By participating in the BiD Challenge India you can get access and exposure to a network of business partners and financiers, win coaching for your business plan and INR 2,000,000.00 in start up capital.
The BiD Challenge process consists of 2 phases.
- Round 1 is about writing a three pages business proposal. Each complete proposal is screened three times by seperate professionals. This feedback is communicated back to the entrepreneurs on June 28 2007. Your plan will remain visible on the BiD Network and you can continue working on it.
- Round 2. The best 50 proposals are invited to continue and develop a solid and bankable business plan, together with a professional business coach. The best business plans win prize money (a total of IND 1,000,000.00 ) and are exposed to a network of potential (inter-)national investors during the Award Event and the Market Place in India - by the end of October or in November 2007. All the winners of the 7 Satellite BiD Challenges compete for the IND 1,000,000.00 (20,000 euro) in Satellite Prizes. Details will follow.
How do you submit your plan for Round 1?
All the guidelines, templates, criteria and other relevant information is available here.
- Join the BiD Network and login
- Create a business plan on this website.
- Make an clear presentation of it and add keywords and photo's. Click here to find out how.
- You can decide what parts of your business plan are visible to the public and which are not.
- Submit your plan before May 31st.