August 24, 2007

Eureka 2007 : The B - Plan competition

Indian Institute of Technology(IIT) , Mumbai is organizing a B-Plan Competition called Eureka.This is your chance to turn your dream into reality lol. Some details about the competition below:

What Is Eureka ?

Eureka! is the biggest Business Plan Competition in India and one of the Top Five in the Asia-Oceanic region in terms of participation, prizes and resources. It is intended as a platform to encourage youth from across the globe to flesh out their ideas in business terms and form global enterprises that combine technology,vision and business acumen.

Past success stories from Eureka:
Listed below are some of the past winners(and runner-ups) from Eureka:

Winners of Eureka,1999:
Voyager Infotech Private Limited
Eisodus Networks Private Limited

Winners of Eureka,2000:
Myzus Private Limited

Winners of Eureka,2001:
eInfinitus Technologies Private Limited
Duesco Private Limited
Herald Logic Private Limited

Winners & Finalists of Eureka,2002:
Embedded Robot Technologies (Winner)
Theranova (Winner)
Phonologies Private Limited (Runner Up)

Winners of Eureka,2003:
PowaiLabs Techsoft Private Limited
Whizlabs Software Pvt. Ltd.

Winners of Eureka,2004:
Rhizo Technologies

Schedule of Eureka,2007:
You can check the schedule here

More details of Eureka,2007 can be found here

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14 Comments:

At Sep 3, 2007, 3:40:00 PM , Anonymous Anonymous said...

Where is this held?????

in bombay ??/

 
At Sep 4, 2007, 3:10:00 AM , Anonymous Himanshu Sheth said...

Hey,
Mumbai of course :)

-Himanshu Sheth

 
At Sep 10, 2007, 3:40:00 PM , Blogger Nikhil Kulkarni said...

Any idea if it makes sense for non-student startups to participate in it?
Especially, I found that the winners of the contest get a pretty small sum for 'starting up' and that too in stacks of 25% over a period of 4 months. This makes me feel that the contest has been created only fr students.

Further, the winners will get 'mentorship' to create a biz plan and not direct funding if the first cut bPlan is found to be good .. which again makes the reward unattractive ...

However, any idea if the situation on ground is diff - i.e. do companies who win here get funded BIG TIME!! ??

 
At Sep 11, 2007, 9:17:00 AM , Blogger Pinkoo said...

Yes, It is open for working professionals and the mentoring is provided by entrepreneurs, VCs and industry experts which make it one of the most relevant support system to launch a start up....

 
At Sep 12, 2007, 1:17:00 AM , Anonymous Himanshu Sheth said...

Hey,
@Nikhil: Sorry for this delayed reply to your comment.If I am not wrong,this would be like one of the normal B Plan Competitions where you would be incubated, if you win the competition.Rest refer to Pinkoo's comments.

@Pinkoo:Thanks for the help and comment :)

-Himanshu Sheth

 
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