What is the time limit range for the oral presentation for the Business Plan competitive event?

The time limit range for the oral presentation in the Business Plan competitive event is 7 to 10 minutes. This time frame is designed to allow participants enough opportunity to thoroughly explain their business concepts while also keeping the presentations concise and focused. This balance is crucial in a competitive setting where judges evaluate how well participants communicate their ideas and the viability of their business plans. A presentation that is too short may not cover all necessary details, while one that runs too long could lose the attention of the audience and judges. Therefore, the specified range fosters both clarity and engagement, making it an essential guideline for participants to follow in order to effectively convey their business proposals.