Business Plan Competition
IIT Roorkee hosts E-summit on Feb 1st-2nd, 2020
IIT Roorkee Heritage Foundation strives to keep the entrepreneurial fire ignited in IITR students and alumni.
Listed below are a few alumni who have been spectacularly successful in the entrepreneurial world and have offered to help IITR students and alumni. If you are an entrepreneur and willing to be part of this program's eco-system, please share your information to publish it here.
PROGRAM CHAIRS: Job Description
Idea Storm - Business Plan Competition 2020
Idea Storm is annual business model competition organized by E-Cell (entrepreneurship cell) at IIT Roorkee at its flagship event E-Summit (https://www.esummit.in). IITRHF sponsored cash awards for a total of INR 1 lac (https://www.esummit.in/sponsors).
Over 30 IITR teams showcased their business, vision, and novelty, of which top 15, adjudged as the best, got mentor ship from various angel investors, venture capitalist, and industry leaders, and these 3 finalists were awarded IITR Business Plan Competition prize.
First Prize: Mooshak
Mooshak propose to facilitate the delivery of packages through an existing travel infrastructure. Existing package delivery services are convoluted, cumbersome and ineffective at the same time, Mooshak solves this by building a platform that dissolves information asymmetry and brings ease of access back to the people. Mooshak connects people travelling from one point to another and people that need to deliver packages through the same line. Imagine a world where you can make your package hitchhike on a biker travelling from your home in New Delhi to some remote village in Ladakh. Mooshak is like Uber for your package.
Second Prize: Work Like This
The idea is to prevent back pain by posture correction. This is done by two means. One to track the posture by a small electronic device and the second by a deep learning algorithm to do the same by data from the camera of laptop only.
Third Prize: Ark
Embarked upon the journey of targeting significant loads of untreated floral waste and preventing its dumping and polluting the aquatic systems, ARK aims up-cycling the floral waste to make useful consumer goods, the first one being the ARK incense sticks, that are processed from the flowers collected from dargahs and temples. Currently, we are working in collaboration with an NGO "The spinal of youth" based in Kaliyar, a town near Roorkee, where we collect the waste flower from the Kaliyar Dargah, and teach the local village women to make incense sticks.
Prizes: First: Rs 50,000 Second: Rs 30,000 Third: Rs 20,000
IIT Roorkee Event Managers: Sid Garg, Pranay Jain & Vaibhav Khandelwal
Idea Storm Participants @IIT Roorkee
Awards made possible by a generous grant from Mr. Raj Singh (EE, 1968)
Students' feedback for our efforts
Notable IIT Roorkee Entrepreneurs
If you have ever been a part of a start-up, served as an executive (VP or above), or been a partner in a venture, we would like to hear from you and share your success story with others. Please follow the link below to share your information.