Breakthrough
Introduction
“We're here to make a dent in the universe. Otherwise, why even be here? We're creating a completely new consciousness, like an artist or a poet. That’s how you have to think of this. We're rewriting the history of human thought with what we're doing.”--Steve Jobs
It is this insatiable hunger to transform the world, that has driven human civilization to such echelons. Honoring this very feeling of service,courage and innovation, Shaastra 2008 brings to you BREAKTHROUGH, an event aimed at bringing out the entrepreneur in you.
Overview
Breakthrough is the annual Business plan competition organized by IIT Madras' Entrepreneurship Cell. It is one of the biggest B-plan competition in India and has quickly become one of the most popular platforms for budding entrepreneurs to showcase their ideas.
The primary objectives of the contest are:
- To spur the entrepreneurial spirit amongst the youth & to educate them in the process of creating and evaluating new business ventures.
- To identify local entrepreneurs who can be groomed to launch successful business ventures in the near future.
So, if you believe you have the heart and the will to convert your ideas into successful business ventures, then we have the platform and the resources to help you realize your dreams.
Event Format
- The participants are required to send in the executive summary of their business idea.
A sample summary can be viewed here
Note: This sample is merely a guideline; please do not use this as a template.
- The summary should not exceed 1600 words.
- The ideas should be original and innovative. (An innovative concept provides a solution for a new need, or offers a new way of fulfilling an existing need or makes a clear advancement compared to existing products, services or technologies).
- Entries involving technology oriented ventures will be given preference.
- Maximum size of the team is 5 members.
- Last date for submission of executive summaries is September 10, 2008.
- 10 teams shall be short-listed based on the summaries sent and they will be required to give a presentation of their idea to the judge panel during Shaastra 2008.
- All entries should be mailed to: breakthrough@shaastra.org
- Prize money worth 3 lakhs up for grabs of which 10% is paid upfront and the rest will be granted after the actual start of the venture.
Further details regarding the event will be put up soon. Please do check this space frequently for further information.
Shortlisted teams (in no specific order):
- Tiket-O-Mobile
- Redivivus
- PyroGas
- Ispat
- E-Van
- Brick (slurry) Production
- Appro Tech
- Smart wireless system
- Cash-In
- E-Stat
- Ceramites
Waitlisted teams:
- Buoyed Windmill
- Vasms technology
- Devarshi
- N Tech
- Team Micro
Contact
For any queries regarding the event contact Seshanka or Shiwani at: breakthrough@shaastra.org
P.S: The criterion for short-listing and final decision is entirely under the discretion of the judge panel.
