- CEIBS MBA business proposal competition that challenges Top Global Business Schools
INNOVATEChina was started in 2008 by CEIBS, the #1 business school in Asia and #5 MBA in the world. It is one of the largest and most influential business innovation contests in the world. The theme of each event is closely linked to current global business issues and although the competition is called INNOVATEChina, it is not limited only to China-related topics. Approximately 60 teams from over 30 of the world’s top business schools participate every year with their proposals for business innovation. Our mission is to support outstanding future entrepreneurs who will play an important role in tomorrow's business world. As a participant, you will have access to CEOs and partners from investment institutions as well as senior professors from around the world.
More than just a competition, INNOVATEChina aims to establish a platform to connect the innovative minds of global business schools with the vast experience of industry experts and venture capitalists in China, in order to introduce innovative ideas to the world.
2019 Competition Final Result
INNOVATEChina 2019 business proposal pitch competition ended successfully with three teams winning prizes. The event featured six teams from globally-renowned MBA programs, including CEIBS, ESADE Business School, Ross School of Business at University of Michigan, Kellogg School of Management at Northwestern University, HEC Paris, and HKUST. Each finalist team presented proposals that addressed the theme of today’s competition, ‘Remodeling traditional, upgrading current, and shaping future industries.’
ESADE proposed an Alzheimer’s/dementia AI monitoring solution, with home video cameras, sensors, and “human-in-the-loop” type nurse visits;
CEIBS proposed a custom-made women’s apparel platform, combining a marketplace and content community;
HEC proposed a platform to connect e-bike riders, e-bike shops, and battery recyclers to efficiently recycle lithium and lead acid batteries; and,
Finally, the team from HKUST picked up the USD $5,000 winner’s cheque with its project “Bargainer” that ultimately aims to solving food waste. HEC and Michigan Ross finished on the 2nd and 3rd place, respectively.
Although some left with prize money, while others didn't, all the teams were able to gain valuable feedback from the judges and were sure to leave with inspiration from CEIBS and the greater Shanghai area as an excellent launch pad for innovation.
Robot Dance at Product Show Case
2nd Prize Winner: HEC, “Green Credit” Project
CEIBS MBA Programme
Michigan Ross proposed an educational toy subscription, combining an app with physical toys, targeting 3-6 year old girls;
CEIBS/Kellogg proposed a pre-college experiential tour for middle school students to eliminate regret when choosing the right major and university;
HKUST proposed a platform that enables farmers to sell produce directly to small medium restaurants and SMEs.
1st Prize Winner: HKUST, “Bargainer” Project
3rd Prize Winner: Michigan Ross, “Kai” Project