UNIDO's 50th Anniversary Global Start-up Business Plan Competition, 2016

The United Nations Industrial Development Organization is conducting a Global Start-up Business Plan Competition, to potential and existing entrepreneurs to start a new business idea. The entrepreneurs should be aged between 18 and 35.
The aim of UNIDO's 50th Anniversary Global Start-up Business Plan Competition, 2016 is to bring forth the ideas that contribute towards developing their communities and personal economic benefit.

Eligibility

• The applicants for UNIDO's 50th Anniversary Global Start-up Business Plan Competition, 2016 should be aged between 18 and 35.
• The candidates should use the business plan template.
• The competition is open to entrepreneurs with new ideas or entrepreneurs with start-ups.
• The competition is open to a team of maximum 3 members.
• The applicants are expected to submit their applications in English.
• The candidates who are employees of the organizers are not eligible.

Selection criteria

• The applicants for UNIDO's 50th Anniversary Global Start-up Business Plan Competition, 2016 will be assessed based on the uniqueness, relevance, and viability of the business idea.
• The candidates are evaluated based on the description, market need of the products and the definition of the target market.
• The applicants will be assessed based on the start-up costs and the nature of the marketing plan.

What does it offer?

• The winners will get $15,000 as the first prize, $10,000 as the second and $5,000 as the third prize.
• The winners will also be given a UNIDO certificate and a roundtrip from home country to the UNIDO Headquarters in Vienna, Austria.