From: September 16, 2015
To: November 1, 2015
Venue:    Online
Online

Ideathon - Idea Competition Online and Offline by Greymeter from Sep. 16 - Nov. 1, 2015

Have you ever had any startup/business idea that you think would make an immense difference to the world?
Do you ponder about it every time?
Do you fear from failures and have little support?
Do you believe in the implementation of your Idea?
If you gesture YES then we will be taking you to your destination.

Greymeter brings to you “IDEATHON”, a platform where your idea will turn into reality. Share your Idea with us and we will be introducing you to eminent Greymentors and investors for the guidance, support and resources which are mandatory to initiate an Idea.

Stop just being a dreamer, be an initiator and the rest will be facilitated by us. In addition to it, by submitting your ideas you will get a chance to win upto ₹1,50,000 and exciting goodies.

Note: We are concerned about discretion of your idea. Hence, we have only asked what problem you are solving and for which target audience for Phase I which will be posted on our website. Confidential information like revenue model, strategy involved in solving the problem etc. are not asked.

Schedule:

September 16, 2015
– Event starts. Posting of ideas and voting starts.

October 20, 2015
– Voting for Phase I stops

October 21, 2015
– Result declaration for Phase I

October 25, 2015
– Voting stops for Phase II

October 26, 2015
– Final result declaration

November 1, 2015
– Investor pitching event and prize distribution at Thapar University

Prizes:

INR 75K
All India winner: INR 30K
1st Runner up: INR 15K
2nd Runner up: INR 10K
Next 3 idea:
Chance of getting incubated at NIET and Chitkara University
Chance to pitch for MSME grant for INR 8,00,000
Top 5 qualifying teams of every college will get a chance to interact with our panel of grey-mentors via Skype and send their business plan to investors
Top 5 team will be considered for incubation

Online & Offline

We believe entrepreneurial spirit and a game changing idea are the key factor to achieve the success. Keeping this in mind, we have divided the competition in two phases.

Online

Phase I: Intra-college

Submit ideas to us and it will be posted on our website
You have to get minimum 250 upvote on your idea to prove your enterprising ability and to be considered to qualify for Nationals
Top 5 ideas from each college will be shortlisted based on the highest number of votes
Last date to vote: October 20, 2015

Result: Morning October 21, 2015
Phase II: Nationals

Our esteemed jury will evaluate ideas on various factors like quality and uniqueness of the idea, its feasibility and its problem solving ability for the targeted market and its impact
Jury will declare final winners taking into account the number of votes and evaluation by them. 50% weightage will be given to total votes and jury evaluation each.
Last date to vote: October 25, 2015

Announcement of winners: October 26, 2015

Offline

A prize distribution ceremony and a pitching event to our jury panel comprising of entrepreneurs, investors and Greymentors will be conducted. There will also be a networking session. More details will be shared with the top 10-15 teams.

Venue: Thapar University, Patiala
Date: November 1, 2015

Website URL: https://greymeter.com/challenge/ideathon
Email: abhilash@greymeter.com

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