posted on the website: www.businessismore.eu
- The terms used in the Regulations shall have the following meaning:
1) Rules – the rules of the international High School Business Challenge competition;
2) HSBC or Competition – the international High School Business Challenge competition;
3) Organiser – the European Foundation for Enterprise Development, KRS: 0000836387 NIP: 5213894656, based in 24/39 Czerniakowska Street, 00-714 Warsaw;
a. Student Business Club operating at the Warsaw School of Economics in Poland;
b. Vysoká škola ekonomická v Praze, Czech Republic;
c. Közép-Európa Társaság, Hungary;
d. Študentský parlament NHF, o.z. in Slovakia;
5) Participants – individuals attending HSBC;
6) Individual participant – an individual who has self-registered with HSBC;
7) Teachers’ competition – a competition for teachers organised as part of HSBC as described in Chapter III of these Rules;
8) Ambassadors – individuals taking part in an ambassador competition organised as part of HSBC;
9) Ambassador competition – the HSBC Ambassador competition as described in section IV of these Terms and Conditions;
10) Competitions/Competitions – collective term for the subject competitions referred to in § 1.1.2, 8 and 10;
11) Team/Team – a group of 3 to 5 participants taking part in HSBC together;
12) Leader – a person who has been designated to represent the team in exercising the powers granted in the Regulations by the other participants with whom he/she remains in one team
13) Winners – the winning team of the international stage;
14) Finalists – the other teams participating in the international stage.
- The main organizer of the HSBC, the Teachers’ Competition and the Ambassadors’ Competition is the European Foundation for Enterprise Development, KRS: 0000836387 NIP: 5213894656, with its registered office at 24/39 Czerniakowska Street, 00-714 Warsaw.
- The main organiser, in organising the Competition, cooperates with national co-organisers:
1) Student Business Club operating at the Warsaw School of Economics in Poland,
2) Vysoká škola ekonomická v Praze in the Czech Republic,
3) Közép-Európa Társaság in Hungary,
4) Študentský parlament NHF, o.z. in Slovakia.
- HSBC is funded by a grant from the International Visegrad Fund, the organiser’s own resources and other funds raised from the Competition’s partners and sponsors.
- The organisation of the HSBC is intended to serve the following purposes:
1) shaping entrepreneurial attitudes and behaviours among secondary school pupils
2) improving young people’s ability to analyse phenomena occurring in the economy, in enterprises and in the sphere of private life that have an impact on entrepreneurial behaviour,
3) developing in young people the ability to think analytically and synthetically, planning and carrying out projects, solving problems in a creative manner, effective communication, searching for and using information in practice and, on their basis, making decisions, cooperating in a team and negotiating
4) creating a positive climate around business activities,
5) acquiring interdisciplinary knowledge of finance, marketing, psychology, human resources management and the ability to analyse and interpret data, providing the basis for effective business and asset management in the future,
6) to give participants practice in public speaking,
7) encouraging secondary school pupils to study at economic universities.
- The organisation of the teachers’ and ambassadors’ competitions is intended to increase the number of participants and improve the dissemination of information about HSBC.
Rights and obligations of the organiser
- 1. The Organiser’s responsibilities include in particular:
1) organizing HSBC in accordance with the provisions of these Regulations,
2) ensuring the logistics and financial resources necessary for the execution of the Competition,
3) ensuring proper communication with Competition participants, school community, teachers and HSBC ambassadors
4) carrying out promotional activities to publicise HSBC,
5) overseeing the smooth running of the Competition,
6) appointing Regional, National and Central Committees and controlling their functioning
- The Organizer has the right to disqualify a team that violates the provisions of these Regulations.
2a. Paragraph 2 shall also apply in the case of an Ambassador or teacher who violates the provisions of these Regulations.
- In special cases the Organiser has the right to decide on advancement to the next stage of the competition of a greater number of teams than specified in the Regulations.
Rules for participation in the international High School Business Challenge competition
Rights and obligations of participants
- Participants of HSBC may be students of secondary schools in Poland, the Czech Republic, Hungary and Slovakia, where the curriculum ends with the matriculation examination.
- Participation in HSBC is voluntary and free of charge.
- HSBC is team-based. A team is entered into the competition by its leader, using the registration form on the website www.businessismore.eu.
- The application must be confirmed by each participant of the respective team by clicking on the verification link sent by the Organizer after completing the form, within:
1) 72 hours if the application was made between 07.02.2022. -17.03.2022.;
2) 48 hours if the application took place on 18.03.2022;
3) 24 hours if the application is made on 19.03.2022.
- Participants have the right to register individually, agreeing to be combined by the Organiser into teams.
- Registration of individual participants ends 7 days before the deadline for completion of team registration referred to in paragraph 10.
- The Organiser shall combine individual participants into teams on the basis of the division of districts no later than within 48 hours of the end of registration of individual participants.
- Participants selected into teams by the Organizer shall choose a leader and a team name among themselves and report to the Organizer no later than the last day of team registration referred to in paragraph 10.
- To teams formed from individual participants § 4.4 applies.
- Team registration is possible on 07.02.2022. – 19.03.2022.
- The team is assigned to a district according to the location of the school attended by the team leader.
- The participant is required to:
1) read and comply with the HSBC Rules and Regulations,
2) comply with all instructions given by the committee supervising the course of each stage of the competition,
3) provide the correct personal information required for participation in the competition and hold and present a document which enables the Organiser to confirm this information,
4) inform the Organiser of any irregularities observed during the Competition.
Organisation of the competition
- 1. HSBC is a four-stage competition and consists of:
1) first stage,
2) regional stage,
3) national stage,
4) international stage.
1a. The first, district and national stages shall be held remotely, using electronic means of communication in the national languages of the place of study of the participants.
1b. The international stage takes place in a stationary form in Warsaw in English.
2. The level of difficulty of the competition increases at subsequent stages
3. Tests and tasks which are the basis for conducting the stages at all levels are prepared by Task Authors appointed by the Organiser.
4. Results of each stage are published on the HSBC website www.businessismore.eu.
- The following provinces are included in the Polish districts:
1) Gdańsk: Zachodnio-Pomorskie, Pomorskie, Warmińsko-Mazurskie;
2) Kraków: Małopolskie, Podkarpackie, Świętokrzyskie, Lubelskie;
3) Poznań: Lubuskie, Wielkopolskie, Kujawsko-Pomorskie;
4) Warsaw: Podlaskie, Mazowieckie, Łódzkie;
5) Wrocław: Dolnośląskie, Opolskie, Śląskie.
- The individual districts in the Czech Republic are as follows:
1) Prague: Hlavní město Praha, Středočeský kraj, Liberecký kraj, Karlovarský kraj, Jihočeský kraj, Plzensky kraj, Ustecky kraj, Kralovohradecky kraj;
2) Brno: Vysočina, Jihomoravský kraj, Pardubický kraj;
3) Ostrava: Olomoucký kraj, Zlínský kraj, Moravskoslezsky kraj.
- The individual counties in Hungary are as follows:
1) Budapest I: Pest, Budapest: District I.,II., III., XI., XII., XXII ;
2) Budapest II: Budapest: District IV., V., VI., VII., VIII., IX., X., XIII., XIV., XV., XVI., XVII., XVIII., XIX., XX., XXI., XXIII., Bács-Kiskun, Jász-Nagykun-Szolnok, Csongrád-Csanád;
3) Veszprém: Baranya, Békés, Borsod-Abaúj Zemplén, Fejér, Győr-Moson-Sopron, Hajdú-Bihar, Heves, Komárom-Esztergom, Nógrád, Somogy, Szabolcs-Szatmár-Bereg, Tolna, Vas, Veszprém, Zala.
- The individual districts in Slovakia comprise the following regions:
1) Bratislava: Bratislavský, Trnavský, Trenčiansky, Nitriansky, Žilinský;
2) Košice: Banskobystrický, Prešovský, Košický.
- The first stage shall start on 21.03.2022 simultaneously in all countries with the release of the worksheet to the registered teams.
- The first stage consists of solving a worksheet comprising 20 (in words: twenty) multiple-choice closed tasks on international law, business management, marketing knowledge and economics.
- The teams have 7 (in words: seven) days from the date of making the worksheet available to send back the solved tasks via a form made available by the Organiser.
- After verification of the submitted solutions, the Organiser announces the results of the first stage for a given district.
- 5 (in words: five) teams from each district, which achieved the best points results, are qualified for the district stage.
- In the event of an equal number of points obtained by the Participants in the first stage, qualification for the district stage is determined by the higher number of points obtained for solving test questions from the group of tasks with higher points.
- In the event of an equal number of points obtained in each group of points, qualification for the district stage is determined by the time of sending solutions. The team which sends its solutions earlier will be promoted.
- The Organiser will appoint a First Level Committee consisting of no fewer than three members, whose task will be to monitor the merits of the first stage and to resolve any appeals and doubts concerning the issues which are the subject of the competition stag
1. The district stage takes place on 10.04.2022.
2. The district stage takes place simultaneously in all districts and consists of one part consisting of the presentation by teams of multimedia presentations on a topic related to business management. The deadline for submission of the paper to the email from which they received the paper is twenty-four hours from the time the Organiser makes the task available to the participants.
3. The district stage shall be conducted by the District Commission appointed in a given district by the Organizer, consisting of not less than three members.
4. The District Commission has the right to disqualify a team as a result of a breach of the conditions specified in regulations and informs the Organizer about the situation provided for in § 11.5 of the Regulations.
5. Multimedia presentation is intended for maximum 15 minutes.
5a. Organizer can make a decision about shortening or lengthening of presentations time for all teams due to objective reasons related to the smooth running of the competition.
6. A team may receive a maximum of 50 points from each member of the District Committee for its team presentation. The final score earned by a team is the average of the scores assigned by each member of the District Committee.
6a. The Organizer reserves the right to change the maximum number of points due to special circumstances connected with the specificity of the competition task.
7. In the event of a tie in the number of points scored by the teams during the presentation, the District Committee will decide eligibility for Nationals.
8. Five (5) teams from each state will advance to the central stage, with no fewer than one (1) team from each qualifying district.
9. The detailed conduct of the district stages is governed by the District Commission’s instructions, which are made available to HSBC participants 5 days prior to the start of the stage.
10. Records of the HSBC district stages are maintained by the District Commissions. Documentation in each district consists of:
1) district competition minutes,
2) committee evaluation sheets,
3) multimedia presentations of the teams.
11. The District Commissions shall submit to the Organizer protocols of the district stages together with appendices consisting of evaluation sheets issued by individual commission members and multimedia presentations presented.
1. The national stage is conducted by the co-organizers in cooperation with the Organizer.
2. The national stage takes place on 28-29. 05. 2022 and consists of two parts.
3. Detailed rules for the National Preliminaries are governed by the National Committee Manual, which is made available to HSBC participants 5 days prior to the start of the Preliminaries.
4. The national stage takes place in a controlled self-management environment. The Organizer may disqualify a team for not answering the questions independently or for not fulfilling the formal conditions specified in the Rules and Regulations and in the instruction attached to the task sheet.
5. Records of the HSBC national stage are maintained by the National Committees. Documentation in each country consists of:
1) minutes of the central competition,
2) committee evaluation sheets,
3) solutions to tasks by teams.
6. The first part of the national stage consists of a team solution of a short case study related to the topic of business and entrepreneurship, in particular management, marketing, data analysis and interpretation or corporate finance. Only the team’s passed report presenting the results of the team’s work is evaluated. Three hours (180 minutes) are allotted to solve and submit the report.
7. A team can receive between 0 and 25 points for the first part of the national qualifier.
8. In the second part of the national preliminaries, teams solve a case study, prepare a presentation outlining their solution to the problem, and then present it before the National Committee and defend it. The defense of the paper consists of answering questions from the National Committee that relate to the solution to the task presented by the team and issues related to the topic of the presentation
9. A total of five hours (300 minutes) is allotted to prepare and submit the presentation.
10. There will be 15 minutes for the presentation and 10 minutes for questions from the Commission.
11. In the second part of the national qualifier, a team can receive between 0 and 50 points.
12. The Organiser may decide to shorten or extend the time of individual activities during the national stage and change the formula of the first or second part of the stage as well as the number of points awarded to all teams due to objective reasons connected with the efficient conduct of the competition.
13. A team’s place is determined by the total number of points earned for both parts of the national preliminaries.
14. The results are announced on the day the competition ends. The list of HSBC finalists along with the name of the school is published on the HSBC website.
The international stage
1. The international stage takes place on 05-09. 07. 2022 in Warsaw.
2. Detailed information about the International Final will be made available to the participants no later than 14 (in words: fourteen) days before its commencement.
3. The Central Committee appointed by the Organizer is responsible for the International Finals.
4. The Organizer is obliged to organize and cover costs related to transportation and stay of the finalists and guardians of under-age participants during the international stage.
5. The organizer reserves the right to change the date of the international stage.
6. Responsibility for underage participants in the international stage rests with their legal guardian or another adult appointed by their legal guardian.
7. In case of underage participants, they are obliged to provide information about the person who will supervise them during the international stage within 14 days (in words: fourteen days) before the start of the stage, under pain of disqualification.
8. If the person taking care of the participant is not his/her legal guardian, the participant is obliged to attach to the information referred to in paragraph 7 the consent of his/her guardian or legal guardians to such a situation.
9. The organizer reserves the right to verify the identity of a participant’s or team’s guardian as to their legal custody.
1. The Organizer will make every effort to hold HSBC in easily accessible locations to provide comparable conditions for participants with disabilities to participate in the Contest.
2.The Organizer does not guarantee the possibility of entering the Competition at a different time to a participant who did not appear at the competition due to sudden illness or other significant accident.
3. Only persons who are in possession of a valid identity document (school identification card, identity card, passport or other document with a photograph proving identity) are allowed to take part in the first, district, national and international stage.
4. The Organizer reserves the right to change the date of particular stages of the competition in case of extraordinary or unforeseen circumstances.
5. If the facts regarding the age and place of education of a participant do not match the conditions stipulated in § 4 sect. 1, the Organizer may waive the legal effects of its declaration of will in the form of accepting the team’s application, which is equivalent to disqualifying the team.
6. Situation referred to in § 11. 5 results in Organizer’s decision to disqualify team ex tunc. If this team has obtained a classification for the next stage, it may be replaced by another team in the ranking by the Organizer’s decision.
7. A team that is disqualified during the international stage cannot be replaced by another team from the national ranking list.
8. The Organizer does not bear responsibility for the consequences of §11 sect. 5-7 if it is impossible to repair the legal effects caused by the participant referred to in sect. 5, especially in terms of qualifying for the next stages of the competition.
9. The decision of disqualifying a team and replacing it with another one will be sent by the Organizer to the interested participants immediately after the mistake mentioned in §11. 5 of the Regulations are discovered.
10. Detailed information regarding changes to the competition will be communicated to the Participant with due notice.
11. The organizer reserves the right to change the district of the team in case of significant disproportions in the number of teams in districts or other situations, which would cause objective problems in the realization of the competition, especially equality between the participants.
12. If, as a result of a situation not caused by the activity of the Organizer, co-organizers or jury, the number of participants in a team falls below three during the stage, the whole team will be disqualified by the decision of the relevant jury.
13. If it becomes apparent before the date of the actual stage that a team is unable to participate, the Organizer may decide to replace it with another team in the appropriate ranking list.
1. The appeal against the decision of the First Level Committee, District Committee and National Committee should be submitted to the Organizer within 3 (in words: three) days (the date of sending the e-mail is decisive) from the announcement of the results of the relevant stages of the competition to the public or receipt by the participants of the e-mail information regarding the results.
2. The appeal, on behalf of the entire team, is submitted by the team leader.
a) The appeal shall be written in English.
b) The content of the appeal should be sent by e-mail to the address assigned to the country from which the team participants come, i. e. :
· for participants from Poland: email@example.com
· for participants from the Czech Republic: firstname.lastname@example.org
· for participants from Hungary: email@example.com
· for participants from Slovakia: firstname.lastname@example.org
3. The Organizer shall consider the appeal and respond as soon as possible, no longer than 5 (in words: five) days from the date of receipt of the appeal. The answer is provided by e-mail to the address from which the appeal was sent
4. The decision of the Organizer and the Central Committee cannot be appealed
Awards and entitlements
1. The winning team of the international stage will receive a prize of 3500 euros.
2. Second place finalists will receive a €1,000 prize.
3. Third place finalists will receive a prize of €750.
4. The fourth place finalists will receive a prize of €750.
5. The prizes will be reduced by the 10% flat-rate income tax, pursuant to art. 30 item 1 point 2 of the Personal Income Tax Act of July 26, 1991 (Journal of Laws 2021 item 1128 as amended)
6. On the day of the end of the international stage, winners and finalists of the second, third and fourth place are obliged to sign a declaration that they will send an e-mail to: pl@businessismore. eu with a confirmation of receiving the prize within 3 days after receiving the transfer to the bank account number indicated by the leader.
7. The Organiser reserves the right to award prizes in kind and financially to the remaining Laureates or Finalists, if funds are available for this purpose, and also to increase the amount of the prizes determined in the Regulations, which shall be reduced by the tax referred to in §13. 5.
8. Prizes will be transferred no later than 23. 07. 2022 to the bank account number indicated by the group leader. The account number provided must not be registered with a bank located outside the European Union.
Regulations of the Competition for Teachers organized within the framework of
international High School Business Challenge competition
Teachers’ rights and responsibilities
1. The Competition for Teachers is open to teachers of secondary schools in Poland, the Czech Republic, Slovakia and Hungary.
2. Participation in the Contest is voluntary and free of charge.
3. The teacher is required to:
a) to become familiar with the Rules of the Contest and to abide by them,
b) follow all instructions of the Competition Committee,
c) have and present a document that allows his/her identification by the Organizer,
d) efficient contact with the Organizer;
e) provide prize shipping information in the event of a win. Contact with the teacher will be made through the school that was specified by the Participant indicating the teacher in question as the person who encouraged the Participant to participate in Stage One.
4. The teacher has the right to appeal the Competition Committee’s decision, in accordance with the procedure specified in § 17 of the Regulations.
Course of the competition for teachers
1. The competition for teachers consists of one stage.
2. The winner is the Teacher with the most points awarded by the Organizer.
3. Points are awarded based on the number of participants in the international High School Business Challenge who identified a particular teacher on the recruitment form as the person who encouraged them to participate in Stage One.
4. In the case of team entries, each member of the team is deemed to have nominated as a recommender the teacher indicated by the team leader.
5. One point is awarded for each secondary school student who has indicated a particular Teacher in the entry form.
6. In the case of an equal number of points obtained, the winner is the person who achieved a given result in a shorter time.
7. The results of the Competition are announced on the website www.businessismore.eu no later than 14 days after the end of registration on HSBC.
8. The prize for the winning teacher is a remarkable 2 e-paper tablet worth approximately €400.
9. the prize will be sent by post or courier service within 14 days after publication of the results and receipt of the address details.
10. The organizer reserves the right to award another prize of equal value in kind to the winner of the teachers’ competition.
- The Contest Committee consists of three persons appointed by the Organizer.
- The task of the Contest Committee is to select the winner of the Teachers’ Competition based on the applications submitted as part of the international High School Business challenge.
Appeal procedure and disqualification
- An appeal against the Contest Committee’s decision should be submitted to the Organizer within 3 (in words: three) days (the date of sending the email is decisive) after the results of relevant stages of the competition are made public.
- The appeal shall be written in English.
- The Organizer shall consider the appeal and respond as soon as possible, no later than 5 (in words: five) days from the date of receiving the appeal. The answer shall be given by e-mail.
- In case a teacher fails to fulfill the obligations referred to in §14.3 the Organizer decides to disqualify him/her.
- The ranking place of the disqualified teacher is taken by the next teacher on the ranking list.
- The decision of the Organizer cannot be appealed.
Rules of the Competition for Ambassadors organized as part of the international High School Business Challenge
As part of the Contest for Ambassadors, §16-17 of the Rules apply accordingly.
Participants’ rights and obligations
- The contest is open to HSBC Ambassadors in Poland, Czech Republic, Slovakia, and Hungary.
- The participation in the Competition is voluntary and free of charge.
- The Ambassador is obliged to:
- to familiarize himself with the Contest Regulations and to abide by them, obey all instructions given by the Selection Committee,
- to provide in the application form, which will be attached to the e-mail information sent by the Organizer, correct personal data necessary for the participation in the Competition,
- to have and present a document which makes it possible for the Organizer to confirm them,
- to contact the Organizer in an efficient manner.
Run of the competition
- The Competition consists of one stage.
- The winner shall be the Ambassador who scores the most points awarded by the Organizer.
- The points are awarded based on the number of participants in the international High School Business Challenge who indicated a particular Ambassador in the recruitment form as the person who encouraged them to take part in HSBC.
- In the case of team entries, each team member is deemed to have been nominated as a referral, the ambassador nominated by the group leader.
- One point will be awarded for each secondary school student who has nominated an ambassador on their entry form.
- In the case of a tie, the winner is the person who achieved the score in a shorter time.
- The results of the Contest are announced on the website www.businessismore.eu no later than 14 days after the end of the registration on HSBC.
- The prize for each of the five most active Ambassadors is a €50 gift card.
- The prize will be sent by email within 14 days of the publication of the results and receipt of the Ambassador’s address details.
- The Organizer reserves the right to award a prize of equal value to the winners of the Ambassador competition.
Processing of personal data
- By taking part in the HSBC, the Teacher’s Competition and the Ambassador’s Competition respectively, each participant, teacher and ambassador acknowledges that they have read and agree to abide by these Terms and Conditions.
- In order to enter the competitions the student (in the case of an adult student), the student’s legal guardian (in the case of a minor student), the teacher and the ambassador agree to the processing of their personal data by the Organiser and HSBC’s partners. At the same time the participant, teacher and ambassador acknowledge that:
- the administrator of the personal data processed as part of the competitions referred to in paragraph 1 is the European Foundation for Entrepreneurship Development, KRS: 0000836387 NIP: 5213894656, based in ul. Czerniakowska 24/39, 00-714 Warsaw
- Personal data will be processed solely for the purpose of carrying out and documenting HSBC, publishing the results of the Teacher Challenge, the Ambassador Challenge and the individual stages of the HSBC preliminaries (including announcing them in the media, on the internet and on HSBC’s website), and for any necessary reporting purposes, on the basis of consent given by the participant,
- personal data may be shared with: entities cooperating with the European Foundation for the Entrepreneurship Development, including its corporate partners, partners of the “High School Business Challenge” competition, other entities which process personal data on the basis of relevant agreements with the European Foundation for the Entrepreneurship Development, whose controller is the European Foundation for the Entrepreneurship Development.
- Personal data may be disclosed to entities listed in paragraph 3, both in order to conduct and document the competition, publish the results of the competition and the results of particular stages of HSBC eliminations (including announcing them in the media, on the Internet, on HSBC’s website), or necessary reporting, as well as for promotional and marketing purposes of entities cooperating with the European Foundation for Entrepreneurship Development and HSBC’s partners.
- Providing data is voluntary, however, refusal to provide it means that you will not be able to participate in the competitions,
- have the right to access their data and correct them,
- have the right to object to further processing, and in the case of consent to data processing to withdraw it. Exercising the right to withdraw consent does not affect the processing that took place until the withdrawal of consent,
- they have the right to lodge a complaint with a data protection supervisory authority in Poland,
- entering by a participant in HSBC, a teacher in the Contest for Teachers and an ambassador in the Contest for Ambassadors is tantamount to gratuitous consent for using the participant’s image in the materials of the contests of informational or promotional character and disseminating it for this purpose in the media, including the website (photographs and videos reporting the course of the contests).
- All disputes and claims related to the Contest, which cannot be resolved by agreement between the parties, shall be settled by a common court of law competent for the Organizer’s seat.
- The Regulations can be changed by announcing the new content on the Organizer’s website, provided that the change will not violate the acquired rights of Participants, Teachers and Ambassadors, and will not affect their equal opportunities.
- In matters not regulated by the Rules, the provisions of the law commonly binding in the country where the Organizer has its seat shall apply.
- These Terms and Conditions will be effective from the date of commencement of entries for the HSBC Competition.
- The English language version of these Rules shall apply to the interpretation of the provisions hereof.