Innovation is the trademark of a flourishing business, and the path for success is paved by systematic planning and execution of ideas. Biz Plan is a Business plan contest for novel ideas to take shape into a working model. If you are a visionary and have formulated a venture then furnish a Business plan by providing a complete description of the venture, industry analysis, marketing plan, facilities plan, organizational plan and a financial plan including capital investment and cash flow statements.
This is your moment to capitalize. Anything done in the world, if done with hope and passion is sure to return high rewards.
$$Sow a thought, reap an action; sow an action, reap a habit;
sow a habit, reap a character; sow a character, reap a destiny$$
Rules
A maximum of 3 participants per team. Participating teams would be screened through two preliminary rounds before the grand finale at Kriya (2nd of February 2008). Biz Plan consists of the following rounds:
Round 1: Submission of abstract about the business idea
Round 2: Submission of a detailed report
Round 3: The grand finale - Presentation at Kriya
Route Info
ROUND 1
The first round is the submission of the business idea. For this round, teams would have to submit a brief abstract of their business idea. The business idea should be built upon the following points.
Business idea
Feasibility study
Innovation
Financial plan
Product life cycle / Growth and development (whichever is applicable)
Teams will be short listed by a panel of judges based on the above criteria in addition to creativity and ingenuity. Teams should submit a brief abstract of their business idea on or before the 15th of January 2008 through mail to bizplan@kriya08.org . The abstract should also contain the following;
Name of participants
Common email ID
Contact numbers
Only those teams which are short listed are eligible to participate in the next round. Short listed teams will be intimated on or before the 16th of January 2008 through mail and phone.
ROUND 2
For the second round selected teams will have to submit a detailed report of their business idea on or before the 23rd of January 2008. The report should contain all the relevant information with regard to the business idea. The report should be carefully planned, edited and chalked out to make it look impressive. The report should be built on the following points;
Business idea
Innovation
Break-even analysis
Technical Feasibility
Economic Feasibility
Organization Structure
Administrative strategy
Marketing Strategy
Financial Strategy
Administrative Strategy
SWOT Analysis
Competitive Advantage
Growth and sustenance
Utilization of resources
The teams will have to send their reports through mail to bizplan@kriya08.org (preferably in a pdf format). The teams will again be short listed to appear in the final round by a panel of judges who will judge the teams based on the above mentioned criteria. The selected teams will be intimated before the 25th of January 2008.
Grand Finale
The final round consists of two parts. The first part is the poster display and the next is the final presentation.
The first part is the presentation of the business idea to the general audience by means of a poster and the teams are required to explain their idea to those inquisitive minds. A consensus on the feasibility of the business idea would be obtained from the audience where in they get to rate the teams on a scale of ten. The posters have to be in an A2 size sheet. There is no restriction in the number of posters that can be displayed.
The next part however is the presentation of the business plan to an eminent panel of judges representing all quarters of the corporate business world. The teams will be judged on various criteria such as innovation, return on investments, execution of strategies, etc, to name a few. The time limit for the presentation is ten minutes followed by a question and answer session with the judges. The presentation can be in the form of a power point or a flash presentation.
Teams are required to bring two hard copies of their report for the final event. The break up marks allotted for the two parts vests in the organizers and the judges.
Contact Details
Tarun - +91 9843612233
Varun - + 91 9894026669
IMPORTANT DATES
Last date for the submission of abstracts : 15th January 2008
Intimation of short listed teams for round 2 : 16th January 2008
Last date for the submission of final business report : 23rd January 2008
Intimation of short listed teams for the final round : 25th January 2008
Mail your abstracts to bizplan@kriya08.org
Post your queries in the forum
This is your moment to capitalize. Anything done in the world, if done with hope and passion is sure to return high rewards.