Rules for Startup Simulation
A strategic event where participants pitch and simulate business models for innovative tech startups.
Team Composition
- Open to all students irrespective of their branches and year.
- Each team consists of 2 members or individual, acting as a startup founding team. Teams must develop and pitch a startup idea which should be unique and non-implemented.
- Participants must maintain respectful behaviour; any violation of the rules will result in disqualification from the competition.
Event Format
- Ideation Phase – Teams brainstorm and outline their startup concept.
- Business Model Development – Define revenue streams, market strategy, and feasibility.
- Pitching Round – Teams present their startup to a panel of judges (5-7 minutes).
- Q&A & Evaluation – Judges challenge ideas with real-world scenarios.
- Results – Winners are announced based on judging criteria.
Judging Criteria
- Innovation (20%) – How unique and creative the idea is.
- Market Potential (20%) – Demand and scalability.
- Business Model (20%) – Clear revenue and sustainability plan.
- Feasibility (20%) – Practicality and execution potential.
- Presentation Skills (20%) – Clarity, confidence, and persuasiveness.
Prizes
- Winner prize : Cash prize with certificate.
- Runnerup prize : Medal with certificate.
- Participation certificates will be awarded to all participants.
Registration fee
- ₹150/- per team (Group of 2)