Important information
The nature of a new enterprise
The competition is aimed at new venture start-ups seeking outside equity capital.
These new ventures may be at the start-up or early growth phase. They do not
include franchises, licensing agreements for distribution in a different geographical
area, or spin-outs from existing companies.
Intellectual property
The members of the new venture team retain all rights to the business plan
they submit to the competition concerning its use at all times prior to and
following the competition.
Confidentiality
The pitching event for the competition final, where each team presents their
business plan to a panel of adjudicators, is open to the public. The adjudicators,
reviewers and all staff associated with the competition will not be required
to sign a non-disclosure or confidentiality statement for any participating
team.
Rules
Eligibility rules for MNEC are based on the official rules stipulated for the Moot Corp competition.
Prizes
The winning team will receive a prize of $10,000 plus travel and accommodation
for all team members to represent Monash University at the John
Heine Entrepreneurial Challenge hosted by Queensland
University of Technology in Brisbane.
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