Entrepreneurship Cell, IIT Kharagpur launches its Business Plan Competitions

Entrepreneurship Cell is searching for innovative and enterprising ideas through its Business Plan competitions. Our competitions provide a platform for students to get excellent professional mentorship from our experienced, varied and distinguished mentor pool, and to showcase their ideas in front of Venture Capitalists, Angel Investors and Industry Leaders. If you want to turn your idea into an entrepreneurial venture, then this is the perfect stage for you!

The different competitions are as follows:

Envision: Envision is the annual product design competition. The aim of this competition is to provide an arena where the next generation of block-buster products can be showcased and to provide a platform for the winners to take their ideas to the next level. With the assistance of TePP (Technopreneur Promotion Programme, Govt. of India), feasible products get upto 45 lacs worth of funding and mentorship. http://www.ecell-iitkgp.org/competitions/envision

Eclairez: Eclairez, the Social Entrepreneurship Challenge is a platform for social entrepreneurs to showcase their innovative solutions to society's most pressing social problems. The participants will get a chance to perk up their business plan with our mentorship board and convert it into a successful social venture. The mentorship board will consist of Social Entrepreneurs, Funding Organisations and Venture Capitalists. This event also encourages submissions from working professionals and grass root connectors. http://www.ecell-iitkgp.org/competitions/eclairez

Negocio: Negocio is a web- and mobile-application based B-Plan competition. The competition promises to bring out new ideas and formulate revolutionary revenue models in the Web and Mobile Apps spectra which are yet to be ventured. There is huge opportunity for web and mobile based companies in India because of the increasing pace of Internet and 3G mobile penetration. http://www.ecell-iitkgp.org/competitions/negocio

Cleantech: Cleantech Challenge is a clean technology oriented B-Plan competition. The first of its kind in India, Cleantech Challenge provides a platform for those who believe in making profit, without harming nature, but conversely, by preserving it. E-Cell has taken the initiative of conducting a cleantech business plan competition to help accelerate the process of turning a budding idea in the cleantech sector into a fully-fledged functioning company. http://www.ecell-iitkgp.org/competitions/clean_tech

Submission Details:

Please submit the executive summaries of your Business Plans to the following email addresses. The Executive Summary should be of not more than 500 words.

Concipio: [email protected]

Envision: [email protected]

Eclairez: [email protected]

Negocio: [email protected]

Cleantech: [email protected]

Last date for submissions is 31st October, 2010.

The shortlisted entries will be provided with quality mentorship by our distinguished mentor pool through the months of November and December, before the final rounds of the competitions, to be held at the Global Entrepreneurship Summit - 2011, at IIT Kharagpur, from 14th-16th January, 2011.

For further queries, contact:

Chanakya Hridaya

[email protected]

+91-9674450231

Entrepreneurship Cell (E-Cell) is a student organization instituted at the Science & Technology Entrepreneurs Park at Indian Institute of Technology Kharagpur. It was formed under the aegis of Sponsored Research and Industrial Consultancy (SRIC). The objectives of E-Cellare to provide students with all the support in terms of training, mentorship, incubation, patenting, and external funding needed forentrepreneurship. IIT Kharagpur, being the premier institute of technology and research in the country, greatly realises the immense need to promote entrepreneurship and innovation at every level.

E-Cell promotes entrepreneurship through different approaches such as B-Plan competitions, workshops, guest lectures, knowledge camps and various other platforms. Global Entrepreneurship Summit, organised in January every year, is one of the biggest entrepreneurial events in India, with personalities like Arjun Malhotra, Dominique Trempont, Vinod Dham, Sramana Mitra, Sanjeev Bhikchandani, Anand Sen as our distinguished speakers in the past. It also marks the culmination of the nation's best B-Plan competitions, and serves as a massive platform for young students to showcase their innovations and to tread the first step on the exciting path of entrepreneurship and innovation.

E-Cell is launching a massive Entrepreneurship Awareness Drive in colleges in 15 cities across India from 12th-25th October, 2010 to spread awareness about entrepreneurship and innovation throughout the country. Each Entrepreneurship Awareness Camp (EAC) consists of a guest lecture inspiring interested students to take the path of entrepreneurship. EAD 2009 saw entrepreneurs to the likes of Mr. K D Singh, founder CEO of Alchemist Group, Mr. Gerard Rego, Charter Member TiE, Mr. Vasanth Subramaniyan, President TiE Kolkata chapter, Mr. Arbind Singh, Social Entrepreneur of the year 2008 and many others. It will be very prominently covered by local and national media alike.

E-Cell has collaborated with 18 colleges in India and also with leading universities like Stanford, NUS and MIT Sloan in its bid to promote start-ups. As many as 21 start-ups from IIT Kharagpur itself have incubated during the 5 years of E-Cell’s inception.

For further information, please visit the official E-Cell website at http://www.ecell-iitkgp.org