TELOS 2021
Annual Online TechFest of MYWBUT
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WHIZ-BIZZ | Business Plan Contest
WHIZ-BIZZ is an Business Idea / Plan Contest, which is not only a competition, but an event that will wake up the ENTREPRENEUR, the tycoon; INSIDE YOU! |
Event Details
- The event will be of only one stage - EXECUTIVE SUMMARY (ABSTRACT) Submission (during Event period).
- Each team can comprise of maximum FIVE participants.
- A Team can have members from different streams and from different Colleges.
- No individual member can be a part of more than one team at the same time.
- One Team can upload only one Business Plan.
- Participants can also include students who passed out in year 2020 who have started business last year and not received funding.
Event Format
- EXECUTIVE SUMMARY (ABSTRACT) Submission
- This round is the submission round and is completely online.
- Teams are required to submit the Executive Summary of their business plans between 5th JUNE, 2021 (10.00 AM) to 7th JUNE, 2021 (11.00 PM) in .ppt or .pptx or .pdf or .doc or .docx format.
- The Executive Summary must cover the following aspects in brief
- Introduction
- Brief Idea
- Innovation aspect
- Technology Aspect
- Product/Services Description
- Market Assessment
- Preliminary Study of Present Scenario and competitors
- Market Size
- Commercialization Strategy
- Economic Viability of Business Model
- Feasibility
- Profitability
- Projected cash Flow and balance sheet for 3 years (optional)
- The Executive Summary can be maximum 6 - 10 pages long.
Prizes (per Business Plan, not Individual)
- 1st Rank - Rs. 1000
- 2nd Rank - Rs. 750
- 3rd Rank - Rs. 500
- 4th Rank - Rs. 300
- 5th Rank - Rs. 200
- 6th Rank - Rs. 100
- 7th Rank - Rs. 100
- 8th Rank - Rs. 100
- 9th Rank - Rs. 100
- 10th Rank - Rs. 100