The contest required participants, aged between 16-25 years, to present a variety of business concepts to the GSB Board of Directors (BoD). From an initial 1,200 teams, 100 teams were then chosen to go through to the next stage. This was then reduced to 10 final teams who then had to do a 10 minutes presentation and answer questions about their business concept to the BoD on 14th November 2556, at Purachatra Bank headquarters. It was then down to the BoD to select the winning team who would claim the Million Baht prize money. The team they chose as winners was a team called Facebiz which was made up of Wongsakorn Tesyarath and Songyos Manprasartkul, students from Phuket Wittayalai School.