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21
Aug

IIT-B launches National Entrepreneurship Challenge

Written by Administrator on 21 August 2013.

The entrepreneurship cell of IIT-Bombay (16 Aug 2013) launched the National Entrepreneurship Challenge (NEC). Created with the vision of promoting entrepreneurship amidst all the campuses in India, and making people realise that coming up with an innovative idea is no rocket science, the challenge is the first of its kind pan-India competition undertaken by E-Cell. 

The challenge will ultimately direct participating colleges to establish their own E-Cells. It will include all the colleges spread across India. 

The participating colleges will have to do a series of tasks (around 40 tasks) which are broadly divided into these categories: Awareness: Generating awareness about entrepreneurship, which will include tasks like session on basics of entrepreneurship, debate on job versus entrepreneurship, India versus silicon valley, surveys in college etc. 

The idea generation category will include tasks like identifying problems in your ecosystem, solving the problem, proposing a revenue model, conduct what an idea sirji (the idea generation event) B-plan. 

Club Activities, this will include getting your entrepreneurship and business club registered, designing a logo, conducting speaker session, offline competitions etc. Stand up for society: environmental conservation, where students have to undertake tasks on conservation of resources, social issues, taking up a social cause and working for it. 

Participating colleges will have to submit documents, photos and reports of each of these and their points will be updated in our leaderboard. It will be the largest national inter college competition with prizes worth 2 lakh at stake. The E-cell are expecting participation from 500+ college nationwide since we have a very efficient college representative network in 700+ colleges. The top 10 teams will then be invited in the Entrepreneurship summit to give presentations to eminent guests. To register for the competition the team (minimum consisting of 7 students) have to get approval from their director and then get going with the challenges.

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