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UID:eventsphere-66255@www.knowafest.com
DTSTAMP:20261008T201913Z
DTSTART:20260908T183000Z
DTEND:20260909T182959Z
SUMMARY:Finsmart 2026
LOCATION:SRM Institute of Science and Technology Kattankulathur Campus\, Ch
 ennai
DESCRIPTION:<p>FINSMART is an engaging entrepreneurship simulation event co
 nducted as part of Startup Summit 2.0 at SRM Institute of Science and Tech
 nology.<br />\nTeams manage a fixed virtual budget to solve real-world cha
 llenges\, make strategic financial decisions\, and justify every rupee spe
 nt—balancing innovation\, impact\, and sustainability.<br />\n<br />\nHo
 w It Works<br />\n<br />\n1. Challenge Briefing<br />\nTeams receive a sta
 rtup scenario\, fixed virtual budget and objectives.<br />\n<br />\n2. Bud
 get Planning<br />\nTeams create a financial plan by allocating the budget
  across key areas strategically.<br />\n<br />\n3. Curveball Round<br />\n
 Unexpected changes are introduced\; teams revise their plans and adapt the
 ir strategy.<br />\n<br />\n4. Final Pitch<br />\nTeams present their budg
 eting strategy\, decisions and overall solution.<br />\n<br />\n5. Q&amp\;
 A and Evaluation<br />\nJudges assess financial reasoning\, adaptability\,
  innovation\, feasibility and business understanding.<br />\n<br />\nLearn
 ing Outcomes<br />\nDevelop practical budgeting and financial-planning ski
 lls.<br />\nLearn strategic decision-making under resource constraints.<br
  />\nImprove problem-solving and adaptability.<br />\nUnderstand how start
 ups balance innovation\, sustainability and growth.<br />\nBuild confidenc
 e in presenting and defending business decisions.<br />\nWorkflow of FinSm
 art<br />\nEach team will receive a predefined virtual budget.<br />\nAll 
 financial decisions must remain within the allocated budget unless modifie
 d by an event twist.<br />\nTeams must achieve the scenario objectives whi
 le maximizing the overall outcome.<br />\nStrong financial reasoning and c
 reative justification will be key evaluation criteria.<br />\nRules and Gu
 idelines<br />\nEligible team size: 2 members.<br />\nTeams can consist of
  members with multidisciplinary backgrounds.<br />\nParticipants must work
  strictly within the constraints provided in the challenge.<br />\nAll fin
 ancial decisions must be realistic and logically justified.<br />\nCreativ
 ity\, strategic thinking and adaptability will be rewarded.<br />\nThe dec
 isions of the judges will be final and binding.<br />\nScenarios May Inclu
 de<br />\nDeveloping affordable solutions for rural communities.<br />\nLe
 veraging technology to solve real-world problems.<br />\nBuilding sustaina
 ble and financially viable business models.<br />\nOptimizing limited reso
 urces to maximize social and economic impact.</p>
URL:https://www.knowafest.com/finsmart-2026
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