Be An Angel
Indian Institute of Technology (IIT), Patna
All that you need to know about Be An Angel
Description:
Embark on a thrilling journey as you become an angel investor with 5 million rupees in 'Be an Angel'. Dive into the dynamic world of startup funding, crafting investment strategies to maximize your portfolio's potential. Experience the adrenaline rush of facing off against judges as you compete to invest in the most promising startups. Gain invaluable insights into the investor's mindset. With high stakes and endless possibilities, this immersive experience offers a unique opportunity to explore the intersection of entrepreneurship and investment, leaving you poised for success in the competitive startup ecosystem.
Rules:
This event is designed as an individual competition, featuring the Presentation Round.
Round 1: Presentation Round
- Each investor will have a capital allocation of 5 million rupees specifically designated for investment in the list of startups allocated to them.
- Investors will be assigned four startups for investment consideration. Investors are not restricted in the number of startups they choose to invest in or the amount of capital they allocate to these ventures. It is imperative for investors to invest in at least one startup from the allocated list.
- Investors will need to prepare a presentation outlining their investment decisions. The first few slides must contain the details of all four startups allocated to them, including their basic information. Subsequent slides will elaborate on the reasons for the investments.
Submission Guidelines:
- Case studies must be original work created specifically for this competition.
- Submissions must adhere to the specified format and guidelines provided by the organizing committee.
- Any sources referenced must be properly cited within the case study.
Result:
You will be judged on the following criteria: whether the startup in which you are investing is
- scalable
- attractive to potential acquirers
- providing the potential exit you need
- having a product validated by customers and meets other criteria
- a large market
Note:
- The criteria are not limited to only these.
- Any money left will not contribute to the final score. But in case of a tie, the investor with more startups will be ranked better.
Terms & Conditions:
- If an investor invests capital exceeding the allocated amount will face disqualification.
- The final decision will be made by the judges. In the case of any disputes, the decision of the organizing team will be deemed final.
Important dates & deadlines?
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15 Mar'24, 12:00 AM IST Registration Deadline
Contact the organisers
Send queries to organizersRewards and Prizes?
Winner
About Indian Institute of Technology (IIT), Patna
- Indian Institute of Technology, Patna (IITP), one of the new IITs, was established on August 06, 2008 by an Act of the Indian Parliament.
- IIT Patna has 10 departments and is situated at Bihta which is approximately 40 kilometers from Patna.
- Recently, IITP has been ranked as the 19th best engineering college in the ranking released by the Human Resource Ministry, Government of India.