The Initiative
Who can Participate
• Entrepreneurs who have just started their
venture, working professionals or final year
students with just an idea would be eligible to
participate
• The main condition which has to be fulfilled is
that the venture has to be started within
Kerala
Programme Structure
• First Phase: The participants have to firstly register their team on the ECell
website (http://ecell.iimklive.com/?page_id=1108). After registration,
participants are required to send the executive summary of their business
idea in the given format to basics.to.business@gmail.com. The deadline
for registration and submission of executive summary is January 17, 2011.
• Second Phase: A shortlist of 50 teams would be released on January 20,
2011. Those who will make it to the first cut-off would be invited to IIM
Kozhikode campus for a 1 day workshop on January 30, 2010. A team of
industry leaders and experts from academia will explain the nuances of
starting a business and making a business plan.
• Third Phase: Participants have to submit a full business plan by. 10 teams
would be shortlisted and will be taken through a focused one-to-one
mentoring by industry experts.
• Final Phase: The final 10 teams will be invited to the IIMK campus for the
final presentation in front of the elite panel comprising leading VCs and
TiE members. The participants will be given 10 minutes for presentation
and 15 minutes will be allocated for discussion with the jury.
Important Timelines
Phase of the Event
Scheduled Date
First announcement of the event
27/12/2010
Submission of the Executive Summary of B-plans 17/01/2010
Workshop for the participants at the institute
Final Presentation of the B-plans
30/01/2010
06/03/2011
Executive Summary format
Please submit the executive summary of your Business Plan by 23:00 hours
on 17th January, 2011.
The document in pdf format needs to be sent to the email
address basicstobusiness@iimk.ac.in
Please mention your team name in the document containing the executive
summary.
Participants are required to submit an executive summary in not more than
600 words, single line spacing, size 12, font Times New Roman.
Following points need to be covered:
• The market your business will/is operating in (including the size and future
growth)
• Product/Service description
• Sales plan
• Investment made till now. FY 09-10 Revenue, Projected FY 2010-11
Revenue (For existing business)
Rules & Regulation
1.. The initial evaluation of business ideas will be undertaken by the organizing
committee comprising of ECell and TiE Kerala. The evaluation in the final round will
be undertaken by TiE and Venture Capitalists.
2. Details of each stage will be uploaded on our website (www.ecell.iimklive.com)
and blog (www.basics-to-business.blogspot.com). General information regarding
each stage will also be published in Malayala Manorama.
3. All submissions must be made within the mentioned deadlines. No request for
deadline extension shall be entertained.
4. Teams of 1-4 can be formed comprising both students and working professionals.
The teams could also contain all members from different organizations and
institutions.
5. Participants in a team can be from the same or different institutes or from the
same or different organizations. Teams can also comprise both students and
working professionals
6. A participant can form multiple teams. Teams can submit a maximum of two
business plans but the plans need to be submitted separately and will be
considered as separate entries.
Rules & Regulation
8. The investment money is subject to fulfillment of certain criteria set by the
sponsors and the organizing committee
9. All decisions made by jury and ECell, IIM Kozhikode shall be final and binding. No
request for revaluation will be entertained by the organizers
10. IIM Kozhikode or any of the partners will not incur any costs for entrepreneurs
participating in the “Basics to Business” program nor entertain any kind of claim.
11. Termination: IIM Kozhikode may at any time and for any reason: (a) disqualify a
participant from “Basics to Business” if the evaluation panel, mentoring panel or
Investors in their absolute discretion, determines that such disqualification is
warranted; or (b) discontinue “Basics to Business” by posting a notice to that effect
on the Website.
12. Disputes, if any, are subject to the jurisdiction in the courts of Kozhikode only.
Contact Us
• Email: basicstobusiness@iimk.ac.in
• Website: http://www.ecell.iimklive.com
• Blog: http://www.iimk-basicstobusiness.blogspot.com