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
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 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
- 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 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.
E-mail: kiittbi@gmail.com , drmanisha1971@gmail.com
Website URL: http://www.kiitincubator.in