The Sydney Catapult Business Plan Competition
FAQ's
Can I enter by myself? Are there restrictions on team size?
Yes, you can enter by yourself as teams can be of any size. However, teams seeking venture capital are typically composed of three to five people.
Can competitors be on more than one team?
Yes, a Competitor may be a member of multiple teams. However, entering with multiple teams may be seen by judges as showing a lack of commitment to the success of any single entry.
What types of ventures opportunities will judges be looking for?
The Sydney Catapult is open to entrants from any industry. It doesnt matter if youve got a new piece of technology you want to sell globally or a new local retail concept, if youve got a great idea we want you to enter! There are a few general criteria that investors typically look for when evaluating new venture opportunities, being the:
- Quality of proposed management team;
- High growth potential; and
- Sustainable competitive advantage.
Can I enter my Honours/Masters/PhD thesis?
Of course! Successful entrants in University business plan competitions are at the leading edge of innovation. Often that means thesis students. If youve been wondering how to commercialise your discoveries in the lab, entering Catapult will give you valuable experience in the venture capital raising process and contacts in the entrepreneurial community. Prizes will provide capital and professional support to winning teams so that they can commercialise their ideas.
Is CATAPULT open to undergrads and postgrads?
The Sydney Catapult is open to anyone including undergrads, postgrads, postdocs, lecturers. Young innovators and entrepreneurs not currently enrolled in University are also encouraged to apply. The only requirement is that one bona fide competitor in each team must be a current Sydney University student (full time or part time).
Do I have to be from Sydney University?
Following Rule 5 (ii), at least one Competitor in each team must be a current Sydney University student. In complying with Rule 5 (ii), teams must explain the position and equity stake of the Sydney University students in the proposed venture. It is expected that Sydney University students will fill a critical role in the management of the venture; they should not be bolt-ons or afterthoughts.
Im a student interested in helping organise CATAPULT. How can I get involved?
Over the 2008-2009 summer break we'll be looking for Sydney University students to help expand Sydney Catapult for the 2009 competition. There will be a wide range of avenues for involvement. Please contact the Organising Committee.
Im interested in supporting Catapult. How can I get involved?
Building on the experiences of the 2008 Sydney Catapult competition, the 2009 Sydney Catapult Business Plan Competition will be looking to connect with the entrepreneurial community. Were looking for sponsors who seek naming rights for various prize categories and opportunities to connect with the competitions entrants, perhaps as a judge or mentor. For more information, please contact the Organising Committee.