nirvaan2010 b-plan contest iiml

8/8/2019 Nirvaan2010 B-Plan Contest IIML

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Entrepreneurship Cell, IIM Lucknow

Presents

Ideation, Innovation, Inclusion

“Two roads diverged in a wood, and I took the one less traveled by, and that has made all the

difference” - Robert Frost

An “Entrepreneur” is a dreamer extraordinaire, the initiator, the risk taker who dares to step off the

beaten track and starts to seek a new light. His head teems with a thousand new ideas; he sees

opportunity in the mundane and has the acumen to turn that vision into tangible reality. An

“Enterprise” is a rare and valuable quality that needs to be identified and nurtured in order to attain the

caliber to transcend the norms and change the face of the world as we know it.

The Entrepreneurship Cell of IIM Lucknow is proud to present Nirvaan 2010 , the first annual

entrepreneurship summit of IIM Lucknow. Come 14 th

November , Nirvaan will celebrate the spirit of

entrepreneurship by bringing forth the best of India’s creative ideas and nurturing them into reality.

This year’s theme – Ideation, Innovation, Inclusion – is designed keeping in mind the most important

factors that lead to a successful entrepreneurial venture for an individual as well as for the society.

Key events during Nirvaan are – Business Plan Contest, Talk Series, On the spot competitions, Quiz,

Workshops, Networking opportunities and Mentoring.

Meet the world where challenges are part of life, innovation is the game we play and ideas are the

paths to take you anywhere. Be a part of us in collaborating to make this event a huge success with you

mark left in the foot prints on the road ahead.

'Become a job creator, and not just job seeker'



SPARDHA – the business plan contest The business plan contest provides the seeding ground for the budding entrepreneurs to show case their

ideas; a chance to meet the luminary personalities who succeeded in their entrepreneurial journey, and

to build a career guided by able mentors.

This year the contest intends to find the best of ideas and provide the participants an opportunity topresent their business proposals to our panel of eminent investors, faculty, and entrepreneurs.

SAMRIDDHI – The SOCIAL BUSINESS PLAN CONTEST As a part of Nirvaan 2010, the Entrepreneurship Cell of IIM Lucknow is proud to launch “Samriddhi”,

the Social Entrepreneurship B-plan contest. SamRiddhi’s main objective is to promote innovation

through business plans in social entrepreneurship domain.

We invite budding business leaders of this nation who have a fire in their belly to “Change the world”

and make it a better place to live in. Be a leader of social change.

TAKEAWAYS:

Prizes worth 1, 00,000 up for grabs!!!

Funding Opportunities: The winners would get a direct shortlist (in top 16) to pitch to Mumbai Ange ls’ Investors for an

amount of 1,00,000 – 5,00,000 USD in December 2010

Up to Two of the Finalist Teams would be selected by Morpheus Ventures to participate in their

Business Acceleration Program which also includes a seed investment of 5,00,000

Of the Eight Finalists, the technology related B-Plans would get a chance to pitch directly to India

Investment Committee of Qualcomm Ventures, without going through the pre-screening by

Investment Managers.

IAN would consider having the Winners pitch their B-plan to its Members

MENTORSHIP: Continuous mentoring from TiE for top Four Teams i.e. the Winner and Runners-up in both the

categories. Mentors would be assigned in the preferred Sector/Functional Area of the Teams



The Winners would get to attend one of Nurture Talent’s Workshops, free of cost, in one of the ten

locations across India

All Finalists would get On-The-Spot Mentorship and Consultation from Nurture Talent on the day

of Event

Event Guidelines (Spardha & Samriddhi):

Eligibility: The event is open to all students and working professionals

Each Team can comprise a maximum of 4 members

Teams who have already started up and have registered their company/start-up on or after 20 th

October 2009 are also eligible to participate in the contest

Rules: There is no fee for participation

A team can submit more than one business plan

Any entry must be submitted under any one of the two categories. Any entry submitted under both

categories will be disqualified

In the first phase, an Executive Summary must be submitted in the prescribed format mentioned

below

The Executive Summary should be sent to [email protected], with the subject line stating

<event name> (Spardha/Samriddhi) _<team-name>

The name of the attached document should be <event name> (Spardha/Samriddhi) _<team-

name>

The document should be in pdf/.doc formats only.

Deadline for submitting the Executive Summary is 28th October 2010, 23:59:59 hrs IST.

A total of eight teams - four teams from Spardha and four from Samriddhi will be selected for the

Final phase of the event. Two waitlisted teams under each category will be announced

The results of the first phase will be declared by 1st November 2010, 19:00:00 hrs IST

Each of the shortlisted teams will be assigned a mentor from our eminent panel of mentors from

industry, faculty and VCs for the Final round preparations

Selected teams must submit their final b-plans and power point presentations in a specific format

which will be communicated in due course

Deadline for submission of Final b-plans and power point presentations is 12th November, 23:59:59

hrs.

Teams will be required to present their b-plans in front of our esteemed panel of judges on 14 th

November 2010 at IIM Lucknow campus.

The teams selected for final round will be reimbursed AC 3-tier return train fare for a maximum of

2 members of each Team

Acceptance and rejection of submissions are governed by the rules and regulations set by theOrganizing Committee of Nirvaan. In case of any conflicts, call of Organizers will be final

mailto:[email protected]





Important Dates:

Deadline for submission of Executive Summary 28th October, 23:59:59 hrs IST

Shortlist of teams for second phase of the event 1st November 19:00:00 hrs IST

Start of mentorship for selected teams 2nd November

Submission of final B-Plan and PPT by the shortlisted teams 12th November 23:59:59 hrs IST

Final B-plan presentation at Nirvaan’10 - IIM Lucknow 14th November

Submission Guidelines FOR EXECUTIVE SUMMARY:

The teams have to submit their Executive Summary of Business Proposal in .pdf/.doc format only

(Font: Times New Roman, Size: 12, Spacing: 1.15)

The Executive Summary should be restricted to five pages (excluding team profile and cover page).

The proposal should broadly be according to the following template:o About the Product/Service:

Definition of product/service

Target Market for the product in terms of people’s income, gender, location, etc

Value Proposition for the end user

o Market Analysis:

Need gap fulfilled by the product/service

Competitor Analysis and SWOT analysis

Differentiating factor over competitors

Perceived Risks that can affect the product/serviceo Social Impact of the business plan (for SamRiddhi entries)

o Implementation strategy and financials:

Locations for plant, head office, etc.

Marketing Plan : pricing strategy, distribution channels, promotional strategy, etc

Proposed roadmap for future i.e. growth strategy

Financials

o Team Profile

Team Name

Contact Details of the Team members : Phone number and email id.

Name and brief profile of promoters and senior management

Why are they the best people for the job

Visit us at www.ecelliiml.in for further details

Contact us:

Akhil +91-9198219925Sulabh +91-7897181157

Amit +91-9450814364

Write to us at [email protected] for any queries

http://www.ecelliiml.in/








nirvaan2010 b-plan contest iiml

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