Format & Rules

Rules for Global Entry 

Team Eligibility (Global Teams)

• Full-time undergraduate students from any foreign university, regardless of year or discipline, excluding those from Hong Kong.
• Students must register in a team of 2 to 4 members from the SAME university with at least 1 full-time business undergraduate.
• Cross-university collaboration is NOT permitted; however, cross-disciplinary collaboration is encouraged but not mandatory.

General Rules and Requirements: 

• All participants are expected to uphold a strong sense of sportsmanship throughout the entire competition.
• All submissions should be uploaded to a designated Google Form (Link will be provided at a later stage after registration) on or before the announced deadline by the Team Captain.
• Late submission of any required materials will be assumed by HKFBS as withdrawal from the competition.
• No re-submission or modification of any submitted materials will be allowed.
• Failure to comply with any of the competition rules may result in disqualification. 
• HKFBS reserves the Final right of decision in case of any disputes regarding the competition.

First Round: 

• Teams are strongly encouraged to attend the Grand Opening Ceremony but are not required.
• All teams should submit a 5-page Executive Summary according to the theme.
• Specifications of the Executive Summary: 
  • The 5-page Executive Summary should include the Introduction, Problem Statement, Business model, Revenue model, etc.
  • The length of the Executive Summary should NOT EXCEED 5 A4-sized pages. 
  • Cover page is required, and should ONLY contain the team number and topic of the proposal. 
  • Names of the team members and universities should NOT appear in the Executive Summary.
  • Cover page, table of content, appendix, and references will not be marked.
  • The font Times New Roman in the size of 12pt with 1.5 line spacing and 1-inch page margin must be applied.
  • The Executive Summary should be submitted in pdf format and names with your team number (E.g. Team_22999.pdf) (The team number will be provided after registration).

Semi-Final:

• 10 teams will be selected as Semi-Finalists to compete together.
• All Semi-Finalists will be required to submit a 15-page written proposal with full details of their business idea, including but not limited to financial analyses and projections, marketing plans, implementation timeline, etc. 
• The Semi-Final presentation will be in the format of a 5-minute uninterrupted presentation, followed by a 7-minute Q&A by the Evaluation Committee.
• The time limit for the Q&A session will be applied to the presenting teams’ responses and the time used by the Evaluation Committee in raising questions.
• Semi-Finalist teams may choose to attend the Semi-Final presentation in person or virtually via Zoom. Attending in person is strongly encouraged, but the mode of presentation chosen will NOT impact the results.

Grand Final:

• 5 Semi-Finalist teams will be selected as Finalists.
• All Finalist teams will be required to submit a maximum 20-page written proposal.
• The Final presentation will be in the format of a 10-minute uninterrupted presentation, followed by a 10-minute Q&A session by the Evaluation Committee.
• The time limit for the Q&A session will be applied to the presenting teams’ responses and the time used by the Evaluation Committee and opponent team in raising questions.
• All Finalist teams will be required to attend the Final presentation in person.
• All non-Finalist teams are welcomed but not required to attend the Grand Final in person.
• Certificates of Participation will be delivered to the Team Captain after the Grand Final.