GUIDELINES & CRITERIA
GUIDELINES & CRITERIA FOR PARTICIPANTS
COMMON AIMS OF JA-YE EUROPE
JA-YE Europe Enterprise Challenge brings together the best student companies at the post-secondary level (aged 19 +) from across Europe. These young people are developing companies that offer real products and/or services and are dealing with the everyday problems of starting up a business. Their challenge here is to sell their idea to a panel of potential “investors”, each of whom has a fictional 50000€ to spend
Each participating member can nominate two (2) companies for participation. When the number
of participating members exceeds 16, each member can nominate one (1) company
PERMITTED MINIMUM AND MAXIMUM AGE OF PARTICIPANTS
Achievers representing their Companies in the competition must be at least 18 years old and no
more than 30 years old on the 31st of May of the year of participation. Younger or older students
will be automatically asked to withdraw from the competition
All participating Companies will have taken part in at least one “national” competition event
The official language for the Enterprise Challenge is English
STAGES OF THE COMPETITION AND JUDGING CRITERIA
At the European level there are three stages to the competition:
1. Investment Proposal
The Investment Proposal is developed to explain the need for resources, attract a potential investor to be interested in investing in the business idea, and solicit approval for investment in the company. The Investment Proposal should target potential investors and should therefore contain information covering the five Key Areas assessed by the Judges (though not necessarily limited to only these five).
Download the judging criteria for the Investment Proposal HERE.
Students demonstrate the presentation skills acquired by participating in the programme; provide judges with an overview of the contestants; and give the public a short but interesting look at the companies. On-stage presentations will be evaluated for how effectively their message is communicated (looking for passion, enthusiasm…).
Download the judging criteria for the On-Stage Presentation HERE.
3. Sales Pitch and Interview with Judges
Students demonstrate the skills to present the content to business partners; ability to quickly react to probing questions; and ownership of the future of business idea.
This part will be conducted in the form of a Dragons’ Den. The competing companies pitch their idea to the judges (who symbolise potential investors – Dragons). The pitch is for the students to try and sell their idea to get the judges to “invest” their virtual money in their company.
During the interview part the judges will probe deeper into the idea and business to find out if the students have a good knowledge of their idea and their business. It allows the judges to understand a potential capital injection, how the participants will use the capital in the company and what the Return on Investment is likely to be. The judges will also be able to see how the students handle presentation and questions under pressure.
Download the judging criteria for the Interview HERE.