Registration Deadline: June 14 2014
The G20 Global Business Challenge is a unique competition of graduate students from the worlds’ leading business schools and universities to leverage their capabilities with collaborators from the research and business communities to formulate proposed solutions to major global challenges.
The G20 Global Business Challenge (G20 GBC) is a multidisciplinary business case competition to design sustainable solutions incorporating new technologies and innovative business and financing models to a global challenge.
Competing teams will face off over two rounds to progress to the finals to be held in Brisbane as a leadup to the G20 leaders Summit. Round 1 is a virtual round – open to any team of postgraduate students from both business and technical disciplines – where they with pitch their ‘conceptual business solution’ comprising a combination of new technologies and innovative business and financing models.
Six finalist teams will be selected to come to an intensive 2 day lock-in phase where they will be required to address a series of specific constraints reflecting real-world issues in order to make their solution a reality. Finalists will present to a judging panel of global CEOs and financiers.
Finalist Teams will compete for a $US100,000 first prize with a host of other prizes for runners up and winners of specific categories.
The competition adopts on two underpinning themes: diversity and collaboration.
The competition aims to encourage as much diversity in solution designs as possible. Just as there are no single right answers to complex problems, the nature of the issued challenge demands Teams to look for highly innovative technologies and design novel business and financing models, that in their different configurations, maximises economic, social and environmental benefit.
Round 1 will be a ‘virtual’ elimination round to select the finalists. Teams will propose a conceptual business solution addressing the 2014 global business challenge. Teams will be required to prepare
- an Executive Summary and
- a 15 minute ‘pitch’ of their proposed solution.
From these submissions the judging panel will select six (6) finalist teams for Round 2 of the competition.
Round 2 will comprise a highly intensive two-day lock in period for the finalist teams and culminate in a presentation to the judging panel. During this time the teams will be required to prepare:
- 20 minute executive ‘pitch’;
- 30 minute oral defence of questions from the judging panel; and,
- Detailed (maximum 50 page) implementation plan of the proposed solution.
For More Information:
Visit the Official Webpage of the G20 Global Business Challenge