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Navonmesh 2010– The Entrepreneurship Convention , is one of the flagship events of Avenues 2010 , the Annual Business Festival of SJMSOM , IIT Bombay . Prepare business plans for selected TePP innovations. For details of Avenues, http://www.sjmsom-avenues.com/
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In Association with
Navonmesh: The Entrepreneurship Challenge
Presents
B-Plan Challenge – Event Launch
Technopreneur Promotion Programme
AVENUES 2010
Knowledge Partner
Navonmesh 2010: B-Plan Challenge Page 2
Greetings from Team Navonmesh
Navonmesh, the entrepreneurial challenge, aims to breathe in a new life to the spirit of
innovation and enterprise in the country. This event will be a part of Avenues 2010, the annual
business festival of IIT Bombay, conducted by the Shailesh J. Mehta School of Management, IIT
Bombay.
At Navonmesh, our objective is to offer a helping hand to start-ups and sensitise the modern
business school fraternity about the potential and power of their enterprise. We have chosen
TePP innovations/start-ups and are inviting teams to prepare business plans around those start-
ups. You are to look at the TePP Innovations (that would be released to the registered teams),
and draft a concrete strategy to turn the Innovation into a successful, profit making Business
Venture for the TePP Innovator. In doing so, the B-Plan Team must put itself in the shoes of the
Innovator.
Best Regards
On behalf of Shailesh J. Mehta School of Management and Team Navonmesh,
Akshay Dalmia
Mobile +91 99209 50269
Shanthi Yarlagadda
Mobile +91 99601 18885
Parth Damor
Mobile +91 97695 86261
Navonmesh 2010: B-Plan Challenge Page 3
Timelines Registration commences 22th September 2010
Deadline to choose Start-up 28th
September 2010
Allotment of Start-ups 29th
September 2010
Submission of Executive Summary 4rd
October 2010
Release of I Phase Selected Teams 5th
October 2010
Final B-plan Submission 15th
October 2010
23:59:59 Indian Standard Time
Final Results 16th
October 2010
Navonmesh Final Event 23rd
October 2010
General Rules
A team can have a maximum of 3 members who are from the same institute.
Any number of teams can participate from an institute.
Exchange Students can also participate.
One student cannot be part of more than one team.
Registration for Navonmesh involves the following steps:
Register yourself at www.sjmsom-avenues.com
Go through short descriptions of the start-up firms that will be mailed to you subsequent to
your registration by 26th September, end of day.
Each team is required to e-mail us their top 3 start-up preferences in the below format and we
will allot one start-up from these to your team based on the availability.
Team Name, College Name Start-up Rank Start-up Name
First
Second
Third
Send in your entries to the email id [email protected] , keep the subject as
<Navonmesh10>_<TeamName>_<collegeName >
On receiving this registration mail, we will send you a detailed document on the start-up allotted
to you, which will help you in preparing the B-plan
Request for change of Start-up or team structure will not be entertained once it is allotted.
Navonmesh 2010: B-Plan Challenge Page 4
OUR PARTNERS:
Technopreneur Promotion Programme (TePP) is India’s largest network program supporting Independent Innovators. The network with its 30 outreach centres spread across the country provides grants, technical
guidance and mentoring support to independent innovators. The purpose of this support is to enable innovators emerge as entrepreneurs by incubating their ideas and enterprise. Since the time of its inception, over 250 innovations have been supported under TePP. It is positioned as a pre-seed fund for start-ups. Cumulatively, TePP accessed around 7500 ideas, evaluated over 1650 proposals and supported over 240 innovations. TePP pioneered network movement to make the support accessible for all eligible innovators and to add value in screening and monitoring. Modern communication tools are used to get all the stakeholders involved, chief among them are ‘TePP blog’ and the LinkedIn Group, ‘Friends of Indian Innovators’.
SIDBI Venture Capital Limited (SVCL) is a wholly owned subsidiary of
SIDBI, incorporated in July 1999. Current funds managed by SVCL are:
National Venture Fund for Software and Information Technology (NFSIT) - Set up by Small Industries Development Bank of India (SIDBI) in association with Ministry of Information Technology (MIT), Govt. of India during 1999-2000. It is a close ended 10 year fund with a corpus of Rs. 1 billion. The fund is presently in the divestment stage.
SME Growth Fund (SGF) - It is a close ended 8 year fund dedicated to SME sector with a corpus of Rs. 5 billion. The Fund commenced its operations in 2004-2005.The main objective of the fund is to invest in companies at early stage as well as in second round financing for those with a track record of proven technology or business model and opportunities for growth and earnings.
The nonprofit National Entrepreneurship Network was established in 2003 with
a mission to create and support high-growth entrepreneurs, driving job-creation
and economic growth in India.
NEN represents India’s largest and most dynamic community of new and future high-growth entrepreneurs, with over 70,000 members in 30 cities. It provides critical support to start-ups and early-stage entrepreneurs through high-impact entrepreneurship education; access to mentors and experts; fast-track access to incubation and funding; and learning tools and materials.
