"The air is full of ideas. They are knocking you in the head all the time. You only have to know what you want, then forget it, and go about your business. Suddenly, the idea will come through. It was there all the time."
-Henry Ford
It was this perception of business that laid the foundation of world's largest automaker and revolutionized the way human civilization moves. Revering this very attitude,innovation and courage, and to lay the foundation of yet another Ford, Google or Sony, Literati'10 brings to you ACE VENTURA, intended to cultivate, sharpen your entrepreneurship skills and to bring out the hidden entrepreneur in you
Hailing Tatas, Birlas, Ambanis of the next generation, calling all those with an idea in their mind, passion to succumb to it and valor to make it big. If you have got the endowment and appetite to rise above the sky, then ACE VENTURA is the right platform to realize your dreams.
So do not wait around, think of an idea... and who knows this might just turn out to be your first step to being the richest person on planet.
ROUND 1 - SUBMISSION OF EXECUTIVE SUMMARY
An executive summary of not more than 2000 words to be submitted online which must necessarily include :
a. The Idea and its USP
b. Analysis of the Market – competitors, competitive edges, target market, marketing strategy
c. Financial Details – break even analysis, capital cost
d. Infrastructure and workforce requirements
e. The Exit Plan
Format specifications: Times New Roman, Size 12, single line spacing
The entries must be in *.doc format
All entries to be mailed to aceventura.literati10@gmail.com, with subject 'Ace Ventura'.
On the basis of the executive summaries, the top 10 teams will be short listed for round
2. Last date for submission of executive summaries is 20th January, 2010,2359 hrs.
ROUND 2 - PRESENTATION OF B- PLAN
The presentation should be in power point in *.ppt format.
Each team will be given 10 minutes to present their plan followed by a 2 minute interaction with judges and the audience.
Teams are also required to prepare a detailed report.
Teams may be penalized for exceeding presentation limit.
Presentation and Report must include above mentioned points
Please note that the decision of the judges and the organizers will be final and binding. Your B – Plan should represent your original work, plagiarism is highly discouraged.
Your report should be written in your own words.
1. Teams of upto four members are allowed.
2. B-plans contributing to the society will be given preference. Please note a clarification on this rule: The entries that take the society into consideration will be awarded extra credits. It is not necessary that your plan covers this aspect.
3.Any innovative ideas used in the presentation will be given extra points.
4. A contestant can submit more than one business plan. He/she, however, will have to register separately for each plan that he/she or his/her team submits.
5.Contestants are advised to ensure that their idea has NOT been already implemented in any part of the world.
For Details, contact
Sameer Doda
9996396166
