EVENTS>IEC'08>FREQUENTLY ASKED QUESTIONS:

Who are the Board of Directors?
- Board of Directors are people who are at the senior most level in the company and have a lot of industry experience. They help Entrepreneurship Cell by guiding them during all the activities.

What is the scale of International Entrepreneurship Event?
- The event is open to all Postgraduate, Undergraduate schools, Corporates and Startups.

Can I be in more than one team?
- No, an individual can be a member of only one team.

Can I get a copy of business plans?
- No. Complete confidentiality of the plans would be maintained. We believe that the plans of candidates are their personal properties and will be treated with utmost respect. Thus no plans will be circulated in public domain

Are the four categories - postgraduate, undergraduate, corporate and start ups different?
- No, all four categories are considered equally as far as grading/evaluation is concerned.

 How will the Executive Summaries be screened?
- The Knowledge Partner shall aid in evaluation of Executive Summaries.

 Who are the mentors guiding the teams?
- Mentors are persons who are at senior level in the their respective industry having around 8-10 years of experience. Persons who have seen various facets of business so that teams can benefit from their insights. the Knowledge partner shall also help in Mentoring the teams for IEC 2008.

 How will the mentorship be provided?
- Mentors will be communicating with their teams mainly via e-mails and phones. In case the teams and mentors are in the same location, based on the mutual convenience the teams and mentors can meet

 When will the Mentorship be provided?
- Once the Executive Summaries are screened, 20 - 30 teams would be selected. These teams would be provided mentorship to get insights in developing their final plans.

 Who are the judges?
- The final presentation would be in front of the Board of Directors who are very senior people from the industry.

 Are the venture capitalists in the panel?
- Yes, the venture capitalists will be on the evaluation panel of the business plans. 

 Are the top teams assured of the venture capitalist funding?
- No. It is up to venture capitalists discretion and business interest to provide venture capitalist funding any finalist.

 Are the top teams assured of the incubation facility?
- No. Incubation Partner would select the entries based on his evaluation criteria.

 Will there be accommodation and travel arrangements for the teams?
- Yes, we will provide the accommodation and travel reimbursements from your respective place to Delhi. The selected teams would be reimbursed a maximum of two-way 3rd AC train fare. The reimbursement would be for the shortest route between the participants' place and Delhi upon presenting the copy of tickets. However, teams winning cash prizes will not be eligible for any reimbursements.

* If you have further queries kindly mail your enquiry to ecell@fms.edu with the subject line IEC08_Query-[Subjectline]. Alternatively, you can call the organizers between 6:00 PM & 11:00 PM.