Battle of Budding Entrepreneurs

1) Investors - Team of 3-4 seniors.
2) Participants – Team of 3-4 juniors.
3) Capital of maximum Rs.5000 will be provided by investors.
4) Investors can invest in maximum 2 companies subject to cumulative capital of maximum Rs. 5000
5) No Team can invest from his /her own pocket.
6) Each junior team (which qualifies 1st round) will be allocated 2 volunteers.
7) Investor can't invest in team belonging to same division to which he/she belongs to.
8) Profit / loss share will be negotiated between investors and the team members depending on their mutual understanding. (After the elevator pitch)
9) The teams that are not eligible to negotiate with investors after elevator pitch will be provided with Loan by ED Cell subject to Terms and Conditions.
10) Money will be refunded to investors (depending on the profit/loss sharing agreement) by the team they have invested in. (Money should be returned on the same day after the results are declared)

ROUND 1

Elimination round, consisting of elevator pitch (not more than 90 sec), where juniors will pitch their business idea to the investors.

ROUND 2

1) Execution of the business idea.
* For Round 1, each team has to be ready with a PPT (not more than 6 slides). The investors can ask for the same if they want to know further about the business. (There can be more than one teams from a single division)
* Total number of teams selected for final i.e. Round 2 will depend upon investors' willingness to invest.
* Failure of the teams to negotiate with the investors will automatically lead to elimination.

Prizes

The division with highest “cumulative net profit “will win the Rolling trophy.

Other prizes:

1. Best elevator pitch
2. Most innovative idea
3. Highest profit making business.

Schedule

Selection by the investors on the basis of elevator pitch - 2 days prior to E Day.
Competition time - 10am to 4pm (6 hours).
Preparation should be done before 10am.