The China Business Challenge (CBC’12) is coming this November! Something professional and challenging for all-major students who have interests in China’s business environment. This year, with more experiences and a greater global network, China Entrepreneur Network (CEN) MSU chapter plans to co-hold this event with UM chapter and to bring this irreversible trend – China-US collaboration – into Michigan State University.
China Business Competition is a business model competition designed to challenge MSU future leaders’ entrepreneurial abilities to tap China’s exponentially growing market and to solve world problems. It can be regarded as an integrated learning experience on business model formation, China’s business environment and its business culture.
The goal of CEN China Business Competition is to help realize win-win results from US-China collaborations, to raise awareness on US-China interconnected social and environmental problems, and to provide hands-on entrepreneurial experience for students from Michigan State University and other CEN chapter universities. The finalist team will represent each engaged university to compete with other elite teams at University of Michigan.
All participants can gain benefits greatly by receiving professional feedback from mentors who represent industry professionals with extensive business experience to China, and by connecting to top-tier Venture Capitalists and Angel Investors from both China and Silicon Valley. After the final round, there will be 3 to 8 winners selected from all the teams, including one Grand Prize, one Pioneer Thinking Award and 3 to 5 categorical prizes, totaled at $30,000 cash prizes to be won.
Click HERE to register!
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CBC Process & Timeline:
Oct.22nd Monday 7:30-8:30pm Kick-off Meeting Location: BCC N124 Give participants an overview on the entire timeline and process. A speaker with extensive judging experience will speak about the criteria, and introduce what is a “business model”.
Oct.31st Wednesday Preliminary Screening Round: Proposal Deadline
Require each team to send a 2-page business model proposal to CEN-MSU, mainly addressing the key components in validating a new business idea.
Nov. 3rd Saturday 2:00-5:00pm Second Round Location: BCC N103 Require each team to submit a 10-page business proposal with comprehensive explanation about how to develop their business.
Nov. 18th Sunday Final Round Location: University of Michigan
The finalist team representing MSU will compete with other teams from University of Michigan. Each team is required to submit an elaborate 10-page business model proposal and a ten-minute-presentation to judges.
Yuxi Jin is the Public Relations office at the China Entrepreneur Network (CEN) of Michigan State University. As an international student from China, she is currently a sophomore in Supply Chain Management. She is really glad to work in the CEN family and grow up with it.