NAVKRITI
“Next
to doing the right move is taking a step, the most important thing is to
let people know you are doing the right thing”.
- John D. Rockefeller
Empresario celebrates the spirit of entrepreneurship. Empresario is an
endeavor to spread the wave - “Entrepreneurship
Everywhere”. It is all about the change creators, it's about
dreaming, about believing in beauty of your dreams, about the will to
chase the dreams and finally it's all about realizing them. Empresario,
the endeavor of PGDIE students at NITIE, brings to fore the enthusiasm
of the youth along with the experience and knowledge of industry
mentors. Empresario is for all those having a dream to create a venture
out of something or nothing.
Empresario brings to you the fourth edition of Navkriti,
the start-up showcase event that empowers the start-up community
by giving them a chance to present the ideas they have conceived
and implemented as a first step to realize their dreams,
along with their future prospects.
Some of our esteemed associates being
TIE Mumbai, NEN, Indian Angel Network, Seedfund Advisors Pvt. Ltd., SIDBI Venture Capital Ltd., The Morpheus, Helion Advisors Pvt. Ltd., Nurture Talent Academy, Nexus India Capital, Mumbai Angels Network, GrowVC India & Springboard Ventures.
All the finalists will get a chance:
-
To receive seed funding of
Rs 5 CRORE from SeedFund Advisors Pvt. Ltd., Mumbai (subject to conditions applied by SeedFund)
-
To attend the Exclusive workshop by
Angel Investors Partner of Indian Angel Network on the event day
-
To be a part of the
Business Acceleration Program run by The Morpheus
-
To get
Complementary six-months listing in growvc India
-
To receive
Personalised Fund-raising assistance by Springboard Ventures
Marketed By:
Navkriti 2010 Winners:
Winner - Sosasta.com, Friday Media (P) Ltd., Kolkata
1st Runner Up - Distribution 2.0, Network Pvt. Ltd., Mumbai
Structure
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Eligibility ||
Rules & Regulations
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Results
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Schedule
Structure
- Stage I
(Short listing)
The startups will have to submit their Executive Summary about their company
and a VC pitch presentation in a specified format by 20th Sep, 2011. The Executive summary should be submitted along with scanned copies of the proof of documents of registration of the firm. Top 5 teams would be shortlisted.
-
Stage 2: Verification
All the shortlisted companies will have to submit scanned copies of all the supporting documents within 10th Oct, 2011. If any particular team fails to submit, the company in waiting list will get the opportunity.
- The Final
Day
All the 5 shortlisted companies will give presentation to a jury panel on 15th Oct, 2011,
who on the basis of the presentation would be awarding points. Apart from the
points from jury, the performance would be tested on a few preset
parameters. The startups will be awarded based on cumulative points
both from company performance and jury scores.
Important Dates:
- Registration begins on: 17th Aug, 2011
- Last date of registration and submission of executive
summary along with VC pitch presentation: 20th Sep, 2011
- Results of Finalists will be declared on:
5th Oct, 2011
- Last date for submission of required documents:
10th Oct, 2011
- On campus Company Showcase:
15th Oct, 2011
Prizes:
Winner - INR 20K
1st Runners Up - INR 15K
Seed Funding :
All the 5 finalists will get a chance to receive seed funding Upto
Rs 1 CRORE
from SeedFund Advisors Pvt. Ltd., Mumbai (subject to conditions applied
by SeedFund).
Rules & Regulations
- The event is open for all Indian citizens subject to
eligibility criteria as above.
- The participating team needs to first register on the
website and then send the softcopies of following documents:
- Entries should be submitted to
navkriti.nitie@gmail.com with the subject line
Navkriti10_<registration id>_<company
name>. All the document files should be sent in a single file
winzip archive with the file name as <registration
id>_<company name>.zip
- The last date for submission of all entries would be
midnight, 20th Sep, 2011.
- The Executive summary should have a cover page containing
Registration ID, the name of the Business/company/firm, name of the
participants, e-mail ID and phone number of the participants. This
information should not appear in any other part of the report. The
cover page will be detached before the entries are given for panel
evaluation.
- The presentation should have a first slide containing
Registration ID, the name of the Business/company/firm, name of the
participants, e-mail ID and phone number of the participants.
- The initial shortlisted companies would need to send the
scanned copies of all the documents supporting the claims
made in the report by 10th Oct, 2011.
- The Finalist would be required to come to NITIE campus with
detailed presentation of their business/venture on 15th Oct, 2011.
- The duration of the presentation will be 20 minutes followed
by questions and answers.
- The decisions of the organizers and the panel of judges
will be final and will be binding on all the participants.
Team Empresario would ensure that all the entries would be kept completely confidential.
Registration
Registrations for Navkriti 2010 are closed !!!
Thank you for the overwhelming response.
Results of Finalists will be decleared on 11th October 2010.
Please keep visiting our website for updates.
Eligibility
- Any firm or Company that was first registered preferably not more than 3 years ago. Others are still eligible for applying.
- The company needs to be registered with Government of India.
- Only Partnership Firms or Private Ltd. Companies are eligible
(Not for NGO’s, Sole Proprietorship, Public companies).
- Companies run by students are not eligible.
Winners
Winners
of the Navkriti 08 are -
First
Prize
- Akventure Info Pvt Ltd,
Hyderabad
Second Prize -
i-nable Solutions Pvt Ltd,
Bangalore
Thank you for the overwhelming response.
Contact us:
Onkar Mohole: +91 9960865358, Neha Kulkarni: +91 9820747639
Ankit Jain: +91 9702965277
E-Mail:
navkriti.nitie@gmail.com