The Entrepreneurship Cell, IIT Bombay presents Eureka! 2012- an International Business Plan Competition. Recognized as Asia's Largest B-Plan Competition by Thomson Reuter's and CNN, Eureka! provides a platform for potential ideas and early stage start-ups to evaluate their idea in the risk-free environment of a competition and this year, the teams will be competing for prizes worth INR 4 million which also includes an all expense paid trip to the E-Bootcamp 2012, BASES, Stanford. Now in its 14th year, Eureka! has become a launch pad for startups in India and beyond where they learn how to formulate an appropriate b-plan and the do's and don'ts of making the right pitch from expert mentors, industry veterans and investors.
Major Incentives of Business Track.
- Winners to get cash prize of INR 5,00,000 and Runner-Up of INR 3,00,000.
- Direct entry and an all-expense-paid trip to the finals of The E-Bootcamp organized by BASES (Business Association of Stanford Entrepreneurial Students), Stanford University.
- Consultancy opportunities: Worth INR 9,50,000 in the form of Legal, Financial, HR, PR consultancies and scaling up solutions.
- Legal Consultancy by Nishith Desai Associates
- Financial Consultancy by Activitas Management Advisors Pvt Ltd
- HR and Scaling up solutions by Euphoria Consultancy
- PR Consultancy by Approach Communications
- IP and related consultancy by Brain League
- Office Space: Office space worth INR 4,50,000 by Regus Associates.
- Incubation: Direct entry to the live-in phase of the accelerator program at The Morpheus.
- Eureka! finalists will receive a chance to pitch their plan in front of a panel of angel investors and venture capitalists from organizations like Indian Angel Investor and Mumbai Angels.
Eureka! Social:
Eureka! Social encourages ideas and B-Plans which cater to people at the bottom of the pyramid and/or for a greener tomorrow. Eureka! Social will run as a parallel track and all the entries will be judged, mentored and evaluated separately. The B-Plan should have a definite revenue model and should be self-sustainable in the long run. It should also be socially relevant and impact the poor.
Major Incentives of Social Track:
- Winners to get cash prize of INR 1,00,000 and Runner-Up of INR 50,000.
- Direct entry and an all-expense-paid trip to the finals of The E-Bootcamp organized by BASES (Business Association of Stanford Entrepreneurial Students), Stanford University.
- Consultancy opportunities: Worth INR 9,50,000 in the form of Legal, Financial, HR, PR consultancies and scaling up solutions.
- Legal Consultancy by Nishith Desai Associates
- Financial Consultancy by Activitas Management Advisors Pvt Ltd
- HR and Scaling up solutions by Euphoria Consultancy
- PR Consultancy by Approach Communications
- IP and related consultancy by Brain League
- Office Space: Office space worth INR 4,50,000 by Regus Associates.
- Incubation: Direct entry to the live-in phase of the accelerator program at The Morpheus.
- Social Media Course: A month long course free online social media certificate course by Digital Vidya.
- Eureka! finalists will receive a chance to pitch their plan in front of a panel of angel investors and venture capitalists from organizations like Indian Angel Investor and Mumbai Angels.
Special Awards:
Technological and Sustainable Development Award: A prize money of INR 3,00,000 will be awarded based on the criteria put forth by IIT Bombay Class of 1985 Eureka! Youth Award: A prize money of INR 1,00,000 will be awarded to the best youth entry.
To register visit: http://ecell.in/eureka/register
For more details visit: http://ecell.in/eureka
Check out for our Resources and some of the sample B-Plans if you got an idea and want to develop it to a BPlan. Visit http://ecell.in/eureka/portal/resources/documents-and-presentations/ to access the resources.
No comments:
Post a Comment