PLANATHON 2024: Shaping the Entrepreneurs of Tomorrow
On November 28, 2024, the Institution Innovation Council (IIC) at Jaipuria Institute of Management (JIM) organized the much-anticipated Business Plan Competition: PLANATHON 2024. This event served as a launchpad for innovative business ideas and entrepreneurial thinking among students. With a focus on practical business planning, innovation, and feasibility, PLANATHON encouraged participants to think creatively and present viable business solutions.
Objective
The primary objective of the competition was to:
- Foster entrepreneurial thinking among students.
- Provide a platform for innovative ideas and their practical application.
- Enable students to gain constructive feedback from industry experts.
Event Description
Held in the JIM Auditorium, PLANATHON 2024 provided a platform for 14 teams to present their business plans, tailored to address contemporary consumer needs. Each team had the opportunity to pitch their ideas to a panel of esteemed judges, including Utkarsh Chauhan, JIM MBA alumnus, and Abhinav Sharma, faculty member at JIM.
The judges evaluated the business plans based on:
- Financial Feasibility
- Innovation and Creativity
- Market Potential
- Target Customer Identification
- Prototype/Minimum Viable Product (MVP) Presentation
- Clarity of Financial Projections and Application of Funds
The event saw enthusiastic participation, with students showcasing creative solutions designed to address real-world problems.
Key Highlights
Winning Team:
- Team Members: Chirag Rastogi, Tanya Chittodia, and Nidhi Gupta
- Project Name: Relieve Medical Bed
Runner-Up Teams:
- Second Place:
- Team Member: Anmol Makol
- Project Name: Empower Logistics: Breaking Barriers, Delivery Solutions
- Third Place:
- Team Members: Nikhil, Shubhankar, and Abhilasha
- Project Name: ADO: Where Brands Connect
- Fourth Place:
- Team Members: Aman Upadhyay and Karan
- Project Name: Miss Taxi
Event Outcome
PLANATHON 2024 successfully highlighted the entrepreneurial talent of JIM students. Participants gained valuable feedback on their business plans and insights into market strategies, financial planning, and customer-centric solutions.
The winning project, Relieve Medical Bed, stood out for its feasibility, market relevance, and innovation, earning accolades from the judges. The event inspired not only the participants but also the audience, providing a glimpse of the creative potential within JIM.
PLANATHON 2024 was a resounding success, fostering an entrepreneurial mindset and providing a valuable platform for students to showcase their innovative ideas. The event emphasized the importance of practical business planning and creative problem-solving, leaving participants and audiences inspired.
Jaipuria Institute of Management looks forward to hosting more such events that nurture entrepreneurial talent and encourage students to innovate and excel.
