Nexia TS Business Case Challenge 2019 - NEXIA TS PUBLIC ACCOUNTING CORPORATION
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Nexia TS Business Case Challenge 2019 NEXIA TS PUBLIC ACCOUNTING CORPORATION
Nexia TS Business Case Challenge Nexia TS Business Case Challenge Objective: The Nexia TS Day Business Challenge aims to nurture local entrepreneurs by supporting aspiring students in their entrepreneurship journey through mentorship and peer learning. Last year, Nexia TS partnered with NTU and kicked off its inaugural Nexia day Business Challenge. Nexia TS Business Case Challenge 2019: • Gather feedback from a panel of judges including successful entrepreneurs and leading business professionals (including Directors and CEOs) • Receive mentorship from industry experts and professionals • Provides access to entrepreneur role models or professional contacts who can help get their businesses up and running Date, Venue: 29 August 2019, Thursday, 2–5.30pm at Nexia TS Office*
Timeline*
Description: By: Dates*
1. Business Challenge Publicity & Sign Up Period Institute, 12 Apr – 01 May
Nexia TS
2. Kickoff Business Case Challenge 2019 Nexia TS 01 May
3. Business Case Creation Students 01 May – 01 Jun
4. Business Case Round 1 Submission Students 06 Jun
5. Sharing of Business Cases with Judges Nexia TS 13 Jun-20 Jun
6. Business Case Round 1 Review Judges 20 Jun- 20 Jul
7. Tabulate scores for Business Case Round 1 Nexia TS 25 Jul
8. Send feedback for all Business Cases and Nexia TS 01 Aug
shortlist top 5 teams for Business Case Round 2
9. Preparation of Business Case Round 2 materials & Students 08 Aug – 22 Aug
Submission of Business Case Round 2 materials 22 Aug
10. Nexia TS Business Case Round 2 Top 5 Teams 29 Aug
Announcement of Winner & Prize PresentationTimeline Business Case Round 1 Submission • Interested students will have to form a group of no more than 5 persons. • Each team will prepare their Business Case following round 1 judging criteria*: • Create Business Case in PowerPoint format, 15 pages. • Send Business Case challenge to Nexia TS via email at socialmedia@nexiats.com.sg. • Download the cover page and attach with your business plan. • Deadline: 6 June 2018
Timeline Business Case Round 1 Review • Business Cases will be reviewed and scored by a panel of judges • The panel of judges will be made up of directors and successful entrepreneurs. • They will grade students’ Business Case following Judging Criteria Round 1 Send feedback for all Business Cases and shortlist top 5 teams for Business Case Round 2 • Nexia TS will send feedback for all Business Cases to each team via email • Notify the top 5 qualifying teams via email for Business Case Challenge Round 2 and schedule for the pitch accordingly.
Judging Criteria Round 1*
Criteria Description Score
Product or Service to be • Does the Case effectively communicate the features and benefits of the product or service brought to the 25
offered; market? and how this competitive advantage will be maintained?
Marketing/Sales • Does the Case indicate how the product/service will be distributed and the product/services’ revenue and
pricing model?
• Does the Case include an appropriate promotional strategy that is realistic when compared to the
assigned marketing budget?
Market Opportunity • Does the Case effectively describe the market in which the business intends to compete? 15
(Market Analysis) • Does the Case identify the current market size and potential growth?
• Does the Case identify the key characteristics of the market relevant to the competitive positioning and
how this opportunity will be exploited?
• Does the Case effectively analyze the nature of competition within the market?
• Does the Case identify the target customer group?
Team & Operations • Does the Case effectively highlight the expertise of the individual(s) within the business and identify any 10
human resource ‘gaps’ and appropriate measures to resolve these issues?
• Does the Case address the issues of operational complexity, resource requirements and operational risks
appropriately?
Financials & Risks and • Does the Case explain key assumptions and features of the financial model? 25
Sensitivities • Does the Case include detailed income and expenditure and cash flow forecasts?
• Does the Case detail the level of working capital required to run the business?
• Does the Case identify the nature of potential returns?
• Are the financial forecasts realistic?
Clarity • Is the Case written in a well-structured, clear and concise manner? 10
Likelihood of company • How likely is it that a company will be formed within the next 12 months? 15
formation within 12 • What are key factors that suggest a company can be formed in 12 months?
months • What are the barriers that will prevent company formation within 12 months?
100 6Nexia TS Business Case Challenge Timeline
Nexia TS Business Case Challenge (Round 2)
• The top 5 qualifying teams will proceed to the second round which is
a presentation/pitch session followed by speed mentoring. Top 3
winning teams will stand to win cash prizes worth $800.
Business Case Round 2 Presentation/Pitch Session
• The top 5 qualifying team will have to make a 15 minutes presentation
• This will be followed by 5 minutes Q&A
• Refer to Judging Criteria Round 2 to find out how teams will be judged
Speed Mentoring Session
• Mentors will come with different strengths and expertise.
• Each team should come prepared with questions
• Each team will be paired with one mentor. They will be given 10 minutes
to seek advice. Each team will be rotated so that they will be able to meet
with all the mentors.Nexia TS Business Case Challenge
12. Nexia Business Case Challenge 2019
• This is the tentative program for Nexia Business Case Challenge
Time Programme
2.00pm Welcome Address by Mr Henry Tan, Group CEO & Chief Innovation
Officer, Nexia TS
2.20pm Business Case Presentation by Team
2.40pm Business Case Presentation by Team
3.00pm Business Case Presentation by Team
3.20pm Business Case Presentation by Team
3.40pm Business Case Presentation by Team
4.00pm Refreshments
4.20pm Speed-mentoring
5.20pm Prize Presentation
5.30pm EndsJudging Criteria Round 2*
Criteria Description Score
Clarity • Is the Case presented in a well-structured, clear and concise manner? 15
• Clear articulation
Persuasiveness • Is the Case presented in a persuasive and engaging presentation manner 15
Q&A Section • Good understanding of the business case 20
50
Computation of Final Score
Computation of final score Score
Round 1 100
Round 2 50
150Thank you.
If you have any questions regarding the Nexia TS Business Case Challenge, please direct
your enquiries to: nicholasliao@nexiats.com.sg or call 6534 5700 (ext. 795)
Singapore China Malaysia Myanmar
Nexia TS Public Accounting Corporation Nexia TS (Shanghai) Co., Ltd. NTS Asia Advisory Sdn Bhd NTS Myanmar Co Ltd
100 Beach Road Room A, 20 Floor, Heng Ji Building, No. 99 Unit No 23A-06, Level 23A La Pyayt Wun Plaza, 410(B),
Shaw Tower #30-00 East Huai Hai Road, Huang Pu District, Menara Landmark, No. 12 4th Floor, 37 Alanpya Pagoda Road,
Singapore 189702 Shanghai 20021, China Jalan Ngee Heng Dagon Township,
Tel: (65) 6534 5700 Tel: (8621) 6047 8716 80000 Johor Bahru, Johor Yangon, Myanmar
Fax: (65) 6534 5766 Fax: (8621) 6047 8712 Tel: (60) 7 221 3285 Tel: (951) 370 836, 370 837, 370 838
Email: nexiats@nexiats.com.sg Email: china@nexiats.com.sg Fax: (60) 7 221 3289 Ext- 406, 407, 408
Website: www.nexiats.com.sg Website: www.nexiats.com.cn Website: www.ntsasia.com.my Fax: (951) 376 945
Website: www.nts.com.mmBusiness Plan Cover Page (1/2)
Business Case Challenge 2019
Group Members’ • Team member’s name, School, Year
Names (up to 5) • Team member’s name, School, Year
Main Contact • Team member’s name, email address, mobile no.
Person (2 • Team member’s name, email address, mobile no.
contact)
Business Case
Name:Business Plan Cover Page (2/2) Summary of Business Plan: 500 words max.
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