TiE presents Idea2Enterprise(i2E), the largest business plan contest for students in India

Oct. 3, 2010 - PRLog -- As one of the major pre-TiE Entrepreneurial Summit (TES 2010) initiatives, TiE Delhi is launching idea2Enterprise (i2E), the largest b-plan competition for the student community in India. The aim is to provide students and recent graduates a platform to take their ideas to the next level and look at entrepreneurship as a viable career option.

idea2Enterprise (i2E) is a national level initiative which will involve various stakeholders such as universities, educational institutes, student communities (graduate + post graduate) and young professionals (up to 1 year after graduation) and leading investors.

Objectives
To develop the next generation of entrepreneurs - Job creators instead of job seekers
To educate students in the process of creating a business plan – enhance their skills in analyzing, writing, and presenting business plans. Giving students an opportunity to give shape to their ideas and put them into action
Engage students to learn about the new venture creation process through their team's efforts, their work with mentors, and their presentations to the judges and leading investors
Generate 2000 new ideas from across India – to become largest & the most prestigious b-plan competition for students
Pick the 100 most promising business ventures/ideas of the total pool of ideas generated
The payoff for the winners will be the learning derived by going through the process of creating a b-plan, interaction with investors & mentors and in some cases a potential career option. Top teams will be invited to attend TES 2010 in Delhi from 21st – 23rd Dec 2010.

Key Features

Participants: All university students and recent graduates (up to 1 year after graduation) from all disciplines are eligible to enter. They need to enter in teams (2 or more participants in each team). Each team can only submit 1 (one) idea.

Benefits
• Mentoring & Incubation
• Start-up Capital
• One week boot-camp in ISB-Hyderabad (tbc)
• One year TIE-Delhi-NCR membership
• Opportunity to attend TES 2010 as a delegate

Timeline
•Launch- 10th Sep
•Registration & Executive summary Submission – 31st Oct
•Level 1 Screening: Shortlist of top 30 entries – 10th Nov
•Level 2 Screening: Telephonic Interview & Shortlist of top 10 entries – till 17th Nov
•Mentoring- 18th Nov-18th Dec
•Final Presentation @ TES’10

Students can submit their ideas and participate in the i2E program on the link below
http://www.tiesummit.org/idea2enterprise.asp

About TiE

TiE is the world’s largest not – for – profit organization devoted to the advancement of entrepreneurship with 15000 members in 55 Chapters across 14 countries. TiE helps entrepreneurs leverage opportunities in the global market place. By facilitating ideas to germinate into actual businesses, TiE has helped create wealth, created job creators from job seekers. With 15 Chapters in India, it is the fastest growing geography and an emerging nerve centre of the TiE network.

About TiE Entrepreneurial Summit (TES) 2010

TiE Entrepreneurial Summit (TES) 2010 is TiE’s pan India annual flagship event scheduled from December 21st – 23rd at Siri Fort Auditorium, New Delhi. Titled "Enterprising India – Changing the Nation; Leading the World”, TES is the collaborative effort of 15 Chapters across India, organized and hosted in Delhi.

Enterprising India is a movement across India to showcase and encourage the diverse, dynamic and distinct examples of Enterprising Indians. India escaped the global meltdown unscathed and one of the primary reasons was the entrepreneurial spirit that drives India. The entrepreneurs and SMEs are the real engines of India’s growth and have ensured that India has remained competitive in the global economy. The Summit endeavors to present perspectives on the opportunities & challenges for entrepreneurship through a showcase of entrepreneurial successes and discussions among influencers and decision makers within the entrepreneurial eco-system.
TES 2010 will attract people who are CEO’s, successful entrepreneurs, industry professionals, venture capitalists, investment bankers, policy makers, academicians, service providers, small and medium size entrepreneurs across various sectors from across the world. The event is designed to help create a stronger entrepreneurial ecosystem and accelerate the global economy.

For further information on i2E or TES 2010, please contact Manish Joshi – 9971766455 / manish@tienewdelhi.org

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TiE is the world’s largest not-for-profit organization focused on promoting and fostering entrepreneurship through Mentoring, Networking and Education.