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November 09,2019 BML Munjal University

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Speakers

Propel19

Entrepreneurship and Innovation have been a hallmark of the Hero Group. Under the aegis of BMU, a number of initiatives exist-first being the Institute of Innovation & Entrepreneurship, which aspires to transform society by pursuing Research-led, innovative and practical solutions for high impact inclusive growth.

Tracks

Students & Recent Graduates

Product | Technology or Service | Social Impact

Growth / Accelerator

Startups incorporated within last 3 yrs

Categories

PRODUCT

Anything which is tangible can be defined as a product. In this new era of advancement, the budding entrepreneurs can come up with any simple product ideas and they would be helped in every possible way. The usage and benefits of the product idealized must be clear so as the jury can understand the core value offering of the same. The product must bring about a change in the lives of the targeted customer. Hence the targetted segment of the product must be clearly specified and the product should make use of proper positioning techniques to make it profitable and feasible.

TECHNOLOGY OR SERVICE

A process innovation combined with a blend of technology or both done separately comes under this category. The jury must be able to understand the value proposition of the offering so as to avoid ambiguity. Hence the core benefits of the idea must be simple and clearly specified. The innovation thus made must be developed in such a way that it can be monetized. A sustainable business model must be made so that the idea can be propelled into a profitable business venture which would allow to bring about a change in the society.

SOCIAL IMPACT

1 ‘Kicker’ Prize - This incentive, called “kicker”, will be awarded for the best idea across any of the general theme of the United Nations Sustainable Development Goals (UNSDG). In addition to the Primary Prize Judging Criteria, these prizes will recognize an innovation for a product, service, or process that encourages or supports this in a sustainable manner. Evaluation criteria would also include: A clear understanding of the challenge or social problem, addressing the problem in a feasible manner and a viable and sustainable business model.

Areas where Propel19
will be focusing on:

  • Key challenges faced by an Entrepreneur like Logistics, Operations, Marketing Strategy.

  • Adopting a life cycle approach from inspiration to implementation of path breaking ideas.

  • Integrating research insights from multiple discipline to create practical solutions and sustainable development.

  • Bringing together stakeholders across local communities, enterprise, non-profit organisations and governments aligned to a common cause.

WHAT’S IN IT FOR YOU?

Meet Potential Investors

Pitch to a high ranked jury

Quick Feedback

Get unbiased feedback and advise

Enhance your Network

Connect with like-minded entrepreneurs

Win Exciting Prizes
Gratification upto ₹ 12,00,000*

Social startup

  • 1 lac funding,
  • 50k cash prize,
  • 3 months group mentorship with IAN,
  • Pitching opportunity*
  • Free access to Oyo co-working space
    for a period of 3 months
  • Free 1-year current bank account
    with a leading bank

Student (Technology/Product)

  • 2.5 lacs funding each
  • 50k cash prize each
  • 3 months group mentorship with IAN
  • Pitching opportunity*
  • Free access to Oyo co-working space for a period of 3 months
  • Free 1-year current bank account with a leading bank

Accelerator category

  • 50k cash prize
  • 6 months mentorship with IAN
  • Pitching opportunity to IAN
  • Free access to Oyo co-working space for a period of 3 months
  • Free 1-year current bank account with a leading bank



Are you ready to grow with your venture?

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