The challenge is to ‘develop novel solutions that lowers the cost and/or reduces the risks associated with the transition from fossil-fuel based energy to achieving sustainability
and reliability from renewable energy sources’.
(The challenge statement is NOT meant to be prescriptive in nature. As such, teams may be quite broad in their interpretation of the problem statement their solution specifically addresses. For instance ‘risk’ may relate to all types of ‘risk’ such as technical, cost/pricing, commercial, adoption risk as examples).
Finalists will compete for $125,000 in cash prizes plus funding support for commercialisation of finalist solutions.
Registrations for the 2017 GBC have now closed.
Click the button below to find out which teams have made it to the finals, held in Brisbane Australia. in November.
The Global Business Challenge (GBC) is being conducted as a partnership between QUT, The University of Queensland and Griffith University and with the support of government and industry.
The 2017 GBC is hosted at Griffith University, with the event being managed by, QUT (The Organisers), with the assistance of an Advisory Board, Technical Advisors, executive judges from industry and government as well as our many student volunteers.
The objective of the GBC is to leverage the exceptional intellectual talent from the worlds’ top business schools and universities to solve a major global problem. The competition is designed to challenge students to formulate business solutions for globally relevant and contemporary ‘wicked’ problems with global significance. Importantly, the GBC is designed to foster cross-border and cross-discipline collaborations to create solutions that capture emerging transformative business opportunities for industries, regions and countries.
Solutions will consist of a combination of new and emerging technologies, as well as novel business models to support commercialisation and global adoption of these solutions. Industry prizes are specifically targeted to support finalist teams, or their collaborators in their commercialisation effort. As collaboration is a key pillar of the competition, teams are encouraged to have strong collaboration with technology providers, from research and industry and government organisations.
As the first and largest competition of its type in the world and its partners have committed to host the event for an initial seven year period. This will see the GBC has become the new benchmark in Graduate Case Competitions with a focus on delivering implementable and practical solutions to the world’s biggest challenges.
Registrations for 2017 are now open
Friday 30 June 2017 [GMT + 10:00 Brisbane]
Round 1 submissions due
Monday 10 July 2017 6PM AEST [AEST is GMT + 10:00 Brisbane]
Finalists announced at 12th World Congress Dinner
Thursday 3 August 2017
Monday 6 November – Thursday 9 November