1. Develop a Strong Creative Vision:
2. Ensure Concept Clarity:
3. Focus on Technical Precision:
Incorporate key aspects such as:
4. Time Management & Discipline:
5.Conduct Thorough Research:
6.Engage in Industry Exposure:
7. Meet Performance Milestones:
8. Adhere to Meeting Schedules:
Project Phases & Checkpoints
Phase 1: Initial Development (Feb 1 – Mar 03, 2025)
A well-structured executive summary that includes:
A comprehensive product/service portfolio including:
A detailed market analysis report including:
Phase 2: (Mar 05 – Mar 26, 2025)
8. Operations Plan (Mar 05 – Mar 15, 2025)
Phase 3: Market Analysis (Mar 29 – Apr 30, 2025)
11. Marketing Plan & Branding (Mar 29 – Apr 05, 2025)
A competitive analysis report that includes:
A SWOT analysis report featuring:
A risk assessment report outlining:
Phase 4: Financial Projection (May 01 – May 16, 2025)
Phase 5: Legal Aspects (May 17 – May 25, 2025)
18. Legal & Regulatory Considerations (May 17 – May 20, 2025)
Phase 6: Sustainability & Future scope of the study (May 26 – May 31, 2025)
20. Sustainability Plan (May 26 – May 28, 2025)
Code of Conduct & Grounds for Disqualification
Participants are expected to uphold professionalism, originality, and commitment throughout the project. Failure to adhere to the following guidelines may result in disqualification.
By participating, all individuals and groups agree to abide by these guidelines to maintain a fair and professional environment.
Phase 1: Initial Development (Feb 1 – Mar 03, 2025)
Task | Start Date | Deadline | Deliverables |
Project Pitching & Guide Selection | Feb 01, 2025 | Feb 05, 2025 | Finalized mentorship assignments |
Business idea Approval | Feb 06, 2025 | Feb 09, 2025 | Mentor-signed concept approval form |
Research & Case Studies | Feb 10, 2025 | Feb 15, 2025 | Completed research reports |
Executive Summary | Feb 16, 2025 | Feb 19, 2025 | Highlight unique selling points (USP), and key financial projections |
Company Description | Feb 20, 2025 | Feb 23, 2025 | A detailed company description covering, Business name, legal structure, and ownership details |
Product/Service | Feb 23, 2025 | Feb 25, 2025 | Description of products/services offered |
Market Analysis | Feb 26, 2025 | Mar 03, 2025 | Industry overview and trends |
Note: Only after clearing Phase 1 participants are allowed to start Phase 2 within the informed deadline.
Phase 2: Design & Prototyping (Mar 05 – Mar 26, 2025)
Task | Start Date | Deadline | Deliverables |
Operations Plan | Mar 05, 2025 | Mar 15, 2025 | A detailed operations plan outlining business processes, supply chain management, and logistics. |
Management Team | Mar 17, 2025 | Mar 21, 2025 | A comprehensive management team structure, including job roles and responsibilities |
Organizational Structure | Mar 22, 2025 | Mar 26, 2025 | A detailed organizational chart illustrating reporting lines and team dynamics |
Phase 3: Market Analysis (Mar 29 – Apr 30, 2025)
Task | Start Date | Deadline | Deliverables |
Marketing Plan & Branding | Mar 29, 2025 | Apr 05, 2025 | A well-structured marketing plan document, including market research, customer segmentation, and promotional strategies. |
Sales Strategy & Team Development Plan | Apr 07, 2025 | Apr 14, 2025 | A detailed sales strategy document, outlining lead generation, conversion tactics, and sales targets. |
Competitive Analysis & Unique Selling Proposition (USP) | Apr 15, 2025 | Apr 22, 2025 | Key competitors and their strengths/weaknesses |
SWOT Analysis | Apr 23, 2025 | Apr 26, 2025 | A clear roadmap for leveraging opportunities and managing risks. |
Risk Assessment & Mitigation Strategy | Apr 27, 2025 | Apr 30, 2025 | Potential risks and their likelihood |
Phase 4: Financial Projection (May 01 – May 16, 2025)
Task | Start Date | Deadline | Deliverables |
Financial Projection | May 01, 2025 | May 10, 2025 | A detailed financial projection report covering revenue, expenses, and profitability for the next 3-5 years |
Funding Request | May 11, 2025 | May 16, 2025 | A formal funding request document detailing capital needs, usage, and repayment strategy. |
Phase 5: Legal Aspect (May 17 – May 25, 2025)
Task | Start Date | Deadline | Deliverables |
Legal & Regulatory Consideration | May 17, 2025 | May 20, 2025 | A legal compliance framework for the business, covering registration, taxation, and operational laws. |
Intellectual Property (IP) Protection | May 21, 2025 | May 25, 2025 | A step-by-step guide on registering trademarks, copyrights, or patents relevant to the business. |
Phase 6: Sustainability & Future scope of the study
(May 26 – May 31, 2025)
Task | Start Date | Deadline | Deliverables |
Sustainability Plan | May 26, 2025 | May 28, 2025 | A comprehensive sustainability plan detailing eco-conscious practices and implementation strategies. |
Future Scope of the Study | May 29, 2025 | May 31, 2025 | A future scope analysis report outlining potential expansion strategies. |
Business plan project rejection points