2025 Bank of China Trophy UltiMater Entrepreneur Competition Now Open for Application

Judging Panel

The Judging Panel will be composed of entrepreneurs, investors and academics invited by the University.

Judging Assessment

There will be 3 rounds of assessment:

Round 1 Assessment: Executive Summary

• Participating teams are required to submit a 4-page executive summary to present their business plan together with the application of the competition.
• The assessment will focus on the innovativeness, feasibility and viability of the proposed product / service.
• 12 teams will be selected and they are required to attend the Entrepreneurship Training Workshop, Seminar and Exchange Activities.
• Each selected team will be assigned a mentor.

Round 2 Assessment:  Elevator Pitch & Business Plan Presentation

 Elevator Pitch

• Only one member from each team can be assigned to make a 90-second presentation and a session of 3-minute question and answer in front of judging panel.
• Winner of Elevator Pitch will be decided based on scores given by the judging panel.
• The scoring of the Elevator Pitch will contribute 30% of the second round assessment.

 Business Plan Presentation

• The 12 finalist teams are required to submit an enhanced business plan (no more than 15 PowerPoint slides) after participating the UltiMater Camp.
• The assessment will focus on the value proposition of the product/ services, and on the practicability of the plan execution and fundability potential.
• The 12 finalist teams will be divided into three groups with 6 teams in each group.
• Each team will conduct a 10-minute presentation in Chinese followed by up to 10 minutes of Q&A. It is not compulsory for all team members to speak in the presentation, but the whole team should be there for the Q&A section. The judging panel would ask questions to specific members of the team as per their role and expertise.
• The scoring of the Business Plan Presentation will contribute 70% of the second round assessment.
• The top 3 teams of each group will enter the Final Round Presentation, and 6 teams in total with enter the Final Round Presentation.

Final Round Assessment: Business Plan Presentation

• The 6 finalist teams will make the final presentations. The format will be the same as the Business Plan Presentation in Round 2. It is not compulsory for all team members to speak in the presentation, but the whole team should be there for Q&A section.

Round 1 Assessment: Executive Summary (4-page in PDF format)

1. Please state the team name, name of team leader and team composition. Please use the product/ service as file name.
2. It is a summary of the entire business plan which should provide information on feasibility and viability of the proposed product/ service.
3. The focus should be on the innovativeness of the proposed product, service or business model.
4. It should introduce your business and product, and highlight its strengths.
5. It should be written in single space in A4 size. Please use 12-point 新細明體 and insert page number. The size of file should not exceed 5MB.
6. Additional pages, cover page, appendices are not allowed and will result in disqualification.
7. Below are some suggested contents for reference:

• Mission Statement – it explains what your business is all about; what problem you are trying to solve and how. It should be explained in a few sentences.
• Company Information – it covers the date of your business establishment, the names of founders and their roles, as well as number of existing employees.
• Products/ Services – briefly introduce your products or services and provide proof on its feasibility and viability. We will not accept any technology or innovation that is violating the physical law or assuming the product is produced based on a technology only can be realized by imagination.
• Potential Market – it explains why there is a need in your target market and how your business satisfies their needs.
• Summary of your company’s future plans.

Round 2 Assessment: Business Plan (no more than 15 PowerPoint slides in PDF format)

The business plan should be condensed and to explain the value proposition of your product/service, and should explain the practicability of the plan execution and fundability potential. Below are some suggested contents for reference:

1. Brief outlines such as name of your business, description of your product/ service.
2. Summarize the problem or opportunity that you have identified in the market and address how your product or service address the problem.
3. Product development plan. What is the target market size? General pricing plan for the products or services.
4. Marketing strategies to attract customer base, distribution plan, sales channel.
5. Main competition to the company. Competitive advantage by explaining how the product/service differs from other offerings.
6. Briefly summarize the team competence which makes your business plan happens.
7. Startup budget: budget plan and projected cash flow. Exit Strategy.

Competition Regulation:

University of Macau & Bank of China Trophy UltiMater Entrepreneur Competition Competition Regulation

Declaration:

University of Macau & Bank of China Trophy UltiMater Entrepreneur Competition declaration form

• Registration is open from now on until 28 April 2025.
• Please fill in the e-form and submit a 4-page Executive Summary and declaration for application. Here is the application link:https://go.um.edu.mo/ty70blff   
• Team name has to be the same as company name and it is not allowed to be changed during the competition.
• Each team is ONLY permitted to submit 1 Executive Summary for Round 1 Assessment.
• There will not be a limit on the topics for submission, however, we encourage applicants to focus on the technology and innovation driven business. The topics can be related to nanotechnology, information technology, renewable energy, environment, healthcare, financial services, logistics and social enterprise, etc.
• All the materials and declaration should be submitted online. Hard copies will NOT be accepted.
• All the materials should be written in Chinese. Entries must be the original work of entrants.
• 6 shortlisted teams from Round 2 assessment are required to join the Final Round, and the UltiMater 2025, the 4th UM Innovation and Entrepreneurship Exhibition.
• Organizer reserves the right to verify the team’s company information and the team should be cooperated with the organizer’s work.