If you are certain of these things.
1. PSU is good.
2. CPU and heatsink/HSF is installed properly
3. ram is correct and video card is hooked up
then you should at least get the bios posting. Are you sure the PSU is ok? I've had PSU that would start up when shorting the green and black wire yet would still fail under load.
Anyhow, if you are certain of these things and the board is still under warranty, I'd RMA it.