Idea Challenge - Rules
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- Teams of up to 4 members will develop original business plans (B-plans) to pitch at 5 PM for a chance to win prizes including summer internships. - B-plans will be evaluated based on the problem area, proposed solution, competitors/strategies, target customers, market entry strategy, user experience design, and revenue model. - Winners will advance directly to internship interviews in March. Certificates and potential to start a business are also prizes. - Teams will ideate from 2:15-2:30 PM and receive help building presentations from 2:30-3:15 PM from coordinators. From 3:15-4 PM, mentors will advise on specific areas.
Idea Challenge - Rules
- 3. Rules • Team should consist of max 4 Members. • The teams come with original ideas and the coordinators will help the team to conceptualise and build a minimal B-plan. • The B-plans will be pitched at 5 PM , and winners will be decided. • Cross Teams are allowed ONLY for pitching.
- 4. Template for B-plan Pitching • The Presentation should have maximum 10 Slides. • The Font Size should be 32. • The time Allotted for Pitching is 5 mins and 2 mins for QA , based on the B-plan pitched.
- 5. B-Plan Evaluation Evaluation will be done on the following Basis: • The Problem area you are working on • The Solution you are offering • Your existing Competitors(if any) and the strategies to compete with them. • Target Audience / Ideal customers • Market Entry Strategy / Customer Acquisition Strategy • User Interface & User Experience Design/ Use of Technology • Revenue Model / How would you earn money.
- 6. Prizes • Winners would be directly taken to the interview Round, for summer internships from our Hiring partners ( to be held in the month of March):
- 7. • Certificates to the winners ! (1st prize and Runners Up) • And , if this event enabled you to start a business of yours , that’s the biggest prize you can ever get ! ;)
- 8. Event Flow • Start of Ideation : 2 15 – 2 30 PM. • 2 30 PM: Coordinators( Associate Managers) will help build your Presentations, by advising and answering your queries and questions • 3 : 15 PM: Mentors ( Senior Managers) will help you specifically on : (The Teams have to call , the mentors who would be available in the room for the advise) Target Audience / Ideal customers - Santa Nibedita Market Entry Strategy / Customer Acquisition Strategy-Anubhav Routray User Interface & User Experience Design/Use of Technology – Tworit Dash Revenue Model / How would you earn money-Amlan Patnaik • 4 PM : A session by an Entrepreneur , Founder –Analytics One. Take the opputunity to ask relevant questions regarding your B-plans. • 5 PM : Pitching of your B-Plans
- 9. All the Best !