There will be 20 flashcards each containing individual theme (e.g. Blockchain, Virtual Reality, etc.)
Each team would pick 4 of such 20 flashcards at random. Using one of the four flashcards, each team is required to ideate an innovative business venture idea on the selected theme. Each team will have a maximum of 30 mins for the same.
Next, each team will get 2 minutes (hard-stop) to pitch their idea before the judges (who will act as investors).
The pitch can be as creative as possible but should necessarily cover: the problem being addressed, proposed solution/product, target customers, competitive advantage, and revenue model.
A panel of 2-3 judges will evaluate the pitch on:
The uniqueness of the idea
Technical Viability & Maturity
Business Feasibility, Scalability, and Sustainability
The event is open to anyone above the age of 15.
A team can have a minimum of 2 and a maximum of 3 members. Members need not be from the same organization.
A maximum of 25 teams is allowed. The teams would be selected on a first-come-first serve basis on the day of the event.
The order of pitch would be decided at random.
No props are allowed during the pitch
Round-trip tickets to Singapore to attend the International Startup Enrichment Tour in June 2020 for Winner and First Runner-Up Rs.10000