iima-masterplan.in Annual Business Plan Competition 2015 : IIM Ahmedabad

Organisation : IIM Ahmedabad
Announcement : Masterplan 2015 Annual Business Plan Competition

Home Page : http://www.iima-masterplan.in/

Masterplan is the annual business plan competition hosted by IIM-Ahmedabad. Masterplan seeks to identify budding entrepreneurs to contribute to India’s buzzing economy.

IIM Ahmedabad invites you to partner with us in our endevour to materialize ‘Startup India, Standup India’. Drop in a mail at masterplan@iimahd.ernet.in to know more about how you can contribute.

Masterplan 2015 promises to ensure that no great idea gets left behind and unexplored. The competition will have the following four Arenas: Business Stratups, Social Startups, Business Ideas and Social Ideas.

Arena 1: Business Startups
Have you already started the entrepreneurial journey? This ‘Sub-Competition’ of Masterplan 2015 is created exclusively for startups that have already registered as a company. Take this opportunity to compete, network and get noticed by top investors in India.

Arena 2: Social Startups
Want to make the world a better place to live, through your venture? Here’s your chance! This ‘Sub-Competition’ of Masterplan 2015 looks for innovative startups (registered companies) that wish to make a substantive difference in the lives of people.

Arena 3: Business Ideas
A new outlook, a new opportunity always exists. Find it and join us for Masterplan. This ‘Sub-Competition’ focuses on business ideas that show the spark to rule the world.

Arena 4: Social Ideas
Do you have the next big idea that will revolutionize the social sector? This ‘Sub-Competion’ focusses on providing a great opporunity to convert your idea into a social venture.

Rules :
The registration for the event opens on September 15, 2015
Teams will have unique team names of their choosing, and will be required to nominate a team lead. The proposed venture’s name may be same or different than the team name. The teams are required to indicate team during registration. All submissions, beginning executive summary, shall indicate both team name and proposed venture name.
The registration for the event closes on September 25, 2015
Any supplementary information meant for the teams will be communicated directly to the team lead subsequently via email.

Team Composition :
The event is open for teams comprising of Business school students, undergraduate students, corporate professionals, entrepreneurs as well as other independent individuals (employed or self-employed)
A team can have a minimum of 2 and a maximum of 5 members. Members can be from any organization. All the members may or may not be from the same organization.
One participant cannot be part of more than one team.
No change in the team structure is permitted after the team is registered. Please register your team after careful thought and deliberation.

Confidentiality & Legal :
Masterplan, Confluence 2015, IIM-Ahmedabad honors the confidentiality of all participants and their business plans and venture ideas. All judges and mentors associated with the competition also recognize the sensitivity of the plans being presented.
The Masterplan 2015 Organizing Team may publicize the names and associations of judges and mentors associated in the evaluation rounds of the competition. However, the individual contact information for such judges will neither be disclosed, nor be sought by any of the teams.
No participating team may under any circumstances attempt to contact a judge during evaluation stages of the competition. Any such behavior will result in the disqualification of the team from the competition.

FAQs :
Who is eligible to participate in MasterPlan?
The contest is open to management students, undergraduate students, corporate professionals, entrepreneurs, as well as other independent individuals (employed or unemployed)

Do all the team members have to be from the same University / Business School / Organization?
No. All the team members need not be from the same University / Business School / Organization.

Can corporate participants from different companies form a Team?
Yes. Corporate professionals from different companies can form a team together.

Can the team have a mix of Business school students/undergraduate students/corporate professionals/entrepreneurs/other individuals?
Yes, the team can have any mix of participants.

Is the team composition mentioned at the time of registration final?
Yes. No changes will be allowed in the team composition after registration. Therefore, please enter the team details after proper deliberation.

What if a person gets registered as part of more than one team?
Both the teams will become ineligible to participate. Therefore, please check with the proposed team members before registering.

What is the registration fee for participation?
There is no registration fee.

Where will the final round of the event be held?
The Grand Finale will be held on the campus of Indian Institute of Management, Ahmedabad between 27th November and 29th November, 2015 during Confluence 2015.

Can we consult non-team members such as professors or industry experts?
The interaction with non-team members should be restricted to interviews and surveys, and proper reference should be made to the same in the business plan document. Similarly, any other information source including published studies may be used, but the document submitted should contain proper references.

Should the business plans strictly adhere to a structure?
While adherence to any structure is not compulsory, all the relevant aspects such as business concept, vision, market opportunity, competitive advantage, detailed competitive analysis and the resources and finances required to implement the idea can be included. Relevant financial projections including expected cash flows, pro-forma balance sheets and P&L statements can be included. Proposed management structure and relevant assumptions may also be included