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Innovio 2013 – Business Plan Competition in Odisha

Innovio 2013 – Business Plan Competition in Odisha

Venue:

KIIT Technology Business Incubator (KIIT-TBI)
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

Innovio 2013 - Business Plan Competition in 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 18 years and above
  • No Registration Fee

TIME FRAME OF SUBMISSION:

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 [email protected]) ( 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

  • 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:

  • 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 [email protected] 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.

E-mail: [email protected] , [email protected]
Website URL: http://www.kiitincubator.in