GUIDELINES OF THE COMPETITION
• Entries will be judged on the basis of submitted business plan proposals.
• Business plan can be submitted by an individual or team comprising of maximum 3 team members.
•Top 10 selected business plan proposers (individual/team) will be invited for presentation.
• Business Plan to be submitted as per format prescribed in Annexure 1
• Each business proposal presenters will get maximum 20 minutes for presentation including question answers.
SUBMISSION GUIDELINES
•Detailed business plan in the prescribed format (as per Annexure 1) should be submitted in soft copy latest by 9th January 2022, 11.59 pm in word document (Max. 10 pages + 3 pages for supporting documents, if any) and Power Point Presentation (Max.5slides).
• Submission to be sent to – [email protected]
PRIZES
•1st Position, Cash prize of Rs. 25,000/-, memento & certificate of appreciation. • 2nd Position, Cash prize of Rs. 15,000/-, memento & certificate of appreciation. •3rd Position, Cash prize of Rs. 10,000/-, memento & certificate of appreciation
INCENTIVES
• Exceptional business ideas can get opportunity to be incubated and mentored under GNLU Incubation Council (GLIC).
Participation fee (for each team) :
Rs. 500/-
Pay online at : https://www.onlinesbi.sbi/sbicollect/icollecthome.htm
ANNEXURE – 1 BUSINESS PLAN SUBMISSION FORMAT
- Generalbackground• Introduction
• Profile of the proposer(s - Businessproposition• The Business Idea
• Detail about the Product/Service • The USP of the Product/Service - Marketingstrategy• The market segmentation or target market
• The positioning strategy
• Estimated size and value of the target market • The competitive landscape
• Differentiation Strategy - Executionplan• Implementation Roadmap (detail flowchart of activities with time line)
• The financial requirements
•Snapshot of Projected Financial Statements for 5 years (Profit & Loss Account,Balance SheetandCashFlowStatement) • Milestones to Achieve - SWOCAnalysis• Strengths – Weaknesses • Opportunities – Challenges • Risk mitigation strategy
Who can participate?
• Any individual or team can participate.
Process of Participation
The participants should e-mail business plan & register form provided link latest by January 9th, 2022, 11 : 59 pm in the word document along with a power-point presentation including all necessary contents as mentioned in Annexure.
Submission should be e-mailed to [email protected] within the time line. Top ten business plans adjudged by the jury will be invited for presentation at GNLU.
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