Y.E.S. 2.0 Competition Rules

  1. Y.E.S. 2.0 is open to all Arkansas public, private, or home-school students enrolled in grades 9-12 during the 2016-2017 school year.
  2. If a 9th or 10th grade team wants to include a student in the 11th or 12th grades, they must compete in the 11th – 12th grade division.
  3. Students can compete individually or in teams. The maximum team size is six students.
  4. Competitors can be from classrooms, extra-curricular clubs and organizations, church groups, etc.
  5. All teams must be sponsored by a teacher or other adult pre-approved by AEAF before business plans are submitted. Please contact Marie Bruno at mbruno@arcapital. com or 501-374-9247.
  6. Sponsors cannot be a parent or relative of any team member.
  7. The maximum team size is six members.
  8. Teams can submit only one plan into the competition. There can be multiple teams from schools and organizations. Sponsors can mentor more than one team.
  9. Teams do not have to have existing businesses to compete in Y.E.S. 2.0. Their challenge is to come up with a business idea that identifies customer “pain” in the marketplace, and devise a new or better product or service that they believe would solve the problem and also make money. Nonprofit businesses are not eligible.
  10. Business plans must represent the original work of each individual and team competitors. Plans cannot contain fabricated information about (but not limited to) the following: backgrounds, experience and educational levels of team members, stage of product development, product performance claims, or market survey results.
  11. Not every circumstance can be anticipated. The Arkansas Economic Acceleration Foundation (AEAF) reserves the right to disqualify any team that violates the rules, regulations, or the spirit of the competition. All Y.E.S. 2.0 competitors and sponsors are expected to conduct themselves in an ethical manner. The Y.E.S. 2.0 competition is managed through StartupCompete.co (formerly iStart.org). To enter the competition, the sponsor or a designated team member needs to create an account on Startup Compete on behalf of the team. Click here for instructions. For teams that already have Startup Compete (or iStart) accounts, log in here.

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