1. We are thrilled to announce that in addition to the $25,000 in cash prizes, the top 2 teams of this year’s competition will also be awarded in-kind prizes worth $10,000 from Softech Ltd.2. The title sponsor of the QEC 2011, the Queen’s School of Business MBA class of 1970, will pair each team in the Top 16 with a mentor. These are entrepreneurs with over 40 years of business experience and success.
3. The Right Honourable Stephen Harper, Prime Minister of Canada offers best wishes to the competitors of the QEC 2011. Please refer to this link for his letter: http://www.theqec.com/site/media/files/02600146E_QueensEntrepreneursCompetition.pdf
4. We have created new positions on our team to target African and South American competitors.
5. Over 85% of the business plan submissions we have received so far are from international teams.
6. QEC 2011 will feature two international judges this year as part of the judging panel.
About the QEC
Who Are We?
In its 23rd year, the QEC is the foremost international undergraduate business plan competition in Canada, organised entirely by students. Every year, we receive business plan submissions from undergraduate students of top universities in Canada and around the world, all competing for $25,000 in cash and $10,000 in in-kind prizes that help them jumpstart their business ventures. In addition to the cash prizes, our judges also provide valuable feedback to all teams that have submitted a business plan. The QEC works hard to provide competitors a platform to share their business ideas, meet other young entrepreneurs, and network with leaders in the business community.
Past Competition Highlights
The QEC has received submissions from all over the world – Portugal, the UK, South Africa, India, Hong Kong, Malaysia, and Singapore, to name a few. Past judges include Tim Wilson (President of Visa Canada), Grant Rassmussen (President and CEO of UBS Bank Canada), John Sleeman (CEO of Sleeman Breweries), and Ron Bremner (former CEO of the Calgary Flames). Past speakers include Bryan Pearson (President of Air Miles Canada), Brett Wilson (Dragon on CBC's the Dragons’ Den) and Clive Beddoe (Founder of Westjet Airlines).
Who Should Apply? How to Apply?
All undergraduate students (including those who had undergraduate status at any point during the period of November 2009 to November 2010), from all faculties, are welcomed to apply. Existing proposals are valid and qualify for consideration provided the plan has not qualified as a finalist in a previous QEC competition. Students may apply individually or in a team of up to four members.Business plans should be submitted electronically (via email).Competition Timeline
The deadline for electronic business plan submissions is November 12th, 2010. The top 16 teams will be notified in December, 2010. Top teams invited to attend the QEC Final Weekend taking place January 20-22nd, 2011 will have the option of submitting their revised business plans by mid-January.
More InfoTo find out more about the details of the competition, visit us at www.theqec.com and follow us on Twitter @theqec. The competitor package can be found at http://www.theqec.com/site/media/files/QEC2011_Competitor_Package.pdf. Also, feel free to contact the competitor coordinators directly (info below!) if you have any questions or concerns.
Asia & South America
United States & Australia
Europe & Africa