have all been reviewed, 4 teams will be chosen by the Sustainability Award Committee to compete for H.R.H. Princess Maha Chakri Sirindhorn’s Sustainability Award and Trophy.
   8. Final Round:
      Morning and afternoon of Tuesday March 9th, 2021. The 2 Play-off Round winners will join the 4 Semi-final Round winners in the Final Round. A random sequence of teams will then present their business plans to a panel of judges, from whom they will receive oral and written feedback - see Section VIII. The winner will receive the H.M. The King's Award.

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