Stage 1: Submission of business concepts
Deadline: Extended to November 20, 2009 @ 11:59 PM

1. Form a group of 3 to 5 members and register as one team.
2. Submit your business concept to mark@g2ix.com on or before the deadline stated above. See the section Business Concept Requirements below for more info on the requirements.
3. If your SaaS business concept passes the preliminary screening, we will notify you by email. You must receive a score of 6.0 or more to qualify for the next stage.

Stage 2: Presentation
Deadline: November 28, 2009

1. Your team will get the chance to give a 5-minute closed-door presentation before a panel of judges and a 10-minute Q&A will follow.
2. The presentation may be recorded and submitted to the US for further evaluation by the angel investor.
3. If you pass this stage, you will be notified by email.

NOTE: Only the top 5 applicants will be invited to Stage 3 of the competition

Stage 3: Workshop and final judging
Deadline: December 3 and 4, 2009

1. Your team will join the workshop on this day where you will be mentored by serial entrepreneurs and angel investors from Silicon Valley and Manila.
2. Mentors will then dispense their limited advice to your team for a limited time (15 to 20 minutes). Afterwards, you will be given 24 hours to refine your prototype and business concept.
3. If your team qualifies as a finalist, you will be given the chance to do 15-minute closed-door presentation before a panel of judges, followed by a 10-minute Q&A.
4. If your team wins, the real work now starts: You will receive a substantial  investment from a Silicon Valley angel investor along with mentoring to make your business idea a commercial success!

IMPORTANT: The winning team must receive a minimum number of points         from the judges. If no team surpasses this minimum, no winner will be            declared. See section titled Competition Scoring for more information.