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UID:eventsphere-57861@www.knowafest.com
DTSTAMP:20261008T180844Z
DTSTART:20210729T183000Z
DTEND:20210822T182959Z
SUMMARY:Pitcher Perfect 2021
LOCATION:IIM Bangalore\, Bengaluru
DESCRIPTION:<p>Do you believe that your start-up can revolutionize the heal
 th or education sector? Do you believe that you have the next-gen idea tha
 t can help solve widespread health and literacy issues? Do you believe you
 r start-up has what it takes to make an impact on society? If yes\, then t
 his is your chance to pitch your innovative ideas to top investors/VCs and
  raise seed funding worth INR 1 Crore+ at Pitcher Perfect 2021.<br />\n<br
  />\nPost three successful seasons\, we have launched the fourth season of
  Pitcher Perfect. This year’s event is designed to push our collective t
 hinking\, encourage start-ups and investors to take risks\, and explore in
 novative &amp\; impactful ideas to solve issues prevalent in the sectors o
 f healthcare and education. To make the event more transparent and fairer\
 , we plan to conduct independent\, professional\, and detailed due diligen
 ce. Our goal is to fuel and reward the entrepreneurial spirit in a fun\, s
 afe setting by suspending the typical grantor/grantee dynamics and make th
 e world a better place.<br />\n<br />\nEligibility Criteria<br />\n• The
  startup should be working in the Health &amp\; Wellness or Education sect
 or (only for-profit start-ups are eligible).<br />\n• The startup should
  have validated the business model with proof of revenue (only revenue-gen
 erating start-ups are eligible).<br />\n<br />\nPlease ensure that the abo
 ve eligibility criteria are strongly adhered to. Any non-adherence will le
 ad to disqualification.<br />\n<br />\nEvaluation Criteria<br />\nAll thre
 e rounds will be judged on the following criteria:<br />\n<br />\nInnovati
 on and Impact: Pitcher Perfect focuses on drawing out new business ideas t
 hat have the potential to bring a change in society\, thus\, the core idea
  and associated impact itself is of elevated importance.<br />\nDemonstrat
 ion of Competitive Advantage: Each start-up will probably have businesses 
 competing directly or indirectly with it. Each pitch is expected to acknow
 ledge these competitors and explain what would set its own company apart. 
 If there are no competitors\, the pitch is expected to explain why the mar
 ket is empty and how they can successfully grow.<br />\nProof of Revenue: 
 Even the best products or services fail as businesses if nobody wants to b
 uy them. Therefore\, each pitch is expected to clearly demonstrate a profi
 table group of people that have bought the product/service.<br />\nFeasibi
 lity\, Scalability\, and Sustainability: Finally\, for any start-up to be 
 successful\, the start-up idea should be well thought through and viable a
 s a business. The focus will be to identify start-ups that are scalable an
 d sustainable.<br />\nEvaluation Process: The judging panel for all three 
 rounds will comprise of relevant stakeholders from the start-up ecosystem 
 (successful entrepreneurs\, incubation professionals\, consultants\, inves
 tors\, VCs). Please note that at any point in time\, the decision of the j
 udges/organizing team will be final and binding.<br />\n<br />\nSubmission
  Details:<br />\n<br />\nRound 1 (Pitch Deck Submissions by Start-ups):<br
  />\nSubmission Deadline: June 30\, 2021\, 11:59 PM<br />\nDeliverable For
 mat: PDF/PPT (max 11 slides including Cover Slide)<br />\nSubmission via D
 2C: File Name: Eximius21_Pitcher Perfect_H&amp\;E_R 1_<br />\nRound 2 (Due
 -Diligence):<br />\nDeadline: Short-listed start-ups will be contacted dir
 ectly. Any document/detail that is requested\, should be strictly reverted
  in 48 hours.<br />\nDeliverable Format: PDF/PPT/Excel/Other (as applicabl
 e)<br />\nSubmission via D2C: File Name: Eximius21_Pitcher Perfect_H&amp\;
 E_R 1_<br />\nRound 1 &amp\; 2 (Combined) Results: July 31\, 2021<br />\nR
 ound 3 (Final Pitch – to be held at IIM Bangalore):<br />\nFinal Pitch: 
 August 21-22\, 2021<br />\nInvestment Decision Results: On-spot<br />\nPle
 ase note that deadlines and formats are sacrosanct. Non-adherence will lea
 d to disqualification.<br />\n<br />\nDisclaimer:<br />\nWhile the organiz
 ing team will ensure their best to make the competition as transparent and
  fair as possible\; in case of any discrepancy\, the decision of the organ
 izing team will be final and binding.<br />\n<br />\nStages and Timelines:
 <br />\nRound 1<br />\nEach participating start-up will submit a pitch dec
 k – Total of 11 slides in the main section as specified below (any addit
 ional details can be added in the Appendix section): Please note that any 
 deviation in the below format will lead to a disqualification. • Slide 1
 : Cover Slide • Slide 2: Team • Slide 3: Product/Service (problem bein
 g addressed\, solution/offerings) • Slide 4: Customers (customer segment
 s\, customer validation done (if any)) • Slide 5: Market Assessment (mar
 ket size/potential) • Slide 6: Competitive Assessment (competitors\, val
 ue proposition/USP) • Slide 7: Business Model (operating model\, revenue
  model\, sales &amp\; distribution model) • Slide 8: Financials (cost\, 
 revenue\, break-even\, future projections\, financing required) • Slide 
 9: Current Start-up Status • Slide 10: Execution Plan/Go-forward Strateg
 y • Slide 11: Social Impact Assessment &amp\; Measurement (Key metrics u
 sed to measure impact)<br />\n01 Jun’21 12:00 AM IST – 07 Jul’21 11:
 59 PM IST<br />\n<br />\nRound 2<br />\nBased on Round 1 submissions\, few
  start-ups will be shortlisted\, and the organizing team in collaboration 
 with a third-party will further conduct preliminary due diligence to valid
 ate start-up pitch/claims. Start-ups should be ready to share additional d
 etails such as proof of revenue\, details on financials\, etc. as requeste
 d by the organizing team for successful execution of the round.<br />\n08 
 Jul’21 12:00 AM IST – 31 Jul’21 11:59 PM IST<br />\n<br />\nRound 3<
 br />\nAll the start-ups that successfully clear due diligence round will 
 get an opportunity to pitch their ideas to the investors. • Each start-u
 p will have 10 mins for the pitch (hard limit)\, followed by 8 mins of Q&a
 mp\;A with the investors\, who are free to ask for any clarification/justi
 fication they need. • Visual aids are allowed in the final round.<br />\
 n21 Aug’21 10:00 AM IST – 22 Aug’21 05:30 PM IST</p>
URL:https://www.knowafest.com/pitcher-perfect-2021
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