IIT Roorkee in partnership with Geodesic today kick started its nationwide contest ‘Isis- The BPlan Competition’ to endorse the spirit of entrepreneurship and promote next-generation entrepreneurs in India. The winners of ‘Isis- The BPlan Competition’ named after the Egyptian Goddess of creation, will not only be awarded cash prizes but also be given incubation facilities to nurture their business plan and access to mentor panels and venture capitalists.

An initiative of the Entrepreneurship Development Cell (EDC) of IIT Roorkee, this unique contest is open to students of all recognized universities across India. Participants have to submit an original business plan by 25^th Feb 2007 which will be screened by a panel of judges comprising established entrepreneurs, VC's, mentors, incubators and experts from the relevant fields. 10 best plans will be selected for the final presentation round to be held on 17^th Mar., 2007. The 3 winners will be awarded cash prizes worth INR 50,000/-, 25,000/- and 15,000/- respectively and the option of incubating their companies with STEP (Science and Technological Entrepreneurially Park) at IIT Roorkee for a period of 1 year.

Commenting on the contest Prof. P. K. Garg, Staff Advisor EDC, IIT Roorkee said, “This contest is a re-iteration of our ongoing endeavor to infuse the entrepreneurial spirit amongst the present-day student community, which we believe will usher in the next wave of growth in the Indian economy. We are delighted to have the support of Geodesic, a company that is equally committed to encouraging entrepreneurial pursuits and novel business ideas.”

Citing excitement on their role, Mr. Pankaj Kumar, Chairman-Geodesic, said “This contest is in keeping with the entrepreneurial spirit that Geodesic as a company stands for. As an innovative product company, we at Geodesic have always fostered the spirit of innovation and tested with marketability of path-breaking revolutionary ideas. As an extension of the same ideology, we are very enthusiastic about supporting EDC, IIT Roorkee which has exhibited an unyielding commitment towards incubating promising business innovators into successful entrepreneurs.” 

Sourced From: Text 100 Public Relations Consultancy