About
The India in 2047 National Case Contest - Business Plan Challenge 2024 is a first of its kind business plan competition for college students which inspires and encourages ideation and entrepreneurship. Students from Colleges across India present their ideas apart from meeting and receiving feedback from experienced industry leaders and seasoned entrepreneurs.
The contest aims to bring together the country's top business, management, technology and accounting students offering them a great opportunity to showcase their business & entrepreneurial skills. Such skills are relevant in the context of emerging business models. We give our participants, the business leaders of tomorrow’s India, the chance to interact with fellow students, cultivate a powerful network, engage with industry experts, and business gurus from various domains.
The Challenge
Areas for Business Plan Challenge 2024
Climate Change
Smart City
Healthcare
Mobility
Infrastructure
Energy
Home
Rural India
Education
Jobs & Skills
Manufacturing
Agriculture
Banking
Hospitality
Attire
Entertainment
Sports
Media
Defence
Information Security
Rounds
Round 1 :
Written Business
Plan
The written business plan must be submitted electronically in PDF format to the organisers, which will be evaluated by the panel of judges. The Finalists will be selected and announced for their preparation for the pitch presentation in Round 2 – Regional Level.
Round 2 :
Pitch Presentation in Regional Level
The Finalists will prepare a 10 minutes pitch for the regional level round in front of judges and live audience in four Regions across India including Delhi-NCR, Pune, Chennai/Bangalore and Kolkata/Bhubaneshwar
Round 3 :
Pitch Presentation in National Grand Finale
The National Finalists will prepare a 10 minutes pitch for the National level round in front of judges and live audience in Chennai.
Eligibility Requirements
- The Challenge is open to full time college students of India from any discipline including Management, Finance, Engineering and Technology.
- The team size should not exceed two members, and team must be from the same institution. Multi-disciplinary teams are encouraged.
- The objective of the business plan competition is to promote marketable business and social enterprise ideas that have the potential to attract funding, launch, and prosper.
- Each student on the team should be involved from the concept through the development of the business plan.
Business Plan Format
File Format & Length
A printable PDF file. Limit your plan to twelve (12) pages, including a two-page executive summary. The page limit includes the cover page and single table of contents page.
The written plan may include an Appendix with up to four additional pages.
Page Format
Single-spacing with one-inch margins and 12-point Times New Roman font. This line spacing and font requirement apply to the document's textual content, not to titles and descriptions accompanying pictures, graphs, tables, or worksheets. All pages must be numbered, excluding the cover page.
Cover Page
Must include the title, the team members, the team code (provided on registration) and contact information for each team member. The contact information should consist of an e-mail address and a phone number.
Financial Data
Financial data should be summarized and highlighted in the written plan, supporting details, and spreadsheet information in the Appendix. Startup costs and how the investment will be used, along with income and cash flow statements, are appropriate.
Mandatory Sections of your business plans :
- 1. Cover Page
- 2. Table of Contents
- 3. Executive Summary
- 4. Business Description
- 5. Competitive Analysis and Advantages
- 6. Market Opportunity and Analysis
- 7. Product Description and/or Service
- 8. Organization and Management Team
- 9. Financial Analysis and Funding Request
Suggested details under each section :
-
Executive Summary
- Business description.
- The Problem and the Solution.
- Value Proposition.
- Business Model.
- Target Segments.
- Market trends over 3 years.
- Financial summary
- Funding requirements
-
Business Description
- Company description
- Mission
- Products
- Business model.
- Current Status.
-
Competitive Analysis
Do a comparison between your company and your competitors (if any).
-
Market Opportunity
- Customers.
- What Customer Problem are you going to solve?
- How are you going to solve it?
- Market segment
- Size of market
-
Management Team – Organizational Plan
- Founders and key management personnel
- Form of ownership
- Partnerships
- Board of Advisors
- Board of Directors
-
Operational Plan
- Description of operations
- Exit strategy
-
Financial Analysis
- An analysis of your financials
- Gross margins over a three-year period
- Revenue over three years
- Cash flow over three years
- Profit
- Income statement
- Reason for the investment
Prizes
National Winner
INR 30,000
National First Runner Up
INR 20,000
National Second Runner Up
INR 10,000
All Finalists presenting in the Grand Finale and Regional Finale will receive certificate of Recognition and a Gift Hamper.
All team members will receive participation certificate.
Evaluation Criteria
Written Business Plan criteria (100 points Max)
In Round 1, teams are evaluated based on a written business plan.
- Viability – The venture is implementable, realistic, and viable (20)
- Market opportunity – Show the market potential of the proposed venture exists and your method for taking advantage of it (15)
- Competitive advantage – The business has a unique, novel, or distinct approach, which gives it an advantage (15)
- Management capability – Team can effectively develop the venture and handle the tasks necessary for its success (15)
- Innovation – Teams has developed an innovative solution to an existing or emerging problem (15)
- Financial understanding – Team has a good understanding of the financial requirements of the venture (15)
Based on the strength of the written plan, finalists will be selected to compete in Round 2.
Presentation Round criteria (100 points Max)
- Clear explanation of the product/service and persuasiveness of the oral presentation/pitch (10)
- Quality of the responses to questions from the judges (10)
- Venture viability (10)
- A clear statement of the problem/opportunity (customer pain) and solution (includes value proposition and customer pain you are eliminating) (20)
- Features & benefits of goods or services that the venture proposes and business model (20)
- Market potential – the size of the opportunity, competitive analysis & competitive advantage (20)
- Forecast and Financial summary and need for investment (10)
Important Dates
Registration Opens
Registration Closes
Submission Ends
Regional Finals
Grand Finals
Past Edition
Past Partners
Institutions Participated
Past Winners
