Bangkok--Dec 17--Francom Asia Limited
Teams from twenty top Universities across Asia Pacific are coming to Thailand to compete for over one million Baht (27,500 USD) in cash prizes.
Asia MOOT CORP 2005, the premier intercollegiate business plan competition in the region, is coming to Bangkok for the first time during March 15 - 17. Thammasat University will play host to 20 teams from top business schools in Asia representing China, Japan, Hong Kong, India, Korea, Singapore, The Philippines, Taiwan, Hawaii and Thailand during this 3-day competition. From Thailand, there will be teams competing from Thammasat University, Sasin Graduate Institute, Chulalongkorn University and the College of Management, Mahidol University.
The mission of Asia MOOT CORP is to foster the entrepreneurial spirit and the ability of future managers in Asia who are receiving business education from the region's leading business schools. The first Asia MOOT CORP competition was organized by the Chinese University of Hong Kong in 1998. The Asia MOOT CORP 2002 — 2004 competitions were held by the University of Hawaii in Manoa.
ASIA’S PREMIER BUSINESS PLAN COMPETITION
Each team’s goal in both the business plan and oral presentation is to convince real investors that the team has a viable venture which, if funded, would lead to a successful growing company. Of the over 1 million Baht in cash prizes to be awarded, the winning team will receive a prize of 500,000 Baht (12,500 USD), the title of Asia MOOT CORP Champion and will have the opportunity to join in the Global MOOT CORP competition at the University of Texas in May 2005.
Following its victory at Asia MOOT CORP 2004, the Thammasat University team’s business plan for an innovative food-drying technique finished as a third place finalist against 30 of the world’s top business schools at last year’s Global MOOT CORP in The university of Texas at Austin, the United States.
MOOT CORP — The ‘World Cup’ of Business Plan Competitions
Originated by the Graduate School of Business at the University of Texas at Austin in 1984, the MOOT CORP Competition is considered the first and longest operating, inter-business school new venture competition in the world. It has been cited in several magazines including Business Week and Success Magazine for its unparalleled influence and prestige. Each May the world’s top business Schools will participate in this event to compete for the top prize of US$ 150,000 and the title of Global Champion.
Mr Bill Randall, Director Asia Moot Corp commented, “We are delighted to be bringing this competition to Bangkok for the very first time. It is fact that Asia is on the cusp of a growing entrepreneurial wave. As such, Asia MOOT CORP is a great opportunity for students to gain realistic experience for starting a new business and get funding opportunities. We look forward to welcoming all participants to Thailand in the coming months for what will be a terrific competition.”
For more information please visit the
website www.asiamootcorp.org or contact:
Nuttaporn Tangwongsan / James WardAsia Moot Corp 2005
Press Information ServiceC/o Francom Asia Limited
Tel: 02 233 4329-30Fax: 02 236 8030
E-mail: [email protected]
Nurawadee Vinijchevit Corporate Relationship Manager
AMC - Thammasat University Office 44, 36th Floor,
CRC Tower All Seasons Place,
87/2 Wireless Road Phatumwan, Bangkok 10330, Thailand
Tel : +66 (0)2 625 3072 Fax: +66 (0)2 625 3137
E-mail : [email protected]
Click for photo release at www.thaipr.net End.