The document provides information about the "Bzzwings: B-Plan" competition to be held at the Vista 2012 International Business Festival at IIM Bangalore from September 28-30. The competition invites student teams to submit business plans, with a first prize of Rs. 30,000. Teams will submit executive summaries by September 14 and final plans by September 26, which will be presented to judges. Shortlisted teams will receive mentorship and travel reimbursement to present their plans at the festival.
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Bzzwings B-Plan Competition at Vista 2012
1. Bzzwings: B-Plan
Challenge Convention
Transform Tomorrow
Vista 2012: September 28-30
International Business Festival
http://www.iimb-
vista.com/2012/index.php/flagship/bzzwings
/bzzwings-bplan.html
First Prize : Rs. 30,000/-
Seed funding upto Rs. 5 crores
2. VISTA 2012
Bzzwings: B-Plan
IIM Bangalore
Rules
• The event is open only to students who have not yet started a venture
• A team can consist of maximum 3 members.
• Teams can consist of members from different institutes as well
• A team can not submit more than one business plan. Also, a member can be
part of only one team.
• This event would clash with Bzzwings: Start-ups and sending entries to both
would lead to elimination of the team.
Deadline Contact persons First Prize : Rs. 30,000/-
(Time - 09:59:59 PM) Shilpa Suresh : +91 72594 93290
Monika Tanwar : +91 88841 00228
14th September, 2012 Ramanjit Anand : +91 88841 00286
www.iimb-vista.com
3. VISTA 2012
Bzzwings: B-Plan
IIM Bangalore
Format
Pre-Vista Prelims:
•Participants are required to email a soft copy of their executive
summary as specified in the submission details section.
ROUND 1
•The word limit for executive summary is 1500 words
•This is an elimination round and 5 teams will be shortlisted for
the finals.
Finals:
•Shortlisted teams will be provided access to a mentor. The
mentors will help the teams in the process of fine-tuning the
business plan.
ROUND 2 •The final business plan needs to be submitted by 11:59:59 PM,
September 26, 2012.
•The shortlisted teams would present their plan to an elite panel
of judges during Vista.
•This will be followed by Q&As.
www.iimb-vista.com
4. VISTA 2012
Bzzwings: B-Plan
IIM Bangalore
Submission details
Submission to be
bzzwings.bplan@iimb-vista.com
sent to
Submissions to be
14h September, (Time 09:59:59 PM)
sent before
Subject line Bzzwings_BPlan_Team Leader email
Submission format PDF, doc, docx
File name Bzzwings_BPlan_Team Leader email
Details to be Name, contact number, institute of each participant, Soft
included in the copies should be typed with 1.5 line spacing and font Times
document New Roman, size 12
www.iimb-vista.com
5. VISTA 2012
Executive Summary
IIM Bangalore
The executive summary should ideally give only the key points
regarding: (applicable for both)
• Summary of the idea
• Core team members and their functionality
• Customer perspectives: Need-gap/Customer-pain areas
• Market size
• Value proposition
• Product/Service details
• Revenue model and pricing
• Sales and distribution model
• Key competition
• Financials
www.iimb-vista.com
6. VISTA 2012
Reimbursement policy
IIM Bangalore
• All participants called to campus for Bzzwings finals shall be reimbursed the
travel fare.
• The reimbursement will be for the shortest route between the traveling
members' institute and Bangalore. Team members are required to present a
copy of their tickets for reimbursements. In case of a flight
journey, reimbursements will be made only on producing original boarding
passes.
• Reimbursements will be capped at Rs. 2500 (to and fro) for distance less than
700 km (one way distance) and Rs. 5000 (to and fro) for distance greater than
that. In case the actual fare is less than the above mentioned amount, only
the actual fare as mentioned in the tickets will be reimbursed.
www.iimb-vista.com