Unleashing Entrepreneurial Spirit: Business Plan Competition at Mercato 2024

On December 21, 2024, Jaipuria Institute of Management, Ghaziabad, hosted the Business Plan Competition as part of Mercato 2024, the institute’s annual fest. This event, organized by the Entrepreneurship Cell, was designed to ignite entrepreneurial creativity, encouraging participants to think beyond conventional boundaries and craft innovative solutions to real-world challenges.

The competition witnessed the participation of 15 teams from renowned colleges across Delhi NCR. Guided by the key objective of promoting innovation and sustainability, participants presented groundbreaking yet practical business models. The event provided a platform to develop strategic thinking, financial planning, and marketing acumen while fostering collaboration and networking among peers, industry leaders, and potential investors.

A distinguished panel of industry experts and successful entrepreneurs evaluated the business plans, offering invaluable insights to participants. This iterative feedback process prepared students to tackle real-world challenges effectively and refine their ideas for future endeavors.

Winners:

  • 1st Prize: Seth Anandram Jaipuria School
  • 2nd Prize: Palak Mittal’s team from AKGIM College
  • 3rd Prize: Karan Yadav from Maharishi University

Learning Outcomes:

Participants gained invaluable insights into crafting and delivering compelling pitches, understanding business strategy, and simplifying complex concepts. The competition emphasized time management, confidence-building, and adaptability under pressure, equipping participants with skills to embrace challenges as opportunities for growth.

Key Highlights:

  • Objective: Inspire students to develop impactful and sustainable business ideas.
  • Participants: Teams from 15 colleges.
  • Judges: 2 industry experts.
  • Volunteers: 11 student volunteers contributed to the event’s success.
  • Faculty Coordinators: Dr. Namita Nigam and Dr. Devi Archna Mohanti.

This transformative event not only inspired participants but also contributed to the broader entrepreneurial ecosystem, ensuring a brighter future driven by innovation and collaboration.

Stay tuned for more events like Mercato 2024 at Jaipuria Institute of Management!

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