12 Hour Billionaires

Event duration: 12 hours (precise start and end time will be announced soon)
Team size: 4 members
Objective: To develop a comprehensive business model and plan within 12 hours.
Challenge: Identify a market gap, propose a solution, and develop a sustainable business model around it.

Guidelines:

• A registration fee of Rs.49/- has to be paid on the website for the event.
• Only those entries will be considered valid who have registered on Unstop and complete the payment on the website. Anwesha website URL
• Join the WhatsApp group for any queries. Whatsapp group 

Judging Criteria:

• Problem Identification: Clarity and significance of the problem addressed (20 points).
• Solution Design: Creativity, feasibility, and potential impact of the proposed solution (25 points).
• Business Model: Robustness, scalability, and potential for financial success (20 points).
• SWOT Analysis: Accuracy and insightfulness of the analysis of strengths, weaknesses, opportunities, and threats (15 points).
• Future Endeavors: Vision for the future growth and development of the business (10 points).
• Additional points:
  
  • Graphical and pictorial data: +5 points
  • Expert insights: +5 points
  • User personas: +5 points
  • Competition analysis: +5 points

Bonus Challenge:

Define the market gap within the first 2 hours and unlock a secret weapon: a dedicated subcord member from the Finance Club to guide and assist your presentation!

Presentation:

Showcase your brilliant ideas through a compelling 2-slide PPT. Make it impactful, engaging, and visually appealing!

Submission Format:

• A single PDF document containing all sections
• Maximum file size: 10 MB
• Font: Times New Roman, size 12
• Line spacing: 1.5
• Margins: 1 inch
• Page numbering: Required

Additional Rules:

• All team members must be currently enrolled students of IIT Patna.
• Plagiarism will result in immediate disqualification.
• The decision of the judges is final and binding.
• The Finance Club reserves the right to modify the rules at any time.

We look forward to your participation!

Organizers:

• Tanishq: +91 70148 51643
• Ayush: +91 74619 56834

Rulebook