AUB Nature Conservation Center
 
Guidelines 

Item

Description

1. Eligibility of Main Applicant
  • Team Members: Open to all
  • The team leader may work alone or with a team of 2 to 5

2. Eligibility of Project

  • Complies with indicators of eco-entrepreneurship, shown in (3.) and (4.)
  • Has a local impact on Lebanon
3. Eco-Indicators
  • Sustainable use of natural resources
  • Neutral or positive environmental impact of every business component
  • Zero waste target
  • Renewable resources
4. Entrepreneurship Indicators
  • Ownership or operation of a project (product, process, service or system)
  • Incremental or radical innovation
5. Application Process
  • Concept Note
  • Business Course (to be offered by the AUB-NCC)
  • Interview
  • Business Model (to be developed by the applicants)
  • Full Proposal
6. Selection Process
  • First round selection upon Concept Note review
  • Second round selection upon interview
  • Award winner upon Full Proposal review

7. Judging Criteria

  • Project's Judging Criteria:
    • Eco-friendliness
    • Entrepreneurship
    • Innovation
    • Technical and Business Feasibility
  • Entrepreneur's Judging Criteria:
    • Presentation and Communication Skills
    • Critical and Creative Thinking Skills
    • Team Work
8. Award Remuneration
  • First payment: $10,000
    upon the announcement of the Award winner
  • Second payment: $10,000
    upon submission of the interim report (due in December 2015) and compliance to the timeline presented in the Full Proposal
  • Payment methods are in full compliance with AUB rules and regulations
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