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What makes Eureka Asia’s Biggest Business Plan Competition?

What it has been over the years?

• Eureka! has led to the birth of fourteen successful startups in five years – Voyager Infotech, Myzus, eInfinitus, Herald Logic, Whizlabs, TheraNova, Duesco, Embedded Robot Technologies, Phonologies, PowaiLabs, Techsoft, Eisodus Networks, Convis and Genesys.

• Eureka! was recognized as “Asia’s largest business plan competition” – CNN ’01

Top CEOs, industrialists and entrepreneurs like Kiran Mazumdar Shaw, Ajay Piramal, Hetal Gandhi, Kanwal Rekhi, Sabeer Bhatia, Nandan Nilekani, Abhay Havaldar, Randy Komisar, Ajit Shelat, Mahesh Murthy among many others have been associated with Eureka!.

• Eureka! has been associated with a broad spectrum of major institutions in the industry such as CNN, Hewlett Packard, TiE, Intel, Tata, The Wadhwani Foundation, Indian Express, FICCI, NASSCOM, IOCL, ICICI, Trilogy, Department of Science and Technology (Government of India), Entrepreneurship Development Board (Government of Singapore) and Bombay Stock Exchange (BSE).

• Winners of Eureka! have been invited to various international conferences and competitions – Stanford’s Global Entrepreneurship Challenge in 2000 and 2001, Technology Innovation Competition (TIC) in Taiwan in 2001, Global Start-up B-Plan Competition, Singapore in 2001, 2002, 2003, 2004 and 2005.

• The Eureka! 2005 winners were felicitated by the National Entrepreneurship Network (NEN) at TiECon India 2005.

When does it happen?

The whole process starts with your registration. Registrations for Eureka! 2006 begins on 7th August 2006 and closes on 1st October 2006. Eureka! 2006 is divided into three stages, extending up to February 2007.

Who can participate?

Eureka! 2006 is open for students and working professionals from all over the world who wish to convert their ideas to successful enterprises.

Why participate?

Cash Prizes:
• First Prize : Rs. 2,00,000
• Second Prize : Rs. 1,20,000
• Third Prize : Rs. 80,000

Top Student Team: Rs 50,000
(Amongst the remaining finalist)

Other Incentives

• Apart from the total prize money of Rupees 450 thousand, the complete process will include intensive mentoring at each stage.
• Final presentation will provide the finalists with an opportunity to present their business plan to Venture Capitalists and Incubators to secure funding and incubation.
• Short listed participants will also be able to interact with first hand entrepreneurs to share their experiences.
• Winners of Eureka! are invited to networking events and international
business plan competitions like Global Start-up, US Singapore and U.C Berkeley.

Where do i get more information?

For registration and other details, please check the Eureka! Website at http://eureka.iitbecell.org

For any further queries contact

Nishikant Dhanuka,
Manager, Public Relations
The Entrepreneurship Cell
IIT Bombay
Contact – 9869755707
Email – nishi@iitbecell.org