The First Round Results of HSUHK x SCMP Entrepreneurship Challenge 2021

We appreciate all participating teams submitting their start-up ideas for the HSUHK x SCMP Entrepreneurship Challenge 2021.  Believing that all teams strive their very best to prepare for their one-minute pitching videos and their business concept statements, our first-round adjudicators have found the submissions this year is of exceptional high quality.

Our Centre is excited to announce that the following teams have been shortlisted by our panel of adjudicators as the finalist teams for the HSUHK x SCMP Entrepreneurship Challenge 2021:

• EasyMed

• IU_deliver

• MINENOTES EDUCATION

• V-Born

• Vclub

The finalist teams would present their business plan during the HSUHK Entrepreneurship Day 2021 on 28 May 2021 (Friday).

Introduction:

The HSUHK x SCMP Entrepreneurship Challenge 2021 (E-Challenge) is jointly organised by Wu Jieh Yee Centre for Innovation and Entrepreneurship (WUCIE), Department of Marketing (MKT) and South China Morning Post (SCMP).

The objective of E-Challenge is to encourage the participating teams to turn their innovative business concepts into implementable start-up business plans. The winning teams will receive a cash prize, a seed fund, mentorship support and access to co-working space to help them implement their business plans. Furthermore, a fast-track opportunity of CCMF – YEP, Cyberport (valued HKD 100,000) will be provided.

Phase 1

Innovation and Entrepreneurship Certificate Workshops

A series of workshops will be organized for participants to prepare for the E-Challenge 2021.  It provides knowledge and insights for the students to prepare the business concept statement and video for the competition.

A certificate will be issued if students have joined at least 3 workshops in the E-Challenge 2021 Workshops Series.

Presentation on the Entrepreneurship Day:

The shortlisted teams will present their start-up business plans on Entrepreneurship Day (E-day), which is scheduled on 28 May 2021 (Friday). Entrepreneurship Day is another key annual activity of WUCIE during which you will have an opportunity to meet prominent business leaders, investors, alumni entrepreneurs, and other student entrepreneurs.

During that day, the finalists of the HSUHK x SCMP E-Challenge will have the opportunity to pitch their business plans to a panel of adjudicators comprising experienced entrepreneurs, senior executives and investors.

Each team will have 10 minutes for presentation, followed by a 10-minute Question & Answer session. It is not compulsory for all team members to present, but every member is required to participate in the whole event.

The final results of the Competition will be announced on the Entrepreneurship Day.

Owing to the pandemic, the training programmes and events might be held online or in a mixed-mode format.  Further details about the exact arrangement will be announced in due course.

Final Round Adjudicators

Timeline for E-Challenge and E-Day 2021

*The organising committee reserves the right of rescheduling the timetable and notification period.

AWARD

# MY FAVOURITE START-UP IDEA AWARD 

All participating teams of the E-Challenge are eligible for this award. The winning team will be awarded a cash prize of HK$5,000. To compete for this award, each team has to promote their start-up ideas by launching a social media campaign.

The relevant links and QR codes should be submitted through the online registration for preparing a joint announcement to the voters. Participation in this award competition is optional but late submission is not allowed.

The voting e-form will be sent to all students and staff in HSUHK on 19 April 2021. All students and staff members with a valid HSUHK personal email account are eligible to cast a vote for their favourite start-up idea within the period from 19 April to 21 May 2021, 5:00 p.m. The team which receives the highest number of votes will be the winner of this award.

The final result of “My Favourite Start-up Idea Award” will be announced during Entrepreneurship Day 2021.

RULES AND REGULATIONS OF HSUHK x SCMP E-CHALLENGE

• The team leader must be a student who is currently studying at the Hang Seng University of Hong Kong. He/She is a contact person and responsible for ensuring the team to submit all necessary information as requested by WUCIE, on or before the stated deadlines.
• Each student is eligible to join one team only. Teams will be disqualified if any team member(s) participate(s) in more than one team.
• No change of team composition will be allowed once the registration process is completed except in unavoidable circumstances.
• All submissions must be the team’s original work. Plagiarism is NOT allowed. The submission must not contain any unauthorised use of copyrighted or proprietary materials of any person or entity or content violating the law of HKSAR. Any form of plagiarism will result in an automatic disqualification. Use of thoughts or work of another source must be properly referenced.
• The video content of the elevator pitch must not infringe on any third-party rights (logos, music, intellectual property, etc.)
• The video must not contain obscene, violent, pornographic, defamatory, objectionable, insulting or any of the controversial and inappropriate content.
• All participants are required to abide by the rules and regulations of the HSUHK x SCMP Entrepreneurship Challenge 2021. WUCIE retains the right to determine the team’s participation qualification.
• The contact information of the participants would be sent to the co-organizer(s) and/or sponsor(s) for verification of the participants’ identity for issuing the certificates, prizes, souvenirs and online platform services.
• WUCIE reserves the right to modify the competition context at any time without prior notice and to disqualify any team that violates the rules, conditions or spirit of the Competition. In case of any disputes, the decision made by the organiser shall be final and conclusive.
• The decision of the organising committee is final. The organising committee reserves the right to reject any application submitted for Competition and the right to interpret, amend, supplement the terms and condition in the guidelines.

IMPORTANT NOTE

• By submitting the application to WUCIE, the teams agree to share their information to WUCIE for publicity and communication media in HSUHK. For materials that are highly confidential and proprietary, the team should make a special note to WUCIE for the special handling of such information.
• Photos & videos taken during the events will be used in promotion & media coverage by WUCIE, SCMP and HSUHK.