Singapore Management University has announced the launch of the second Lee Kuan Yew Global Business Plan Competition with a total prize money of nearly US$70,000.

The LKY Global Business Plan Competition, which was first launched in October 2001, provides a unique platform for budding entrepreneurs to showcase their ideas.

The young minds will have the opportunity to test their ideas and pit their business skills against other students from top universities.

In the process, undergraduates will be able to interact with venture capitalists in the hope of securing funding.

This competition is in line with Singapore's efforts to attract promising entrepreneurs to build and grow their business here.

SMU president, Professor Ronald Frank said the university was highly encouraged by the response to the inaugural competition in 2001, which drew 203 entries from 73 universities spanning 19 countries.

The judging criteria will be based on six main points including the product's competitive advantage and the viability of the business plan.

Global Business Plan Competition is open to all tertiary students around the world and is organised with advisory assistance from the Wharton School of the University of Pennsylvania.

Teams that make it to the final will receive up to two return tickets and hotel accommodation in Singapore to compete in the final. Closing date for the competition is 24 March, 2004.

6 Finalists >>
Background >>
Rules & Regulations >>
Frequently Asked Questions >>
For more information, please visit the SMU website.