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Genius Business Olympiad

Genius Business Olympiad
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Parent Organisation:

Genius Olympiad

 

About Genius Business Olympiad:

GENIUS Business raises awareness of environmental values in the business world, from bringing green products and services to market to developing a social responsibility plan for any business aiming to have a positive relationship to the society and the environment in which it operates.

Each GENIUS Business project can be prepared and presented by up to two students. Participants must prepare and present a business plan to judges as though they are making a pitch for funding for their business plan, also known as an investment proposal.  Presentations will be made in formal business attire and should include a Powerpoint/Prezi (or similar) presentation of no more than 10 minutes before Q&A.

 

Syllabus:

BUSINESS | Entrepreneurship

  • Students may offer a new product or technology to decrease human impact on the environment, or they can offer improvements to existing products or technologies to make them greener or more sustainable. 
  • This involves a combination of science, engineering and business sense. 
  • Participants must offer the product, technology, or enhancement along with a plan to bring this product or technology to market.
  • The business plan must include an analysis of the existing market, analyzing potential buyers, suppliers, current competition, the culture of the market regarding of product, potential future competitors, and potential substitute technologies.
  • It should then describe the product, its target market, expected price, promotional plans, and how it will be delivered to the customer. 
  • Finally, the business plan should include staffing and facilities plans, as well as ultimate profit goals.

 

BUSINESS | Social Responsibility

  • Social Responsibility plan should offer environmental solutions for existing businesses and industries, with the aim of a reduction in environmental impact. 
  • Participants must offer a 10-minute Powerpoint/Prezi (or similar) presentation promoting their business plan to make a change within their target business or industry.
  • The business plan should include an analysis of the current environmental impact of the business/industry, a description of the proposed changes, and analysis of the impact of these changes on the environment. 
  • The plan should then explore the financial cost of implementation and the impact of implementation on the company's position in the market (including the impact of any change in price, change in customer experience of the product, obstacles to delivery, etc.). 
  • Participants should also examine potential competition from other sustainability models, and make the case for their own plan as the best solution.

 

Marking Scheme:

  • Creativity of concept
  • Feasibility of concept
  • Marketability and Profitability
  • Impact on Environment
  • Impact on Company's Long-Term Profitability and Market Share
  • Overall Communication of Concept

 

Eligibility Criteria:

  • The GENIUS Olympiad is open to all international and U.S. students studying in grades eight through twelve (or the equivalent).
  • All students under 18 years old must attend the GENIUS Olympiad with an adult supervisor (a teacher, a parent, or a guardian). Students who are 18 years old and study in high school may participate without an adult supervisor. Our minimum age requirement for student participants is 12.
  • The same project can NOT be submitted in consecutive years without significant progress or changes.
  • Projects which are submitted to other organizations/fairs can be submitted without changes.
  • A valid application must be submitted (including affiliated fair Genius Certificate winners) using the GENIUS Olympiad application system by the deadline with application fee payment.
  • All students and supervisors have to communicate in English well enough to present their projects. Translators for student presenters are NOT allowed. 

 

Exam Dates:

  • The Project Application will start on December 17, 2017. The link will be available on this website, all applications are made online.
  • The Project Application Deadline is March 1, 2018 for all individual/school applications.
  • The Application deadline for Affiliated International Fairs is March 15, 2018.
  • The Application deadline for Affiliated National (U.S. and Canadian Only) Fairs is April 15, 2018. 
  • Project Finalists will be announced on our website on March 27, 2018. 
  • Participation Registration Deadline is May 1, 2018 to be eligible to participate in. 

 

Registration Process:

  • Applications and registrations will be made through our online application system, which will be available on the first date of application on our main page.
  • The application is the first step to submit a project.  Registration is the second step, in which you will provide participant and travel information. Both steps are required by the deadlines for all participants.
  • Please check our annual schedule for 2016-2017 for application start date, application deadline, and registration deadline.
  • All applicants (including GENIUS Certificate holders from affiliated fairs) MUST submit an online application by the deadline.
  • Multiple projects can be submitted using one login name. Each school/organization MUST create only one username to submit multiple projects.
  • The application system will ask for: contact information, fair affiliation (if exists), abstract, project paper upload (research paper or art work), media link, and the payment of non-refundable project application fee.  
  • Once the Finalists are announced, you MUST confirm their participation before the registration deadline by completing the registration process for each participant who will attend the GENIUS Olympiad.
  • International applicants must complete the registration and the registration payment as soon as possible in order to receive their invitation letters for visa application.

 

Benefits, Awards & Scholarships:

CATEGORY AWARDS

Four tiers of awards and gifts will be given according to student’s total score within the discipline:

  • Top Grand Gold Award: To the top one project in each category
  • Gold Medal: To top 10 % of the participants. 
  • Silver Medal: To top 90-70% of the participants. 
  • Bronze Medal: To top 70-50% of the participants. 
  • Honorable Mention: To top 50-20% of the participants. A certificate will be given to all Honorable Mention winners.

SPECIAL AWARDS

GENIUS Supervisor Award: The supervisor which consistently participates in GENIUS Olympiad with multiple HIGH-Quality projects over the years.

GENIUS Most Applicant School Award: The school which submits the most number of projects in this year

GENIUS Most Successful School Award: The school which has the most number of SUCCESSFUL (based on awards received) of projects in this year

GENIUS Scholarship Certificate: All eligible GENIUS participants may receive SUNY Oswego University Scholarship, totaling up to $10,000, based on the set criteria on the GENIUS Scholarship Certificate, which will be given gold, silver, and bronze winners.

SUNY Oswego Acceptance: Among those who are interviewed, SUNY Oswego will provide conditional acceptance letters. 

 

Countries:

All international and U.S. students studying in grades eight through twelve (or the equivalent).

GBO Sample Papers:

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