IDEATHON–2014 @ IMS Ghaziabad
IMS CIIE- Center for Innovation Incubation and Entrepreneurship, under the patronage of Shri Rakesh Chharia, Management Trustee and visionary leader Dr. Urvashi Makkar, Director, IMS-Ghaziabad through its entrepreneurial student arm TESS (The Entrepreneurial Students Society of IMS Ghaziabad) organized IDEATHON – 2014 ( An Inter College Business Idea Presentation Challenge). The program was initiated, conceptualized and coordinated by Prof. S R Mustafa, Head – IMSCIIE and TESS team of IMS Ghaziabad (Shubham Tyagi, Prakshit, Paras, Pratik, Mohit, Umang, Ekansh, ShriyaRajan, Shriya Nanda, Rakshit, Kaash, Vivek and all other TESS executive members. The program was supported by MSME Development Institute, Govt of India, SIDBI, SEEDFUND, CEGR and sponsored by IDOAG, SoftTouch IT Solutions and IMS Ghaziabad students startups HostelGoodies.in, Pampet.co.in, Project HB and shoppingkeeda.com.
The program was conducted with an objective to provide IMSians and other aspiring student’s entrepreneurs a platform to kick start their entrepreneurial idea into action.
IDEATHON was conducted into two parts;
Day 1:- Idea Generation Workshop: Come together, brain storm, share ideas, find co founders team, ideate and give life to your business ideas in a day. Based on this concept the workshop was uniquely designed to fine tune the participant’s business ideas and helped them into preparing business executive summary. It was a huge success and 37 teams from IMS and other institutions have participated in the workshop.
Day 2:- Idea Presentation: Let’s present, Get evaluated, recognized and Awarded by august Jury members comprising of SME Development expert Shri RP Vaishya, Director MSME Development Institute, Govt of India, Experienced Bankers Ms. Anubha Prasad, Deputy General Manager, SIDBI, Early stage seed funding and startup expert Mr. Sailesh Vickram Singh, Executive Director, SEEDFUND, Growing startup founder Mr. Raghav Sood, CEO, IDOAG and Mr. Ravish Roshan, Member Secretary CEGR.
Dr. Urvashi Makkar, Director, IMS Ghaziabad, welcomed all distinguished jury panel members and future entrepreneurs during her welcome address in the 2nd day of the IDEATHON. She has shown her commitment and passion for promoting entrepreneurship and motivated them to take these ideas to the next level. Shri RP Vaishya has illustrated the funding support availability under the DC-MSME for promoting ideas level ventures through incubators scheme. Ms. Anubha Prasad shared stratups story and many tips for entrepreneurs for attracting debt funding from banks and the importance of financial planning. Mr. Sailesh Vickram Singh was sharing how his organizing SEEDFUND supported various early stage startups for funding and even student enterprises availed the funding support. He advised to focus more on the execution part of idea for attracting funds. Mr. Raghav Sood, CEO of IDOAG has shared various important experiences of his entrepreneurial challenges and suggested how you have to prepare yourself for overcoming those barriers.
The shortlisted business ideas were presented by the participants and the best 3 potential ideas have been selected by Jury panel members and awarded.
1st Prize Rs. 10, 000/- cash sponsored by IDOAG and a Trophy from IMS Ghaziabad to flatnflatmates.in (Mr. Pratik Sachdev PGDM IMS Ghaziabad)
2nd Prize Rs. 8, 000/- cash sponsored by SoftTouch IT Solutions and a Trophy from IMS Ghaziabad to Pampet.co.in (Mr. Mohit Chaudhary and Mr. Chaitanya Puri PGDM IMS Ghaziabad)
3rd Prize a gift hampers worth of Rs. 5000/- sponsored by HostelGoodies.in and a Trophy from IMS Ghaziabad to Gaonbazar.com (Mr.
Gift and TESS mugs to all Jury members sponsored by Project HB