Srijan'10- final list of Incubatees-check in Results Section
Stages with detailed descriptions

Executive Summary:

The Executive Summary should be filled up strictly following the word limits in Srijan online platform. The executive summary can be submitted/ edited up to the last day of Submission. It must be noted that the last submission would be considered as the final submission for the team. Last date to update the executive summary is 30th November, 2009.

You-Tube: Make a Pitch : The Video Entry to Srijan’10: (Deadline: 30th November, 2009)

Youtube is a site which hosts videos on a plethora of topics like entertainment, education, entrepreneurship and many others as well.

In another unique dimension to the competition, Srijan is launching an online contest where in you can enter the competition in a video format.

You can submit your entry by uploading a five minute video of yourself talking about your business concept and one person from each zone (North, South, East and West) would get to pitch in front of real investors and entrepreneurs in the second round of Srijan’10. These pitches would be held in Delhi, Bangalore, Calcutta and Mumbai respectively.

Rules of Submission:

1.

The length of the video must not exceed five minutes.

2.

In your video, it's advisable to include

 

- What is the pain point of the customer you're trying to solve
- Brief description of your product/service 
- The present and potential market
- How much money would you need to start and where would you spend the money.

3.

In the text description with the video, include the following details

- Team Name | Business Category | Zone 
- Brief Description of the Business Concept - 1-2 lines 
- Description of Entrepreneur/People Involved - 3-4 lines.

4.

Upload the video in the 'Private Mode'. You would be instructed about the jury logins to share the video with. It’s your choice if you want to keep the video in the public mode and get your friends and family to rate it.

You can separately enter Srijan through the usual channel; entries via You Tube will be evaluated separately.

 

  

 

 

 

Options for Zone:
This is a preference for a center for the second stage  (The Pitch stage) if your team qualifies in the first round. 

North Zone - Delhi
South Zone - Bangalore
East Zone - Calcutta
West Zone – Mumbai

 

 

  

 

 

 

The Buddy: Upon the receipt of your entry, within 48 hours, you would be assigned a buddy from the organizing team of Srijan who would personally be the point of contact for you through the competition.

 

 

  

 

Pitch Stage:

 

Zone

Place

Date & Time

Venue

Address

North

Delhi

19th December

10.00AM – 2.00 PM

IMI*

 IMI, New Delhi* - 110 016

South

Bangalore

19/20th December

10.00AM – 2.00 PM

IISc- Bangalore*

IISc-B,Bangalore 
Karnataka , India - 560 001 

East

Kolkata

19th  December

10.00AM – 2.00 PM

IIM Calcutta

IIM Calcutta,
Diamond Harbour road,
Joka, Kolkata - 700104

West

Mumbai

19/20th December

10.00AM – 2.00 PM

SPJIMR*

SPJIMR,Andheri,Mumbai 400076

 

Format:

1. Pitch to the judges panel – 5 minutes

2. Cross questioning by the panel – 8 minutes

3. Feedback by the panel – 2 minutes

 

Rules:

  1. Shortlisted teams should confirm their participation in the Pitch round through a mail to srijan@iwsb.in .

 Subject of the mail: "Confirmation to Pitch Round -<Your Zone>"

 Deadline: 15th December, 2009

2. Participants cannot change the zone from which they have applied for.

3. Participants would have to make their own arrangement for traveling to the venue of the Pitch Round.

4. There is no formal dress code for any participant.

5. Participants shall have the facility of soft board, presentation, computers, projectors etc. The format of presentation is left completely to the participant's discretion.

6. Participants should confirm their arrival to the city of presentation a day before the Pitch stage (through a call to their buddy)

7. Participants should reach the venue on the specified day at least an hour before time

 

 

Mentoring Stage: (23rd Dec-22nd Jan, 2010)

Each Srijan Second stage qualifier shall be assigned a mentor from a mentors panel, for the specified duration. The Mentor shall advise the team on various aspects of their business plan. The communication between the Mentor and the team shall be mainly through meetings and mails depending on their convenience. We will try our best to assign the mentor to a particular team in his/her own city or the nearest city depending on the availability of the Mentor.

Final Business Plan Submission: (Deadline: 27th Jan, 2010)

 

 

The selected teams, after mentoring and guidance, have to submit their detailed business plans and a renewed Executive Summary. This stage calls for an exhaustive business plan that covers all details from Vision to Mission, Organization to Ownership, and Marketing to Exit Plan strategies.

 

1. Cover: All sorts of contact details with a centralized contact.

2. Title Page: The page should contain the business name, centralized contact details and the name and addresses of the principal owners.

3. Table of Contents: A single page showing major topics and page references.

4. Executive Summary: A brief (one-page) statement of the business plan objectives.

5. Description of the Business:

Ø  Company description and business model

Ø  Value proposition- financial

Ø  Value proposition- social or environmental

Ø  Vision

Ø  Current status

Ø  Current or committed funding and all funding sources

6. Licenses and Permits:

Ø  Is your business name registered with the secretary of state?

Ø  State how you will be affected by local zoning regulations.

Ø  What other licenses or permits will you be required to obtain?

 

7. Management:

Ø      What is your business and management experience?

Ø What education have you had, including both formal and informal courses that contribute to your management abilities?

Ø      Do you have direct operational and/or management experience in this type of business

Ø      Founders and key management

Ø      Industry experience, education

Ø      Board of advisors (Critical-- it can augment team experience if needed)

Ø Optional: Board of directors (3 required by law, usually not needed until first round of institutional funding is in place)

8.The Market Opportunity: (the problem, the customer's pain)

Ø  Why is this such a great idea? Define the problem, describe the pain

Ø  Competitive analysis (how the problem is not being solved by competitors)

  1. Market Solution:

Ø  Product or service

Ø  Description of a working model or prototype, if appropriate

Ø  How you will remove the pain, solve the problem

Ø  Ability to create barriers to entry

  1. The Market:

Ø  Identification of customer(s)

Ø  Market size, analysis and forecast

Ø  Industry analysis and forecast

11.  Competition: Briefly describe your competition and tell how their operations are similar and dissimilar to yours. What is your unique selling proposition and how will you use it to control your market?

12.  Financial Analysis:

    1. Source and application of funds statement. Capital equipment list.
    2. Outline overall financial model with detailed projections through Year 3
    3. including pro forma cash flow and budget analysis
    4. Other analysis, as appropriate (i.e. break even analysis)
    5. Discuss assumptions and capital requirements
  1.  Funding request:

Required venture Capital, IRR, Break-even point, ROI

Your plan should cover the following basic points which the judges will look for in your document.


Final Presentation Stage: (30-31st Jan,2010-IWSB Campus)

 

    
  

 

 
  1. The ultimate Business plan of the finalists will have to be submitted by 27th Jan,2010.
  2. The teams will be required to make a presentation for 20 minutes plus 10 minutes for Q & A.

 

 
  1. Depending on the interest of the jury and investors, there could be separate interactions arranged between the aspiring entrepreneurs and the panel members to share further details and work out a deal if deemed appropriate.
 
  1. The jury would comprise of investors, entrepreneurs and senior professionals from the corporate world. We would try to ensure a fair representation from the business category of each of the finalists to ensure fair evaluation and chance to each business category.
 
  1. The participants shall be notified in due time of the other requirements they need to furnish about the business and themselves. It is expected that they would take the process with utmost seriousness, the way it has been designed.

 

Incubation & Startup Capital :[1st Feb onwards in IWSB]

Ø  Mentoring: Continuous mentoring will be provided to the top 10 teams by best in domain Industry Experts, Entrepreneurs, VCs.

Ø  Incubation: Selected teams from top 10 will be provided incubation facility by IWSB & it’s partners. 

Ø  Startup Capital for Ventures: Selected teams from top 10 will be provided Start-up capital of any amount by IWSB & it’s partners.