Good Business Leaders Create A Vision, Articulate The Vision, Passionately Own The Vision, and Relentlessly Drive It To Completion.
Good Business Leaders Create A Vision, Articulate The Vision, Passionately Own The Vision, and Relentlessly Drive It To Completion.
Good Business Leaders Create A Vision, Articulate The Vision, Passionately Own The Vision, and Relentlessly Drive It To Completion.
The Event
Rules
Event format
Judging Criteria
Resources
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"Good business leaders create a vision, articulate the vision, passionately own
the vision, and relentlessly drive it to completion."
Ambitious to become the next Mark Zuckerberg or Ambani? We are back again with yet
another chronicle of Biz Plan to incite the entrepreneur within you. The arduous hunt for
peerless entrepreneurs has kicked off! This is your chance to hone that nascent
entrepreneur in you; a stage to realise your innate potential. Bring about a phenomenal
change in today's corporate world!! Think out of the box, come up with a commendable
business plan and get ready to present your ideas at Kurukshetra'11.
Prize money over INR 25,000.
Teams must have their business plan focused in the following technology areas:
Biotechnology
Education
Electronics & Communication
Energy, Environment, Clean Technology
Health
Manufacturing
Agriculture and Wildlife
Retail
Software and Web Services
Rules
1.
2. There can be a maximum of 2 members per team.
3. The members can be from different educational institutions.
4. At least one member of the team must be a current student of any academic
institution.
5. One member of the team must be designated as the team lead at the time of the
Executive Summary submission and thus is authorized to make all decisions on
behalf of the team.
6. Students are advised not to submit more than one executive summary which is a
clear indication of lack of commitment to one particular business plan.
7. The plans submitted by the teams must be original and innovative.
Event format
Phase I
The teams have to mail their Executive Summaries to
biz.plan@kurukshetra.org.in on or before January 10th,2011.
The subject name of the mail has to be PHASE 1 :: TEAM NAME.
All entries should be in the form of a Microsoft Word document in Times New
Roman font (size 12) and single line spacing.
The Summary shall contain a maximum of three pages excluding the cover
page.The cover page of each entry should contain the name of the participants,
institute name, Degree/course, e-mail address and phone number of the team leader
and all other members.
The Promising Business Plans will be selected for the Phase II.
The selected teams will be intimated through mail/phone.
The decision of our review panel is final and binding on all participants.
Phase II
The 10 finalists must make a 10 minute presentation of their business plans
before the judges, following which, there will be a brief question and answer session.
The teams have to carry 3 hard copies of their business plans with them.
The teams have to mail their presentations and the complete business plans to
biz.plan@kurukshetra.org.in on or before January 15th 2010.The subject of the e-
mail shall be PHASE 2 :: TEAM NAME.
Judging
he following points must be dealt with to make the business plan look impressive:
The business idea
Analysis of the current market
Competitive Analysis
Technical feasibility
Economic feasibility
Potential market size and share
Sustainable competitive advantage
Marketing strategy
Financial Strategy
Employment Strategy
Administrative Strategy
During evaluation, judges generally measure the above mentioned points in terms of
three basic requirements of a good business plan :
http://www.hbs.edu/entrepreneurship/resources/
http://articles.bplans.com/writing-a-business-plan
http://www.library.hbs.edu/guides/socialenterprise/entrepreneurship.html
http://www.hbs.edu/socialenterprise/resources/entrepreneurship.html
http://www.entrepreneur.com/bizstartups/index.html
http://www.yourbusinesspal.com/executive_summary_example.html
The executive format ought to include all the details given below in that particular order. It
Introduction
The introduction includes the name of the business and in brief the activities it has to carry
out. If you're writing an executive summary for an existing company, list out its best known,
best reviewed products, the awards the company has won and also about the history of the
company.
Products/Services Offering
The next thing you need to include in your executive summary format is what you intend to
sell. Whether it is a product or a service that you're looking to sell in the market, you need to
justify in your executive summary why you think this product will do well, and what makes you
Target Market
This section tells at whom the products/services are targeted at. The explanation also needs
to be given as to why you feel that this is the correct targeted market and how you intend to
The Ex Factor
Why will someone buy your product? What does your product have that gives it an edge over
similar products of other companies ? What makes you think that you're product will survive
The goals and objectives lay down the short and long term expectations of this business plan.
This part of an executive summary lays down the revenues you expect through the sale of
Management Team
Is there anyone else who is with you on this project? Describe the organization and the key
management team members.