About This Competition
All that you need to know about BzzWings 2024: Flagship B-Plan Competition
The 21st century is the century of ideas and their fruition, taking our society and industry to greater heights. Does your idea have what it takes to be the next big thing that could shape the future of business? If yes, then we have the platform for you to launch yourself and get started on your path to glory and success.
Entrepreneurship and Innovation Cell (ENI), IIM Bangalore in association with NSRCEL brings to you Bzzwings, one of the largest B-Plan competitions of the year as part of Eximius 2024. Bzzwings has a rich legacy with many of its participant startups having been extremely successful in the past few years.
Rules & Guidelines
- Up to 3 members from a startup venture can represent their team at Bzzwings
- A member can be part of only one team
- A team cannot submit more than one business plan (in the prescribed template only)
- This competition is open to early-age ventures and/or to students (undergraduate or postgraduate) interested in pursuing entrepreneurship
- The decision to shortlist the teams for the next stage will be taken by the judges from NSRCEL and will include a wide variety of parameters like the novelty of the idea, the problem it is solving, revenue prospects of the idea, scalability prospects, proven customer traction (if any) among many other
- The judges have been part of the startup ecosystem for several years and understand it in and out
- Their decisions with regard to shortlists for the next round would be binding on all the participants
Rewards & Benefits
Prizes and incubation opportunities worth 3 lakh
Eligibility Criteria
- The eligibility criteria below apply to all business plans entering the contest
- Startups applying should not have received venture capital financing for their business plan However, early-age startups that have received seed financing from non-venture capital sources such as Angel Investors totaling less than INR 50 lakhs are eligible
- They must provide details of such funding at the time of entering the contest
- If the business or enterprise has already started up, it must have been in business for less than 3 years as of May 1, 2024
- Ventures at an ideation stage may also apply. However, in an event, where the judges might like two or more ideas equally, teams that have validation in terms of customer traction, etc. will receive an advantage to qualify for the next round
Timeline
Registration Deadline: 19 Jun 24, 11:59 PM IST