The competition takes place in four stages:
- Qualifying stage: After registration, teams of three compete with each other on an institutional level.
- Quarterfinals: A maximum number of 27 institutions compete against each other (online)
- Semi-finals: An online competition among the 9 winning teams.
- Finals: Three finalists compete against each other at the EIB headquarters in Luxembourg (if not restricted due to Covid-19 pandemic)