Challenge Rules

image of challenge rules

Here’s what you need to know to participate:

The Start Something Today challenge is open to current student entrepreneurs, regardless of where they are in their education and career journeys, to grow in a more sustainable way free of charge.

Start Something Today Challenge Overview

You will be responsible for:

* Writing your own business plan (3-5 pages)
* Pitching your business with a 3-5 minute YouTube.com video

Steps to Participate:

Step 1 – Submit a Page Business Plan (3-5 pages)

Participating students in the StartSomethingToday.org must submit a 3 – 5 page business plan outlining their business idea by 5:00 pm PST on December 15, 2013.

The Business plan must include the following:

•A brief summary of the business idea or product concept
•Describe why the business idea is special and/or important
•Describe the way the idea solves a problem or serves a need.
•Describe the competitive environment and your business competitive advantage.
•Identify the potential target market.
•Outline the risks and rewards of the business.
•Highlight the way the business will be marketed.
•Provide background of the presenter and their ability to develop the business idea into a successful business.
•Conclude with a “Call for Action” for assistance in the form of an investment, marketing or production support and/or a mentor as well as a proposal to the potential investor for the support of the business idea.

Optional Training Opportunities

Although not required to participate, if you’d like to put some structure around your innovative and entrepreneurship mojo, students and teachers that participate will receive free access to:

•Entrepreneurship training resources – Resources that will help you unlock your potential
•Business plan development training – Learn ideas from some of the best and brightest entrepreneurs on the planet
•How to pitch your business idea training – Learn tips on how to fine-tune your ideas and communicate them to potential investors

Business plans along with the video pitch will be reviewed by a panel of judges, who will then select a group of semi-finalists. All semi-finalists will be notified by January 15, 2014 and will be recognized for their accomplishments on the StartSomethingToday.org website.

Step 2 – YouTube Business Idea Pitch

Participating students in the StartSomethingToday.org must submit a 3 – 5 minute YouTube video outlining their business idea “pitch” in conjunction with the business plan listed above by 5:00 pm PST on December 15, 2013.

The YouTube Video Business Idea Pitch should include the following:

•A brief summary of the business idea or product concept
•Describe why the business idea is special and/or important
•Describe the way the idea solves a problem or serves a need.
•Describe the competitive environment and your business competitive advantage.
•Identify the potential target market.
•Outline the risks and rewards of the business.
•Highlight the way the business will be marketed.
•Provide background of the presenter and their ability to develop the business idea into a successful business.
•Conclude with a “Call for Action” for assistance in the form of an investment, marketing or production support and/or a mentor as well as a proposal to the potential investor for the support of the business idea.


How you will be judged and when:

•Leading entrepreneur and industry professionals from the various career sectors will be participating as judges
•Challenge ends December 15, 2013
•Winners will be announced by January 15, 2014

Rules and Regulations:

•One Submission Per Participant
•Business plans and YouTube Video submissions must be received no later than 5:00 pm PST on December 15, 2013
•Business plan submissions must comply with the entry submission rules provided

Questions?

Contact Bill Cullifer WebProfessionals.org Executive Director at 916 989-2933 or by email at bill at webprofessionals.org

Ready?

Follow this link to register today!

Important Legal Information

Disclaimer/limitation of liability
Notwithstanding anything to the contrary contained in these Official Challenge Rules or elsewhere, Sponsor makes available the Competition, the Competition Site, and any prizes on an “as is” basis and disclaims all warranties, including any warranties of merchantability and fitness for a particular purpose in connection therewith. Sponsor and its parents, subsidiaries, affiliates, agents, professional advisors, advertising and promotional agencies, and directors, officers, and employees thereof, shall not have any obligation, liability or responsibility for: (i) lost, late, incomplete, illegible, unintelligible, damaged, garbled, or misdirected entries, comments, votes, prize claims, notifications, or other communications; (ii) inaccurate entry information, whether caused by participant or by any of the equipment or programming associated with the Competition; (iii) any errors or malfunctions that may occur; (iv) any condition caused by events beyond Sponsor’s control that may cause the Competition to be delayed, disrupted or corrupted; (v) any error in any materials associated with the Competition; and (vi) any damages or losses of any kind resulting from participation in the Competition, accessing, transmitting, uploading or downloading data in connection with the Competition, or acceptance, possession or use of any prize. Any use of robotic, automatic, macro, programmed or like entry methods is strictly prohibited and will result in the disqualification of any participant or registered user using such methods and the voiding of any votes generated by such methods, in Sponsor’s sole discretion.

Release
By entering the Competition and/or by submitting comments on finalist entries, participants release and hold harmless Sponsor and its parents, subsidiaries, affiliates, agents, professional advisors, advertising and promotional agencies, and directors, officers, and employees thereof, from any and all claims, injuries, loss, damage, expenses, or liabilities of any kind arising out of or in connection with the Competition, participation in the Competition (including providing comments), or delivery, misdelivery, acceptance, possession, and use of, or inability to use, any prize, to the extent permitted by law. in no event will Sponsor be liable to a participant for any indirect, incidental, consequential, special, punitive, or exemplary damages arising out of, or in connection with the Competition, whether or not Sponsor has been advised, had reason to know, or in fact knew of the possibility of such damage.

Governing law and venue
The laws of the state of California govern the Competition and these Official Rules. Participants irrevocably consent to the exclusive jurisdiction of the courts of California with respect to any action or suit arising out of or pertaining to the Competition and these Official Rules (except where local law requires otherwise).

Reservation of rights
If for any reason, the Competition is not capable of being run as planned, the Sponsor reserves the right in its sole discretion to change these Official Rules, disqualify any individual who tampers with the entry process or operation of the Competition, and to modify, suspend, cancel or terminate the Competition. If the Competition is terminated early, the Sponsor may select Finalists and winners based on the comments received prior to the termination date or take any other action in its sole discretion to carry out the letter and spirit of these Official Rules.