V-Guard Big Idea Business Plan Contest 2017 : vguard.in

Organisation : V-Guard Industries Ltd
Competition Name : Big Idea Business Plan Contest-2017
Contest Last Date : 18-09-2017
Registration here : https://www.vguard.in/
Website : http://www.vguard.in/contest

The Big Idea Contest :

V-Guard Industries Ltd is a leading electronics and electrical major dealing in 13 products and having more than 29 branches across India with a turnover of Rs 2152 crores (as on 31st March 2017).

Update : V-Guard Big Idea Business Plan Contest 2018 : www.contest.net.in/36643.html

V-Guard enjoys brand popularity all over India and is now making a global presence with its increasing exports and markets spread over the world.

V-Guard’s ‘Big Idea Business Plan Contest-2017’, invites students from B-schools and Engineering Colleges across India to propose a well thought through, creative and comprehensive business plan for V-Guard’s future growth and consolidation.

The Challenge :
V-Guard is all set for the next giant leap in Appliances Segment. What do you think should V-Guard’s strategy be? What products should it launch?

The submissions should cover all the aspects of a typical business plan. The aspects should include
** Feasibility Study of the Business Idea through Consumer Research
** Customer Value Analysis
** Financial Feasibility and Projections
** Market Penetration and Market Development Plan

The contest comprises of different phases. The teams have to register online before 18th September 2017. An online brief will be sent to the registered teams. The teams would then have to submit a short executive summary of their business plan for V-Guard on or before 26th September 2017.

The top 20 teams shortlisted will be intimated by 13th October and will then advance to the contest’s finals. The Top 20 teams should then submit their final written report of the plan on or before 23rd October 2017. This will be followed by an oral presentation before the Top Management of V- Guard.

The performance of the teams would be evaluated based on the written report and the oral presentation.

The first prize of Rs.1,00,000 & Summer Internship Program with stipend for 1st year participants, second prize of Rs.50,000, third prize of Rs.25,000 and two special jury awards of Rs.10,000 each await the winners. The Business Plan Contest Finals will be held on 3rd and 4th November 2017.

Last Date of Registration 18th September, 2017

Rules Regarding Executive Summary :
The executive summary should preferably be typed (double space) on bond paper, (size 11”8”), leaving 3 cms margin and should not be more than 2000 words. Charts, diagrams, etc. may be included to support any research work or data collection.

General Rules :
** The number of members in a team should not exceed 3.
** The participants must produce ID cards on request.
** Registration Fees: Rs 1000/- per team from a college.
** Participation will be confirmed subject to receipt of participation fee. The fee paid is non-refundable.
** The decisions of the judges will be final and binding on the participating teams.
** Participating teams are requested to visit the website (vguard.in/contest) for any updates about the competition.
** Organizers have the right to make changes in the event if necessary

Contest Phases :
The Big Idea Contest has 6 phases
Phase I: Registration (16th August 2017 – 18th September 2017 )
Each team should register online, on or before 18th September 2017 and then make the non – refundable participation fee to V-Guard. After making the payment, the details has to be entered in the registration form and mail to elizabeth.joseph[AT]vguard.in on or before 18th September 2017.

Phase II: Online Briefing
An online brief will be sent to all the registered teams.

Phase III: Executive Summary Submission (26th September 2017)
All the teams will have to submit the executive summary online on or before 26th September 2017.

Phase IV: Declaration of Finalists (13th October 2017)
Top 20 teams will be shortlisted based on the executive summary submitted. The teams shortlisted will be intimated through their mail id and announced online.

Phase V: Final report Submission (23rd October 2017)
The top 20 teams has to submit the final report of their business plan on or before 23rd October 2017. Shortlisted teams has to mail the report to elizabeth.joseph[AT]vguard.in

Phase VI: Business Plan Contest Finals (3rd & 4th November 2017)
The teams will make an oral presentation before the judges on 3rd & 4th November 2017. This event will be conducted in Cochin.