The 2011 edition of Empresario, the annual Business-Plan competition of IIT, Kharagpur is now underway. Organised by the Entrepreneurship Cell of IIT Kharagpur, the competition is open to participants from across the globe under the various heads of social, product-based and service-based entries, from any category under the sun – all that a team needs to participate in Empresario is an idea!
The event consists of three stages – preliminary submission, shortlisting and mentoring, and a final presentation before a panel of judges. Teams shortlisted subsequent to the preliminary submission are helped through to develop their idea into a full-fledged Business Plan. Enormously valuable mentorship will be provided to the shortlisted teams from a mentor team that has an impeccable depth. The mentor team has quite a few distinguished people from various business fields in order to help the teams to start-up. Keeping in line with the need of the hour, the Social Sector entries will be judged separately, based on different parameters than entries under other categories.
The final few teams get a golden opportunity to pitch their ideas in front of some of India’s leading VCs and angel investors, during the Global Entrepreneurship Summit 2012, to be held at IIT Kharagpur. Winning is not all, in Empresario. A total of 1.8Crore is at stakein the form of prize money as well as funding opportunities from various organisations such as TePP, TIETS and MSME. A rare opportunity to work with eminent personnel from some of the leading organisations of India is, in itself a huge motivation for engineering students to poke their heads in to the event. India eagerly awaits a brilliant spark from its young engineers as the prestigious competition unfolds over the next five months or so. The questionnaire for preliminary submission can be found at Submission Details. To know more about Empresario, log on to www.ecell-iitkgp.org.
As further effort to promote entrepreneurship across India, E-Cell IIT Kharagpur, every year undertakes the responsibility of organising a mammoth nation-wide initiative known as theEntreprneurship Awareness Drive (EAD). This consists of a series of Guest Lectures, workshops and mentoring sessions in major cities across India. EAD 2011, from October 4 to 23 will see us cover a total of 20 cities. The speakers include the likes of Dr.Kiran Mazumdar Shaw, Chairman & Managing Director of Biocon Limited, Mr.Pradip Shah at EAD Mumbai – Director Patni Computer Systems etc. To know about the EAD closest to you, visit ead.ecell-iitkgp.org.
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