Ignition is the business model competition designed to emulate the process of the growth of an idea towards a full-fledged startup. The basic motive of this B-model is to connect the budding entrepreneurs with investors giving start-ups a leap. Right from acknowledging that your idea has potential, to drafting a B-Model, and pitching in front of an esteemed panel of investor- this platform has it all. The stages of the B-model competition include-
- Workshop – 27 th August
- Submission of model
- Final round
B-model is indeed of great importance because along with giving clarity for business, it provides the budding entrepreneurs the required details about a business including the target audience, competitors and scope in the future. Also the B-model contains the relevant information that is required by the investor. The primary motive for implementing this competition in our college is solely intended to set alight the entrepreneurial spirits among the students so as to educate and inspire smarter entrepreneurs who want to launch ventures that are more successful.