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1. |
Economic Fuel is open to teams of one to five persons. As detailed below, each team must include at least one student or recent graduate. A “student or recent graduate” includes anyone within one of the following categories: |
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a.) |
Current students -- a person who (throughout the Economic Fuel competition) has enrolled in classes worth at least twelve units in total during the 2008/2009 academic school year (Fall 2008 semester, Winter 2009 session and Spring 2009 semester) at College of the Redwoods or Humboldt State University.
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| b.) | Graduate students completing their coursework and working on their thesis project - a person who is close to completing or has completed their coursework and is actively working on their thesis project. Graduate students will be required to verify that they are progressing on their thesis work. Verification must be in the form of a letter from the student's faculty advisor confirming their graduate status and that the student is making adequate progress on their thesis project. |
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c.) |
recent graduates who reside locally -- a person who received an Associate Degree or a higher degree from College of the Redwoods, Humboldt State University or any college or university in the United States at any time since December 1, 2006, AND who has maintained his or her primary residence in Humboldt County since at least September 1, 2008. |
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2. |
Students from any department, discipline, major or minor are eligible to participate. Economic Fuel is not restricted to business students. |
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| 3. | All non-cash prize-winning teams that submitted a business plan in a prior year Economic Fuel competition, and finalist teams from a prior year Economic Fuel competition who received the $1,000 Honorable Mention, are eligible to participate in Economic Fuel 2009; given that all team members comply with the official rules and eligibility criteria for Economic Fuel 2009. |
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| 4. | Teams can have a minimum of one member, and a maximum of five. Teams with multiple members may include one or two individuals who are not students or recent graduates, depending on the size of the team, as specified in the chart below: |
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| team | Number
of Team Members |
Student
Members/Recent Graduate Members |
Non-Student
Members/Non-Graduate Members |
guidelin | |||||||||||||||
| 5 |
5 |
0 |
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4 |
1 |
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| 3 |
2 |
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4 |
4 |
0 |
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1 |
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3 |
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2 |
2 |
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3 |
3 |
0 |
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2 |
1 |
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2 |
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2 |
0 |
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| 1 |
1 |
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1 |
1 | 0 | |||||||||||||||||
| 5. | Team members can only participate on one team. Each team may submit only one business plan. |
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| 6. | One team member must be designated as the team leader. The team leader must be a student or recent graduate member. The team leader will be the contact person for Economic Fuel throughout the competition. |
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