“Every accomplishment starts with the decision to try” – John F. Kennedy

With countries headed toward an endemic approach to the COVID-19 Pandemic, the world is now trying its best to recover and live in the ‘new normal’. Businesses, ranging from MNCs to startups, have all suffered during the last few years, the worst effects being felt by youth who have suffered unemployment, business failures and economic hardship.

The youth of today, more than ever, now have the chance to seize new opportunities to create the next big thing in this post-covid world through entrepreneurship and innovation.

The DIYC Movement is therefore proud to organise the Business Plan Challenge – an entrepreneurship competition that challenges youth teams from Malaysia and internationally to showcase their innovation, business acumen and social mindfulness. Winning teams stand to win up to RM30,000 in prize money, plus receive mentorship on making their winning idea a reality.

We are looking for teams who embrace the spirit of diversity and inclusion; and can showcase their exceptional business plans.

The DIYC Movement, a youth movement built on the principles of diversity and inclusion, is a proud supporter of entrepreneurship. Since organising the COVID-19 Business Startup Challenge in 2021, we are proud to continue our mission of empowering and guiding youth entrepreneurs through our second iteration – the Business Plan Challenge.

What are you waiting for? Form your team. Show us your proposal. Demonstrate to us why you deserve to win.


Terms & Conditions

(updated 29 October 2022)

The DIYC Business Plan Challenge (the “EVENT”) is organised by the DIYC Movement (the “Organiser”)


1.                 Eligibility

1.1.      You must be between eighteen (18) and thirty five (35) years of age.

1.2.      You must sign up as part of a team. Each team must comprise at least 3 members and a maximum of 5 members (“Team”).

1.3.      One of the team members shall assume the role of Team leader and register for this Event on behalf of his/her Team members. Only one registration shall be made per team, multiple registrations of the same Team may result in disqualification.

1.4.      You are not allowed to be on more than one team for this Event.

1.5.      If a member of any Team is found to be ineligible, the entire Team may be disqualified from the Challenge. However, the Organiser may grant leave for the Team to proceed with the Challenge without the ineligible member.

2.                 Online registration

2.1.      You must register for this event by completing the Online Registration via the Site at https://diycx.org/diyc_business_plan_challenge/business-plan-challenge-registration-form/ (the “Site”). You warrant that all information provided by you during the registration process is accurate and complete.

2.2.      The Online Registration for this Event closes on the time and date stipulated on the Site. The Organiser may, at its sole and absolute discretion, extend the Closing Date and reserves the right to disregard or accept Registrations received by it after the Closing Date. No amendments may be made to any Registration after the Closing Date without the written consent of the Organiser.

3.                 Submission of Submission Form

3.1.      The Team Leader will receive a blank Submission Form upon successful Registration.

3.2.      Your Team must complete both the Business Plan and Team Formation Details of the Submission Form, and the Team Leader must submit it via email to the Organiser by the stipulated Deadline.

3.3.      As part of the Team Formation Details, all Team members must submit their Curriculum Vitae.

3.4.      Failure to comply with clauses 3.2 and 3.3 will result in immediate disqualification.

3.5.      The Submission Form submitted by the Team leader will bind all Team members to these Terms and Conditions. The Organiser may also require each Team member to signify his/her agreement to these Terms and Conditions in a manner required by the Organiser. Any breach of these Terms and Conditions by you or any of your Team members may disqualify you and your Team from participating in this Event. If the information provided during Online Submission is found to be incomplete and/or inaccurate, even if related to just one Team member, the entire Team concerned will be excluded from this Event.

4.                 Selection of finalists

4.1.      Teams will be selected for the Finals based on their Business Plan and Team Formation by the Panel of Judges using the Judging Criteria provided to the Adjudicators.

4.2.      The selection of Teams selected qualifying for the Grand Finale (the “Finalists“ ) shall be at the sole and absolute discretion of the Organiser and you agree to abide by the Organiser’s decision. If your Team has not been selected as a Finalist, you agree that you have absolutely no right of appeal and any attempts to do so will not be entertained.

4.3.      A virtual briefing session will be held by the Organiser to provide all Finalists with the requirements and guidelines for the Finals.

4.4.      Finalists must be represented by at least one Team member at the virtual briefing session. If any Finalist fails to send a single representative for the virtual briefing session, that Finalist may be disqualified.

5.                 Grand Finale

5.1.      Finalists will present their Proposed Solution and demonstrate their POC/Mock-up/Prototype via a live-streamed presentation. The Live Presentation must not exceed fifteen (15) minutes in total. Presentations exceeding 15-minutes will have only the first 15-minutes assessed and the remainder will be disregarded by the Panel of Judges.

5.2.      Finalists will be required to reflect on how their Proof of Concept/Mock-up/Prototype fulfills the Judging Criteria, subsequently producing a Revised Business Plan.

5.3.      The Revised Business Plan has to be submitted by the aforementioned Deadline via email.

5.4.      Failure to adhere to the Deadline will result in disqualification. Any requests to amend the Revised Business Plan after the Deadline will not be entertained.

5.5.      After submission of the Revised Business Plan, Finalists will be assigned a timeslot for their Q&A Session at random by the Organiser. Finalists are not allowed to change their assigned timeslot unless they are able to provide compelling reasons for re-assignment.

5.6.      The Live Q&A Session will be conducted at a physical venue and will be recorded and live-streamed for the Grand Finale. All Teams agree to allow this recording to take place, and to be used by the Organiser for marketing, publicity, or all other legitimate purposes.

5.7.      Finalists will be required to answer questions from the Panel of Judges and may be asked to conduct a live demonstration of their Proof of Concept/Mock-up/Prototype.

5.8.      After hearing the presentations of all Finalists, the Award Winner/Winners will be selected by the Panel of Judges using the Judging Criteria.

6.                 Judging and Determination of Winners

6.1.      The Award Winner(s) will be determined by the Panel of Judges appointed by the Organiser.

6.2.      All decisions by the Panel of Judges are final and not subject to review, appeal, or reconsideration.

6.3.      The Organiser reserve the right not to award any prize if they, in their sole and absolute discretion, determine that there are no deserving ideas submitted.

7.                 Awards

7.1.      All awards, including the awards available and the eligibility criteria to receive awards, are determined by the Organiser in its sole and absolute discretion. The Organiser reserves the right at any time to change the prizes available or eligibility criteria to receive awards, including the manner in which the award is disbursed.

7.2.      All taxes and other expenses, costs, or fees associated with the acceptance and/or use of any Award are the sole responsibility of the Award Winners.

7.3.      Failure to adhere to Clause 7 may result in the Award Winners forfeiting the Award.

8.                 Disqualification

8.1.      Your Team may, at any time, withdraw from further participation in this Event by giving written notice to the Organiser and stating the reason(s) for your withdrawal.

8.2.      You may be immediately disqualified from participating (or further participation) in this Event if the Organiser in its sole and absolute discretion determines that:

a)     Any of your submissions (i) contains any element or content that is inappropriate, offensive, malicious, or brings the Organiser into disrepute; (ii) violates the terms of use of any social media service, website, mobile application, or any other platform used in connection with your Proposal; (iii) infringes the intellectual property rights of any third party; (iv) violates any applicable law; or (v) violates or does not comply with these Terms and Conditions; and/or

b)    you have engaged in any one of the following: (i) verbal abuse of another participant or Organiser’s staff; (ii) inappropriate touching or harming of another participant or Organiser’s staff; (iii) breach of these Terms and Conditions or any other agreement entered into in connection with this Event; (iv) compromising (or attempting to compromise) the spirit, integrity or legitimate operation of this Event including by cheating hacking, creating a malicious bot or other automated program or by committing fraud in any way; or (v) where continued participation may affect your health or personal well-being.

8.3.      In exercising its rights of disqualification against you, the Organiser may, in its sole and absolute discretion, determine whether to disqualify your entire Team or any one or more members of your Team. If the Organiser only disqualifies certain member(s) of your Team, the remaining member(s), who are not disqualified, may elect to continue participating in this Event without the disqualified member(s), and without the right to replace any disqualified member(s).

9.                 Personal Data

9.1.      Your personal data will be collected in the course of your participation in this Event, including during the registration process and the taking of your image in photographs or other recordings during this Event (“Images”). All personal data will be processed and retained by the Organiser in accordance with the Personal Data Protection Act 2010 and the Organiser’s privacy policy (available https://diycx.org/privacy-policy/ ).

9.2.      You consent to the Organiser’s use and disclosure of your personal data for the purposes of (a) processing your registration; (b) administering and planning your participation in this Event; (c) maintaining of Event participants’ database; (d) processing your prize vouchers or cash prize payment if your Team is one of the winning teams for this Event; (e) responding to your queries about this Event; (f) obtaining your feedback on your Event experience; and (g) sending updates and news on future events organised by the Organiser which may be of interest to you. It may be necessary for the Organiser to disclose your personal data with its agents/service providers in relation to the stated purposes as well as third parties funding and/or jointly organising this Event.

9.3.      You consent to the Organiser’s use of your personal data in connection with this Event, including the use of your name, and publication of the Images on such media platforms that the Organiser may from time to time determine for the purposes of promoting or reporting on this Event without additional compensation, notification or permission unless prohibited by law.

9.4.      You agree that the Organiser has complete ownership of all Images, audiotapes, and the like which may contain your likeness, image, and/or voice, including the entire copyright, and the Organiser may use them for any purpose deemed as appropriate in connection with this Event. These uses include, but are not limited to, reproductions, advertisements, promotional videos, educational materials, and illustrations in any medium now known or later developed including the internet. You release the Organiser from any and all claims which arise out of or are in any way connected with such use.

10.               Intellectual Property and Licensing

10.1.   You will retain ownership of any intellectual property created by you for this Event.

10.2.   In consideration of your participation in this Event, you grant to the Organiser (the “Licensee”), a non-exclusive, transferable, perpetual, irrevocable, worldwide, royalty-free right and license to use, modify, reproduce, distribute and create derivative works (or have others exercise such right and license on its behalf) of all intellectual property in your Proposals. For the avoidance of doubt, the ownership of all intellectual property comprised in any derivative created by or for a Licensee shall vest solely in the Licensee.

10.3.   The Organiser reserves the right to publicly display the work created by you during and in connection with this Event.

11.               Warranties

11.1.   You represent, undertake and warrant that: (a) you have the requisite rights, licenses, and consents to grant the license in Clause 9 to the Licensee; (b) your Proposal will not be developed with software and tools, and will not incorporate any software and tools, that would prevent or restrict the Licensee from using, modifying, reproducing, distributing, creating derivative works from, or sub-licensing your Proposal, in the manner contemplated in Clause or where such use, modification, reproduction, distribution or creation would require a Licensee to seek the consent of a third party; and (c) your Proposal will not infringe the intellectual property right or another proprietary right (including confidential information or trade secrets) of any third party.

11.2.   You and/or each of your Team members undertake not to present projects that have previously been submitted to other initiatives or projects that have been presented at previous editions of this Event.

12.               Disclaimers

12.1.   This Event and any services or materials provided by the Organiser in connection with this Event, are made available on an “as is” and “as available” basis.

12.2.   The Organiser disclaims all representations, conditions, and warranties of any kind, whether express, implied or otherwise, in relation to this Event and the services or materials provided in connection with this Event. The Organiser further disclaims all liability in respect of this Event, to the extent permissible by law. Notwithstanding any part of these terms, the Organiser reserves the right to discontinue, terminate or postpone this Event at any time, in its sole and absolute discretion, without prior notice to you, and without incurring any liability to you.

13.               Limitation of Liability

13.1.   In no event shall the Organiser be liable to you for any special, indirect, incidental, consequential damage of any nature whatsoever, including any loss of profits, loss of revenue, contracts, anticipated savings or business, pure economic loss, loss or corruption of data, loss of opportunity and/or expectation loss. To the extent that the Organiser may be liable to you, its aggregate liability to you, whether in contract, tort (including negligence), or otherwise for any and all losses, damage, or liabilities caused or arising from any breach, failure, or default in performing any of its obligations (whether arising under these terms or at law), and regardless of the number of claims, shall not exceed the aggregate sum of RM 100.

14.               Indemnities

14.1.   In the event of any breach of these Terms and Conditions by your, or any act or omission which results in a breach, you shall indemnify, keep indemnified and hold the Organiser harmless from and against all actions, proceedings, claims, demands, loss, damages, costs, legal costs and other expenses of any nature which may be made or brought against or suffered or incurred by the Organiser, whether directly or indirectly.

15.               General Provisions

15.1.   Clauses 8, 9, 11, 12, and 13 shall survive the conclusion of this Event or the termination of these Terms and Conditions. These Terms and Conditions form the entire agreement between the parties in relation to this Event and supersede any other representations or arrangements relating to this Event.

15.2.   The invalidity, illegality, or unenforceability of any part of these Terms and Conditions shall not affect the validity, legality, and enforceability of other parts. A waiver of a party’s rights shall be in writing and shall not prevent the party’s further exercise of the same or any other right.

15.3.   These Terms and Conditions shall be governed by and construed in accordance with the laws of Malaysia. In the event of any dispute arising out of or relating to the Event or these Terms and Conditions, parties agree to submit to the exclusive jurisdiction of the Malaysia Courts.