Share on Facebook
Presents
The
Business Plan Competition at INSPIRUS’11
Inspirus2011 invites innovative business ideas for The Business
Plan Competition.
Business Plan Evaluators: Mumbai Angels (www.mumbaiangels.com)
General Guidelines
·
Team Information: Student teams and start-ups
(that are not older than 2 years AND whose turnover is not more than 1Crore)
are eligible to participate in the event.
·
Team Size: Individual or team of maximum three
members.
·
Student teams can consist of members from
different institutes as well.
·
There is no restriction on the number of teams
that can participate from an institute.
·
A team can not submit more than one business
plan. Also, a member can be part of only one team. Violation of this rule will
lead to immediate disqualification of the team and reimbursements if any will
not be entertained.
·
The decisions of the organizers of the contest
and the panel of judges will be final and binding on all the participants.
·
The name(s) of the team member(s) or their
institute/ organization should not appear anywhere in the body of the paper.
·
Entries need to have an innovative value (An
innovative concept provides a solution for a new need, or offers a new way of
fulfilling an existing need. The concept makes a clear advancement compared to
existing products, services or technologies)
·
The event would be held in two phase:
Round I
Participants are required to
email a soft copy of their detailed summary (please see the rules section for
details on executive summary format) by 11:59:59 PM, February 28, 2011. The
results of the same would be announced by March 03, 2011.
Round II
The teams would be invited to
make a presentation during Inspirus on 11th March, 2010 at NMIMS,
Mumbai to an elite panel of judges from Mumbai Angels. Further details will be
intimated to the short listed teams.
Round I: Executive Summary
Teams are invited to send a
detailed summary of their business plan in the specified format via email only.
The executive summary of the business plan should not be more than 6 pages
excluding the cover page and annexure.
Cover page should contain –
Idea/Entry Name, Team Details (Name, Email, Contact No.). This cover page will
be detached before the executive summaries are given for panel evaluation.
Executive summary should be in
PDF format.
Format details: Arial, 12
point, 1.5 line spacing, 1” margins all around, A-4 page.
Executive Summary should
contain (in brief) –
v The
Business Concept
v Key
Competitors
v Key
differentiator
v Value
proposition
v Market
and competitive analysis
v Technical
and economic feasibility
v Financials
v Core
team members and their functionality
All entries should be mailed
to blan.inspirus@gmail.com with the
Subject line as BPlan_Team Name.
Also name the PDF file in the same manner.
The results of the first round
will be announced by 03rd
March, 2011.
E-Mail: bplan.inspirus@gmail.com
Contact Details
Keshav Lakhotia
M: +91 9004095733
E-Mail: keshav.lakhotia@nmims.edu
Mayank Jain
M: +91 9619860398
E-Mail: mayank.jain2@nmims.edu
Follow us on:
Website: www.nmimsinspirus.com
Facebook: http://www.facebook.com/Inspirus2011