Tuesday, November 22, 2011

GENESIS 2012 IIT Madras

GENESIS 2012 IIT MADRAS

Organized by:
C-Tides, Entrepreneurship cell of IIT Madras

For more details:
http://genesis.iitm.ac.in/
   
Deadline for the submission executive summary:
12 Dec 2011


Description:

Genesis is the Annual Business Plan Competition on Social Entrepreneurship conducted by C-TIDES, the entrepreneurship cell of IIT Madras.Being Asia’s Largest Social B- plan competition, Genesis has been recognized in a study by Georgetown University as one of the premier social B-Plan competitions in the world for its reach as well as the ideas generated out of the exercise. The underlying theme of Genesis is about "initiating innovations" that combine enterprise with social responsibility.

Genesis has been proven as an elite platform for early stage entrepreneurs. For instance, Genesis-2008 entry involved a commercial production of biodegradable packaging materials using wild grass that went on to be funded by the Govt. of Andhra Pradesh and World Bank deserves special mention here. Other entries like Aquaregia (Water-Purification Solution) from Genesis 2011 have won various other B-plan contests following their experience at Genesis. "

Competition Details:

    * The B-plan Competition spans over a period of 6 months.
    * The process starts with short listing of 100s of executive summaries received in Phase-I of Genesis.
    * Entries cover teams for elite colleges across pan india like IITs, IIMs,NITs BITS etc.
    * These have been few entries from teams from international colleges like Stanford, UC Berkeley etc. in the past.
    * The next phase involves framing of a initial draft of B-plan for the shortlisted candidates.
    * The finalists are provided with 2-3 months extensive mentoring session by mentors comprising of entrepreneurs, VCs, industrial experts etc.,to groom their entrepreneurial skills and assist finalists to frame their final B-plan.
    * Finals of the competition are organized at Genesis Summit, where finalist get an opportunity to interact with VCs in a pitching session, to add a final touch to their business plan framework and future moves.
    * Send your exicutive summary to genesis@c-tides.org

Important Dates:


Call for Executive Summaries: 2nd Week,December,2011
Genesis Press Conference: 3rd Week, December, 2011
End of Executive Summaries: 2nd Week- January, 2012
Genesis Workshop Series & Press Release : 3nd Week- January, 2012
First Shortlist Release: 3rd Week- January, 2012
First B-Plan Draft Submission(Deadline): 2nd Week -February, 2012
Release of Second Shortlist: 3rd Week -February, 2012
Start of Mentor ship: 4th Week- February, 2012
Genesis Finals: 3rd Week- April, 2012

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