Author: yazdi

Business Ideas, Business Plans, Calendar, Innovation, Marketing, Mentoring, News, Startups, Technology

Eureka 2014 – International Business Plan Comptetition

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Eureka! – An International Business Plan Competition

Aimed at encouraging people all around the world to unleash their inventive potential and flesh out ideas spanning multiple dimensions, Eureka! is Asia’s largest B-Plan competition as acknowledged independently by CNN and Thomson Reuters.

Designed to emulate the process of the growth of an idea towards a full-fledged startup. Eureka! prides itself on providing a 360 degree, holistic experience in the 5 month period that it spans. Right from acknowledging that your idea has potential, to writing a B-Plan, and pitching in front of an investor- this platform has it all !

Over the 15 years of its existence, Eureka has grown from a competition in which 50 teams competed for INR 50,000 , to a competition which sees over 6000 entries competing for prizes worth INR 4.5 Million with excellent networking opportunities in India and the Silicon Valley !

Eureka! now serves not only as a launch pad for budding ideas, but now has moved to be recognised as a platform for intensive learning of the entrepreneurial ecosystem by interactions and mentorship from the leaders of this field.

With the vision of promoting both business and social innovations, we follow two tracks:

  • Eureka! Business
  • Eureka! Social

Eureka! Business

The trademark of Eureka!, the business track of Eureka! is aimed at helping ideas develop into businesses that have the potential to revolutionize the world.

Eureka! Social

Now into its 4th successful year, Eureka! Social aims at helping build innovative enterprises and technology to aid the strata at the bottom of the pyramid and/or build a greener tomorrow. With associations like NSEF, Ashoka and Villgro, Eureka! Social runs as a parallel side track to Eureka! Business.

Click Here for more

Finance, Innovation, Mentoring

Microsoft Ventures

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CaptureMicrosoft Ventures is a strategic partner for promising startups around the world focused on business growth & development, industrial strength technology and beautiful usable products. Build locally, scale globally. We help smart companies take flight.

Every startup is unique. Microsoft Ventures has programs to help, no matter what stage of development your startup is in.

Click Here for more

 

News

Inviting Comments for MSME factories

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Inviting comments/suggestions on the proposed Draft of “The Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014.

The Ministry of Labour 85 Employment proposes to bring a comprehensive labour law for Micro, Small and Medium Enterprises (MSME). In this regard, draft Bill viz. “the Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014” has been finalized after extensive discussions by the Working Group constituted by this Ministry.
2. The draft Bill viz. “the Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014” has been uploaded on the website of the Ministry of Labour and Employment i.e. http:/labour.nic.in for inviting comments/suggestions from the general public.

3. It is requested that comments on the proposed Bill may be sent to Shri S.C. Sharma, Deputy Director [IR(PL)], Ministry of Labour and Employment, Room No.309(A), Shram Shakti Bhavan, Rafi Marg, New Delhi-110001 (sc.sharma56@nic.in or Mr. Piyush Sharma, Consultant, Ministry of Labour 85 Employment, Room No.502, Shram Shakti Bhavan, Rafi Marg, New Delhi (pivushsharma del@yahoo.com) by 10th November, 2014.
(BABU CHERIAN)

DIRECTOR

T.No.23753079

Small Factories Employment Bill

Circular Inviting comments Small Factories

Courtesy : Minocheher Damania

Motivations, News, People / Stories

What Went Wrong: 101 Failed Startups Tell All

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Worried about your startup? You are not alone.

That’s the subtext to a new study from CB Insights, which goes into the 20 reasons startups are likely to fail. The study has everything, from weak founding teams to failed pivots to overbearing investors.

This is not exactly the first study about startup failure, of course, but it’s a bit different from many others. First, it’s compiled from 101 startup failure post-mortems, rather than from a survey asking CEOs what went wrong. That gives it a level of detail you don’t often see. Second, it’s focused on venture-backed, fast-growth (well, they intended to be fast-growth) companies, which is a unique universe. Last, it contains many extended quotes and anecdotes from founders, who, at least in the samplings made available through CB Insights, seem to be remarkably candid.

What went wrong? In most cases, quite a few things, which is why the numbers in the study add up to more than 100. But here are the five most common problems.

  1. No market need: 42 percent

  2. Ran out of cash: 29 percent

  3. Not the right team: 23 percent

  4. Got outcompeted: 19 percent

  5. Pricing/cost issues: 18 percent

Read more: http://www.inc.com/kimberly-weisul/what-went-wrong-failed-startups-tell-all.html

Business Plans, Motivations, Startups

TiE International Business Plan Competition – 2015

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The TiE International Business Plan Competition is the world’s richest BPlan contest organised by TiE in association with Rice University. This competition provides professionals, entrepreneurs and graduate-level University students a chance to compete in World’s largest and most successful Business Plan Competition. Last year, TiE reached a great milestone with a submission from TiE Kolkata, BetaGlide, who took home over $1million in investment at Rice University.

Like last year, this edition too has a 2 track competition in which teams can choose either the Investor (Open) Track or the Rice University (Student) Track.

Those who choose the Rice Track must meet additional eligibility requirements including having at least two student team members on their team, one a graduate level student. There exists a common application process for both tracks.

Click Here for more details

Motivations, Social Entrepreneurship, Startups

India Innovation Initiative 2014

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India Innovation initiative 2014 is now accepting applications from Innovators, NGO’s and Companies for development of break-through technologies that will benefit society. The objective of this initiative is to strengthen the entrepreneurial eco-system in the country and short-listed projects stand a chance of receiving funding from government agencies to take their ideas to the market.

 

This year , the initiative is accepting applications under the following Innovation Categories and Submissions

Education
Healthcare
Water
Energy
Transportation
Agriculture
Sanitation
Infrastructure
Environment
IT & Communication
Skill Development
Others

Important Dates

Last date for Online Submission of application form : 15 Oct 2014
Announcement of shortlisted projects : 25 Oct 2014
National Fair at Knowledge expo 2014 : 20-22 Nov 2014
To know more and submit your applications visit : http://www.i4c.co.in/cii

Courtesy : India Microfinance

Startups

14 Steps to register a startup company in India

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14 Steps to register a startup company in India

How to Register a private limited company in INDIA?

Registering a company in India can take anything from 15 days to as many as 35 days, though instances of getting the certificate of incorporation in a day to a week are also there. Registration of all sorts of companies in India is overseen by the Registrars of Companies (ROC), appointed under Section 609 of the Companies Act 1956. Every state has a regional office of the ROC to oversee the registration process. The ROC is vested with the power to register companies in India and also ensure they comply with all statutory requirements under the Act.

Click Here for the steps and the approximate costs