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The D-Day is here! FIIB Unfolds the Finale of 9th Edition of its Mega B-Plan Competition, Meraki 2020

The biggest business-plan competition of India, Meraki, will be held tomorrow, 7th March 2020, at the premises of the Fortune Institute of International Business (FIIB), New Delhi. This will be the 9th edition of the mega-event, designed to give the collegiate entrepreneurs a real-world experience to present and fine-tune their business plans and elevator pitches to generate funding from potential investors so as to successfully commercialize their company and its products and services.

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With the knowledge that most student business ideas die in the absence of an appropriate platform and their launch, FIIB had taken it up on itself to organize this business plan competition on pan-India basis, where some of the top angel investors and venture capitalists of the country will evaluate the plan of student participants. Participation in this mega competition increases their chances of getting their plans funded.

Since its inception in the year 2012, Meraki has been getting a huge positive response and wide recognition-the participation has witnessed a phenomenal growth over the years, i.e. from 361 registrations in 2012 to 3,500 in 2019. Entries have been received from the top institutions of the country including IIT Kharagpur, Department of Management Studies -IIT Delhi, IIM Ahmedabad, IIM Bangalore, IIM Indore, IIFT, NITIE, BITS Pilani, IMT Ghaziabad, St. Stephen's College Delhi, St. Xavier's College Mumbai and SRCC Delhi. International teams that have participated in the past events include those from University of Surrey, UK, and many others from the South Asian countries.

Students of the 13 teams that have been shortlisted for the final round of Meraki 2020, will get an opportunity to receive mentorship, network with investors, get an individual feedback from the revered judges who are themselves established venture capitalists and investors. This year, the three judges are Manish Kheterpal (Founder and Managing Partner, WaterBridge Ventures), Amit Khosla (Founder, Valtrust Capital) and Ashish Jain (Partner, WaterBridge Ventures).

The fellowships (award prizes) will be Rs.1,50,000/-, Rs.1,00,000/- and Rs.50,000/- for the participants getting first, second and third positions in the competition. Not just this, the event also promises to provide an ongoing mentorship and contact with leading venture capitalists and investors.

Come and attend this mega business-plan event and understand the nuances of an effective business plan and understand what interests the venture capitalists and investors, and inspires them to invest in startups and new ventures. Besides, this will also be a great opportunity to network with the captains from venture capital industry and academics, and meet the young students with an entrepreneurial streak.

For details, please visit http://meraki.fiib.edu.in/.

Time: 9.45 onwards
Date: 7th March 2020
Place: FIIB, New Delhi

Contact person: Dr. Ekta Singhal (Coordinator, Meraki 2020)

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