GetMyUni

 About the Organizer :

‘BizzNeeti 2.0’ is a national level Business Plan event organized NMIMS University's MPSTME College.

 There is a lot more to being an entrepreneur than coming up with the great business idea. ‘BizzNeeti 2.0’ is a Business Plan Competition wherein participants will present their business plan that they want to venture. It aims at obtaining innovative, 'out of the box ideas' from students in developing new businesses and focuses on how well a team has done a complete analysis of his/her business venture.

To participate in the competetion register here at https://bitly.com/BizzNeeti2016

For more information follow us on https://www.facebook.com/BizzNeeti

 Problem Statement:

BizzNeeti 2.0

Participants have to present their business plan that they want to venture. It aims at obtaining innovative, 'out of the box ideas' from students in developing new businesses and focuses on how well a team has done a complete analysis of his/her business venture.

 

Purpose of BizzNeeti 2.0:

 

    1)   To check capabilities of student in formulation of new endeavors.

    2)  To check their ability of performing market analysis for their product and formulating business strategies.

    3)   To foster entrepreneurship among students and build an entrepreneurial ecosystem

    4)   To get face to face with leading venture capitalists, angel investors and industry experts.

 

Round 1: Submission of Executive Summary (Deadline 29th February 2016):

Teams will have to submit an executive summary of their business plans.

The executive summary should cover specific aspects such as financials, operational issues, marketing and HR strategy and contingency plans.

The Last date to submit the executive summary is 29th February 2016.

Round 2: Final Presentation – On-Campus Round (12th March 2016)

  • Winners from the first round will be invited to the campus on 12th March. Final round comprises of presentation and Q & A with judges. The presentation must contain all the required aspects of their B-plan.
  • The final B-plan and presentation have to be submitted before the day of the event on 10th March.

 Rewards:

The reward includes prizes of Rs.50,000 in form of cash and other goods for the winner and the runner up.

A certificate will be given to the winner and runner up (travel and accommodation to the event at participant’s own cost)

 Timeline:
February 11, 2016 - February 29, 2016

 Deliverables:

Round 1: Executive Summary Format:

Teams will have to submit an executive summary of their business plans.

The executive summary should cover specific aspects such as financials, operational issues, marketing and HR strategy and contingency plans.

 Format for Executive Summary:
1) The abstract must strictly be written in English and use of formal language is encouraged.

2) Teams would need to adhere to a 500 word document limit. 
3) The participant has to include the following details of team members (1-5) in the front page:

Name

E‐mail IDs

Contact numbers

Name of the institution / organization currently associated with:

4) The header and footer must have title of the page and page numbers listed respectively.

5) The whole document must follow the following formatting style:

  Font Face‐ Times New Roman

  Font size‐ 14 point for headings and 11‐point size for others.

  Double columned

  Justified

  1 inch margin on all sides

6) The abstract needs to cover:

Area of business

Scope

Brief idea of the Plan

Feasibility of implementation.

7) Participants must submit the document in PDF format only.

 Rules and Guidelines:

Rules and Regulations:


 1. Teams will have unique team names of their choosing, and will be required to nominate a team lead. The proposed venture's name may be same or different than the team name. The teams are required to indicate team during registration.

 2. Any supplementary information meant for the teams will be communicated directly to the team lead subsequently via email.

Team Composition:

1. The event is open for teams comprising of Business school students, undergraduate students, corporate professionals (experience to be mentioned), as well as other independent individuals (employed or self-employed)

2. A team can have a maximum of 5 members. Members can be from any organization. All the members may or may not be from the same organization. 
3. One participant cannot be part of more than one team. 
4. No change in the team structure is permitted after the team is registered.

Basis of Evaluation:

  • The judging panel will evaluate the plans on the basis of:
  • Reasonable opportunity for success of the company
  • Company meets an identifiable need
  • Originality of your product or service in the market
  • Company has a believable competitive advantage
  • Communication, presentation and time management (during presentation)
 

Confidentiality & Legal:

1. BizzNeeti 2.0 NMIMS MPSTME, honors the confidentiality of all participants and their business plans and venture ideas. All judges and mentors associated with the competition also recognize the sensitivity of the plans being presented.

2. BizzNeeti 2.0 Organizing Team may publicize the names and associations of judges and mentors associated in the evaluation rounds of the competition. However, the individual contact information for such judges will neither be disclosed, nor be sought by any of the teams.


3. No participating team may under any circumstances attempt to contact a judge during evaluation stages of the competition. Any such behavior will result in the disqualification of the team from the competition.

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Connect with Us

 

Contact us at:-  
upneet.grover@getmyuni.com