Rules

Any global citizen with a business idea and a background from thecreative industries is eligible to compete in the Creative Business Cup.

You must own the rights to the idea with which you are entering the competition. A participant can be an individual as well as a group of people collaborating in a team.

At least one participant in the team must have a background in one of the creative industries. Besides the person with a background in a creative industry,the management team can consist of people with a professional background from other industries or trades.
 

What are the creative industries?

Creative industries are defined as:

• Design
• Architecture
• Content production – e.g. computer games
• Advertising
• Books & press
• Music
• Film & video
• Arts and crafts
• Radio & TV
• Amusement Parks & Live Scenes
• Gastronomy

Restrictions for participation

The amount of external capital invested in the participating company must not exceed $ 500.000 US. Besides this there are no requirements for the participating company in relation to the:

• Age of the company
• Turnover of the company
• Number of employees in the company
   

Participant submission

Creative Business Cup is a competition amongst business concepts from the creative industries. Submitted business concepts must not exceed 8 pages or 12 slides and they must be written in English.

Every business concept should address the majority of the following topics:

• Physical and organizational base for business
• Description of product/service
• Value proposition
• Sales channels
• Market and customers
• Expected revenue streams
• Key activities and cost structure
• Key resources and partners
• Competitive situation
• Organization and Management team
• Analysis of risks
• Financial needs and plans
• If relevant: Exit strategy

Appendices to the business concept are not accepted.