GNLU Legal Incubation Council organizes 5th National B Plan Competition Exuberance 2022
GUIDELINES OF THE COMPETITION
- Entries will be judged on the basis of submitted business plan proposals.
- Business plan can be submitted by an individual or team comprising of a maximum of 3 team members.
- Top 10 selected business plan proposers (individual/team) will be invited for presentation.
- Business Plan to be submitted as per the format prescribed in Annexure 1
- Each business proposal presenter will get a maximum of 20 minutes for the presentation including question answers.
SUBMISSION GUIDELINES
- Detailed business plan in the prescribed format (as per Annexure 1) should be submitted in soft copy latest by 9th January 2022, 11.59 pm in a word document (Max. 10 pages + 3 pages for supporting documents, if any) and Power Point Presentation (Max. 5 slides).
- Submission to be sent to – ecell@gnlu.ac.in
PRIZES
- 1st Position, Cash prize of Rs. 25,000/-, memento & certificate of appreciation.
- 2nd Position, Cash prize of Rs. 15,000/-, memento & certificate of appreciation.
- 3rd Position, Cash prize of Rs. 10,000/-, memento & certificate of appreciation
INCENTIVES
• Exceptional business ideas can get the opportunity to be incubated and mentored under GNLU Incubation Council (GLIC).
Participation fee (for each team) :
Rs. 500/-
Pay online at: https://www.onlinesbi.sbi/sbicollect/icollecthome.htm
ANNEXURE – 1 BUSINESS PLAN SUBMISSION FORMAT
- General background
- Introduction
- Profile of the proposer
- Business proposition
- The Business Idea
- Detail about the Product/Service
- The USP of the Product/Service
- Marketing strategy
- The market segmentation or target market
- The positioning strategy
- Estimated size and value of the target market
- The competitive landscape
- Differentiation Strategy
- Execution plan
- Implementation Roadmap (detail flowchart of activities with time line)
- The financial requirements
- Snapshot of Projected Financial Statements for 5 years (Profit & Loss Account, Balance Sheet and Cash Flow Statement)
- Milestones to Achieve
- SWOC Analysis
- Strengths – Weaknesses
- Opportunities – Challenges
- Risk mitigation strategy
Rules of the Competition
- Competition is open for all types of business ideas.
- An individual or a team comprising of maximum three members can participate.
- A person can be a member of only one team.
- A plan must be an original creation of the participants. Any form of plagiarism will amount to disqualification from the competition.
- The plan must not be under consideration for financing before any other institution or must not have been submitted to any other competition.
- Any deviation from the above mentioned rules shall render disqualification for the team.
- Business plan should be submitted at ecell@gnlu.ac.in in word document along with a power-point presentation including all necessary contents as mentioned in Annexure I.
- Submission in any other mode shall not be entertained.
- Time line shall be strictly adhered to.
- The decision of the jury shall be final.
Who can participate?
• Any individual or team can participate.
Process of Participation
The participants should e-mail the business plan & register form provided link latest by January 9th, 2022, 11: 59 pm in the word document along with a power-point presentation including all necessary contents as mentioned in Annexure I. Submission should be e-mailed to ecell@gnlu.ac.in within the timeline. The top ten business plans adjudged by the jury will be invited for presentation at GNLU.
For more details, contact
Shrey Kapoor
Teaching and Research Associate,
Gujarat National law University,
Mob. +91 8920613227
Email : ecell@gnlu.ac.in
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