The International Business Plan Competition (IBPC) is an annual event, in Fall, organised by SolBridge, International School of Business, part of Woosong University. Undergraduate students from leading universities around the world are invited to the heart of Silicon Valley of Korea, Daejeon city.

Students are given a real-world scenario of a leading Korean multinational company and expected to develop in-depth analysis and recommendation for a specific product or service of the company; the whole competition is built around this case. 24 Teams first play preliminary rounds, the 8 best teams advance to the final.