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香港社會企業挑戰賽 2012 Deadline

October 31, 2012

Overview

HKSEC believes it is important to “UNDERSTAND before Making CHANGE”.

Contestant who aims at becoming a social entrepreneur needs to be a down-to-earth person through living and interacting with people and problems, thus getting inspired with solutions. Therefore, it is important to understand more about social issues before constructing your social venture plan. Here are some resources to help you out.

 

Stages of Competiton

Phase 1 - Summary Submission

Each team will first submit a 5-page Summary of an innovative business model that addresses a social need.

Enrolment Deadline: Oct 31, 2012 (Wed)
Submission Deadline: Nov 27, 2012 (Tue)

Phase 2 – Business Plan Submission

The judges review the summaries and select 24 teams to compete in the SEMI-FINAL. Short-listed teams will be invited to write up their detailed 20-page business plans.

Submission Deadline: Jan 15, 2013 (Tue)

Phase 3 – Semi Final Presentation and Grand Final Presentation

24 Semi Finalist Teams will present their social venture ideas to the Judges on Feb 2, 2013 (Sat). 6 Teams will be selected as the Grand Finalist Teams.

6 Grand Finalist Teams will present their social venture ideas to the Judges to compete for Champions and Best Social Mission on Mar 2, 2013 (Sat).

Awards

All Semi Finalists will be eligible to compete for Category Awards and the Best Social Enterprise Idea.

In Grand Final, the judges will select two teams as Champions, one team as the Best Presentation and one team as the Best Social Mission.

The two Champion Teams will be awarded the startup prize money that will enable them to implement the first phase of their business plan for their social enterprise under mentorship. Each member of the Champion Teams who helps the implementation will receive a Startup Award of up to $48,000.

All Grand Finalists may apply for the CUHK I‧CARE Social Enterprise Startup Scheme to turn their business ideas into reality.

Eligibility and Registration

  • All students in diploma, associate, bachelors, masters and doctoral degree programs offered by any participating institution are eligible to take part in the competition.
  • All former students who were awarded their diplomas or degrees by any participating institution from January 2010 to the present are also eligible to take part in the competition.
  • Each team must consist of a minimum of 2 members but not more than 5 members.
  • Each participant can only be associated with one team.
  • Teams may be comprised of members from different participating institutions.
  • Interdisciplinary teams are encouraged, but not mandatory.
  • Each team must have one faculty advisor to confirm that team members are eligible and to give team members appropriate advice.
  • Teams are allowed to enter their plans in other business plan competitions.
  • Teams are allowed to add or change team members with no more than 50% changes in original team composition before the semi final booklet production.
  • Any form of plagiarism will result in disqualification.

Business Plan Themes

A HKSEC business plan may address any local, national, regional, or global social need. For example, you may address problems faced by senior citizens, medical patients, youth or new immigrants. The plan may address problems of poverty, healthcare, education, the environment, information and communication technology, social services, agriculture, distribution or manufacturing. The proposed business model may be nonprofit, for-profit, or a hybrid.

List of Participating Institutions

Chu Hai College of Higher Education
City University of Hong Kong
Community College of City University
Hang Seng Management College
HKU SPACE
HKU SPACE Community College
HKU SPACE Po Leung Kuk Community College
Hong Kong Academy of Performing Arts
Hong Kong Baptist University
Hong Kong Shue Yan University
Lingnan University
Savannah College of Arts and Design Hong Kong
School of Professional Education and Executive Development, The Hong Kong Polytechnic University
The Chinese University of Hong Kong
The Chinese University of Hong Kong – Tung Wah Group of Hospitals Community College
The Community College at Lingnan University
The Hong Kong Institute of Education
The Hong Kong Polytechnic University
The Hong Kong Polytechnic University – Hong Kong Community College
The Hong Kong University of Science & Technology
The Open University of Hong Kong
The University of Hong Kong
Tung Wah College
Vocational Training Council

Submission Rules

Business Summary

  • The Summary may be written in either English or Chinese.
  • The Summary should be no more than five pages including appendices.

Written Plan

  • The Written Plan may be written in either English or Chinese
  • The Written Plan’s text portion should be no more than 20 pages including the executive summary and summary financial data.
  • The Written Plan should address issues similar to those discussed above under “Summary”.
  • A panel of Judges will evaluate the Written Plan according to the judging criteria. The successful Finalists will be the team that offers Judges the most attractive social venture in terms of creating the greatest good for society subject to feasibility.
  • Once your Written Plan is submitted, it may not be modified. Developments in your plan subsequent to the submission of the Written Plan may be incorporated into your presentation but dramatic changes will undermine your credibility severely limiting your chances of winning the Competition.

Presentation

  • Twenty four Semi-Finalist teams will be randomly assigned into four divisions and compete on Feb 2, 2013. Six teams will be selected as Finalist on Mar 2, 2013.
  • In general only those team members confirmed by each team before semi final booklet production are recognized by the Organizer as being team members for the Presentation.
  • All members of each team must be present at the Presentation. Any absentee from each team may constitute disqualification unless having prior written approval from the Organizer.
  • It is not compulsory for all team members to speak in the Presentation, but each member is required to show up on the stage and support the presentation for each team.
  • Team members may present in either English or Chinese (Cantonese or Putonghua).
  • The Presentation may include any audio and visual aids that the Team considers appropriate.
  • The Presentation consists of 15 minutes without interruption from the judges followed by a question-and-answer session (15 minutes for Semi Final Presentation, and 20 minutes for Grand Final Presentation).
  • Judges may ask questions during the question and answer session using either English or Chinese (Cantonese or Putonghua).
  • Any team requiring proprietary software and equipment to demonstrate its plan is responsible for providing it and arranging installation.

Confidentiality and Intellectual Property

  • The authors of the business plan will retain all proprietary rights to the plan regarding its use at all times prior to and following the competition except as stated below.
  • The Organizer of the HKSEC will not ask judges, reviewers, helpers or the audience to agree to or sign non-disclosure statements.
  • All public sessions of the competition, including but not limited to oral presentations and question/answer sessions, are open to the public at large. Any and all of these public sessions may be broadcast to interested persons through media which may include radio, television and the Internet. Any data or information discussed or divulged in public sessions by entrants should be considered information that will likely enter the public realm, and entrants should not assume any right of confidentiality in any data or information discussed, divulged or presented in these sessions.
  • The Organizer may make photocopies, photographs, videotapes (DVDs) and/or audiotapes of the presentations including the Written Plans and other documents, charts or material prepared for use in the Presentations at the HKSEC.
  • The Organizer has non-exclusive world rights in all languages, and in all media, to use or to publish the materials in any other medium.

Judging Criteria

Judging takes place in three stages: (1) Summaries of all entries (2) Written Plans and Presentations of twenty four semi-finalists and (3) Presentations of six finalists. There will be different panels of judges for each of the three stages. Each panel will be made up of executives from businesses, NGOs and the government and may include businesspersons, civil servants, philanthropists, venture capitalists, and social entrepreneurs.

The best plan is the one that judges believe will generate the greatest social good subject to feasibility. Not only should the idea be attractive in terms of its potential for social value creation, the plan must be practical in terms of the likelihood of achieving success. The judges will consider the following criteria:

Concept

The concept should reflect an innovative, feasible approach to solving a serious social problem. The team should demonstrate a clear understanding of the issues it seeks to address and the economic and social drivers of the problem and its solution.

Context

The business plan should describe the market needs, size of opportunity, competitive landscape, potential risks and strategies for managing those risks. Special attention should be paid to the social, legal and governmental context of the problem and its solution. Regulatory, tax, and political issues may be important.

People

The team should demonstrate that it has or is able to acquire relevant skills, contacts, and expertise in order to accomplish its goals. The team should be credible in communicating the plan and its feasibility.

Social Impact

Though it is not necessary to compute quantified measures of the social impact, the team must be able to qualify the theory of change, that is, to define the impact value chain by illustrating how your business inputs, activities and outputs can generate outcomes and subsequent impact that aligned with your initial mission and goals.

Sustainability

The business model should be sustainable for the period of time consistent with achieving the desired social impact. The plan’s final projected year may involve ending the business, continuing operations at a constant level, stable growth, transferring ownership and control or replicating the business in other locations.

 

Details

Date:
October 31, 2012
Event Category:

Venue

Untitled
Room 951, Cheng Yu Tung Building, The Chinese University of Hong Kong, Shatin, New Territories Hong Kong
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Organizer

HKSEC
Phone:
+852 3943 1967 / +852 3943 1649
Email:
Website:
hksec.com
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