{"id":5273,"date":"2017-08-30T11:55:33","date_gmt":"2017-08-30T06:25:33","guid":{"rendered":"https:\/\/sms.iitbbs.ac.in\/?p=5273"},"modified":"2026-08-30T11:57:08","modified_gmt":"2026-08-30T06:27:08","slug":"business-plan-competition","status":"publish","type":"post","link":"https:\/\/sms.iitbbs.ac.in\/index.php\/business-plan-competition\/","title":{"rendered":"Business Plan Competition"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5273\" class=\"elementor elementor-5273\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a9fbf4e e-flex e-con-boxed e-con e-parent\" data-id=\"a9fbf4e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eaa42a5 elementor-widget elementor-widget-heading\" data-id=\"eaa42a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Business Plan Competition<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-794d04a elementor-widget elementor-widget-text-editor\" data-id=\"794d04a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p align=\"justify\">As part of the subject <strong>Entrepreneurship and Small Business Management<\/strong>, which is offered to the second year students of the Institute in the Spring Semester, students, in teams of twos and threes, submitted their <strong>Business Plans<\/strong> for opening start-ups.\u00a0 Altogether there were 21 Business Plans.\u00a0 Some of the products\/services covered in the Business Plans were the following: Air Bottle, Drone Delivery, Free Long-Distance Calls, Labour Contractor, Fan Speed Controller, Motor-attached Bicycles, Smart E-Paper Display, Image-to-audio Interface (Accessories for Blind Persons), Sign Language-to-Word Automatic Translator, e-Business Card, Mand<em>App<\/em>, Portable Solar Oven, Recycle Plastics, Travel Information Sharing, and Travel Aggregator.<\/p><p align=\"justify\">Each team made a presentation before Professor Pratap K J Mohapatra, the subject teacher, and Dr. Ankur Gupta.\u00a0 Five Business Plans were shortlisted on the basis of three criteria: Novelty, Practicality, and Completeness.\u00a0 The five shortlisted teams made the final presentation before a panel consisting of Dr. Akhilesh Barve and Dr. Ankur Gupta, who adjudged the following three award-winning teams:<\/p><p align=\"justify\"><strong>First Prize Winners<\/strong>:<\/p><table class=\"table\" border=\"1\" width=\"100%\" cellspacing=\"2\" cellpadding=\"5\"><tbody><tr><td width=\"300\">Zaman Istiyak and Krishnan R.\u00a0<\/td><td>Paperless \u2013 The Smart E-Paper Display\u00a0<\/td><\/tr><\/tbody><\/table><p align=\"justify\"><strong>Joint Second Prize Winners<\/strong>:\u00a0<\/p><table class=\"table\" border=\"1\" width=\"100%\" cellspacing=\"2\" cellpadding=\"5\"><tbody><tr><td width=\"300\">Gopi Sumanth and Surya Lingam Blue\u00a0<\/td><td>Light \u2013 Image-to-audio Interface\u00a0<\/td><\/tr><tr><td>Punith R. and K. Akash Deepak Sign\u00a0<\/td><td>Language-to-Word Automatic Translator \u00a0<\/td><\/tr><\/tbody><\/table><p align=\"justify\">The prizes were distributed by Professor S. N. Panigrahi (the Head of the School of Mechanical Sciences), Mr. Jagatananda Mohapatra (a first-generation entrepreneur of Odisha), and Dr. Akhilesh Barve.<\/p><p align=\"justify\">Mr. Jagatananda Mohapatra, who had earlier given a guest lecture in the class and who had permitted the students to visit his oxygen-manufacturing plant at the Mancheswar Industrial Estate in this semester, had donated Rs. 10,000.00 (out of a total prize money of Rs 15,000) towards the prizes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a9d8387 e-con-full e-flex e-con e-child\" data-id=\"a9d8387\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-86af822 e-con-full e-flex e-con e-child\" data-id=\"86af822\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cc73ee9 e-con-full e-flex e-con e-child\" data-id=\"cc73ee9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Business Plan Competition As part of the subject Entrepreneurship and Small Business Management, which is offered to the second year [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"disabled","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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