FAQS

>>Who can participate?

• The competition is for students only.
  • Each team shall have 2/3 members
  • Open to final year undergraduate and post graduate students of business and commerce

>>What are the time lines?

• Time lines :
  • Submission of synopsis – 20^th of March 2015
  • Evaluation & selection – by 27^th of March 2015
  • Final industry presentation – 11^st of April 2015

>>What is procedure and level?

• Procedure / levels : The plan has two levels
  • Synopsis submission shall be evaluated & assessed by industry experts
  • Selected teams will submit their detailed business plan
  • The plan will be presented to industry experts based on the stream
  • Industry experts will select the best
  • To participate in the plan ,the team will register with the organizers
  • Registered team will be intimated & necessary instructions given for submission of synopsis

>>How should I submit my synopsis?

• The procedure & format for submitting synopsis will be sent across to registered team

>>How is the plan evaluated?

• The evaluation of synopsis &final round is done by industry experts. The evaluation criteria / parameters are as follows:
  • Clarity of business idea
  • Practicality of the plan
  • Uniqueness of the idea
  • Overall impression

>>What other benefits does it offer me?

The final round will have two parts

• A full business plan submitted by selected teams that will be evaluated for 75 marks
• A presentation of same not lasting more than 20 minutes that will be evaluated for 25 marks
• The evaluation shall be done by industry experts

>>The following benefits were offered by competitors

• Certificates for all participants
• Awards for finalist
• Winners get a chance to present their idea to the industry & get seed funding
• Winners get suitable material rewards

>>What other benefits does it offer me?

Each team is allowed to make one entry. Any double entry leads to disqualification

>>When will be the first round result ready?

The first round result is / will be announced by the 1^st week of March. The selected teams will get one month to make to make final plan & presentation.

>>What theme & tracks are available?

There are two tracks:

• Business stream-involving normal business
• Social stream – which looks at social entrepreneurship. These are business solutions that solve social problems in a profit /non profit mode.