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BZZWINGS
  • Introduction
  • Format
  • Rules
  • Shortlist
  • Prize
  • Contact
  • Winners
Who was it that spawned the myth that "entrepreneurship" appears only in the admissions SoP of B-school students? There are quite a few with the undying spirit of pursuing their dreams until they step into the realm of existence; those, who are ready to go the whole hog to do precisely what they set out to do.

And what better venue is there to put one's plans to a stress test than one of the most fiercely competitive B-fests of the country?

BzzWings is the open theme B-plan contest at Vista. Eight teams will be short listed for the final round, and they will be allotted mentors from our Knowledge Partners to assist them in their preparations. We just thought it would be better to enable participants to refine thoughts before the event, rather than in hindsight.

And it's not just money that's at stake; in addition, NSRCEL (Nadathur S Raghavan Centre for Entrepreneurial Learning) would offer incubation to the winner, and direct entry to the second round of the 2-tier incubation selection process to the runners-up.

So, for the entrepreneurially inclined, this is a solid chance to really get going on that dream project that's been in the works for a while.
 
Format

 The event will be held in three phases:

Phase I: Participants are required to email a soft copy of their executive summary before September 25, 2008. The results of this round would be announced by September 28, 2008.

Phase II: 8 teams would be selected from phase I. At this stage the teams will be provided access to a mentor. The mentors will be entrepreneurs, venture capitalists and/or consultants who have considerable experience with business plans. The mentors will help the teams through the process of fine-tuning the business plan. These teams will have to submit the final business plan by October 9, 2008.

Phase III: The 8 teams will have to present their business plan during VISTA at the Indian Institute of Management Bangalore (October 10-12, 2008). The panel of judges will consist of eminent venture capital and private equity investors and successful entrepreneurs.
Rules

Same college teams and startups (that are not older than 2 years AND whose turnover is not more than 1 crore) are eligible to participate in the event. There is no restriction on number of members per team.

  • The word limit for the executive summary is 1500 words. There is no word limit on the size of the business plan

  • The participants are required to mail only a soft copy of their entry in .pdf format to Name the file as bzzwings_(team_name).pdf

  • The last date for uploading the executive summary is September 25, 2008

  • The soft copies should be typed with 1.5 line spacing and font Times New Roman, size 12

  • Each entry should have a cover page mentioning names of the team member(s), addresses, e-mail, and telephone numbers. This cover page will be detached before the executive summaries are given for panel evaluation

  • The name(s) of the team member(s) or their institute should not appear anywhere else in the body of the paper

  • The results of first phase will be intimated to the teams by September 28, 2008

  • Mentors will be assigned to the selected teams by a process, which is at the sole discretion of the Bzzwings organizing committee

  • The teams selected in the first phase will have to submit the final business plan by October 9, 2008

  • These teams will be invited to make a presentation during Vista (October 10-12, 2008) at IIM Bangalore

  • The teams selected to present their respective papers will be reimbursed AC III tier, two-way train travel expense (maximum of 3 members per team would be reimbursed the fare). The reimbursement will be for the shortest route between the members' institute and Bangalore. Team members are required to present a copy of their tickets for reimbursements. In case of a flight journey, reimbursements will be made only on producing original boarding passes. Reimbursements will be capped at INR 2000 (to and fro) for distance less than 700 Km (one way distance) and INR 6000 (to and fro) for distance greater than that.

  • The decisions of the organizers of the contest and the panel of judges will be final and binding on all the participants
Shortlisted Teams

Congratulations to all the shortlisted teams! Shortlist is in no particular order.

  • Aarambh, IIM Bangalore

  • Incredibles, IIFT Delhi

  • The Schemers, IIM Bangalore

  • Ticket-O-Mobile, ISB Hyderabad

  • Tycoons, SIIB Pune

  • ForeRunners, IMT Ghaziabad

  • X-Cursionists, IIM Ahmedabad

  • FaMouS, FMS Delhi

1st Prize: 2500 USD
2nd Prize: 1250 USD
Contact

Saurabh Bhansali

91-9739150119
Winners
Team Name College
Pritam Sarkar, Smriti Khullar IIM B
Anshul Gupta, Radhika Tandon, Adithya MR IIM B

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