Simplicity Challenge : Think Simple and Win...

Some of the readers would be wondering if this blog is turning into an event calendar Of course not, but whenever I write about some unconference or a conference or some other event, we can see "The changing face of a rising India"

While watching CNBC, came across an interesting contest called TheSimplicity Challenge which is open ONLY to students from the age 18-30.

What is the Simplicity Challenge?
You can check the details here

Interesting highlight was the definition of BIG IDEA:

An idea is a business opportunity to improve people’s lives and create value for individuals and communities. If it does that, it automatically makes marketing sense. And the simpler the idea, the more sustainable it is likely to be.

So, there is a Social Entrepreneurial angle to the contest [since, your idea would help in making lives simple & better, which is also the mantra of Philips - Sense and Simplicity].

Terms and Conditions :
You could read them here

Prizes to be won :
From the Simplicity Challenge Website:

If your idea is voted by the viewers as amongst the first 4, you can look forward to prizes like the Philips Ambilight LCD televisions, in addition to all the publicity. And if your idea is judged the Number One, you will receive a cash prize of Rs 15 Lakhs. And, an introduction to a Venture Capitalist, who can turn your idea into a commercial success, and you into the hottest entrepreneur of the year.

More details here , here and here