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DTSTAMP:20261008T154640Z
DTSTART:20240219T183000Z
DTEND:20240220T182959Z
SUMMARY:National Business Plan competition 2024
LOCATION:MET Bhujbal Knowledge City Institute of Management Mumbai\, Mumbai
DESCRIPTION:<p>ALL LOGO AS GIVEN IN STARTUP CONCLAVE BROCHURE<br />\nPRESEN
 TS<br />\nMET SRUJAN 2024<br />\nNational Level Business Plan Competition<
 br />\n<br />\nDate: 20 FEBRUARY 2024<br />\nTime 9.30 AM TO 5 PM<br />\n<
 br />\nGeneral Rules:<br />\n1. Business plan competition will be held off
 line at the campus for Mumbai participants and online for outside Mumbai p
 articipants (Participants have choice to travel to Mumbai) on 20th Februar
 y 2024. Reporting time at MET PGDM Campus is 9.00 am<br />\n<br />\n2. Par
 ticipants need to register as an Individual or team via Google form https:
 //forms.gle/abwYAVx3qbFJVMDe8 consisting of a maximum of 5 and a minimum o
 f 2 members.<br />\n<br />\n3. After filling registration form participant
 s will receive confirmation mail to submit Abstract of the business plan.<
 br />\n<br />\n4. Your abstract will be reviewed by our screening team for
  plagiarism and originality of the idea.<br />\n<br />\n5. You will be upd
 ated about the status of your abstract submission via email.<br />\n<br />
 \nTimeline :<br />\n<br />\n1. Submission of intent to compete via Google 
 form: 1ST February 2024 by 5.00 pm<br />\n2. Registration Link : https://f
 orms.gle/abwYAVx3qbFJVMDe8<br />\n3. Abstract submission on harshadam_pgdm
 @met.edu : 10th February 2024 by 5.00 pm<br />\n4. Selected Business Plan 
 Business Plans to: harshadam_pgdm@met.edu : 15th February 2024 by 5.00 pm<
 br />\n5. The Big Day – The Final Competition Event. Finalists present t
 heir Investor Pitches in front of a panel of judges and a live audience: 2
 0th February 2024<br />\n<br />\nEvaluation Criteria<br />\n1. Content of 
 the plan\, including the thoroughness and quality of the analysis<br />\n2
 . Effective use and impact of the prize money<br />\n3. Effective use of b
 usiness information and research<br />\n4. Clear communication<br />\n5. T
 he probability of a successful launch<br />\n6. Community Impact and job c
 reation potential<br />\n7. Quality and effectiveness of the final present
 ation (in the event the applicant becomes a finalist and is invited to pre
 sent)<br />\n<br />\nEligibility<br />\nStudents pursuing graduation from 
 any recognized degree/ diploma institutions in India<br />\n<br />\nBusine
 ss Plan Format<br />\n<br />\nBusiness Plans are to be submitted as a sing
 le\, printable PDF file. Plans are limited to seven pages including a one-
 page executive summary (but not including a cover page and single table of
  contents page).<br />\nHowever\, the written plan may include up to six a
 dditional pages of appendices.<br />\n<br />\nPage format is one line spac
 ing with one-inch margins all around and 12 point times new roman font. Th
 is line spacing and font requirement applies to the textual content of the
  document and not to titles and descriptions accompanying pictures\, graph
 s\, tables or worksheets. All pages must be numbered excluding the cover p
 age.<br />\n<br />\nThe cover page must include the venture name\, team me
 mbers\, and logo if available.<br />\n<br />\nFinancial data should be sum
 marized and highlighted in the written plan\, with supporting details and 
 spreadsheet information in the Appendix. Startup costs\, how investment wi
 ll be used\, along with income and cash flow statements are appropriate.<b
 r />\n<br />\nComponents of the Business Plan<br />\nCover Page<br />\nExe
 cutive Summary<br />\nBusiness Overview/Description<br />\nCompetitive Ana
 lysis and Advantages<br />\nMarket Opportunity<br />\nProduct Description 
 and/or Services<br />\nThe Market – Market analysis<br />\nOrganization 
 and Management Team<br />\nFinancial Analysis and Funding Request<br />\n<
 br />\nExecutive Summary Includes<br />\nBusiness description concept – 
 what customer pain are you solving. Value Proposition<br />\nBusiness Mode
 l<br />\nTarget market and need<br />\nCompetitive advantages<br />\nFinan
 cial summary – include breakeven point\, and over a 3 year period revenu
 e trend\, and gross margin<br />\nFunding requirements: what do you need?<
 br />\n<br />\nBusiness Overview Includes<br />\nCompany description and b
 usiness model<br />\nValue proposition-financial<br />\nValue proposition
 —social or environmental<br />\nVision<br />\nCurrent Status<br />\nCurr
 ent or committed funding and all funding sources<br />\n<br />\nMarket Opp
 ortunity<br />\nDescribe and define the problem<br />\nWhat is the Custome
 r’s Pain that you are going to solve?<br />\nHow are you going to solve 
 it?<br />\nCompetitive Analysis (analysis of the current competition and a
 ssessment of why the problem is not being solved by competitors)<br />\n<b
 r />\n<br />\nManagement Team<br />\nFounders and key management<br />\nIn
 dustry experience\; Educational backgrounds<br />\nBoard of advisors (crit
 ical to the assessment of the overall viability\; can develop the team's e
 xperience if needed)<br />\nOptional: Board of directors (3 required by la
 w\, usually not until first round of institutional funding is in place)<br
  />\n<br />\nFinancial Analysis<br />\nInclude an analysis of your financi
 als that includes a breakeven point\, and a spreadsheet that covers a thre
 e-year period.<br />\nGross margins over a three-year period<br />\nRevenu
 e over three years<br />\nCash Flow over three years<br />\nProfit<br />\n
 <br />\nReason for the investment<br />\nExplain how you will use the fund
 ing to support/start this business venture and sustain it beyond the initi
 al funding.<br />\n<br />\n<br />\nSubmission<br />\n<br />\n1. Written Bu
 siness Plans will be forwarded to a panel of judges for review prior to co
 mpetition<br />\n2. Six Finalists will be selected and announced in Februa
 ry\, 2020<br />\n3. The finalists will prepare a five-minute pitch for the
  Investor Pitch Competition to be presented in from of the judges and a li
 ve audience<br />\n<br />\nThe Final Competition Activities: 20th February
  2024<br />\n1. Registration: 8.30 am<br />\n2. Start- up Panel discussion
 : 9.30 -1.00 pm<br />\n3. Business Plan /Pitch Competition: 2.00 pm-5.00 p
 m<br />\n<br />\nAttractive prizes and certificates to the winners<br />\n
 Registration Link<br />\nhttps://forms.gle/abwYAVx3qbFJVMDe8<br />\nCTA: D
 r. Harshada Mulay<br />\n9820167715</p>
URL:https://www.knowafest.com/national-business-plan-competition-2024
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