Entrepreneurship Cell @FMS, Delhi

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NATIONAL ENTREPRENEURSHIP CHALLENGE 2005

National Entrepreneurship Challenge 2005 (NEC' 05) is the first endeavor of E-Cell after its inception towards realizing its mission. This is the first of its kind Business Plan competition by any B-School in India where participation was invited from both Undergraduate and Post-graduate students of various colleges across the nation.

NEC sponsored by YES BANK is an earnest attempt to help people in nurturing their dreams of creating new things from scratch. It aims to provide a platform to help people in showcasing their ideas and structuring their thoughts in the less explored field of entrepreneurship.

The event is being conducted at two levels:

The Undergraduate Level
The Post Graduate Level

The contest is open to all Postgraduate and 20 Undergraduate colleges across India. The contest is a three stage process which involves:

Executive summary selection
Mentorship
Final Presentation in front of the Board of Directors and Venture Capitalists

To help the teams in their business plans the teams will be getting guidance from the mentors who will provide them critical inputs on how to make the plan into a viable business model.
The final presentations of the business plans will be in front of the Board of Directors who are industry luminaries and have several years of experience.
The event has the backing of the venture capitalists and the top teams will get the chance of presenting in front of the venture capitalists panel. The final aim of the plan should be to help top two teams realize their dream of starting up.

Knowledge partners: NEC 2005

Confidentiality: The plans of candidates are their personal properties and will be treated with utmost respect. Thus no plans will be circulated in public domain

NEC'05: RESULTS

Undergraduate - Results:

Entrepreneurs of the Year
Swapnil Zarekar, Satish Meena and Somesh Gaur, IIT Mumbai

Runner's up
Gautam Gupta, Atul Bansal and Devesh Mittal, IIT Kharagpur

Postgraduate - Results:

Entrepreneurs of the Year
Saba Sharma and Neha Agarwal, NITIE Mumbai, and Amit Chitnis, XLRI Jamshedpur

Runner's up
Kapil Agarwal, Prakash Jha and Shailesh Mugal, FMS Delhi

The Final Judging Panel:

1.) Mr. Vivek Gupta, MD, AT Kearney
2.) Mr. Ajay Shriram, Chairman & MD, DCM Group
3.) Mr. T.N. Ninan, Editor & Publisher, Business Standard
4.) Prof. A.S. Narag, Ex-Dean & Professor, Faculty of Management Studies
5.) Mr. Arman Zand, Silicon Valley Bank (Venture Capitalist)

We heartily thank our Dean, Board of directors and Knowledge Partners for aiding in the evaluation, all the participants for showing interest in NEC 2005 and making it a huge success and waiting patiently for results.