While India zeroes in on fixing itself in an entrepreneurial environ, it is essential to recognize the role of B-Plan competitions in doing so. B -Plan competitions not only inspire premature ideas to become business models, it allows innumerable Incubators and Accelerators in the country to come forward and look at the cream of ideas. An entrepreneur needs the right support and the right platform to make it to far-reaching heights. BITS Pilani Goa intends to support young minds and budding entrepreneurs keeping in mind that “An idea is a great place to start. But the world needs people who can turn them into reality.”
For the same, Coalescence 2015 at BITS Pilani K.K. Birla Goa Campus features the second edition of it’s acclaimed B-Plan competition Novatia. to Novatia, in it’s second edition saw a participation of over 200 teams from colleges as reputed as IITs, IIMs and BITS.
The event which is scheduled to take place on 5th – 6 th September 2015 in the BITS Goa campus offering a prodigious cash prize of nearly INR 1,50,000 and seed funding up to INR 2 Million. In addition to cash prizes, the winning teams also get free co-working space, free incubation, acceleration support and mentorship at leading startup growth hubs in Delhi, Bangalore, Mumbai, Hyderabad etc. through its partners. Coalescence has already partnered with 91Springboard, Palaash Ventures, ah! Ventures, Startup Pirates and more to be released soon.
The event comprises of 2 categories – Social and Enterprise. The entries are sorted out in three rounds:
Based on an executive summary of the B-Plan, top entries are short-listed in first round. The qualifying teams need to give a detailed Business model in the second round. Teams are provided a month long mentorship from leading experts in the field to curate their business plans further. The top 20 entries from the second round are invited for the final round at BITS Pilani, Goa campus to formally present their business model to a panel of reputed judges from various fields.
The teams invited to the campus also get the opportunity to attend provocative
Workshops, edifying Conference, Startup Expo, and Hackathon.
The registrations are open till 18th July 2015 at the Coalescence website.
For regular updates: Coalescence on facebook
Coalescence on twitter
For any queries, drop an email to [email protected]