Entrepreneurship Contest 2011 Sponsored by

SpaandanB is a NRB-run non-profit organization based in USA that implements and supports projects primarily in Bangladesh. Since 1998, SpaandanB has implemented and/or supported projects intended to: Establish education Remedy health and wellness needs Enable sustained subsistence SpaandanB either initiates its own projects or supports projects initiated or proposed by other organizations or individuals. Introduction to SpaandanB

WHAT Promote a sustainable culture of entrepreneurship in Bangladesh and facilitate worthy entrepreneurial ideas to fruition. HOW Phase 1: Pilot Provide a fund of USD 15,000 Solicit, screen, select, and help support entrepreneurial ventures through a contest Select up to 5 worthy venture ideas and fund adequately thru completion of feasibility Selection will be based on pre-specified criteria Phase 2: Pivotal Target 1-2 successful venture from Phase 1, Implement commercialization. Using data from Phase 1, raise fund at larger scale to facilitate commercialization Implement a Seed Funding model: Seed money will be returned to SpaandanB, alternatively SpaandanB will take limited ownership; terms to be much more favorable than what contestants may find in the financial markets Project Vision

Phase 1 (Pilot) Contest: Scope Promote innovation in socially conscious products/services Project ideas may include any of the following: Business Plan for a new product or service to offer to the market, Business Plan for a creative business model for an existing product or service

Phase 1 (Pilot) Contest: Criteria Participant Criteria Recent graduates or last semester students from undergraduate, graduate, and polytechnics institutions A list of 12 Institutions has been made to ensure diversity of backgrounds Team Criteria Create at least 3 member team, not to exceed 5 for the presentation Participants can be from any discipline Non-students may be members of the team, but team leader is a member of the targeted institutions Selection Criteria Social impact of the idea Clarity of idea Sustainability of business model Analysis of opportunity Growth strategies Proposed use of prize money Winner will receive money only on a milestone basis, as required during implementation of business plan

Phase 1 (Pilot) Contest: Process Accept Applications at participating institutions SpaandanB selects top 25 teams for competition Teams present business plan in front of a panel of judges representing different industries Winners selected based on: Quality/Clarity of idea Good match with available funding Winners receive money based on need during implementation phase Possible mentorship provided by the panel of judges Promote a sustainable culture of entrepreneurship in Bangladesh Support worthy entrepreneurial ideas to fruition.

Contest Application Participants will submit a project concept paper, to include: Project objectives and how they align with the pre-specified criteria (100 words) Team Introduction (Members background, Members Value proposition) Abstract of the proposal (200 words) Utilization steps of the prize money (100 words)

Will create a business plan in detail, to include but not limited to: Business potential Proposed implementation plan: Includes tasks and milestones, management team Proposed use of prize money: Includes capital and operational costs. Top 25

Presentation Teams will have opportunity to present in front of a panel of judges, brought in from diverse industries 10 minute presentation, followed by 5 minute Q&A Teams will be judged on clarity of presentation and effectiveness potential of the business plan

Relevant Contacts Mr. Masih Rahman (Program Coordinator) Event Coordinators Md. Asif Muztoba Khan Syed Naasik Hasan Mostafizur Rahman S. M. Solaiman