Aegis Entrepreneur Challenge 2007- 2008 Innovate…Build…Implement A Global Business Plan Competition.

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Presentation transcript:

Aegis Entrepreneur Challenge Innovate…Build…Implement A Global Business Plan Competition

Aegis Entrepreneur Challenge Dream is not what you see in sleep, but that which does not let you sleep. Every great business not only requires an innovative idea and dynamic business plan but it requires vision and your ability to live up to the trying circumstances of starting up. The Aegis Entrepreneur Challenge provides ongoing learning experience to participating entrepreneurs. All unique business ideas will get an opportunity to achieve business success. If you wish to turn your idea into value creation, then Aegis Entrepreneur challenge is a place to be.

The Process Applications will screened in multiple-elimination phases by jury. Short-listed participants will be invited for interaction and presentation before jury for final selection. The best teams will have an opportunity to present their Business Plan to prospective investors (VCs, Angel Investors, PEs etc.) for developing into commercial enterprises. In addition, entrepreneurs will have an option to complete Executive MBA programme at Aegis School of Business which is geared towards developing them as successful Business Leaders. This MAB can completed while setting up the business operations.

What are we looking for in a B. Plan? Basic value proposition, Entry barriers, IP protection, Unique Selling Points Market size, segmentation, target customers, competitors, technology expertise and domain knowledge Proposed Team (management, execution) Scalability, profitability, break-even points, and growth estimates (revenue, team size) Milestones and deliverables (prototype, proof-of-concept, beta customers) Revenue model: Sources of revenue (service/product mix) Risks and contingencies: De-risking/risk management/risk containment plan Projected (pro-forma) financial statements Exit Strategy

The Guidelines This competition is open to all candidates having bachelors degree or minimum 5 years of work experience in lieu of degree Each Team can consist of a maximum of three members No individual can be a part of more than one team The members of the team may not be necessarily from the same institute, company/organization or geographies Executive Summary should be in PDF or Doc format. It should be of a maximum five pages excluding the cover page. Format details: A4 page; Times New Roman, 12 point, 1.5 line spacing, 1" margins all around Executive Summary will be evaluated on the basis of concept, strategy of execution, market opportunity, organization structure, profitability and financial analysis, risk and exit strategy etc. The panel and committee will undertake a NDA with each participant upon receipt of each idea proposal

Who are the our Jury Members? Mr. Bipin Shah, Vice Chairman, Indus Venture Management Mr. V P Chandan, Director Aegis, Former President Qualcomm Mr. Anirban Bhaumik, Founder and Managing Director, Yuj Systems Mr. Vivekanand Kulkarni, Professor and Dean, Aegis School of Business Mr. Vijay Kalantri, President, All India Association of Industries Mr. Suvir Sujan, Managing Partner, Nexus India Capital Mr. Mukul Singhal, Investment Analyst, Canaan Partners Mr. Samir Gandhi, Business Associate, Maxiumus Consulting Mr. Rajendra Shah, Director, Fidelity Investment Management Mr. Salim Andrews, Chief Economist, Multi Commodity Exchange

Important dates Early Submission: 30 November 2007 Final Submission: 15 December 2007 Final Event: 15 January 2008

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