You are here

Rules

Creative Business Cup is a competition on business ideas from the creative industries. There are a few rules when participating in Creative Business Cup as described below.

 

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.

 

 

Facts

Business Concept Plan

Please see Resources for an example of the Business Concept Template as well as other relevant documents.