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.
â˘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
â˘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
â˘1st Position, Cash prize of Rs. 25,000/-, memento & certificate of appreciation. ⢠2nd Position, Cash prize of Rs. 15,000/-, memento & certificate of appreciation. â˘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
â˘Snapshot of Projected Financial Statements for 5 years (Profit & Loss Account,Balance SheetandCashFlowStatement) ⢠Milestones to Achieve
- SWOCAnalysis⢠Strengths â 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 includingallnecessarycontentsasmentionedinAnnexureI.
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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