International Entrepreneurship Challenge

This is the Flagship event of E-Summit 2019. You have your team, you have your idea, but you’re still looking for opportunities to realize your start-up potential. This is the place where magic happens! Pitch your idea in front of a panel of renowned VCs and investors. The best start-up takes home the prize money! Not only that, you get a chance to build connections, seek the missing ingredient (if any) in your start-up and live your dreams!

                                                  Prizes Worth 10 lacs Up for grab & Investment over 10 Crores !!

Funding opportunities available for finalists and Top 3 Teams: 
  1. High-potential of funding on priority by Investors in jury panel for IEC finalists
  2. Fast Track to Final Round (Opportunity to build prototype and launch for free, pitching to further investors)
  3. Cash Rewards for Top 3 Teams
  4. Non-Cash Rewards (free services, website server etc.) for Top 3 Teams

Event Structure: International Entrepreneurship Challenge consists of two stages:
Stage 1:
  • The participants are required to register here
  • Registration Deadline: 27th January 2019
  • Registration Link : https://bit.ly/2AJpP0x 
  • Submit your business idea. A presentation deck that describes your start-up and business plan
  • Acceptable formats – PDF (ppt converted to pdf)
    OR
    Submission of a 3-minute Video pitch about your start-up. Acceptable formats mp4/avi. Size limit 10 MB
  • Submission Deadline: 27th January 2019
  • Results Declaration: To be announced
  • Shortlisted teams make it through to the next round
  • E-mail your submission with file named “IEC_TeamName.pdf” to ecell@fms.edu with subject line “IEC Submission Stage 1 - TeamName”

Stage 2 (On campus):
  • Submission of a full fledged pitch of your start-up to be presented on 9th February
  • Panel consisting of Investors, Accelerators and other partners to judge the ventures
  • Time limit: 10 minutes for presentation and 5 minute for Q&A with the panel
  • On campus presentation and results declaration 10th February 2019

Rules:
  • The competition is open for students from both undergraduate and post-graduate courses and entrepreneurs
  • The team can comprise of participants from different institutes/organizations.
  • In case of plagiarism, late submission or unavailability during presentation the team maybe disqualified.
  • The final decision lies with the organizers and by participating you confirm to abide by the rules of the competition and the decision of the organizing team.

A glimpse from the past​

IEC 2009
  • One of the Largest Business plan Challenges in India
  • Participation from all over the world. 
  • This included Students (Post Graduate & Under Graduate),
  • Research scholars, Corporates and Start-ups from all over the globe.
  • Mentorship Program for chosen teams to the tune of one month by industry luminaries.
IEC is a International Level Business Plan competition. It is unique in its quest to provide a platform for the budding Entrepreneurs of tomorrow to come to the forefront and achieve what they dream with guidance from mentors and knowledge partners. It is unique in its quest to provide a platform for the budding Entrepreneurs of tomorrow to come to the forefront and achieve what they dream with guidance from mentors and knowledge partners. 

The IEC was scaled up to go international in 2006 after the success of the National Entrepreneurship Challenge (NEC)' 2005 and got the distinction of becoming the biggest B-Plan competition in India. Continuing on the legacy, we had better and grander editions of International Entrepreneurship Challenge.

  1. Applications are invited from Under-Grad and Post Grad Colleges and Start Ups across the world.
  2. Historically the application number has been 250-300. Entries coming from top IIMs and other B-Schools. 20-30 Entries are International.
  3. The event gets Media Coverage from Print and Video Media.
Previous Year IEC gallery