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Business plan-competition
1. SRLIM-SGPC JOINTLY ORGANISES
CHAMPION OF CHAMPIONS
A BUSINESS PLAN COMPETITION
On
27th September 2014
At: TIFA-CORE, Athwalines, Surat
(8.30am - 5.00pm)
About SRLIM:
Sarvajanik Education Society, a premier educational society established in 1912, has under its
care 38 Institutions imparting quality and economical education to 35,000 students. Under its
flagship it governs one of the prominent Self-Finance Management Institute – S.R. Luthra
Institute of Management (SRLIM). SRLIM is a renowned management Institute in the region,
providing quality management education through a 2-year full time MBA Programme. SRLIM is
currently affiliated to Gujarat Technological University, Ahmedabad, and has the intake of 240
students.
About SGPC:
South Gujarat Productivity Council is an organization to promote productivity culture in South
Gujarat region, established in the year 1992 with full support of the Southern Gujarat Chamber
of Commerce and Industry, Surat. SGPC is affiliated to National Productivity Council under the
Ministry of Commerce and Industry, Govt. of India. It is an autonomous tripartite, non-profit
organization with representation from Government, employers’ and employee’s organizations,
apart from technical and professional institutions on its Governing Body besides, providing
training, consultancy and undertakes research in the area of productivity.
2. About the Business Plan Competition
Not just ideas - The SRLIM-SGPC CHAMPION OF CHAMPIONS Business Plan Competition
(CCBPC) is a comprehensive platform that helps student entrepreneurs and their teams develop
and launch their businesses, and providing a network for brainstorming, feedback, and future
business opportunities.
Objectives:
To encourage Innovation.
To create structure and process for the Business Plan Competitions for leading academic
institutions across the state so that the Innovative ideas born through these competitions
are taken forward to become real businesses.
To create a platform where any individual or team can post their innovative ideas and
seek mentoring, access to incubation and angel funds to help them create a real business.
Judging Criteria:
A panel of experts from academic, industry, business and investment groups would shortlist the
proposals submitted for the preliminary round and decide the final list of participants for
workshop and further mentoring. Some of the evaluation criterion that the Judges normally
consider while looking into a Business Plan are:
Financial Projections (Copy book style)
Market potential and sizing in numbers
Business viability and feasibility
Quality of product(s) and/or solution(s)
Quality of Team work
Market opportunities and competition
New concepts and innovativeness of the proposal
Areas of application of the proposed business
Potential of the proposal to improve and impact the quality of life
Most elegant design for a challenging problem
Presentation skills and slide management
Agenda:
08.00 am to 08.30 am : Registration at the SRLIM premises.
08.30 am to 10.30 am : First round of Business Plan Presentations at SRLIM Premises.
10.30 am to 11.00 am : Break for High Tea at TIFA-CORE, Next to SCET, Surat
11.00 am to 12.30 pm : Inaugural Function and announcement of finalist for final round
12.30 pm to 01.30 pm : Lunch Break
01.30 pm to 04.30 pm : Final Round of Business Plan Presentations
04.30 pm to 05.00 pm : Valedictory Session
3. Sample Business Plan and Guidelines for the Participants
Select any one area from any one industry
Textile
Agriculture and allied Industry
Diamond and jewellery
Information Technology
E-Commerce
Engineering
Retail
Biotechnology
Hospitality
Healthcare
Franchise
Education
Any Other Industry of your choice
Important Note: All Business Plans have to be compulsorily IT enabled models.
Sample Business Plan Format
The following format should provide a good overview. However, there is no compulsion for you
to use the same format.
1. Business
Company’s business (A description short enough to fit on a business card is great)
Mission statement (What problems does your company seek to solve?)
2. Products
Product (or Service) description
Development schedule (What stage are you in?)
Price point (What would typical pricing for your product or service be?)
3. Market
Customers (what kind of customers would your product or service appeal to?)
Historic and projected sizes (of your market)
Product match to market definition (How does your product appeal to your customer?)
4. Distribution
Sales channels (Will you sell direct? Partnerships? Franchises?)
Partnerships (What sort of sales partnerships would you need, if any?)
5. Competition
Competitors (Who are your direct and indirect competitors?)
Competitive advantages (Why is your product or service better?)
4. 6. Team
Background of management (Include the education and experience that each person has)
Board composition (Who are the members of your board? Advisors? Give details)
7. Financials (include as many as you can of the following)
Historic (if existing company) and projected Profit & Loss
Projected cash flow
Current balance sheet
Projected head count by functional area (R&D, sales, marketing, G&A)
8. Deal (If you are seeking to raise money)
Amount sought
Valuation asked
Use of proceeds
What shouldn't be there in a B-plan
Too much detail too early: Typically startups
don't have all the information that can
constitute a proper plan, so keep it crisp. Some
accelerators expect only a one page note with
10 points for early-stage companies.
Exaggerate the opportunity: Hype may
downgrade your start-up in the eyes of
investors. Such plans, even when presented to
multiple investors, do not draw a response.
Set over-ambitious goals: Entrepreneurs have
a tendency to make their projections too
optimistic. Do not put long-term milestones—
18-month to two-year projections are enough.
Ignore competition: It is vital to be aware of
current and potential competitors. List all
possible rivals and show how you are better or
different.
Formatting Errors: Business plans must not
be too detailed and unwieldy. Do not make
errors—in spelling, grammar or in calculations.
Jargon and acronyms should be avoided.
What should be there in a B-plan
Define Customer Need: Investors may be
unfamiliar with the market a startup is focusing
on, so explain assumptions. Try to use pictorial
representations and diagrams.
Highlight Team Strengths: Communicate how
many people you need and state how much they
will cost.
Correlate spending with earning: In the
finance plan, add milestones and projections for
a maximum of two years. Founders may make
the mistake of projecting revenue of ₹ 100
crore when the market is only ₹ 200 crore.
Provide clarity: If you need ₹ 10 million, say
why, how you will spend it and what returns an
investor can expect.
Pay attention to details: Presentation matters,
especially in contests where a team gets limited
time to present a plan. Some perform a skit;
others begin with startling statistics or show an
interesting video.
Some Cool Formats for biz plans
Mind Map: The plan is pictorially shown with branches leading out of a single idea. They depict
various categories -customer, market and financial data.
Mobile App: A plan embedded within a digital app allows viewers to click on topics that they want to
explore.
Comic Strip: Cartoons with thought bubbles can replace 'boring' text in power point presentations.
Animation Movie: Similar to a play, an animated video can simulate the various aspects of a business.
Drama/Skit: The founders act out the concept of their business in the form of a play, showing the
problem they are trying to solve and the beneficiaries.
5. Guidelines:
Maximum 3 teams per college can participate.
No. of team members should not be less than 2 and more than 4.
Each team has to select only one area under any one industry. (for e.g. Printing and
Embroidery unit in Textile Industry)
Plan should include all the components mentioned here.
In the preliminary round, all teams will be required to make a presentation of 15 minutes
each. Out of all the presentations, best 5 teams will be selected for final round of
presentation.
In the final round 30 minutes will be given, which consists of 20 minutes for presentation
and 10 minutes for question answer session.
It is desired that instead of putting long paragraphs, only bullet points should be stated.
Reading of slides should be avoided.
Best three business plans will be awarded first, second and third prize.
Each team will have to pay ₹ 500 at the time of registration. Payment can be made
through DD in favour of “S. R. Luthra Institute of Management” payable at Surat. You
can also pay cash or directly deposit money to Surat People’s Co-Operative Bank
Nanpura Branch; Account No. 104081150099, IFSC code: SPCB0251008.
All entries must reach us along with the fee latest by 10h September, 2014. Registration
form can be downloaded from our website www.srlimba.org.
All the participants are eligible for certificate of participation provided they remain
present till the valedictory function.
All the teams have to prepare a synopsis in soft and one hard copy, which should not be
more than 1000 words and must reach us by 10th September, 2014.
All the teams have to prepare a full and final business plan in soft and one hard copy,
which should not be more than 4000 words and must reach us by 15th September 2014.
Teams can submit soft and hard copies of synopsis and business plan at the address
mentioned below.
For any further queries please contact:-
Mr. Riddhish Joshi @ 9825504599 Mr. Avnish Hirpara @ 9898991388
(riddhish.joshi@srlimba.org ) (sgpc.india@gmail.com)
Dr. Vijayendra Gupta @ 7874650142
(vijayendra.gupta@srlimba.org)
S. R. Luthra Institute of Management South Gujarat Productivity Council
M.T.B. College Compound, B-303, Tirupati Plaza, Near Collectorate,
Near Adarsh Society, Athwalines, Surat. Nanpura, Surat.
Tele : 0261- 2240 103/2240 129 Tele : 261-2463399/9898991388
Website : www.srlimba.org Website : sgpcsurat.com
E-mail : contact@srlimba.org E-mail : sgpc.india@gmail.com
6. REGISTRATION FORM
CHAMPION OF CHAMPIONS A BUSINESS PLAN COMPETITION
JOINTLY ORGANISED BY
SRLIM-SGPC
on
27th September, 2014
Name of the College :
______________________________________________________________________________
Department/Course :
______________________________________________________________________________
Name and Contact Number of Co-ordinating faculty :
____________________________________________ ________________
Participants details :
Name Contact No. E-mail Address
1.________________________________ _________________ _____________________
2.________________________________ _________________ _____________________
3.________________________________ _________________ _____________________
4._______________________________ _________________ _____________________
Details of registration fee payment :
Cash
Demand draft/ECS details
Date : _______Bank Name & branch : _______________DD/ECS No.:__________
_______________________________
Stamp and Sign of HOD
Important Dates :
Last date of Registration : 10th Sep, 2014
Last date of submitting Synopsis : 10th Sep, 2014
Last date of submitting Business Plan : 15th Sep, 2014
Contact Details :
Mr. Riddhish Joshi : 9825504599, Dr. Vijayendra Gupta : 7874650142, Mr. Avnish Hirpara : 9898991388