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Students of the Indian Institute of Management, Ahmedabad ( IIM-A) have launched a business plan competition- “Masterplan” -as part of “Confluence”, its annual business summit.
The business plan contest seeks to identify mavericks, who dare to think unconventionally and help them in launching seminal ventures. Masterplan builds upon the summit’s current theme, ‘Changing winds: New Paradigms of Leadership’ and focuses on the saying that recessionary periods are the best time to start your own venture.
Masterplan has thrown its doors open to all for participation to solicit a wide range of ideas. Teams can comprise of business school students, undergraduate students, corporate professionals and other independent individuals. Business plans would be assessed on various parameters like ingenuity of the underlying approach, understanding of existing market landscape and growth trajectory for the business. Participants have no restrictions over the choice of topic for their business idea.
Masterplan has turned to Nurture Talent Academy as its official knowledge partner for mentoring. The academy would help the participants address the shortcomings in their B-plans and make their plans more potent. A select set of teams would be invited to IIMA campus during Confluence, where they would get an opportunity to present their ideas to a panel of judges compromising of industry stalwarts, venture capitalists and angel investors. Prize money for the Masterplan competition is Rs 1.5 lakhs.
Collect more details from the official website of MasterPlan 2012 at Confluence 2012