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SCAI invites you to participate in DISHA, the annual business plan contest of National Innovation Foundation, organized this year by the students of IIM
Kolkata.
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What this is all about:
It presents the ultimate challenge of converting an innovation into a workable business proposition. This will push you to the limits. Tough but extremely rewarding too. It is time you put those classroom theories into practice and dirty your hands by coming to the field. You bring your intellect, your thought process and give a shape to an innovation.
How to Participate:
Initial Registration
The group shall consist of maximum FOUR members. It is
advisable that initially you send us names of only TWO
members of the team with the following details:
Name
Institution
Year of Study
Postal Address
Email
Phone (optional) |
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Download
zip version of the poster |
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(3,569 KB) |
Deadline for registration is 25th
November 2006
(mail to: disha@nifindia.org
, bd@nifindia.org )
The registered teams shall be provided with an abstract of the innovation, which they are expected to work upon, and frame a business plan to commercialize the same. The innovations shall be allocated on the basis of the proximity of the student groups to the innovator, as the students are expected to meet the innovator for details with respect to the business plan.
Final Registration
Initially a team may opt to register with fewer members (less than four). Additional members, if any, may be added anytime before
25th November 2006. Similarly, any other change in the team’s composition or profile could be made before
25th November 2006. However, once a team has confirmed its registration any such change will not be permitted.
You might wish to include students from the relevant background in your teams.
Please note, all four members need not be from the same
institution. They may be students from neighboring educational institutions (from engineering, medicine, pharmacy, agriculture or any other stream).
You may visit the list of technologies at Projects
Click here to
download Confirmation Form
Send us your confirmation of participation in the B Plan contest by:
(mail to: disha@nifindia.org
, bd@nifindia.org)
Deadline for submission: 20th December, 2006
(mail to: disha@nifindia.org
, bd@nifindia.org)
Evaluation
Bringing an innovation to the market can be broadly through new venture planning or through technology transfer (exclusive or non-exclusive rights, either to an entrepreneur or a business house).
The B Plan will be evaluated on its:
1. Applicability
2. Depth of Analysis
3. Real market data
4. Options explored (different scales, different business models)
5. Methodology
6. Innovative approach (e.g. product bundling, viral marketing, piggy-backing established supply chains etc.)
Finalists will be informed through mail by 23rd December, 2006
Final presentation dates: 4th January, 2007
The ten best teams will be invited to IIM Kolkata to present in front of our distinguished panel of judges.
The Booty:
| First Prize : |
Rs. 40,000 |
| Second prize
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Rs. 20,000 |
| Third prize
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Rs. 15,000 |
| 5 Consolation prizes
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Rs. 3,000 each |
| Special prize*
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Rs. 10,000 |
* For the team, which will successfully implement its business plan in the most effective manner (be able to bring an innovation to the market through a technology transfer or setting up an enterprise). In this case, the time limit can be extended till the end of current financial year.
In case of any dispute, jury's decision will be final.
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