Future Bus Tech Competition stages
The competition itself runs along a period of three months (roughly one semester). There are several milestones during the period – dates for presenting progress reports.
Stage 0 (approx. duration 1 week) Registration Every team submits the following information: – Identification: team name, project logo, slogan – Team: list of members, short bios, photo (or avatar) contact info – Project: working title, initial idea as a written abstract up to 10 lines Stage 1 (approx. duration 1 week) Explication The teams submit a more thorough explication of the idea (up to 3 pages) – written proposal including: main business idea, market overview, technology, selling points, etc. Stage 2 (approx. duration 1 week) Starting up Detailed description of product/service design, including major technical specifications, marketing ideas etc. It is expected that by this stage the teams have already started consulting with experts. Stage 3 (approx. duration 1 week)
Work in progress Results from market research and feasibility studies. Stage 4 (approx. duration 1 week)
Beta version Preliminary business proposal submitted for preliminary evaluation of up to 3 independent experts. Stage 5 (approx. duration 1 week)
Jury Pitching in front of Evaluation board with investors and experts. The other teams also get to evaluate the proposals.