Friday, February 13, 2015

AN IDEA CAN CHANGE YOUR LIFE

“When you find an idea that you just can’t stop thinking about, that’s probably a good one to pursue”. But then where is the problem? India has an immense pool of talent which goes unrecognized due to lack of latent opportunities. People have great ideas, that are innovative, socially useful and provide solution to problems but they never get realized for the want of investment and other infrastructural requirements. Addressing to this grave issue in its own way, Amity Business School, Amity University, Lucknow, under the caliber aegis of Amity Entrepreneurship Cell presents its Annual event “THE ELEVATOR PITCH, 2015 for budding entrepreneurs by nurturing their business ideas from start-up to growth. The Event is a sequel to “Fostering Entrepreneurship”, providing the participants an opportunity to the young entrepreneurs to realize their dreams as we believe that budding entrepreneurs of today would go on to become stalwarts of Industry tomorrow. The event flows through various phases starting from Idea Screening, Idea Revision, Final Screening of Business Plan and ending with making the Elevator Pitch (Final Business Plan Presentation) to the panel of judges comprising of prudent experts from industry and academia.

SIDBI is the Sponsoring Partner for the event, along with Hindustan Times as Media Partner and Venture Nursery as Acceleration Partner - India’s first angel-backed start-up accelerator, will include the finalists for VN Boot Camps and funding possibilities between 25-75 lacs. So if you have a bright idea, we would ensure that it moves from mere concept to market by providing infrastructural requirements followed by mentoring by a group of distinguished professionals to meeting a venture capitalist for final funding of your proposed concept.

We at Amity believe in nurturing young talent and in tune with this philosophy, we are once again providing this exciting platform ‘Elevator Pitch’ to young ambitious people of India who aspires to make to the top and have the fire in them.

THE ELEVATOR PITCH-

The Elevator Pitch was rolled out in the below mentioned phases:

Phase 1: Idea Screening:  A brief synopsis of Business Proposal was prepared which expressed: The Idea, Intended customers and Markets and uniqueness of the idea.

Phase 2: Idea Revision: Shortlisted candidates were to prepare an Elevator Pitch, and submit to the organizers. The templates were emailed to respective candidates.

Phase 3: Final Screening of Business Plan: Shortlisted candidates had put forward their elevator pitch telephonically to the designated experts and advised accordingly.

Phase 4: The Final Business Plan: The shortlisted participants are invited to the Amity University Campus to present and discuss their Elevator Pitch with successful entrepreneurs, internationally leading mentors on startups and venture capitalists.

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