Ritsumeikan Asia Pacific University



The 8th APU Business Plan Contest Held


Feb 3, 2011

On Wednesday January 26, 2011, the "8th APU Business Plan Contest" was held for APU students. The seven teams who made it through the first round each presented their business plans and ideas.

With a view to creating new business ventures, the Business Plan Contest aims to work with industry and the region, and make a contribution to the local community - one of the fundamental goals of APU. Held every year since 2003, the contest is an opportunity to gain the practical conceptive, planning, leadership and negation skills sought after in the real world. APM Professor NAMBA Masanori, APM Assistant Professor TSUCHIYA Ryuichiro and Mr. TESHIMA Hideo of Oita Venture Capital Co., Ltd. -who was welcomed as the external panelist -judged the plans from a comprehensive standpoint including the possibility of the plans being realized.

Each of the seven teams delivered their business plan presentations in a professional manner and made good use of PowerPoint. The students then were asked questions and received practical advice from the panelists towards the realization of their plans.

During the certificate presentation ceremony, the judges critiqued each business plan before APM Assistant Professor TSUCHIYA handed the winning teams their certificates. After a rigid judging processes, PHAM Le Hong Phuc (APM3, Vietnam) and NGUYEN Thi Thuy Dung (APM3, Vietnam) were crowned champions for their "Happy Ending Service" business plan to provide nursing care service for the elderly, together with HU Qing (APM4, China) for her "Japanese-Chinese Herbal Remedy Trade Website" concept.

Results of the Business Plan Contest

Grand Prize Winners:
Business Plan Concept: "Happy Ending Service"
PHAM Le Hong Phuc (APM3, Vietnam)
NGUYEN Thi Thuy Dung (APM3, Vietnam)

Business Plan Concept: "Japanese-Chinese Herbal Remedy Trade Website"
HU Qing (APM4, China)

Runner-up Prize winners:
Business Plan Concept: "Student Life Support Website"
TANABATA Shunichi (APM3, Japan)
ITO Shinri (APM3, Japan)
WANG Tian (APM3, China)
LIN Mengxian (APM3, China)
LI Shuang (APM4, China)

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