MET INSTITUTE OF PGDM

Presents

MET SRUJAN 2024

NATIONAL LEVEL BUSINESS
PLAN COMPETITION
th
20 February 2024 • 9:30 am - 5:00 pm
 GENERAL RULES
• Business plan competition will be held offline at the campus for Mumbai participants and
online for outside Mumbai participants (Participants have choice to travel to Mumbai) on
20th February 2024. Reporting time at MET PGDM Campus is 9.00 am
• Participants need to register as an Individual or team via Google form
https://forms.gle/abwYAVx3qbFJVMDe8 consisting of a maximum of 5 and a minimum of
2 members.
• After filling registration form participants will receive confirmation mail to submit Abstract of
the business plan.
• Your abstract will be reviewed by our screening team for plagiarism and originality of the idea.
• You will be updated about the status of your abstract submission via email.

TIMELINE
• Submission of intent to compete via Google form: 1ST February 2024 by 5.00 pm
• Registration Link : https://forms.gle/abwYAVx3qbFJVMDe8
• Abstract submission on harshadam_pgdm@met.edu : 10th February 2024 by 5.00 pm
• Selected Business Plan Business Plans to: harshadam_pgdm@met.edu : 15th February
2024 by 5.00 pm
• The Big Day – The Final Competition Event. Finalists present their Investor Pitches in front of
a panel of judges and a live audience: 20th February 2024

EVALUATION CRITERIA
• Content of the plan, including the thoroughness and quality of the analysis
• Effective use and impact of the prize money
• Effective use of business information and research
• Clear communication
• The probability of a successful launch
• Community Impact and job creation potential
• Quality and effectiveness of the final presentation (in the event the applicant becomes a
finalist and is invited to present)

ELIGIBILITY
Students pursuing graduation/post graduation from any recognized degree/ diploma institutions
in India

BUSINESS PLAN FORMAT

Business Plans are to be submitted as a single, printable PDF file. Plans are limited to seven
pages including a one-page executive summary (but not including a cover page and single
table of contents page).
However, the written plan may include up to six additional pages of appendices.

Page format is one line spacing with one-inch margins all around and 12 point times new
roman font. This line spacing and font requirement applies to the textual content of the
document and not to titles and descriptions accompanying pictures, graphs, tables or
worksheets. All pages must be numbered excluding the cover page.
The cover page must include the venture name, team members, and logo if available.

Financial data should be summarized and highlighted in the written plan, with supporting
details and spreadsheet information in the Appendix. Startup costs, how investment will be
used, along with income and cash flow statements are appropriate.

COMPONENTS OF THE BUSINESS PLAN

• Cover Page • Executive Summary • Business Overview/Description • Competitive Analysis
and Advantages • Market Opportunity • Product Description and/or Services • The Market -
Market analysis • Organization and Management Team • Financial Analysis and Funding
Request

EXECUTIVE SUMMARY INCLUDES

• Business description concept - what customer pain are you solving. Value Proposition
• Business Model • Target market and need • Competitive advantages • Financial summary -
include breakeven point, and over a 3 year period revenue trend, and gross margin • Funding
requirements: what do you need?

BUSINESS OVERVIEW INCLUDES

• Company description and business model • Value proposition-financial • Value proposition -
social or environmental • Vision • Current Status • Current or committed funding and all funding
sources

MARKET OPPORTUNITY
• Describe and define the problem • What is the Customer’s Pain that you are going to solve?
• How are you going to solve it? • Competitive Analysis (analysis of the current competition
and assessment of why the problem is not being solved by competitors)

MANAGEMENT TEAM
• Founders and key management • Industry experience; Educational backgrounds • Board of
advisors (critical to the assessment of the overall viability; can develop the team's experience if
needed) • Optional: Board of directors (3 required by law, usually not until first round of
institutional funding is in place)

FINANCIAL ANALYSIS
• Include an analysis of your financials that includes a breakeven point, and a spreadsheet
that covers a three-year period. • Gross margins over a three-year period • Revenue over
three years • Cash Flow over three years • Profit

REASON FOR THE INVESTMENT

Explain how you will use the funding to support/start this business venture and sustain it
beyond the initial funding.
 SUBMISSION
• Written Business Plans will be forwarded to a panel of judges for review prior to competition
• Six Finalists will be selected.
• The finalists will prepare a five-minute pitch for the Investor Pitch Competition to be
presented in from of the judges and a live audience

THE FINAL COMPETITION ACTIVITIES: 20TH FEBRUARY 2024

• Registration: 8.30 am
• Start- up Panel discussion: 9.30 am -1.00 pm
• Business Plan /Pitch Competition: 2.00 pm-5.00 pm

VENUE
Convention Hall, MET Institute of PGDM • 20th February 2024 • 9:30 am onwards

REGISTRATION

Click here to Register

Attractive prizes and certificates to the winners

CONTACT DETAILS
Dr. Harshada Mulay • 9820167715 • harshadam_pgdm@met.edu

MET INSTITUTE OF PGDM

MET Institute of Post Graduate Diploma in Management
(MET Institute of PGDM) under the direct affiliation of
AICTE, is considered as one of the best B-Schools in India
that has already offered thousands of high-calibre MBAs
to the industry. The PGDM Programme has been the most
preferred choice for learner aspirants and recruiting
corporates over the past decade. This humongous
response to MET's outreach has been driven by the astute
leadership and foresight of the Trustees, state-of-the-art
infrastructure at the educational complexes, well-equipped and diversified libraries, unique
pedagogy and resource centers along with a vast repository of learning resources that have made
a deep impact on the MBA students, academics and industry professionals who share in the
participatory learning programs at the Institute. No effort is spared to create multidisciplinary
management professionals who are made industry-ready to hit the marketplace. We are blessed
by the integration of unique industry-academia collaboration in delivering participatory learning
programs enriched by congruent relationships with our thousands of alumni seeing the global
economy with joy and pride.

Institute of Post Graduate Diploma in Management

Bandra Reclamation, Bandra (W), Mumbai 400 050.
022 3955 4389 | +91 89768 24696 / 98604 76554 | conference_iom@met.edu| www.met.edu