Name of the Organisation : Indian Institute of Technology Jodhpur (ideas.iitj.ac.in)
Name of the Competition : Yuva Anveshak Competition For Engineering Graduates and Final Year Students 2013-14
Location : Jodhpur
Website : http://ideas.iitj.ac.in/index.php
Yuva Anveshak Competition 2013-14 :
This initiative intends to nurture young minds and help their ideas gain ground through channelized guidance and mentorship by industry experts. The theme for the current year competition is Hygiene, Health, Sanitation and Waste Management.
The competitors should be developing prototypes on automatic toilets which can sanitize itself as well as the user. The prototypes will be then be scaled up at IIT Jodhpur and real time utility in nearby villages in order to enable the underprivileged society to learn sanitation and hygiene.
Sanitation and Hygiene facilities existing in the Rajasthan region, by and large in the country have left much to be desired. In the present year I.D.E.A.S. competition, the social problem that our I.D.E.A.S. team would pay attention to is Hygiene, Health, Sanitation and Waste Management.
Prizes :
Incubation Seed Money : upto INR 10,00,000 each
Proof of Concept : upto INR 40,000 each
Guidelines for filling application forms (Yuva Anveshak) :
** Participants from the same college (from same or different streams) may participate individually or may form teams consisting of up to three (3) persons.
** Participants cannot participate in more than one team.
** No changes in team composition is permitted once the idea is submitted.
** Participants should adhere to the timelines specified on the website.
** No changes in ideas can be made once the idea is submitted.
** By participating, the participant agrees to the decisions of the judges, whose decisions are final and binding in all respects.
** Ideas submitted should belong to only engineering solutions space.
** A college can send any number of applications/teams with distinctly separate individuals as members.
** Fully completed application forms will enable the award selection towards an easier review and increase your/team’s chances of getting selected.
** Nominated candidates may be contacted for additional supporting information.
** Note that if you are registering online, you must complete the on-line application in one session; it cannot be saved and re-started as you go through the process. Please go through the form and note down the information required, particularly the unique application number generated while uploading the file.
** Start filling the application after gathering all the required information. For online registration, the entire files should be uploaded in the form of Pdf/zip file.
** Students sending offline applications should attach their write ups along with the application forms in A4 size sheets and post it to the address of the college mentioned in the website/ pamphlet.
Qualifying criteria :
** The participant must be a fresh engineering graduate who has completed his/her degree or a final year engineering student.
** The participant must attach (to the zip file in case of online application or to the application as an attachment in case of offline application) a photocopy of a bonafide issued by the Head of the Department/Institution stating that the participant belongs to the Institution and mentioning the year in which the participant is currently studying. The bona-fide must contain the seal of the Institution issuing it and the signature of the Head of Department/Institution.
Format :
** The contest is open to all engineering colleges across the country.
** It will be held in 2 stages – Prelims and Finals. In the Preliminary round students from all engineering colleges across the country will be allowed to participate in teams of up to 3 members per team. Each team will submit the Micro business plan proposal in the form of a write- up to the evaluation panel (as part of the application form).
General Rules :
1. The competition is open to students of all the engineering colleges in India (fresh engineering graduates who have completed their degree and final year students)
2. From the entries submitted by the students, top 20 winners will be selected by the jury. No prototype is needed to be created at this stage. The winning entries will have the opportunity to be incubated at IIT Jodhpur.
3. Students from all engineering colleges across the country will be allowed to participate in teams of 3 members (at maximum) per team.
Submission Details :
Guidelines for submitting the Micro-business plan are listed below :
1. Executive summary
2. Business vision, mission and goal
3. Product/service description
4. Assumptions (including market & competition analysis)
5. Sketches & drawings of the prototype
6. Strategic plan
7. Business process (operating plan)
8. Organizational structure (including results management)
9. Financial aspects, plan (if your product/service exceeds the IITJ seed money, then what will be your financial plan for the exceeding amount, including cash flows)
10. Immediate action plan (3 – 6 months)
11. Revenue generation
12. Identify sources of revenue
13. Financial & technology sustainability of the business model (acceptability – wise)
14. Prototype or proof of concept
15. SWOT analysis (Strengths, weakness, opportunities and threat analysis of your product)
16. Man power requirement for your product with justification
17. Budget details with justification
18. Timelines with justification
19. Does your idea/product have potential to impact minimum one million people after commercialization- If yes, what is the model you will follow to achieve the same-
20. Networking
21. Commercialization plan
Last Date :
The deadline for the submission of micro business plan is 15th December 2013
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