The main focus of the ME competition is not "competition" itself, but rather to provide an opportunity for students to foster their communication, collaboration, creativity, and critical thinking skills.

For Asia Edition, please visit www.itengcorp.com/me

About Us

World Journal

ME Competition Co-host

Founded in 1976, the World Journal is the most influential Chinese-language newspaper in North America. One of the few U.S. daily newspapers distributed on a national basis. World Journal’s mission is to serve all overseas Chinese by helping immigrants bridge the gap to mainstream America, keep in touch with their homeland and local Chinese community news and improve their quality of life.

Columbia Business School’s

Venture For All® Program

ME Competition Co-host

Columbia University is a private Ivy League research university in Upper Manhattan, New York City. Venture for All® is a global initiative whose mission is to enhance the entrepreneurial ecosystem in emerging and frontier markets through education and mentorship. Our programs educate and train young aspiring entrepreneurs to become enterprise builders and job creators.

IEG Global Corporation

ME Competition Co-host

 

IEG Global Corporation (IEG) is a non-profit, 501(c)(3), that provides students with financial challenges to receive equal opportunities to participate in all of our Programs since 2012. At IEG, we strive to make a difference in this world via education.

 IEG works directly with top universities to develop challenging Programs for students. We don't believe grades should be the only key indicator on whether you could attend these programs, but more on
whether you have the "passion to
learn and excel".  

 

About Us

World Journal

ME Competition Co-host

Founded in 1976, the World Journal is the most influential Chinese-language newspaper in North America. One of the few U.S. daily newspapers distributed on a national basis. World Journal’s mission is to serve all overseas Chinese by helping immigrants bridge the gap to mainstream America, keep in touch with their homeland and local Chinese community news and improve their quality of life.

Columbia Business School’s

Venture For All® Program

ME Competition Co-host

Columbia University is a private Ivy League research university in Upper Manhattan, New York City. Venture for All® is a global initiative whose mission is to enhance the entrepreneurial ecosystem in emerging and frontier markets through education and mentorship. Our programs educate and train young aspiring entrepreneurs to become enterprise builders and job creators.

IEG Global Corporation

ME Competition Co-host

IEG Global Corporation (IEG) is a non-profit, 501(c)(3), that provides students with financial challenges to receive equal opportunities to participate in all of our Programs since 2012.

At IEG, we strive to make a difference in this world via education. IEG works directly with top universities to develop challenging Programs for students. We don't believe grades should be the only key indicator on whether you could attend these programs, but more on whether you have the "passion to learn and excel".  

What is ME Competition?

Model Entrepreneur®, ME, is a competition hosted by Columbia Business School’s Venture For All® Program and World Journal SF LLC, with the goal to encourage young talents to stand out from pure imagination and speak out innovative ideas with business feasibility. Unlike any business competitions, ME participants will be able to receive proper guidance and suggestions on their business models through VFA Clubs. 

Competition Details 

 

Qualifications

Every team comprises of at least two, maximum four, members with one group leader as a single point of contact with ME. 

Each team member needs to be a current high school student
 

Fee : 
Free

 

Schedule

Rules

  • Each team can only submit one business proposal 

  • Every proposal should be original and not publicized before

  • Deadline 1 participants who didn’t make to the final round could choose to submit their revised business proposals by Deadline 2 

  • Each team should be identified with a team name throughout the competition

  • Participants found to have committed copyright infringement will be disqualified immediately with no exceptions

Preliminary

Registration deadline (Round 1):

    TBD

Business Proposal Submission Due: 

    TBD

Finalist Announcement & Comments: 

    TBD

    TBD

Final Stage

Deadline for Powerpoint/VideoSubmission: 

TBD

Final Presentation: TBD

Location:

TBD

Business Proposal Submission (Preliminary)

  • All documents should be submitted in English, and in PDF format
 
  • Please submit to: info@mecompetition.com
    • E-mail subject: (Team Name)+(School Name) ie. InstaTruck + Monta Vista High School
    • BP title: (Team Name)+(School Name) ie. InstaTruck + Monta Vista High School.pdf
​​
Theme
  • Each team should come up with an innovative product or service to make life better, or solve a current social problem.
 
Content of Business Proposal 
(1) Cover Page 
  • Team members’ names 
  • Team name 
(2) Business Plan 
  a. how did your team come up with this idea?
  b. describe the current problem or opportunity
  c. describe your proposed solution
  d. who experiences your problem the most, or needs your products?
  e. value proposition​

Final Presentation Requirement

​In addition to the Final Presentation Requirement, you are required to record a commercial video (no more than one minute) for your product/service. This is for the purpose of attracting your judges to want to learn more about your product/service. If your video is over the time limit, you will forfeit your chance of being selected to the second round, and will need to go through the survival round.
​​
Your Final Presentation needs to address the following topics:
1. Cover slide with team name, logo, team member names, and school name(s)
2. Opportunity
3. Customer segment
4. Product or service - what does your product/service looks like, website, drawings, or mocks?
5. Describe your revenue model (How do you make money?)
6. Competitor analysis
7. SWOT analysis
8. Financial highlights/start up capital requirements
9. Team profiles (who you are!)
10. Your next steps (in terms of making this venture happen!)

Final Round Guidelines

 

There will be a total of 3 rounds during the final day of the Model Entrepreneur® competition. All of the scores in each round are independent of the previous Rounds.

 

Round 1 - Video (20 Teams); each team will play their video in the auditorium (no more than 1 minute).

 

Scoring methodology: judges’ scores will account for 70% of the total Round 1 score, while all 20 teams will be able to vote with a ballot of “yes” or “no” for all 20 teams.

 

Selection criteria: the 8 teams with the highest scores will advance to Round 2. The rest of the 12 teams will need to go through the Revival Round.

 

The Revival Round

During the Revival Round, teams will have 4 minutes to present everything in Topics 1~10.

 

Only 4 groups will be selected to join Round 2.

 

Round 2 –  Topics 1~5 (12 Teams)

12 teams will each have 4 minutes to present their presentation, followed by 2 minutes of Q&A.

 

Scoring methodology: the sum of all judges’ scores for each team will be recorded (there will be no team voting for this round).

 

Selection criteria: the 6 teams with the highest scores will advance to Round 3.

 

Round 3 – Topics 1~10 (6 Teams)

6 teams will each have 7 minutes to present their entire Final Presentation, followed by 3 minutes of Q&A. 6 teams will be randomly selected to go up to the stage to present.

 

Scoring methodology: Columbia Business School’s VFA Model Entrepreneur® judges’ scores will be recorded. Ranking will be based on the sum of the scores from the judges for the Round 3.

 
 

Prizes

1st place 
- $1500 scholarship per team
- Certificate issued by 
Columbia Business School Venture For All®
- Interview from World Journal Chinese Daily Newspaper
 

2nd place
- $1200 scholarship per team 
- Certificate issued by 
Columbia Business School Venture For All®
- Interview from World Journal Chinese Daily Newspaper
 

3rd place
- $800 scholarship per team
- Certificate issued by 
Columbia Business School ​Venture For All®
- Interview from World Journal Chinese Daily Newspaper

 

Additional Prizes:
1. Best Video - Certificate
2. Honorable Mention x 2 - Certificate

 

Winning teams will get the scholarships in the amount of $2500, $2000, and $1500 towards the cost of the college summer program they are interested in.

Winners may choose from the following official two-week programs(with certificate of completion and recommendation letter [except Harvard], each team member could choose to attend different program)

two-week programs:

 

Columbia Business School, Caltech, Stanford STEM/Medical Internship Program, Berklee/Brown, Harvard

 

Register Now

1. Fill out the 
2. Sign up for the on-line courses lectured by Columbia Business School Venture For All® (Optional). 
 
3. Make the payment for online course. (Optional)
 
* Participants can also sign up for the on-line courses lectured by Columbia Business School Venture For All® Professors/Instructors below, or join any Programs prior to the final presentation day to ensure proper business plan submission. The cost of the online course is USD $300.
 
 

News

News article on ME Competition released by World Journal

March 11, 2017 A02

July 10, 2017 A01

July 10, 2017 B03

July 11, 2017 B02

 
 

CONTACT

US

World Journal SF LLC 
650-259-2009
info@mecompetition.com

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Special

thanks

Co-organizer:
Special Sponsor:
Platinum Sponsors:

SUPPORT

US


Interested in being a sponsor or partner? Contact us at
info@mecompetition.com