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TABLE OF CONTENTS

1. Background .......................................................................................... 2
2. Theme .................................................................................................. 3
3. Subtheme ............................................................................................. 3
4. Participant Terms & Conditions ........................................................... 3
5. Term Of Work ....................................................................................... 4
6. Writing Systematics.............................................................................. 4
7. Elements In Bmc .................................................................................. 5
8. Registration Instructions ...................................................................... 6
9. Assessment Indicators ......................................................................... 7
a. BMC Scoring Criteria ................................................................... 7
b. Final Presentation Scoring Criteria .............................................. 8
10. Timeline ............................................................................................. 9
11. Prize Pool ........................................................................................ 10
12. Others .............................................................................................. 10
a. Additional Information ................................................................ 10
b. Social Media ............................................................................... 10

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1. BACKGROUND
The 7𝑡ℎ International Student Conference on Management and
Business Studies (The 7𝑡ℎ ISCOMBUS) is one of a series of
international Management Festival events and in it there are two forms
of activities, namely the Business Model Canvas (BMC) competition
and a webinar held by (Management Student Association) HIMAMA
FEB UMY. ISCOMBUS itself is a place for students to express their
ideas in entrepreneurship.
In a dynamic and competitive economic era, business innovation
is the key to driving sustainable economic growth. Companies are
required to continuously adapt and create new value to remain relevant
in the market. However, innovation is not only the pursuit of excellence,
but must also consider sustainable aspects.
Therefore, this 7𝑡ℎ ISCOMBUS Management Festival is themed
"Strategic Business Innovation for Sustainable Economic Growth".
Industry 5.0 drives changes in the industrial world and changes in
consumer behavior that drive changes in the business world. One of
the factors that is key to the success of a business in the industry is
innovation. For a business that wants progress, development, and to
maintain its business in the future, business innovation is very
necessary for business. The importance of business innovation is so
that companies are able to survive and continue to develop following
the times faced with various business turmoil.
This theme reflects the spirit of positive transformation in the
business world, where innovation is integrated with strategy to create
a long-term positive impact. Participants are invited to explore and

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 analyze the implementation of smart and sustainable business
innovations, which not only improve the competitiveness of the
company, but also contribute to balanced and sustainable economic
growth.
Let's explore the incredible potential of innovative ideas that not
only drive businesses forward, but also create a positive impact in
building a sustainable future by joining the 7𝑡ℎ ISCOMBUS
competition.

2. THEME
"Strategic Business Innovation for Sustainable Economic Growth"

3. SUBTHEME
a. Food and Beverage
b. Fashion
c. Creative Industry
d. Service
e. Digital Business

4. PARTICIPANT TERMS & CONDITIONS

a. Participants are active students (D3 / D4 / S1) from universities
around the world, proven by scanned Student Identity Cards.
b. Participating teams are individuals or groups, consisting of 1-3
students with 1 student as team leader and the others as team
members (allowed from different majors and faculties but still within
the same university).

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 c. The submitted works are original works (original and not plagiarized
from other people's works) that have never been published and
have never won in other competitions.
d. Each group is only allowed to submit 1 of their best ideas with a
predetermined sub-theme.
e. Participants must follow the rules issued and made officially by The
7𝑡ℎ ISCOMBUS committee.

5. TERM OF WORK
a. The work is original and has never been competed in other similar
competitions as evidenced by a letter of originality (
https://bit.ly/Template_IBMCC ).
b. The work created must be in accordance with the themes and sub-
themes determined by the committee.
c. The content of the paper does not contain provocation,
pornography, discrimination, and SARA.
d. It is not allowed to include the name and/or university in each
participant's work.
e. Use English in each work submitted.
f. BMC works are submitted in PDF format with the naming format
(Team Name_Team Leader Name_University).
Example: Synopsis_Maysya Miranda_Universitas Muhammadiyah
Yogyakarta

6. WRITING SYSTEMATICS
a. The paper is in landscape format.

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 b. Participants use the template provided by the committee
( https://bit.ly/Template_IBMCC ).
c. The BMC contains the 9 elements described in point 7.
d. BMC is collected in PDF format.
e. The proposals collected consisted of:
- Cover
- Business Profile
- BMC
- Biodata of Team Leader and Members
- Letter of Originality

7. ELEMENTS IN BMC
a. Customer Segments: Who are your customers? This could be a
single group or multiple groups.
b. Value Propositions: What value do you offer to your customers?
This could be a product, service, or experience that solves a
problem or meets a need.
c. Channels: How do you reach your customers? This could be
through direct sales, online channels, or partnerships.
d. Customer Relationships: What type of relationship do you have
with your customers? This could be transactional, self-service, or
community-based.
e. Revenue Streams: How do you generate revenue from your
customers? This could be through sales, subscriptions, or
advertising.

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 f. Key Resources: What resources do you need to create and deliver
your value proposition? This could be physical assets, intellectual
property, or financial resources.
g. Key Activities: What activities do you need to perform to create
and deliver your value proposition? This could be marketing, sales,
production, or customer service.
h. Key Partnerships: Who are your key partners? This could be
suppliers, distributors, or other businesses that you collaborate
with.
i. Cost Structure: What are your costs associated with running your
business? This could be fixed costs, variable costs, or economies
of scale.

8. REGISTRATION INSTRUCTIONS
a. Fill out the google form at the following link (
https://bit.ly/RegitsrationIBMCC )
b. The Registration Fee is:
- Internal UMY : Rp 100.000/6,4 USD
- External UMY : Rp 200.000/12,8 USD
c. Payment is made via:
- Bank Mandiri : 1370021669268 a.n. Aqmarina Meynaz
Zahra
- Dana : 081525936603
d. Participants upload all files on the google registration form
e. Participants join the WhatsApp group at the link at the end of the
google form.

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 f. After registering, the group leader must confirm at 081525936603
(Aqmarina Meynaz Zahra).

9. ASSESSMENT INDICATORS
a. BMC Scoring Criteria
No Scoring Criteria Weight
1 Theme 5%
The suitability of the business idea in the
BMC with the theme options provided.
2 Innovative and Creative 15%
A business idea has a unique value
proposition that has advantages and is
different from other business ideas. The
business idea is presented as innovatively
and creatively as possible.
3 Originality 15%
The business idea presented in the BMC has
never been created by others, competed in
other competitions, and is purely the
originality of the participant's business idea.
4 Business Realization Potential 15%
How potential the business idea presented
can be realized into a sustainable business.
5 Elements of Business Model Canvas 50%
The suitability of the elements in the business
work presented in the BMC. BMC elements,
namely:
- Customer Segments
- Value Propositions
- Channels
- Customer Relationships
- Revenue Streams
- Key Activities

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 - Key Resources
- Key Partnerships
- Cost Structure
Total 100%

b. Final Presentation Scoring Criteria

Scoring
No Grading Indicator Weight
Criteria
1 Material ● Time accuracy: 20%
indicators and attendance in zoom,
presentation accuracy of participants in
time utilizing presentation time
and smoothness of
presentation.
● Presentation manner and
attitude: On-camera,
division of labor among
the group when
presenting.
● Systematic presentation of
the presentation
presented attractively and
well.
2 Ability to ● Creativity of ideas 50%
present, a. Innovative and creative
understand business idea
and convey b. Business idea has a
business ideas strong unique value
proposition
c. Is up-to-date
d. Has clear benefits
when the business is
realized
e. Has a positive impact

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 and is sustainable
● Implementation feasibility
a. Product
display/mockup design
presented
b. Product prototype
● Use of English
a. Using good and correct
English
3 Discussion and ● Discussion and Q&A 30%
Q&A with the a. Understand and be
jury able to justify the ideas
presented
b. Team members work
together to respond,
respond, and answer
the jury's questions
properly and correctly.
a. Consistent in
answering the judges'
questions and can
defend their ideas and
arguments.
Total 100%

10. TIMELINE
No Timeline Activity Description
Friday, March 1st - Sunday, March
1 Registration
31st 2024
Monday, April 1st - Monday, April Administration
2
15th 2024 Checking
Tuesday, April 16st - Sunday, May
3 Scoring Session
12th 2024
4 Monday, May 13th 2024 Top 10 Finalist

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 Announcement
5 Thursday, May 16th 2024 Technical Meeting
Friday, May 17th - Saturday, May
6 PPT Submission
25th 2024
7 Wednesday, June 5th 2024 Presentation Day
Conference and
8 Saturday, June 8th 2024
Awarding

11. PRIZE POOL

PRIZE TOTAL 6,5 MILLION
a. 1st Place : Cash + E-Certificate
b. 2nd Place : Cash + E-Certificate
c. 3rd Place : Cash + E-Certificate
d. Best Presenter : Cash + E-Certificate
e. All Participants : Free International Conference + E-
Certificate

12. OTHERS
a. Additional Information
- The contents of this booklet are subject to change according
to the situation and conditions.
- If there is any other information that has not been provided, it
will be sent by the organizers to the WhatsApp group /
ISCOMBUS technical meeting.
- For more information, please contact (WhatsApp):
• 0898-8713-183 (Maysya)
• 0821-9746-0506 (Nabila)
b. Social Media

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Instagram : @himamafeb_umy
@managementfestival)
TikTok : himamafeb_umy
Official Website : https://mgfestivalumy.wixsite.com/mg-fest
Gmail Official : iscombushimamaumy@gmail.com

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