Business Planning Round
- Each team (4-5 participants) must prepare a detailed business plan with a budget of up to Rs 50 Lakhs.
- The business plan should cover key components such as Market Analysis, Product/Service Description, Financial Projections, and Risk Analysis.
- The business plan should include a comprehensive breakdown of how the budget will be utilized for various aspects like capital expenditure, operational costs, and contingencies.
- Plans will be evaluated based on creativity, feasibility, and financial viability, with a focus on innovation.
- Teams that score high in this round will move to the next round.
Executive Summary Round
- Teams advancing to Round 2 will need to prepare a concise executive summary of their business plan.
- The executive summary should highlight the key aspects of the business plan, focusing on market potential, business strategy, and financial forecasts.
- Teams will present their summary to a panel of judges within a set time limit.
- Judging will be based on clarity, conciseness, and the quality of the presentation.
