
Ideas are easy. Implementation is hard.
Start-up Competition (Suruwat, Phase-I), an initiation of Boston International College, aims to fuel entrepreneurship development by bringing innovative business ideas together through this program. It is a national level inter-college startup competition where participants from various business schools across the country will compete on their novel business ideas. In a developing country like ours, there is a need for people who are willing to take risks and involve in boosting the national economy directly and indirectly. The motive of this competition is to encourage promising individuals to pursue their dream along with creating employment and being an inspiration to other aspiring entrepreneurs.
This event will be a great platform that helps to convert an idea into a startup through the journey of self-exploration, teamwork, problem-solving, and networking. The winner and the runner up will receive the prize of NPR. 50000 and NPR. 25000 respectively as well as mentoring and support from BIC-Startups. So, if you have the drive to follow your dream then get ready to compete!
The competition will occur in two rounds:
Preliminary Round
The first round is the initial review of business plans that determines which teams will be moving ahead to the final round. The participating teams need to submit their business idea in MS Word or PDF format to the organising committee. Approximately 10 teams will be chosen for the Pitching Round.
Pitching Round
The selected teams will be required to prepare a Pitch Deck and present their business idea to a panel of judges and invitees including potential investors. Teams will be given a maximum 6-minute for presentation followed by 4 minutes for questions and answers. The judges will make the final award decisions and the winners will be announced on the same day of the event.
Terms & Conditions
Please remember the following key dates:
Particulars |
Key Dates |
Registration & Receiving Business Plan |
September 26, Midnight |
Informing the teams selected for Final Round |
September 30, 2021 |
Receiving Slides from Selected Participants |
October 3, Midnight |
Final Presentation |
October 6, 2021 |
Note: All the correspondence in regards to this event will be done via: [email protected]
Business Plan Template
Summary/Brief: Two – three brief sentences describing the customer problem/opportunity that you’re addressing, how you’ll address it, and why your company is the best one to address it. Also describe why you care about solving this problem (your “why”).
Market Opportunity
Target Customers
Market Problem and Current Solutions
Your Product/Service Solution
5) Competitors/Other Solutions
Competitive Advantages
Model
Sales & Marketing Strategy
Traction/Performance/Awards
Funding Needed & Use of Funds
Team & Advisors
For Assistance:
Prem Gaire- 9801132391
Rishi Ram Chapagai- 9801332279
Jagdish Timilsina – 9801332283