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Rules of the Competition
Competition Rounds
Round I:

Website Opens for Registrations, 12 October 2009:
Teams interested in joining the Competition must secure a username and password per team by clicking on the "Apply Now" button on the home page of the website. The website will be open for registrations starting Monday, October 12, 2009. Using their credentials, users are required to fill the online application form consisting of 18 questions that summarize their business idea and the means of implementing it. The application is available in English language only and should be filled in English too.

Submitting the Applications, 12 January 2010:
The user may save the application as many times as necessary to fill it. Once duly completed, the application will be considered for grading by pressing the "Submit" button. The deadline for submitting the applications is Tuesday, January 12, 2010 at 23:59, GMT.

Announcing First Round Winners, 22 February 2010:
On Monday, February 22, 2010, thirty teams will qualify for the second round of the Competition. The names of the winning teams will be posted on the Competition's website. Teams are then advised to do thorough research on business planning, acquire as much knowledge possible about their business field, and develop at least a first draft of their business plan. They can make use of the material available in the "Help Center".


Round II:

Workshop in Beirut and Access to Mentors, 21st & 22nd of March 2010:
After 6 weeks of preparations on their own, the 30 teams will be invited to Beirut on March 21st & 22nd, 2010 , to attend a one-day workshop lead by Ken Morse, Managing Director of MIT Entrepreneurship Center in Cambridge, MA.
Each team will also be designated a mentor who can help on the business plan. Teams will have the chance to ask questions and get answers that are specific to their concept all over the period preceding the deadline of submission.

Submitting Business Plans, 14 April 2010:
The deadline for submitting the full business plans is Wednesday, April 14, 2010 at 23:59, GMT.

Announcing Second Round Winners, 13 May 2010:
On Thursday, May 13, 2010, 9 teams will qualify for the third round of the Competition. The names of the winning teams will be posted on the Competition's website.


Round III:

Oral Presentations and Awards Ceremony in Cairo, 17 June 2010:
The 9 teams will be invited to Cairo to present their business plans on Thursday, June 17, 2010 and 3 winning teams will be announced during the Awards Ceremony.

 
 
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