Rotaract Club of Nagpur Ishanya will be organising a city level Unique Business Idea Competition, “IDEAts” on 28th January, 2012. This competition is being initiated with an objective of channelizing the hidden business acumen and to promote entrepreneurship skills among youth.
Students from all colleges and even non-collegiate youngsters are encouraged to participate in this competition. The event promises a luring cash prize to the winner & runner up and gift vouchers, certificates to all participants.
Event Structure –
Rotaract Club of Nagpur Ishanya will be organising a city level Unique Business Idea Competition, “IDEAts” on 28th January, 2012. This competition is being initiated with an objective of channelizing the hidden business acumen and to promote entrepreneurship skills among youth.
Students from all colleges and even non-collegiate youngsters are encouraged to participate in this competition. The event promises a luring cash prize to the winner & runner up and gift vouchers, certificates to all participants.
Event Structure –
1) Each Team shall comprise of 3 members, male or female or both.
2) College students as well as non-collegiate can participate.
3) Participation Fee – Rs. 500/- per Team
4) Special recognition for the college sending maximum Teams.
Judges –
Panel of 4 extinguished business personalities and industrialists from various Business Forums & Industries.
Round 1 – Submission of Synopsis – 50 marks
Participant is expected to convey the business plan (idea) in precise points.
Participants should submit the Synopsis on or before 22nd December, 2011.
Round 2 – Group Discussion – 50 Marks
Each Team will choose a team leader, who will appear for Group Discussion. 5 Teams will form one group for Group Discussion.
On the basis of total marks scored from the above 2 Rounds, top 10 Teams will make it to the Final Round. (Subject to changes)
Round 3 – MS PowerPoint Presentation & Business Plan Presentation (Need, Scope, Finance, Structure, Revenue, Marketing, Risk & Future) + Question & Answers Session with the Judges
1) Participants will submit their business idea through a MS PowerPoint presentation, share the business plan and appear for a Questions & Answers Session.
2) Each Team will get 10 minutes for its Presentation and 5 minutes for Question and Answers Session with Judges..
Significant Advantage –
Some industrialists present at the event will mentor and financially support the viable business ideas.
Top 2-3 Business Ideas will get a direct entry in TiE’s National Business Plan Competition.
Top 2-3 Business Ideas will get a chance to present their ideas in TiECON, one of the biggest and widely acknowledged Annual Conference of Entrepreneurs.
Venue : Sai Sabhagruh, besides American Desi, Shankarnagar, Nagpur
Date : 28th January 2012
Contact : Rtr. Malhar Deshpande (09730765951)
Rtr. Eeshan Sahasrabuddhe (09860631820).
Website : http://rcni.co.in/