Quote:
Originally Posted by Black Claw
Well, one thing we learned is that you have to be a three year team and we have one year to go before we are allowed to apply which is 
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You are allowed to apply as a 2nd year team. Only rookie teams are not eligible to win the award. There is a note that the award will focus primarily on the current year and 2 years before, but that is designed to help younger teams do well against the teams with 10-15 year records (and make it so those teams are not complacent), not perclude 2nd year teams from competing.
As for the original question, I suggest you read some of the winning entries from previous years for an idea of where to begin.
Here is the entry for the 2008 Chairman's Award winners, 842.
http://www.chiefdelphi.com/media/papers/2088
And of course, entries from some teams I have worked with (116 and 612 have won Regional CA's, 1712 will one day soon).
http://www.team116.org/2008/chairmans2008.html
http://www.chiefdelphi.com/media/papers/1816
http://www.chiefdelphi.com/media/papers/2079