Each team will demonstrate their basic business ideas in front of a panel of judges and a live audience. Each team will talk for three minutes with a flip-chart as visual aid to draw out their business concept. Judges will then have two minutes for Q&A and up to two minutes for scoring. The judges are not looking for indepth details regarding the business at this stage, the flip-chart competition is focused on ideas. This presentation will give the judges a general idea about each competitor’s business idea, what differentiates their business and how much potential the business possesses. The top five teams will enter Round II. Refreshments provided.