ANIRVAN - THE PITCH

Introduction
"Time is too slow for those who wait, too swift for those who fear, too long for those who grieve, too short for those who rejoice, but for those who love, time is eternity." Henry Van Dyke. You only have 30-60 seconds to make a powerful first impression. The attention span of the average person is just 30 seconds before their mind starts wandering. The other reason is people have less time today. You need to grab them quickly or lose them forever. Every entrepreneur has to present a business plan to outsiders at some point if he or she is seeking a loan or investment in the company. Obtaining venture capital funding, angel investment or even bank loans for a business is increasingly difficult in a tough economy. You don't want a poor pitch to impede your ability to score financing for your business. In fact, it's imperative to have a pitch and presentation that showcases your idea, your potential, your market and your ability to provide investors with a return on their investment. The business pitch is different than the business plan. But you need to have your plan drafted before you can fine-tune your pitch. "People misunderstand that the pitch is a different medium than the plan," says Tim Berry, president and founder of Palo Alto Software, maker of Business Plan Pro software, who blogs at bplans.com. "They misunderstand that somehow plan is going to sell the business. The plan is the screenplay for the business. You have to have it before you can put together your pitch. The pitch is a summary of the plan."

Structure and Timelines Format of the event:

The Pitch will comprise of 3 rounds. In the first round participants are expected to submit pitch video of the B-plan in the good audio and video quality. In round-2 and round 3 the participants will compete against other 10 participants in the presence of VCs, AIs and Industry Experts.

Round 1 (Preliminary Round): Submit a video of 2:00 minutes. This will comprise introduction and your business plan. The time must be divided in the following manner o First 30 second your introduction. o Next 1 minute 30 seconds as the b-plan. The participant needs to send their videos to enspirit@iimraipur.ac.in The file size must be limited to 20 MB. Audio and Video quality needs to be clear. Each round will carry weightage in final evaluation. Round 2: 10 short listed participants will be invited in the campus to compete against rest of the participants. This round will mainly focus on the persuasion/ convincing skills of the participants. This will also comprise Q-n-A with judges. There wouldnt be any elimination in Round -2. However, it carries weightage in final evaluation. Round 3: This round will test the participants business plan and their own capability to judge a business plan. There will be a Q-n-A with judges. Winners will be declared shortly after Round-3.

Cash Prizes:
Winner 20,000 * Subject to the Rules and Regulations of the Income Tax Department, India

Rules & Guidelines

The event is open to the students of all the B-Schools. Each Team comprises of exactly 1 member. Any conflict arising during the game will be handled by the organizing committee and the decision of the organizing committee shall be final.

Important Dates
1. Team registration deadline - 28th Nov 2013 2. Video Submission Deadline 1st Dec 2013 3. Round 1 Results declaration 5th Dec 2013 4. Final Round (at IIM Raipur campus) - 20th Dec 2013

Registration link
https://docs.google.com/a/iimraipur.ac.in/forms/d/1l8xVDmip5b_e3LcoEJpgmF2NGxNgZWaMM6U CjFdMmuw/viewform Please follow our Facebook page - https://www.facebook.com/Contrepreneurship for updates More details: http://www.iimrp-equinox.com/user/ens_thepitch.aspx

Contacts:
Please reach out to enspirit@iimraipur.ac.in in case of any queries or concerns. Alternatively, you can reach out to the following team members: 1. Abhijeet Kumar 2. Pramod Kumar M 3. Bir Bahadur Singh pgp13001.abhijeet@iimraipur.ac.in - +91-8349501001 pgp13100.pramod@iimraipur.ac.in - +91-8349501100 pgp12014.birbahadur@iimraipur.ac.in - +91-9752446114