IIT Kharagpur and International Business Model Competition (IBMC) are all set to host Empresario 2017, an initiative by the Entrepreneurship Cell of the college.

The cell is a student organization established with the aim of fostering the spirit of entrepreneurship among college students in India.

It aims at developing upcoming start-ups into successful companies by conducting Empresario, India’s only global business model competition.

It accepts business ideas in all fields including product and service, product design and social categories.  Each of the entries will get equal opportunity to win the prize and incubation money to the tune of Rs 2.5 crore.

The shortlisted entries will be provided help in terms of mentoring and the winners will also get a much sought after chance to pitch their ideas in front of some of India’s biggest VCs and investors.

The best entries in all categories will get an opportunity to participate directly in the semi-final rounds of IBMC 2017, which will be conducted abroad followed by the grand finale at Global Entrepreneurship Summit (GES), 2017, the largest collegiate entrepreneurial summit held in January in India every year.

Interested students can find application details on the website www.ecell-iitkgp.org/empresario

Source: Times of India