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LEMON IDEAS & IMT NAGPUR

Presents

INNOPRENEURS14
(A hunt for lemon entrepreneurs)

About Innopreneurs14

An Idea-Project national level competition, Innopreneurs2014 (www.innopreneurs.in) aims to bring out the hidden talent from individuals that usually go unnoticed. It will emerge as a platform that gives chance to common, stupid, crazy but innovative Ideas that have potential to create a difference for people in general. Innopreneurs-2014 will inspire and encourage individuals/ students/ professionals to bring innovation to the platter for others to devour. It is a hunt for potential innovative entrepreneurs who would become change makers of tomorrow. Starting from 25th Jan14, it will be a National Level event covering major parts of India. The finals will be held at Institute of Management Technology (IMT), Nagpur on Saturday, 8th March 2014. The winner teams/ individuals will get prize money and opportunities to be mentored & incubated at Lemon Ideas, besides most promising projects would have access to initial seed funding of Rs.5 lacs. This event is open for anyone with Idea into action. This is onestep ahead of B-Plan competition wherein the Ideas/ Project/ Concept must have a working prototype or has been executed at some level or piloted. The contest tracks can be either from Social Impact, Education, Service/ Consumer or Others.

About Lemon Ideas

Lemon Ideas is working in the space of Talent Innovations. It is a concept child of Mr. Deepak Menaria, Founder ONE Foundation (a NGO working towards youth enrichment) and former AVP-HR at Global Logic. Encouraging youth, particularly students, to rise up & above the benchmarks of conventional thinking to a whole new level of innovative thinking and extra ordinary results is one of the sole objective of Lemon Ideas. Lemon Ideas is on a mission Innovation by everyONETM and is creating awareness amongst the youth to find out innovative solutions for the world by way of Lemon Innovation Yatra. It also serves as a platform for experimentation offbeat talents to convert passion into business reality. It also engages into mentoring, training, consulting and talent farming for selected Institutes, Corporates and Individuals. Visit: http://www.lemonideas.in for more details.

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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About IMT Nagpur

One of the top 20 B-Schools in India, IMT Nagpur is dedicated to create socially responsible business leaders. At IMT, the primary objective is to prepare leaders who go beyond conventional management skills. Be it management or technology, IMT graduates are trained not only to be effective but also to be innovative. IMT Nagpur seek students who thrive on change and who strive to drive it to business success. At IMT Nagpur, the new ways of thinking and doing things are central to the curriculum. Situated 35 kms from the center of India (zero mile), it has a state-of-the-art infrastructure in the lush green surrounding area on Nagpur-Katol Road. With esteem team of research oriented and experienced faculty, IMT Nagpur is all equipped to carve the future managers of India. Visit: http://www.imtnagpur.ac.in for more details.

Resource Partner

National Entrepreneurship Network

Nurture Talent

Regional Partners

DAVV, Indore, MP

BIT, Durg, CG

Devi Ahilya Vishwa Vidyalaya

Bhilai Institute of Technology

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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Media Partners

Radio Mirchi

Inc42

Nextbigwhat

Techpanda

Media Partners

LetMeKnow

Jury Partners

Chatar Patar

Rankjunction

mTree

Kratin

SmartCloud Infotech

Xymob

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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Prizes & Awards

Rs.50,000

Cash Prizes

Rs.30,000

Rs.20,000

Participation Certificates (finalists)

Seed Fund

Project Idea Rs.5 Lacs.... SEED FUND

Start-up

(The most promising ideas/ projects/ start-ups will have access to an initial seed fund of rupees five lakhs as per selection by Lemon Ideas and private investors at the event. The seed funding would be at the sole discretion of the Investors and between the agreed parties)

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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Criterions (themes)

Social Impact

Education

Service/ Consumer

Others/ Miscl

Eligibility

Age Range: 17 to 30 years

Original Idea/ Concept/ Project/ Start-up

Piloted/ Experimented

Should fit into either criterion/ theme

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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Rounds
Three regional Rounds Final Round 26th Feb14, DAVV, Indore (MP) 28th Feb14, BIT, Durg (Chhattisgarh) 2nd Mar14, VNIT, Nagpur (Maharashtra) 8th Mar14, IMT Nagpur

Participation Process & Eligibility


7 simple steps 1. 2. 3. 4. 5. 6. Register Online (follow the guidelines & eligibility for registration) Make online/ offline fee payment (for confirming registration) Receive Email link for submitting your Idea/ Project Abstract Submit your Abstract online Upon successful submission, youll receive an email confirmation In case you are shortlisted for the regional rounds, youll receive an email and a call from our team for presentation 7. Keep track of all the important dates

Important Dates
Online registration starts Registration Closes on 1st Regional Round @ Indore 2nd Regional Round @ Durg 3rd Regional Round @ Nagpur Final Event @ Nagpur 25th Jan14 22nd Feb14 26th Feb14 28th Feb14 2nd Mar14 8th Mar14

POC (Point of Contact)


Mr. Abhishek Chatterjee, Lemon Ideas, Nagpur Mr. Suhail Mahajan, IMT Nagpur Lemon Ideas - Office No. - 9730777480 - 9890490472 - 8407911142

www.innopreneurs.in

support@lemonideas.in

Innopreneurs14 a hunt for Lemon Entrepreneurs is an Idea-Project National Level Contest by Lemon Ideas & IMT Nagpur. For more details and updates visit: www.innopreneurs.in and follow us on Facebook, LinkedIn and Twitter. All rights reserved. Lemon Ideas Innovations Pvt. Ltd 3rd Floor, Sadoday Arcade, Opp. Times of India, WHC Rd, Dharampeth, Nagpur 440010 (MS) India. Ph: +91-8407911142 innovate@lemonideas.in | www.lemonideas.in Institute Of Management Technology, Nagpur 35 Km Milestone, Katol Road, Nagpur 441502 (MS) India. Ph: +91-712-2805000 contact@imtnag.ac.in | www.imtnagpur.ac.in

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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RULES & GUIDELINES


(for participants)

General guidelines for online registration: 1. We respect your individuality and creativity and to ensure that youve your freedom to present your idea/ project. We are only suggesting the guidelines, but the format/ template for presentation. Be as creative and explorative during your 10 mins of stage pitching time given to you (post-screening round) Form once filled cannot be undone or edited for correction Mode of payment can be Offline or Online. Offline registration will be complete only after organizers receive the due payment. Offline payment can be made either by DD/ Cheque on the name of Lemon Ideas Innovation Pvt. Ltd, Nagpur. There are no refund for online/ offline payment Payment exempted category can only be selected by those individual who are winners of any similar competition. Such individual can complete the registration process only upon submission of a scanned certificate of such competition in the online registration form No registrations will be accepted post the deadline. Multiple entries are encouraged from the same institute. Entries with any of the mentioned sections missing in registration & abstract form will be disqualified, as all the sections are mandatory for evaluation purpose. Participating teams are expected to submit original ideas. Any kind of plagiarism in idea will attract disqualification and members of the team will not be allowed to participate in any of the future competitions conducted by Lemon Ideas & IMT Nagpur. For offshore entries, the regional rounds can be conducted through online video conferencing (as per case to case basis). However, physical presence would be mandatory for the Final round at IMT Nagpur. The confidentiality of each of the Business Plan submitted will be strictly preserved to ensure the protection of intellectual property of the business ideas and plans of the participants. Teams need to strictly adhere to all the rules and regulations to avoid disqualification at any phase of the event. All the entries would be evaluated by seasoned entrepreneurs and faculties. Their decision shall be final and binding. Age Range 17 to 30 years

2. 3. 4. 5.

6. 7. 8. 9.

10. 11. 12. 13. 14.

Confirmation Email (on successful registration):

Your registration ID is: ------------------------------Please click the link given below to submit your Abstract (of your Idea/ Project/ Start-up) for verification & screening: ----------------------------- Abstract submission link ---------------------------------

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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Online Registration Form:

Name Email Id Mobile No Gender Age (as on Jan14) City (where you stay) Occupation (select any one) Student Professional Others (plz specify) Your Idea-Project Name (your pitch in not more than 100 words) Category for IdeaProject (select any one) 10 digits Male/ Female

Social Impact Education Service/ Consumer Others

Implementation Level (select any one)

Idea Level only on paper, no application Plan (detailed out) on paper and been validated by various end users/ people in general Prototype/ Piloted on paper, validated and experimented/ applied Pre-Startup/ Startup on paper, validated, piloted/ experimented and is about to roll out/ rolled out and at a very early stage of a start-up 1 2 3 4

Team Size (in nos) (select any one)

Reference (select any one)

FB College Online/ Web Radio Newspaper Friends

Registration Type (select any one)

Online Payment - Rs.450 (10% discount) Offline Payment - Rs.500 (note - the registration will be complete only after the payment is received) Payment exempted - winners of other similar competitions (attach scanned certificate)

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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Abstract Submission Rules & Guidelines: After the General Registration is done by filling up the online form, click on the link that you receive in your mailbox to submit the Abstract (of your Idea/ Project/ Startup) Make sure you fill up all the relevant details in the given fields At the end of the form, upload the Executive Summary of your abstract (can be either a Doc/ PDF/ JPG file) - Max 500 words [Verdana 10, Normal Spacing] The Executive Summary could have the following information: a. Summary of the idea b. Idea/ Product / Service details c. Prototype/ Execution output and results d. Market size and growth potential e. Sales and distribution model f. Revenue model and pricing g. Year 1 profitability and future sustenance h. Competitor analysis One member of each team should be appointed as Team Guy who would act as a single Point of Contact (POC) for the team. All communications from Innopreneurs14 will be directed to this POC. The registered teams need to submit their executive summary (of maximum 500 words) on or before 20th Feb14, 23:59 hours at the sent email link.

Online Abstract Form:

Your registration ID (as given in your confirmation email) Name Mobile No. Email Id City Write an executive summary of your Idea/ Project/ Start-up. What kind of opportunities or solutions your Idea/ Project addresses to? At what stage is your Idea/ Project? Has it been piloted/ experimented? What were the results? Please give your team details, if any.

Not more than 500 words Not more than 100 words

Not more than 100 words

Kindly share any video, photo, media or web link of your Idea/ Project/ Start-up. Have any investor approached you before for your Idea? If yes, give details about the offers youve received and the current status. Upload the doc./ PDF/ JPG file of your Idea/ Project/ Startup or Certificate of any B-Plan event won by you

Name Gender Email Id Mobile No City This section would increase your chances of selection Optional

Optional

Copyright 2014, Lemon Ideas Innovations Pvt. Ltd. & IMT Nagpur

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