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vguard.in Big Idea Business Plan Contest 2015 : V-Guard Industries Ltd

Organisation : V-Guard Industries Ltd
Announcement : Big Idea Business Plan Contest-2015
Last Date : 19th September, 2015

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Registration here : https://www.vguard.in/
Home Page : http://www.vguard.in/contest

THE BIG IDEA CONTEST :
V-Guard Industries Ltd is a leading electronic and electrical major dealing in 12 products and having more than 29 branches across India with a turnover of Rs 1745 crores (as on 31st March 2015). V-Guard enjoys brand popularity all over India and is now making a global presence with its increasing exports and markets spread over the world.

Update : V-Guard Big Idea Business Plan Contest 2018 : www.contest.net.in/36643.html

V-Guard’s ‘Big Idea Business Plan Contest-2015’, invites students from B-schools and Engineering Colleges across India to propose a well thought through, creative and comprehensive business plan for V-Guard’s future growth and consolidation. Students are encouraged to explore and propose newer frontiers for growth, but by strengthening and building further from where V-Guard is today.

Business plan would be evaluated for its deeper understanding of mega trends, detailed market analysis & insights, innovations & solutions, fit with V-Guard’s vision & strengths, detailed technical & financial feasibility analysis. It may also cover aspects like,

** Reducing specific product dependencies and maintaining a diversified product portfolio
** Increased focus on innovation for newer and improved products
** Brand building and increasing retail footprint

The contest comprises of different phases. The teams have to register online before 19th September 2015. An online brief will be sent to the registered teams. The teams would then have to submit a short executive summary of their business plan for V-Guard on or before 21st September 2015. The top 20 teams shortlisted will be intimated by 30th September and will then advance to the contest’s finals. The Top 20 teams should then submit their final written report of the plan on or before 12th October 2015. This will be followed by an oral presentation before the Top Management of V- Guard. The performance of the teams would be evaluated based on the written report and the oral presentation.

The Business Plan Contest Finals will be held on October 16th & 17th 2015.

Registration :
Each team should register online, on or before 19th September 2015 and then send the non – refundable participation fee along with the printout of the registration form before 25th September 2015.

Participation fee should be remitted either through NEFT payment (Internet Banking) or by Demand Draft drawn in favor of V-Guard Industries Ltd., payable at Kochi. Our account detail for online payment is given below.
Bank Name HDFC Bank Ltd.
Branch Address Ground Floor, Elmar Square, 39/4157, MG Road, Ravipuram, Cochin – 682 016.
Account No 00200110000100
NEFT/RTGS IFS Code HDFC0000020
Beneficiary Name V-Guard Industries Ltd

Note: Teams doing NEFT payment are requested to mention the Bank name & Branch Address in the registration form. Other mode of payment will not be considered.

Send your Registration forms and DD or Bank name & Branch Address in the case of NEFT payment to:
Ms.Jyothi S Thampy,
Talent Acquisition Team ,
V-Guard Industries Ltd,
Vennala High School Road, Vennala,
Cochin – 682 028.

Participation Fee:
Rs 1000/- per team from a college

Team Requirements
The number of members in a team should not exceed 3.

Contest Phases :
The Big Idea Contest has 6 phases

Phase I: Registration (19th September 2015)
Each team should register online, on or before 19th September 2015 and then send the non – refundable participation fee along with the printout of the registration form before 25th September 2015

Phase II: Online Briefing
An online brief will be sent to all the registered teams.

Phase III: Executive Summary Submission (21st September 2015)
All the teams will have to submit the executive summary online on or before 21st September 2015.

Phase IV: Declaration of Finalists (30th September 2015)
Top 20 teams will be shortlisted based on the reports submitted. The teams shortlisted will be intimated through their mail id and announced online.

Phase V: Final report Submission (12th October 2015)
Each team selected for the final will then submit the final report of their business plan on or before 12th October 2015 online.

Phase VI: Business Plan Contest Finals (16th & 17th October 2015)
The teams will make an oral presentation before the judges on 16th & 17th October 2015

First Prize Rs. 1, 00,000 & Summer Internship Program / Project work 2016 with stipend for 1st year participants
Second Prize Rs. 50,000
Third Prize Rs. 25,000
Special jury awards Rs. 10,000 for two winners

Rules & Regulations :
** The number of members in a team should not exceed 3.
** The participants must produce ID cards on request.
** Registration Fees: Rs 1000/- per team from a college.
** Participation will be confirmed subject to receipt of participation fee .The fee paid is non-refundable.
** The decisions of the judges will be final and binding on the participating teams.
** Participating teams are requested to visit the website (vguard.in) for any updates about the competition.
** Organizers have the right to make changes in the event if necessary.

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