FIIB Concluded Meraki-2016, the Business Plan Competition for UG & PG Students

The 5th Edition of Meraki, the unique Business Plan Competition held on 29th and 30th January 2016 . The event saw the overwhelming response with around 144 teams competing for the top slots. Out of these, the top 12 teams were selected to present their B Plans to the judging panel.

After months of hard work, preparation, and efforts, Meraki-2016, the Business Plan Competition for graduate and post-graduate students, was concluded with full fervor.

FIIB initiated “Meraki” in 2012 with an idea to provide a platform to budding entrepreneurs where their entrepreneurial ideas face litmus test in front of angel and venture capital investors and successful entrepreneurs. After a highly competitive and feedback oriented process of business plan evaluation, winners were awarded entrepreneurship fellowships to help implement and support their ideas.

This year Meraki saw the overwhelming response with around 144 teams competing for the top slots. Out of these, the top 12 teams were selected to present their B Plans to the judging panel.

Name of the Participating Teams and Institutions:

• Eminent - Symbiosis Institute of International Business, Pune
• Gamezop - Shri Ram College of Commerce, New Delhi
• Genesis - Welingkar Institute of Management, Mumbai
• Instadely- Netaji Subhash Institute of Technology, New Delhi
• Invictus- Narsee Monjee Institute of Management Studies, Mumbai
• NeoLabs – Indian School of Business, Mohali
• Saadhan- Institute of Rural Management, Anand
• Samartha- Narsee Monjee Institute of Management Studies, Mumbai
• Swachh Plastic - Fore School Of Management, New Delhi
• Vector Consultancy - Christ University, Bengaluru
• The MAD people- Fortune Institute of International Business, New Delhi
• Weekend Works-Junkart- Shri Ram College of Commerce, New Delhi

One to One Session:

On 30th January 2016, the day started with an enlightening session with Mr. Anshoo Sharma, Co-Founder & CEO, Magicpin. Students got an opportunity to take part in the interactive workshop on “Lessons for Indian Entrepreneur Start-Ups”. During this workshop, students came up-close to Mr. Anshoo Sharma and discussed their B Plans and had a detailed discussion on various challenges faced during the launching of their start-up businesses.

After the knowledge building session, the winners were finally announced. The auditorium was full of anticipation, as all the plans were quite unique and innovative. After much deliberation and deep thought, judges announced the winners:

The Winners Were -

• First prize was bagged by Team Gamezop – Shri Ram College of Commerce. New Delhi
• Second Prize was bagged by Team Weekend Works-Junkart- Shri Ram College of Commerce, New Delhi
• Third Prize was bagged by Team Genesis - Welingkar Institute of Management, Mumbai

The winners were felicitated with a fellowship of Rs.1, 50,000/-, Rs.1, 00,000 and Rs.50,000/- respectively.