Are you looking for an open forum to learn from and network with a diverse entrepreneurial group of technology and venture funding professionals?
No matter who you are — a startup entrepreneur, student or someone thinking about forming a startup, a service provider or an investor actively pursuing entrepreneur communities, these are some of the events you don’t want to miss.
Eureka! 2009 is a business plan competition organized by The Entrepreneurship Cell, IIT Bombay and presented by State Bank of India. With a prize money of INR 2.1 million, Eureka! has become Asia’s Premier and Largest bplan Competition.
Eureka! provides its participants to opportunity to grow their idea or fledgling startup into a successful business through its 6 month period of mentoring and guidance. The top 40 teams after being judged by Indian Angel Network, VCs, Industry experts and corporate, shall be allotted a mentor to convert their idea into a good business plan.
These teams shall also be invited to the Mentors Meet where they can interact with over 25 corporate, investors and industry experts to validate and improve their business models. The teams shall be appointed to 4 mentors who shall guide them by reviewing their rough draft to come up with a good bplan.
The top 8 teams in the finals shall be called to IIT Bombay during ESummit where they will be given the opportunity to present their bplan in front of a panel of judges consisting of veteran entrepreneurs, corporate and VCs. The best teams shall get the opportunity to present their bplans to a panel from Mumbai Angels and Indian Angel Network.
Eureka! is a great platform for entrepreneurs to validate their business model and get due mentoring to form a successful business. 8 points System, winner of Eureka! 2007 went on to get an on the spot funding of Rs. 55 lakhs. Auratronics, winner of 3rd prize in Eureka! 2007 has got incubated in USA. ECPS which came 3rd in Eureka! 2008, represented India at Carnegie Mellon University, USA in the cleantech category. An article on his company was featured in Outlook Money. These are only few of the successful companies that have come out of Eureka!.
Last date for submission of Executive Summaries is 9th October. Register by visiting www.eureka.ecell.in.
Last date of submission of Business Plans is 27th December.
Entrepreneurship Cell @ the Faculty of Management Studies, University of Delhi is organizing an annual B-Plan competition, the International Entrepreneurship Challenge wherein students and young entrepreneurs compete for a grand prize along with an opportunity to receive seed funding from prominent Venture Capitalists.
The event is divided into three stages.
Round I of the event, is currently underway and involves submission of Executive Summaries by the participating teams.
Based on the evaluation of the initial entries, 20-30 teams will be shortlisted for Round II. This would be a mentorship phase wherein each team would be working on their B-Plans under the guidance of an experts from the industry relevant to their business idea. The mentors consist of experienced and high level corporate officials, entrepreneurs and academicians. At the end of Round II, the shortlisted teams would have to submit their final B-Plans which would then be evaluated to select the finalists for the event.
Round III, the Grand Finale would be held in the first week of December at FMS, Delhi. The finalists would have to present their B-Plans to a panel of eminent Board of Directors who would provide critical analysis to the teams about their business plans and select the winning teams. On the whole, the event will be a great learning experience for the participants.
Deadline for submitting Executive Summaries: 11:59 PM October 9th, 2009
Mentoring Sessions: From October 25th, 2009
Grand Finale: 1st week of December, 2009