HSBC Young Entrepreneurship Awards 2006/7

This annual Business Plan competition is back again.

"The HSBC Young Entrepreneur Awards is a regional business plan writing competition that invites talented post-secondary students from Hong Kong and other Asian countries to display their creativity and business acumen.

The local competition will take place from September 2006 to March 2007. Gold Award winners from each country or territory will compete for the Best of the Best Awards in Hong Kong in June 2007. The team that wins the regional competition will be awarded an HSBC business development fund of HK$100,000."

The Awards is an open competition and exclusively for Malaysian undergraduates. Details of the entry criteria is available here.

Winners of the Gold Award will receive HSBC self-development fund of RM10,000 per team and the opportunity to compete with other gold winners at the Regional Competition in Hong Kong to win a HSBC business development fund of HK$100,000. Winners of the Silver and Bronze Awards will each receive RM7,000 and RM5,000 respectively, and a trip to Hong Kong.

Other Awards include Certificates of Excellence, Merit and Appreciation.

Last year, The Reimagineers, consisting of Samuel Wee and Ng Khai Lee, did Malaysia proud by taking home the regional grand prize. Their business plan “Artbank Co-op”, which involves the collection, printing and sale of digital art as posters, and their excellent presentation skills wowed the judges.

Other past ideas include the implantation of a biochip in the human body to observe and monitor key health indicators, and a new application on mobile devices and PCs that matches consumer needs with relevant products.

The closing date of submission for Round 1 is pretty soon, on December 5th.

As per my offer last year, any keen participants interested in some unsolicited offers of assistance from the little entrepreneur here, please do not hesitate to email me. I'd be more than happy to assist where I can.

Good luck!