The mai Bangkok Business Challenge® @ Sasin 2017
Collaboration Source:
  • Partners
Collaboration Type:
  • Competitions

Setting a new precedent in the standard of global business plan competitions, the goal of the competition is to encourage new ventures by instilling an entrepreneurial spirit in young minds and educating the general public about specific business planning skills and presentation techniques.

For ‘The mai Bangkok Business Challenge® @ Sasin 2017’ competition, student teams from throughout the world are being invited to compete for prizes with over $54,000 in cash - the grand winner also receiving H.M. the King of Thailand’s Award, the winner of  H.R.H. Princess Maha Chakri Sirindhorn Sustainability Award, and the winner of Houston Technology Center Asia Innovation Award.

All full-time and part-time post-graduate students in any post-graduate programs enrolled in the 2016 calendar year are eligible to participate.  Each faculty/school/institute may send one team or more, each consisting of a minimum of TWO members and a maximum of FIVE members.  The majority of the team must be enrolled post-graduate students from the same faculty/school/institute that the team represents. We also allow ONE non-student member to be in the team – this may be a researcher, an inventor, an alumnus, etc.  For complete details of the team member combination possibilities, including comprehensive eligibility and official rules, please consult

This is a unique opportunity for your students to challenge themselves against teams of students from many of the best academic programs in the world by entering ‘The mai Bangkok Business Challenge® @ Sasin 2017’ competition, with this prestigious event promising to provide an unforgettable and invaluable learning experience for all the participants.  We strongly urge your participation and ask that each student team complete and submit an application form with a Summary Business Plan, available on our website:, during October 19, 2016 to December 5, 2016.

The Semi-final Round, Sustainability Award Round, Play-off Round Competition, Final Round Competition and H.M. the King’s Award Ceremony will be held during February 17-18, 2017 at Sasin.  An optional complimentary tour will be provided on February 19, 2017.

Held annually since 2002, originally as the Bangkok Business Challenge®, ‘The mai Bangkok Business Challenge® @ Sasin’ competition has been co-hosted since 2007 by the Market for Alternative Investment (mai), Thailand’s Stock Exchange for medium-sized public companies, and Sasin Graduate Institute of Business Administration of Chulalongkorn University – the first and only AACSB and EQUIS accredited business school in Thailand and a co-founder of AAPBS (Association of Asia-Pacific Business Schools).  In 2008, this competition was launched globally, becoming Thailand’s first (and only) global new venture plan competition, accepting 48 entries from 17 countries last year.  Past entries include teams from AIM – Philippines, Alakhawayn University – Morocco, ALBA Graduate Business School – Greece, Auckland University of Technology – New Zealand, Chinese University of Hong Kong, Cornell University – USA, EMLYON Business School – France, ESSEC – France, Fudan University – China, Griffith University – Australia, IAE Business School – Universidad Austral – Argentina, IE Business School – Spain, Indian School of Business – India, INSEAD – France, Keio University – Japan, Kellogg School of Management – USA, Mannheim Business School – Germany, Nanyang Technological University – Singapore, National University of Singapore – Singapore, Peking University – China, Prasetiya Mulya Business School – Indonesia, Putra Business School – Malaysia, Reykjavík University – Iceland, Tsinghua University – China, University of Chicago – USA, WHU – Otto Beisheim School of Management – Germany, etc.  A full list of past entries is archived on our website:  The following teams won H.M. the King of Thailand’s Award at ‘The mai Bangkok Business Challenge® @ Sasin’ in the following years:              

2016: Animosa, University of Oregon, U.S.A.
2015: UMA BioSeed, Cornell University, U.S.A.
2014: Lemna Cropping System, Queensland University of Technology, Australia
2013: Latis Energy, Queensland University of Technology, Australia
2012: Corrosion Solutions, University of Oregon, U.S.A.
2011: Siam Organic, Sasin Graduate Institute of Business Administration, Thailand
2010: Indirect Imaging, Rice University, U.S.A.
2009: Immeasure, Technical University of Denmark, Denmark
2008: Immutell, Aarhus School of Business, Denmark.

NEST, Prasetiya Mulya Business School, Indonesia and Hygia Sanitation, Sasin Graduate Institute of Business Administration, Thailand won H.R.H. Princess Maha Chakri Sirindhorn’s Sustainability Award at ‘The mai Bangkok Business Challenge® @ Sasin’ in 2015 and 2016 respectively.

Opticare, National Chiao Tung University,Taiwan and The Iso-Truss Factory, American University of Sharjah, United Arab Emirates won Houston Technology Center Asia Innovation Award at ‘The mai Bangkok Business Challenge® @ Sasin’ in 2015 and 2016 respectively.

‘The mai Bangkok Business Challenge® @ Sasin 2017’ Committee would be glad to provide further details about the competition.  If you require further information, please contact our office at Tel: + 66(0) 2 218 4001-9, Ext. 181-182 or