TIEGER’08 Business Plan Competetion Structure

TIEGER’08 Business Plan Competetion winning team will be a set of resolute entrepreneurs with a sound plan, who will need to hold their ground steadfastly under tough scrutiny. Success at the final level at TIEGER ’08 would be a definite stamp of validation for him to seek further partners and investors as we would train and expose him enough to face the future, much better prepared and much more confident. And in order to ensure that this prediction goes right, we have made sure that the filtering and selection process we will use in TIEGER ’08 will be rigorous and nothing short of perfect.

Stages of TIEGER’08 Business Plan Competetion:

Launch of the event: November 24th, 2007

Stage 1: Submission of Executive summary with team profile and statement of purpose

Executive Summary Deadline: December 14th, 2007

Announcement of selected plans: December 31st, 2007

Stage 2: A pitch to a panel of investors in Calcutta

Pitch: January 14th'08 (in Calcutta)

Announcement of teams for the Grand Finale: January 16th, 2007

Mentoring:

Mentoring of the final 10 teams: January 16th – January 31st.

Stage 3: Grand Finale – A detailed presentation to a panel of investors

Grand Finale: February 1st, 2008

This nutshell view reveals merely the stages; beware that it might deceive you with its apparent simplicity and depth. Every detail & decimal place will have to be in their exact place, every possible unfavorable scenario will have to be considered, and ensure that you put up your best suit of armor when you are in the firing line of questions. All these are but a few things that are necessary in order to ascertain a victory when you are competing against the best brains from across the country.

Format of Executive Summary

All the entries should reach tieger08@gmail.com by December 14th, 2007.

Subject of Mail : Team Name-Business Category,-Zone
(Eg: XYZ-Consumer Products-South)

Options for Business Category:

IT/ITES/Software Services
Web/Mobile based Applications
Financial/Analytical Services
Other ServicesHardware/Technological
Products-Consumer
Products-Pharmacy/Biotechnology

If you think your business doesn't fit into any of these categories, please put a broad classification of the industry you plan to enter.


Page limit: 4 pages including any tables/figures as well as the sections/questions described below. Entries exceeding this limit would be disqualified.

Please include the following sections and answer the indicative questions in each section. This is the preferred structure of the entry suiting our pattern of evaluation. If you think it's limiting the expression of your ideas, you're free to add more information.

The Context: A Background
The Concept: Product/Service Description
The Market Estimated Current and Potential Market
The RiskPotential Risks/Mitigation Plans
The Money What kind of seed investment are you looking for, what kind of a deal.
The PeopleThe Key people involved (Team Profile)

Pitch Stage

1.The shortlisted teams from the first round will be required to present their business
concept in the city in their respective zone.

2.The shortlisted teams must confirm their participation within two days of receiving the
results of the first stage, or the next best teams shall be included for the presentations.

3.The second round involves a 10 minute pitch to a panel of judges that would include a
representative from Seedfund and representatives from partner organizations.

4. The shortlisted teams from stage 2 will be allotted multiple mentors depending on their industry and investment requirement. Extensive arrangements for online and offline mentoring shall be made besides access to resources to develop the comprehensive business plan according to investor expectations.

Grand Finale Stage Page:

1. The Grand finals are scheduled to be held on Feb 1 in Calcutta.
2. The teams will be required to make a presentation for 20 minutes plus 10 minutes or Q
& A.

Depending on the interest of the jury and investors, there could be separate interactions arranged between the aspiring entrepreneurs and the panel members to share further details and work out a deal if deemed appropriate.