Sunday, 27 October 2013

B-Plan Competition - Innovio 2013 by KIIT, Bhubaneswar, Odisha

Theme of the competition: Business idea on Innovative technology identifying Problems from the following Challenge Areas :

• Health care & Medical Industry
• Energy
• Environmental Protection
• Communication Technology
• Agriculture & Farming
• Food & Nutrition
• Transportation
• IT , ICT & Embedded Systems
• Hotel & Hospitality
• Manufacturing & Engineering Industry

Who Can Participate?


• Citizen of India
• Both individual as well as team participation is permitted
• Age limit is minimum 18years and above
• No Registration Fee


TIME FRAME OF SUBMISSION:
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• Business Plan Submission : December 30th, 2013
• Business Plan Finalists Selection : January 10th, 2014
• Finalist presentation (in ppt/pptx format) to Jury & Award Ceremony : February 8th, 2014

Pre-Workshop for how to prepare B-Plan : September 28th 2013 (Register before 15th September 2013 , for Registration send mail to kiittbi@gmail.com) ( It's not Compulsory for ALL, interested Participants can attend )


PRIZES
-----------------------------------
Top three winners will receive Trophy, Certificate & Six months FREE Incubation space (150 sq.ft) at KIIT-TBI.

The winners will also receive Incubation stipend at KIIT-TBI as under :

First Prize: - INR 60,000/- (to be given @ INR 5000/- per month for One Year )
Second Prize: - INR 36,000/- (to be given @ INR 3000/- per month for One Year )
Third Prize: - INR 24,000/- (to be given @ INR 2000/- per month for One Year )

All Finalists will get Certificates of Commendation and would be given preference for Incubation at KIIT-TBI during 2014.

Rules and Regulations:
--------------------------------------
• Entries submitted after deadline will not be considered.
• Decision of Panel of Judges / KIIT TBI on all matters of the competition, including but not limiting to, results shall be final and binding.
• Non disclosure clause applicable.

Business Plan Template
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• Title of the proposed Business Idea / Solution
• Challenge Area
• Problem description
• Solution description
• How will your idea solve the problem and how is it innovative and unique.
• Current Solution to the problem vis-à-vis your solution
• Technology Description & Process Flow-Chart
• Target market for your product/service
• Who are the competitors?
• Marketing Strategy
• Revenue model
• Capital cost of project, projected turn over / cash flow etc.
• Infrastructure and workforce requirements
• Any diagrammatic sketch of the product if required

Judging Criteria:
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• Innovativeness
• Feasibility of the Idea
• Market Potential
• Potential of the proposal to impact/improve quality of life
• Drive and determination to make the IDEA into REALITY by the candidates
• Overall attractiveness of the plan with financial feasibility

All entries may be forwarded over email to kiittbi@gmail.com with the subject line “B-PLAN 2013” and with all contact details . A confirmation for the same shall be forwarded within 3 working days. All information supplied to KIIT-TBI will be treated with the strictest confidence.


For more information for this competition contact:-
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KIIT Technology Business Incubator (KIIT-TBI)
( Supported by : NSTEDB, DBT, DIT, DSIR, TIFAC, TDB, MSME )
School of Biotechnology {Campus - 11},
KIIT University, Patia, Bhubaneswar, Odisha, INDIA - 751024
Ph.: +91-674-2725466 Mobile Number: +91-8658445646 / +91-9938800465
Fax: +91-674-2725732
e-mail: kiittbi@gmail.com , drmanisha1971@gmail.com
Website: www.kiitincubator.in
 



How to Draft a Business Plan?
For assistance in drafting a Business Plan, contact info@vcreatemedia.com

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