Vincenza is an International Business Plan Competition that provides a platform to budding entrepreneurs to turn their ideas into reality.

OBJECTIVE

  • To provide a meaningful learning experience for participants who are interested in pursuing an entrepreneurial opportunity at some point in their careers
  • To provide an opportunity to participants to compete on a national level and get their business plans validated by experts from industry, academia and venture capitalists and other funding agencies.

BENEFITS

  • Attractive cash prizes worth Rs. 80,000 and Goodies
  • Annual associate membership from The Indus Entrepreneurs to the winners of Vincenza
  • One year of mentoring support from The Indus Entrepreneurs to the winners of Vincenza
  • Interact with venture capitalists and academicians who support and nurture new ventures
  • Travel allowances for the finalists will be provided by Vincenza

ELIGIBILITY:

  • Students and Working Professionals from all over the world can participate.
  • Entries may be by an individual or by team of individuals.

RULES:

  • Participants will have to register on www.dare2compete.com and proceed to the Submission of Executive Summary, which is to be sent at vincenza.delphique@gmail.com.
  • Executive Summary should be made either in the form of PPT (Maximum 4 slides) or word doc (Maximum 3 pages)
    One can also send any supporting document or video to increase the quality of submission
  • An individual or the team of individuals can participate but maximum members in a team can be 5
  • It must be noted that the last submission would be considered as the final submission for the team
  • One contestant can send more than one Business Plan. But, you will have to register separately for each B-Plan that you/your team submit
  • Entries need to have an innovative value (An innovative concept provides a solution for a new need, or offers a new way of fulfilling an existing need. The concept makes a clear advancement compared to existing products, services or technologies)
  • Contestants if not in consent with a university or institute must be the intellectual owners of the concept. The knowledge and/or the essential quality of the company that will be started up must have the consent of the owner(s) for the exploitation of the concept.
  • Entries submitted after the deadlines will not be considered.
  • The judges, mentors and the organizers will take the utmost care in handling the entries, and will guarantee the utmost confidentiality.
  • Contestants must agree to accept that their registration form and other entries will not be returned to them, and accept that their personal data will be available for statistical purposes.
  • Entries remain the property of the legal owner.

EVALUATION:

  • Clarity of Purpose and Structure and Completeness
  • Uniqueness of the idea/ solution
  • Advantages of the proposed solution over the ones available at present

Financial Sustainability and Profitability

  • Is the business idea sustainable?
  • Investment and other resources required
  • Capability of the Team and Strategic Partners
  • Social Impact Opportunity

Marketability

  • Market Opportunity, Innovation
  • Industry Analysis
  • Management Team, Summary Financials
  • Marketing Strategy and Operations