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. Thailand Competition
   1. Online Workshops:
      Each of the 12 qualified and participating teams will be invited to join two online workshops to
      refine the participants’ ventures and their pitching skills – more details will follow
   2. Full Written Business Plan Submission:
      Each of the 12 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 Friday February 12th, 2021. The winner of BBC Thailand 2021 will subsequently have to submit an updated version in PDF format to bbc@sasin.edu by 23.59 hrs. (Bangkok time) on Wednesday February 24th, 2021.
   3. SAA Network Coaching Round:
      Morning session of Friday February 19th, 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.
   4. Semi-final Round:
      Afternoon session of Friday February 19th, 2021. Without an official announcement, the top 3
      teams from the First Round will be separated into three different groups (A, B, and C). After
      which, all remaining teams will be randomly placed in each group to make up 4 teams per
      group. The 12 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
      top two teams of each group will proceed to the Final Round.
   5. 60-second Pitching Round:
      Evening session of Friday February 19th, 2021. One representative from each of the 12 Semifinalist 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.
   6. Final Round:
      Morning session of Saturday February 20th, 2021. A random sequence of six teams will present
      their business plans to a panel of judges, from whom they will receive oral and written
      feedback - see Section VIII. The winner of BBC Thailand 2021 will then be invited to join 19
      other teams in the BBC Global 2021 Semi-final Round. Should the invitee already qualify from
      the First Round, this progression will pass on to the team immediately below them instead.

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