Business Plan Competition


What a success! The Global Startup Business Plan Competition has resulted in 825 applications containing unique and innovative business ideas, from over 94 countries.

The three Finalists were hosted and awarded in Vienna during the UNIDO 50th Anniversary Event, and are the following:

  1. First Place: Team Firebird
  2. Second Place: Dad Walker
  3. Third Place: Riego

We would like to thank the Global Entrepreneurship Week, the Islamic Corporation for the Insurance of Investments and Export Credit and the Tamkeen the SME Fund in Bahrain for their support in making this competition such an accomplishment.

Please see the group picture of the winners in Vienna.


The Global Start-up Business Plan Competition (GSBPC) aims to stimulate and unleash the spirit of entrepreneurship and innovation among aspiring and existing entrepreneurs with ideas that contribute to their personal economic benefit and towards developing their communities.

The GSBPC calls on potential and existing entrepreneurs to participate by submitting their innovative entrepreneurial ideas by means of a Business Plan Template, which will be reviewed by a team of experts.

A number of criteria will be used to assess the applications. It is important to adequately address each of these factors, in order to successfully present a well-rounded business plan.

Further details are available in the Business Plan Template.


potential and existing entrepreneur(s), aged between 18-35, with a new business idea or startup in an early stage


23 September 2016, by 00:00 CET (GMT+1)


The three participants or teams with the best business plans will be invited to attend the prize-winners’ event in Vienna on 21 to 25 November 2016, during the celebration of UNIDO’s 50th Anniversary.

They will also receive the following start-up capital:

  • 1st Place: $15,000
  • 2nd Place: $10,000
  • 3rd Place: $5,000

All three winners will additionally be rewarded with:

  • A UNIDO certificate;
  • Increased visibility for their start-up;
  • A round-trip from home country to the UNIDO Headquarters in Vienna, Austria;
  • Accommodation and health insurance in Vienna (from the 21 to 25 November 2016).

The top 50 applicants will receive: Counselling and mentoring through UNIDO ITPO Bahrain (AICEI) for a period of 6 months.


Applications must either be submitted through AICEI’s registration form website or via email. More information on the competition, please see the competition flyer.

© 2016 United Nations Industrial Development Organization. All rights reserved.