2013-2014 Nicol Entrepreneurial Award

The 2013-2014 UNB Regional Competition will be completely online this year. Please read below for guidelines; and keep an eye on our website and Facebook page on December 10th for the announcement of the 2013-2014 UNB Regional Winners

Deadlines

  • Registration and submission is extended to: November 25th, 2013 at 11:00 p.m. (Atlantic Time)
  • Submissions: Electronic copy of the full business plan, 1 minute video pitch
  • All submissions must be uploaded to the UNB Nicol Award website
  • All Submissions to the Nicol Platform by November 25th will be scored and ranked by our judges. The winners will then be moved into the winners round within two weeks,  and may be selected to attend the National Finals held in Ottawa.

For more information on the Nicol Entrepreneurial Award, or registration details, contact us at: ibecevents@unb.ca

What's at stake? 

Teams will compete for cash prizes that include $5000 for 1st place, $2000 for 2nd place and $1000 for 3rd place. The winning team will also have a chance to compete in the national finals held in Ottawa during the 24th-25th of March, 2014.

Am I Eligible?

The competition is open to full-time students, or teams of students, in any course of study in any faculty at any participating university across Canada. The competition consists of two stages – an initial local competition held by each participating university and a subsequent national final competition held in Ottawa.   

To enter the competition, teams must prepare and submit a plan for a proposed new business of which they are to be the primary creators and in which they will be actively involved in key management positions; or a plan for the expansion of an existing business they are currently operating. 

The team must confirm that: 

  1. The plan and the business it describes is their original creation, and that they have the right to present this plan in open competition
  2. They have not previously submitted this plan to any other national “business plan” or equivalent competition
  3. If selected to compete in the national final they will be willing to travel to Ottawa for the national final competition 

Teams can consist from 1-3 students, the majority of whom must be full-time undergraduates at the participating university. More particularly –

  1. If the team has only one member, he/she must be an undergraduate at the participating university.
  2. If the team has two members, at least one – including the team leader -- must be an undergraduate at the participating university.  The second can be an undergraduate or graduate student at any Canadian university, or have graduated from a Canadian university within the past two years.
  3. If the team has three members, at least two – including the team leader -- must be undergraduates at the participating university.  The third can be an undergraduate or graduate student at any Canadian university, or have graduated from a Canadian university within the past two years.

The plans of the first-place teams from all of the local competitions will be reviewed by a national selection panel and six teams will be selected as National Finalists.

These finalist teams, along with their faculty advisor, will then be brought to Ottawa to compete in the national final, with travel and living expenses paid.  

At the national final, each team will have 30 minutes to present their plan to a panel of judges – a 15-minute formal presentation followed by a 15-minute Q+A period. All team presentations are open to the public and to other participating teams.  

The judges will select a single team as the winner of the Nicol Entrepreneurship Award. There is no other ranking of the finalist teams.

Contacts IBEC at:

Email: IBEC Events 

506-453-4557