29 April 2016
Business Plan Competition is Back!
Now bigger and even better with prizes worth up to IDR 550,000,000.


Have a Great Idea for a Business? Here's a Great Opportunity to Showcase your Talent!

STAND A CHANCE TO WIN prizes worth up to IDR 550,000,000!




The competition aims to foster entrepreneurial spirit among young students by providing them with an opportunity to turn an idea into a concrete business plan.



Registration Information:

  • The competition is open to all full-time students
  • Participants must be age 18 or below (for participants under 17 years old, please download and sign the Consent Form here)
  • Each team must consist of three students and one teacher mentor
  • The business plan must be an original idea written and presented in English
  • Each participant can only compete in ONE team
  • Registration is free



Competition Organizer:

  1. Singapore Institute of Management Global Education (SIM GE) and Universitas Pelita Harapan (UPH), Surabaya.
  2. The organizers reserve their rights to make changes to the terms and conditions as contained in this document, without prior notice. 
  3. The decisions by the judges and organizers are final.



Structure of Competition:

Preliminary Round

  • Teams are given three minutes to present their business ideas to the panel judges in a video recording (details as in "Procedures")
  • Winners of the preliminary round qualify for Round Two (18 teams)

Round Two

  • Teams qualified for Round Two will attend a coaching workshop for business plan proposal writing.
  • Teams will submit a two-page executive summary in English
  • Six winners will be selected to the Grand Finals

Grand Finals 

  • Finalist will submit a full business plan in English
  • Finalist will present their business plan to a panel of judges
  • Winners will be announced during the UPH festival on 20 August 2016




A. Participants are required to register as a team of three members in the prescribed form downloadable from http://simge.uph.edu. The completed form must be dully completed together with parental consent form and submitted via email to  simge.uphs@uph.edu by 11 June 2016.


B. (Preliminary Round) Teams will present their business ideas to panel of judges in a 3 minutes length video recording with .mp4/.avi format, everyone in the team should appear in the video and present their ideas. This video is to be submitted to simge.uphs@uph.edu by 18 June 2016. There will be 18 teams that will proceed to the next round that will be announced on 24 June 2016.


C. Successful teams selected from preliminary rounds will be notified by email and may attend a coaching session on business plan writing conducted by the organisers and submit a two-page page executive summary (in English) via email to  simge.uphs@uph.edu by 30 July 2016.


D. The judging panel will carry out an assessment exercise based on the submitted written executive summary and the 6 teams shortlisted for the Grand Final will be notified by email.


E. The top six teams is required to submit a full business plan (in English). The business plan must be submitted as ONE single file in electronic PDF format to simge.uphs@uph.edu by 13 August 2016.


F. The Grand Finals will be held at the Surabaya campus of  Universitas Pelita Harapan (UPH) on 20 August 2016. Finalist will hold a presentation of the respective business plans to judging panel based on 15-minutes oral presentation, and a 5-minutes question and answer session from the panel of judges.


G. The winners announcement and prize giving ceremony will be held on 20 August 2016 during the UPH Festival.



Competition Prize:

Grand Prize

  • Up to 3 SIM GE-UPH Sarjana Ekonomi partial scholarship for student members (worth IDR262,500,000)
  •  4 days (three-night) Singapore trip hosted by Singapore Institute of Management Global Education (SIM GE), for student participants of the winning team and 1 mentor teacher. The package includes return economy airfares + shared accommodation
  • Cash Prize of SGD$1,000 for the team


Runner Up

  • Up to 3 SIM GE-UPH Sarjana Ekonomi partial scholarship for student members (worth IDR157,500,000)
  •  Cash Prize of SGD$500 for the team


3rd Prize Winner

  • Up to 3 SIM GE-UPH Sarjana Ekonomi partial scholarship for student members (worth IDR105,000,000)
  •  Cash Prize of SGD$300 for the team