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2022 DB-SNUbiz Global Startup Challenge

Deadline: 30 Apr 2022 HKT22:59 (Closed)
Location: Online

To: FBE UG Students


Seoul National University (SNU) Business School is calling for applications for their DB-SNUbiz Global Startup Challenge.


About the Competition

DB-SNUbiz Global Startup Challenge, organized by SNU and DB Group, is an international startup competition created to realize the dreams of talented Asian college students on track to become future leaders in business and technology while laying the foundation for fostering higher ideals.


The theme of the competition is focused on startup businesses. Participant, working as an individual or in teams of 2 – 3 students, should submit a proposal for an innovative and creative startup ideas. The proposal should include the introduction of a startup item, motivation for proposal, product/service description, competitive advantage element, market analysis, risks and limits, as well as the carry-out plans.


35 shortlisted teams for Round 2 are required to submit presentation videos and powerpoint slides by mid of June 2022. In Round 2, a Zoom video meeting consists a video review session followed by a 10-min Q&A session will take place from June 29 – 30, 2022. 14 finalist teams will enter the Final Round and go through a similar Zoom video meeting as Round 2 on July 20, 2022.  


Winners of the Challenge will be awarded with cash prizes and a 7-day global trip* to Silicon Valley in August 2022.


* Overall cost including airfare, accommodation and meal expenses for the global trip are supported by the organizers.


Awards and Prizes

Round 1

USD2,000 per each shortlisted team

Round 2

USD1,000 per each shortlisted team


1st Prize - USD$2,000 + Global Trip x 1 team


2nd Prize – USD$1,000 + Global Trip x 2 teams


3rd Prize – USD$1,000 x 3 teams


Event Schedule

April 30, 2022

Proposal submission deadline

May 13, 2022

Announcement for Round 2 (35 shortlisted teams)

May 16 – June 12, 2022

Submission of presentation video and powerpoint slides

June 29 – 30, 2022

Round 2 Zoom video meeting

July 5, 2022

Announcement for Final Round (14 finalist teams)

July 20, 2022

Final Round Zoom video meeting

Awards and Closing Ceremony


How to join

  • Sign up as an individual or a team of 2 – 3 students and submit a 3-page proposal HERE  by 11:59 p.m. on April 30, 2022 (Saturday) (GMT+9)
  • University students 1) with startup ideas, 2) who are preliminary founders dreaming of starting a business or 3) founders operating for less than 3 years are welcome to join

You may refer to the attached poster and competition website at for more information such as rules & regulations, process, guidelines and Q&A about the competition.


Interested students please complete the application procedure and submit the proposal by 11:59 p.m. on April 30, 2022 (Saturday) (GMT+9).





Please note that student participants of this Competition will be responsible for their own safety while outside Hong Kong (for winners who will join the global trip to Silicon Valley). Students must pay for all expenses related to the trip and arrange for their own insurance which covers the whole period of stay in U.S.A. The School will not be responsible for any expenses incurred in this competition.

The data collected through the online application is solely administered by the organizers. The School shall not be held liable in the case that disputes, loss or any other situations arise.