If you need further information before applying as a business judge, please contact us at: e.popov@formula-student.nl/i.vanstraaten@formula-student.nl Teams present their business plan for the built prototype to a supposed manufacturer, who will be represented by the jury. The aim is to convince the jury that their car best meets the requirements of the target group of the non-professional weekend autocross driver and can be produced and marketed profitably. The evaluation begins with an abstract, which must be submitted before the competition and gives a first impression of the business plan. After submitting the executive abstract, the team will receive a specific deep dive topic from the presentation judges prior to the competition. Each team must present this deep dive topic in detail as part of the team`s activities. Typically, one or two team members make a presentation for ten minutes and are questioned by the judges for an additional five minutes. The content, structure, organization and implementation of the conference will be evaluated as well as the students` responses. The presentation of the business plan is a static event within Formula Student where teams are tasked with presenting a profitable business around their race car prototype. These presentations require detailed financial forecasts, high-level project management and, most importantly, convincing presentation skills. With general rules, the BPP challenges teams to get creative and stand out from the crowd.
If you have an affinity for finance, presentation or innovation in general, chances are you`re a good candidate for the BPP jury team. In the design report, students explain their constructive solutions and the resulting benefits in writing. Eight pages of text and vehicle drawings must convince the jury of the car`s design and qualities for the non-professional weekend autocross racer`s sales market. As part of the competition, jurors review constructive solutions and discuss them with students. The evaluation refers to the written report, the answers in the discussion and inspection of the car. At Formula Student Germany, the technical design judgment consists of two parts: After very busy days of organizing and evaluating virtual presentations, we are pleased that 109 teams (about 600 students) were able to present their business plans this year. The cost event is designed to prepare students to work in the industry and add extensive experience to their university studies. Creating a bill of materials, estimating costs, understanding manufacturing processes and tools, and providing technical documentation for their design are valuable skills for the industry. The cost event also promotes an important technical skill: trade-off analysis. Cost leads to many trade-offs in the industry, and the cost event is designed to simulate these phenomena. Ask students to find out if a potential saving in lathe time and design points outweighs the cost and complexity of a particular design.
Discipline consists of a written cost report, a real case presented in an industrial situation and a visual inspection on the day of the event, during which the cars are checked for their components and the feasibility of production. Congratulations to the finalists Sussex Racing, University of Nottingham Racing and FRTUCY of the University of Cyprus and good luck preparing for the final at Silverstone. Congratulations also to UPM Racing from the UPM Technical University of Madrid for the first place in the FS-AI corporate presentation event – our first winners of 2021. A weekly summary of the most popular and up-to-date stories on our website so you don`t miss anything If you think the delay has been miscalculated, please send fs@imeche.org an email with supporting information by Monday, July 5 and we will endeavor to respond before Friday, July 9. We hope all the teams enjoyed the experience and took useful feedback for your career and presentations for next year. . Be sure to download the additional rules from the FS rules page and, while you`re here, get a copy of the special condition for this year`s BPP from the Forms and Documents page. Audio Guide Your browser does not support the audio tag. GTaudio_6.mp3 We recently updated static event rules with some minor additions related to business, cost, and design events. Be sure to check the following points of the rule document: All applicable late penalties have been applied based on key data. The penalty for non-submission was imposed under Formula Student UK`s supplementary rule S1.3.7, to continue the tour, please continue beyond the pit building. Panel seven is mounted on the next staircase.
My thanks go to the 40 jurors on my team for their time and hard work, with over 130 hours of jury time between us! A big thank you and good luck goes to my Associate Judge Rob Wild, who will take over the game and fun in 2022. Finally, I want to thank Lucy Killington and her team at IMechE for organizing everything behind the scenes. A clarification after a series of questions from the teams. We saw 109 teams from 22 different countries, with British and European teams making up the majority alongside those from Nigeria, Mexico, Egypt, Hong Kong, India, Bangladesh and Pakistan. It`s great to see the continued diversity of British competition and we look forward to seeing more teams in the years to come. In order to select the best candidates, we would like to ask you for relevant information for the evaluation of the presentation of the business plan (e.B. Student / Work/ Study Experience Formula). Please leave a small description in the form below. For all team members involved in this year`s static business plan presentation (BPP) event, make sure you have downloaded both the FS rules and the UK additional rules for 2020, as the BPP event uses the UK additional rules – see section S1 of the UK Additional Rules for all the details and what you need to provide. Chief Justice Mark Hassall shares an insider`s view on who will make the final at Silverstone this year. You can download the Deep Dive section for the presentation of the business plan from our Important Rules and Documents page.
The real-world scenario is no longer part of the Cost and Manufacturing event. 😉. . . .