About

Vinod Khosla, Desh Deshpande, Narayana Murthy and countless other IITian

Entrepreneurs have made their mark on the world. You could be one of the

next great entrepreneurs.

The Pan IIT Business Plan Competition aims to provide a platform

for enabling discovery, networking, mentoring and funding of new business

ideas. The competition will appropriately conclude at the 2009 PanIIT

conference in Chicago to be held on October 9 -11, 2009. With the spirit of

entrepreneurship at an all time high, this is an opportunity for our alums and

students to take their ideas to becoming the next big company. It is the

perfect time to find mentors, partners and investors.

The Business Plan Competition will be conducted in two stages:

Regional Rounds: To be held in Chicago, Dallas, San Francisco Bay Area

and Boston, during the month of August and September. Teams in other

locations including outside the US will participate remotely. Four shortlisted

teams will present a pitch in ten minutes, with five minutes for Q & A, at the

regional round. A panel of judges will select one team per region to advance to

the finals. One mentor will be assigned to the team to help build a full fledged

plan.

Final Round: To be held on October 9th at the Pan IIT USA Conference in

Chicago, IL. The winners from the regional round will compete in the national

round, in a format similar to the regional rounds.

Eligibility: Entries from pre-revenue start-up teams with at least one IITian as

founding member are welcome. Team members be 18 years or older. The plan

must be an original business idea.

Submission guidelines: You need to provide a two-page Executive

Summary for evaluation by August 15th. The executive summary needs to

include a concept summary, Market/Industry analysis, Product/Service

Description, Revenue/Business model, Competition, Management team and

Financials.

Timeline

Aug 15: Register teams with Team name, and submit Executive Summaries to regional chairs for judging. (We encourage teams to continue working on their business plans after the submission of executive summaries since they would get only a week between the notification of their selection for regional round and the business plan submission deadline.)

Aug 30: Judges review and select 4 regional finalists

Sept 8: Detailed business plans submitted

Sep 15: Regional rounds - one finalist selected after in-person or virtual presentations. Mentors assigned to the top team (mentoring Sep 15-30)

Oct 9 : Finalists at Chicago

Click on the links below for more information and to register ...

For more details or questions, email bpc@paniit2009.org