SolBridge hosts the 11th edition of the annual International Business Plan competition
From the 15th to 19th of January 2024, SolBridge International School of Business welcomed 8 teams from partner universities worldwide (Philippines, Spain, Indonesia, Thailand, Vietnam, Morocco, South Korea, and India) to our annual International Business Plan Competition. This year marked the first time the university hosted this event offline since the pandemic.
The event was partnered with ecarPlug co., Ltd., an emerging company specializing in developing electric car chargers and electric energy supply/management devices based on advanced info-communications technology (ICT). Students tested their teamwork and entrepreneurship skills by presenting their solution to this year’s theme: “Business Strategy and Future Direction of EV Charging Service”.
Before heading to the competition, all the teams had a few days to explore the beautiful Daejeon and experience the Korean culture on the field trip to Daecheong Lake, one of the biggest lakes in the city. Students got the opportunity to make new friends and create memorable moments before entering the final presentation on the 19th.
In the final presentation, 8 teams from different parts of the world joined to compete offline at the SolBridge campus. The final stage of the competition involved live presentations, where teams pitch their business ideas to a panel of judges in a dynamic and competitive environment. Each team brought up their in-depth analysis of the company ecarPlug co., Ltd’s, which overseas market they should expand next, and how the company can leverage each country’s uniqueness to penetrate and expand in that market.
Congratulations to the top 3 teams for their excellence and professionalism in the competition
1st Place: 𝐓𝐞𝐚𝐦 𝐄𝐱𝐜𝐞𝐥𝐬𝐢𝐨𝐫 from BINUS University - Indonesia
2nd Place: 𝐓𝐞𝐚𝐦 𝐓𝐫𝐚𝐧𝐪𝐮𝐢𝐥 𝐓𝐨𝐭𝐬 from Woxsen University - India
3rd Place: 𝐓𝐞𝐚𝐦 𝐆𝐢𝐫𝐥𝐒𝐥𝐚𝐲 from Bangkok University - Thailand
We would also like to congratulate 𝐓𝐞𝐚𝐦 𝐌𝐨𝐫𝐨𝐜𝐜𝐨 from the International University of Rabat - Morocco for winning the Best Team Introduction Video
The International Business Plan Competition (IBPC) is designated to offer an opportunity to develop your business plan with the guidance of industry experts and the opportunity for you to compete against fellow business school students and explore big ideas.
We would like to thank the judges, the partners, and everyone who participated and assisted in this year's competition. We are looking forward to the next year’s edition!
The top 3 teams’ presentations can be watched here on YouTube: