About Ideathon 2.0

Kalinga University seeks to nurture creativity and entrepreneurial skills amongst early-stage entrepreneurs. Ideathon is a platform for school and college students to develop their business ideas and compete for the opportunity to win cash prizes and certification. Kalinga University helps you bring your idea from concept to pitch.

Vision

Ideathon 2.0 aims to develop start-ups for creating a successful start-up vibrant and inclusive society.

Mission

To inspire students to adopt entrepreneurial endeavors to develop their innovation, work on profitable and socially responsible projects and adhere to high ethical standards.

Team Size

1 Member to 5 members

How to apply

Fill in your details and register yourself to participate inIdeathon

Round 1

All registered teams will share their Business Plan in pdf format (maximum 50 pages). The Business Plan is to be made as per the given template.
A Panel will screen the submitted Business ideas and will choose the finest ones for the second round.

Round 2

All selected teams have to present their detailed business plan in front of panel. (Maximum Presentation Time: 30 Minutes per team)
Panel will decide the best business plan team from both the categories (Category -A (School); Category B (College/University).

Business Plan Template

EXECUTIVE SUMMARY

Basic Introduction to the company
Present the company's mission and vision.
Describe the company's product and/or service offerings.
Give a summary of the target market and its demographics.
Summarize the industry competition and how the company will capture a share of the available market.
Give a summary of the operational plan, such as inventory, office and labour, and equipment requirements.
Describe about the technological adoption and IPR issues.

INDUSTRY OVERVIEW

Facts explaining present industry scenario.
Describe the company's position in the industry.
Describe the existing competition and the major players in the industry.
Provide information about the industry that the business will operate in, estimated revenues, industry trends, government influences, as well as the demographics of the target market.

MARKET ANALYSIS AND COMPETITION

Define your target market, their needs, and their geographical location.
Describe the size of the market, the units of the company's products that potential customers may buy, and the market changes that may occur due to overall economic changes.
Give an overview of the estimated sales volume vis-à-vis what competitors sell.
Give a plan on how the company plans to combat the existing competition to gain and retain market share.
Conduct a SWOT Analysis.

SALES AND MARKETING PLAN

Describe the products that the company will offer for sale and its unique selling proposition.
List the different advertising platforms that the business will use to get its message to customers.
Describe how the business plans to price its products in a way that allows it to make a profit.
Give details on how the company's products will be distributed to the target market and the shipping method.
Explain the major bottlenecks to be faced by the company and how the company plans to overcome them.

MANAGEMENT PLAN

Describe the organizational structure of the company.
List the owners of the company and their ownership percentages.
List the key executives, their roles, and remuneration.
List any internal and external professionals that the company plans to hire, and how they will be compensated.
Include a list of the members of the advisory board, if available.
Mention the major highlights of HR policy of the company.

OPERATING PLAN

Describe the location of the business, including office and warehouse requirements.
Describe the labour requirement of the company. Outline the number of staff that the company needs, their roles, skills training needed, and employee tenures (full-time or part-time).
Describe the manufacturing process, and the time it will take to produce one unit of a product.
Describe the equipment and machinery requirements, and if the company will lease or purchase equipment and machinery, and the related costs that the company estimates it will incur.
Provide a list of raw material requirements, how they will be sourced, and the main suppliers that will supply the required inputs.

FINANCIAL PLAN

Category A – School Students (IX -XII)
Describe the financial projections of the company (Must include Income Statement, Balance Sheet, Cashflow Statement and Funds Flow Statement)
Category B – College/University Students (UG, PG, Research Scholars)
Describe the financial projections of the company, by including the projected income statement, projected cash flow statement, and balance sheet projection.
Fund raising from venture capitalists etc.
Details of loans/ debt and sources