Business Venture Vault (BVV) National Level Business Plan Competition
Thakur Institute of Management Studies & Research (TIMSR) under the banner of TEG- Thakur Education Group, co-partnered with TCET, TSAP, TGBS& TIMSCDR organised a National level Business Plan Competition- Business Venture Vault, for young entrepreneurs, wherein the students of MMS, Semester-II (Batch 2023-2025) participated along with their groups.
The competition was organised in 2 Levels.
Round 1- Screening – 18th July 2024 – Online Mode
Round 2- Studio – 26th July 2024- Offline Mode
For Round 1, we received registration from 43 teams across India and their Business Ideas were presented on 18th July 2024. Evaluation and screening were done based on: Uniqueness Innovativeness and Feasibility, by Alumni in online mode.
The Alumni were-
1. Mr. Jatin Rai – TCET
2. Mr. Siddharth Jain – TGBS
3. Ms. Poonam Natu – TIMSR
4. Mr. Mehboob Patel – TIMSCDR
5. Mr. Rishabh Jain – TSAP
Out of 43 teams, 16 teams were shortlisted for Round 2 – Studio Round.
On 26th July, 2024, the selected teams for Round 2 presented their ideas before the Jury members within the TEG Campus. The evaluation was done on the basis of Problem statement • Solution to the problem • Market Analysis and Strategies • Cost and Benefit Analysis • Scalability and Growth Potential.
The Jury Members for the Round 2- Studio Round, were
1) Mr. Dishen Shah-Angel Investor
2) Mr. SiddharthSirigeri. Angel Investor in 150 startups
3) Ms. Neeta Jajoo – Co-Founder at Expressions Desiger Interior Design Studio-Online Interior Products Store
4) Mr.Gaurang Kapoor – Angel Investor
Three winning teams of the Business Venture Vault were invited to the Campus on 21st August 2024 and were given the prize money.
The winners were
1st prize – TSAP Team “Van Cart”- Rs.25,000
2nd prize – Vidyalankar Team “ Saaj Handicraft”- Rs.15,000
3rd prize – D.J. Sanghvi Team “Make Plast”- Rs.7500.
The event was successfully conducted and student’s ideas were well appreciated by the Jury Members.