Competition Rules

Important Note

The Competition Executive Committee reserves the right to update these rules at any time. We will do our best to keep teams informed of changes but it is ultimately the responsibility of teams to be aware of any updates and we thus strongly recommend that all teams check the details regularly.

Also note that the dates for the various events and deadlines described below are preliminary. Again, the Competition Executive Committee reserves the right to modify the dates below and all effort will be made to give advanced notice of changes.

Eligibility

The Fast Step Business Plan Competition is open to all participants who meet the following criteria:
· Business must be a realistic, marketable idea.
· Team must include Murdoch University students.
· Plan must be an original idea.

This competition is intended for ventures that have not yet received capital financing. Plans for ventures that have already received outside investment from venture capital firms or have received seed financing are ineligible to compete.

Individuals may enter in as many teams as they would like however they are restricted to only one individual entry.

Competitions

Undergraduate students will be able to compete in (both jointly or singularly) the Business Plan Competition and the Elevator Pitch Competition. Prizes will be awarded on the basis of each competition as detailed following.

Please pay careful attention to all registration and entry requirements, as any incomplete registrations or entries will be disqualified from competition, without exception.

Competition 1 - Business Plan Competition
Competition 2 - Elevator Pitch Round

	The Competition Executive Committee reserves the right to update these rules at any time. We will do our best to keep teams informed of changes but it is ultimately the responsibility of teams to be aware of any updates and we thus strongly recommend that all teams check the details regularly.
	Also note that the dates for the various events and deadlines described below are preliminary. Again, the Competition Executive Committee reserves the right to modify the dates below and all effort will be made to give advanced notice of changes.

	The Fast Step Business Plan Competition is open to all participants who meet the following criteria: · Business must be a realistic, marketable idea. · Team must include Murdoch University students. · Plan must be an original idea.
	This competition is intended for ventures that have not yet received capital financing. Plans for ventures that have already received outside investment from venture capital firms or have received seed financing are ineligible to compete.
	Individuals may enter in as many teams as they would like however they are restricted to only one individual entry.

	Undergraduate students will be able to compete in (both jointly or singularly) the Business Plan Competition and the Elevator Pitch Competition. Prizes will be awarded on the basis of each competition as detailed following.
	Please pay careful attention to all registration and entry requirements, as any incomplete registrations or entries will be disqualified from competition, without exception.