Friday, 8 September 2017


V-Guard’s ‘Big Idea Business Plan Contest-2017’, invites students from B-schools and Engineering Colleges across India to propose a well thought through, creative and comprehensive business plan for V-Guard’s future growth and consolidation.

Big Idea Contest - The Challenge

V-Guard is all set for the next giant leap in Appliances Segment. What do you think should V-Guard’s strategy be? What products should it launch?


The submissions should cover all the aspects of a typical business plan. The aspects should include

Feasibility Study of the Business Idea through Consumer Research
Customer Value Analysis
Financial Feasibility and Projections

Market Penetration and Market Development Plan

The contest comprises of different phases. 
The teams have to register online before 18th September 2017. 
An online brief will be sent to the registered teams. 
The teams would then have to submit a short executive summary of their business plan for V-Guard on or before 26th September 2017. 
The top 20 teams shortlisted will be intimated by 13th October and will then advance to the contest’s finals. 
The Top 20 teams should then submit their final written report of the plan on or before 23rd October 2017. 
This will be followed by an oral presentation before the Top Management of V- Guard. 
The performance of the teams would be evaluated based on the written report and the oral presentation. 

Prizes
The first prize of Rs.1,00,000 & Summer Internship Program with stipend for 1st year participants, second prize of Rs.50,000, third prize of Rs.25,000 and two special jury awards of Rs.10,000 each await the winners. The Business Plan Contest Finals will be held on 3rd and 4th November 2017.

Rules & Regulations
RULES REGARDING EXECUTIVE SUMMARY
The executive summary should preferably be typed (double space) on bond paper, (size 11”8”), leaving 3 cms margin and should not be more than 2000 words. Charts, diagrams, etc. may be included to support any research work or data collection.
The first page of the written presentation should have the format. Click here to download the format.
GENERAL RULES
  • The number of members in a team should not exceed 3.
  • The participants must produce ID cards on request.
  • Registration Fees: Rs 1000/- per team from a college.
  • Participation will be confirmed subject to receipt of participation fee. The fee paid is non-refundable.
  • The decisions of the judges will be final and binding on the participating teams.
  • Participating teams are requested to visit the website (www.vguard.in/contest) for any updates about the competition.
  • Organizers have the right to make changes in the event if necessary


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