| Teams may have up to five members. |
| At least one
member must have graduate-level business school experience
or five years of entrepreneurial experience. |
| Teams are free
to enter other business plan contests. |
| The contest is
for new, for-profit ventures in the seed, start-up, or
early stage, not for established businesses. |
| Spin-outs
from existing businesses are eligible, unless they are
at a mature stage (to be defined). |
| Team members must have
a significant (>10%) equity
stake in the venture to ensure team members are not
just acting as
consultants. |
| The presentation must be the original
work of the team. |
| The venture may not have received any institutional funding
of more than $500,000 prior to the preliminary round. |
