In the GENIUS Olympiad Business Competition, you will blend environmental consciousness with entrepreneurial skills. The competition focuses on raising awareness of environmental values within the business sector by encouraging the development of green products or services or by crafting a social responsibility plan that promotes a positive relationship with society and the environment. Each project, which can be undertaken by up to two students, demands the creation of a comprehensive business plan that serves as an investment proposal. You must prepare to pitch your business idea to judges in a formal setting, equipped with a PowerPoint or Prezi presentation. The presentation is limited to 10 minutes, followed by a question-and-answer session.

Your business plan should offer a detailed analysis of the market, including potential buyers, suppliers, current competitors, and cultural attitudes towards the product or technology. It should clearly outline the product or service, define the target market, propose pricing, promotional strategies, and distribution methods. Additionally, the plan must detail operational aspects such as staffing and facilities, aiming to culminate in a clear projection of profit goals. On the social responsibility front, your plan should focus on existing businesses or industries, proposing actionable changes to reduce their environmental footprint. This includes a thorough analysis of the current environmental impact, detailed proposed changes, financial cost assessments, and an evaluation of the market impact post-implementation.