Competition Launch and 1st Call for Applications: 7th July 2021
Information Day: First week of September 2021
Submission of Executive Summaries: Monday 20 September 2021
Panel of Judges Review Period
Announcement of Stage 1 Results: Tuesday 05 October 2021
Appointment of Mentors: 08 October 2021
Acceleration Program: 09 October 2021 - 3 December 2021
Networking Event: Wednesday 06 October 2021
Video Pitch Submission: November 15th 2021 *
Submission of DRAFT Business Plans: Wednesday November 10th 2021
Consultation on DRAFT Business Plans: November 15th - 19th 2021 **
Submission of Business Plans (Stage 2): 1st December 2021
Pitching Day (closed session): 13th December 2021
Final Conference and Award Ceremony: 15th December 2021
Note: Applicants and participants are strongly encouraged to regularly visit the Competition website for any updates/changes.
CyEC participants will be requested to develop their business plan in 3 incremental stages, with guidance and feedback. This 3-stage iteration enhances the learning experience of participants. Please check Terms & Conditions for participation. All teams that pass Stage 1 will attend Entrepreneurship Seminars and Business Planning Workshops and will be offered Mentoring.
Participants submit an Executive Summary of a pitch deck up to 4-7 pages long, where they outline:
i) The Business Idea
ii) The Competitive Advantages
iii) The Target Market
v) The Market Potential
vi) The Qualities of the Team
Application screening: Faculty and staff of C4E will screen applications to determine which will be sent to the judges for review. Applications that are incomplete, do not adequately provide the required information, or answer the application questions will not be sent to the judges for review. The decision of C4E is final.
All selected submissions are then evaluated by the CyEC Jury on their merits in developing successful businesses in the marketplace.
Participants who pass Stage 1 are required to submit a short video pitch which communicates their venture idea* and undergo an acceleration program organised in the context of CyEC. All teams will be assigned mentor(s). At the end of this program, teams are required to submit a well-developed Business Plan of their project idea. The assigned mentor(s) of each team will deliver a final assessment report to the CyEC panel of judges at the end of Stage 2. Mentors assessment report will be part of the final evaluation by the CyEC panel of judges.
The finalists are expected to present their Business Plans in a closed meeting with the CyEC Jury and the CyEC Mentors Network. All finalists are also required to present a 3-minute long pitch (live or recorded) of their business plan in an open audience at the CyEC Final Conference. The CyEC Jury evaluates and rates the submitted Business Plans and selects the winning teams. At the end of the Conference, the Award Ceremony will take place with the CyEC Jury announcing the winners and giving the awards.
* Video Format and requirements:
Please submit a 1-5 minute video pitch idea with a Youtube unlisted link. The video can be made in any way you find creative pitching your innovation. All members of the team can talk or you can assign the team’s speaker. Video quality will not be evaluated.
Once you upload your pitch video on Youtube make sure that it’s Unlisted not Private and send the link to firstname.lastname@example.org with the Subject name of your company.
** DRAFT Business Plans must be submitted by Monday November 8th at email@example.com to be reviewed by the appointed consultant.