Empresa is the Business Plan competition of … meeting of minds. A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them. It may also contain background information about the organization or team attempting to reach those goals.
The Judge is Dr. Rashida Tahira Noorain who is Head (i/c), School of Management and Entrepreneurship, ARGUCOM.
Competition Information:
• Four member teams.
• Scoring areas – Business Viability, Content of the Business Plan, Presentation.
• Presentation on 22.05.2021 (Friday) Online from 14:00 hrs onwards. 10 minutes for
presentation, 5 minutes for interaction.
• The maximum number of teams that will be shortlisted is six. Only shortlisted teams will need to register for SANMILAN 2020.
• Judges’ decision will be final and binding.
• Entries must be submitted via email to arshadhussain@dibru.ac.in latest by 19:00 hrs on 21st May, 2021. Shortlisted entries will be informed by 08:00 hrs on 22nd May, 2021 about their selection. No changes will be allowed after submission.
Structure of the Business Plan:
The following structure should be used to create the Business Plan.
• Cover Page – This should include the name of the project, your name and contact information.
• Table of Contents (TOC) – Should help readers to easily find what they are looking for.
• Executive Summary – Should be brief and formal.
• Business Description – This should have a high-level overview of the proposed venture.
• Industry Background – Should have historical data as well as current information about the shape, size, trends and key features of the industry.
• Competitive Analysis – Should contain a breakdown of current and prospective rivals.
• Market Analysis – Should contain your assessment of the target customers and their wants, needs, and demographics.
• Management Summary – Should contain a brief of the management team and their roles.
• Operations Plan – Should show the flow of the business’s daily activities and supporting strategies.
• Marketing Plan – Should highlight the strategy for selling the product or service.
• Financial Plan – Should have a synopsis of the current status and future projections of the company’s financial performance.
• Attachments and Milestones – Additional documents that supply more detailed information about elements of the plan.
What to do?
• Create a Business Plan for any feasible business in MS Word format.
• Limit the MS Word File to 20 pages.
Prizes
• Best Team: ₹ 3000/- + Certificates to all group members.
• Second Best Team: ₹ 2000/- + Certificates to all group members.
Copyright
• All competitors will give the organizers the copyright to use the materials submitted for the competition.