IMI-India Launches B-Plan Contest "Empezar 2007" for Budding Entrepreneurs

IMI-India Launches B-Plan Contest "Empezar 2007" for Budding Entrepreneurs
Deadline for Submission of Executive Summary: October 30, 2007

Empezar '07, for the first time at IMI, is an initiative towards nurturing Entrepreneurial Spirit among budding managers. A platform where the Best will rub shoulders with the Betters and scale greater heights in the collective pursuit of their individual entrepreneurial ambitions.

A forum for the celebration of the audacious spark of innovation and exploration, it offers an opportunity to showcase business ideas as a B-Plan, and receive feedback from an eminent panel of judges. The forum anticipates a culmination of innovative ideas captivating the interest of potential investors.

Empezar '07 is also an opportunity for the entrepreneurs-in-making to learn from the experiences of successful entrepreneurs, who have been there and done it all - as they share with us the how-to's of the otherwise innate art of Entrepreneurship through discussions and a workshop. IMI presents an opportunity to those with Chutzpah, out-of-the-box thinking and initiative to take calculated risks. The Kautilyas of the Corporate World are welcome to chalk out winning strategies in the market, and prove their mettle in the sacred art of wealth creation and employment generation, humbly termed as 'Business'. The B-Plan would be held in the following phases: -

Stage 1: Submission of the Executive Summary

The stage entails the submission of an executive summary of the Business Plan, based on which the entries will be short listed for Stage 2. The executive summary should be submitted in soft copy to empezar@imi.edu by Tuesday October 30, 2007, 23:59:59 hours.

Stage 2: Submission of the Executive Summary

The entries short listed after Stage 1 will have to submit the complete Business Plan. The report should be mailed at empezar@imi.edu. Based on the comprehensive business plan, entries will be short listed for the next stage. The last date for submitting the plan is November 14, 2007, 23:59:59 hours.

Stage 3: Final Presentation

Short listed six teams after Stage 2 will be invited to make final presentation to be held on Saturday, November 24, 2007. The teams selected for the final presentation will get an opportunity to put forth their ideas before a panel comprising eminent entrepreneurs, venture capitalists and academicians. The venture capitalist would fund the plan on his/her sole discretion.

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