BI 2 BI Competition – Phase I & II 2024
Activity Name: - “BI 2 BI Competition – Phase I & II 2024”
Date: -1st March 2024.
Objectives: -
The BI 2 BI competition aimed to spark business ideas and promote entrepreneurship among students. Additionally, it sought to provide participants with valuable experience in business pitching, fostering essential career-enhancing skills.
Judges: -
1. Mr. Kaustubha K. Sawant
2. Mr. Vishal Pawar
Number of Teams: - A total of 25 teams (Phase I) & 17 teams (Phase II) comprising students from various cities including Shirpur, Aurangabad, Jalgaon.
Competition Structure:
The competition consisted of three distinct phases.
Phase I: Registration and Business Idea Submission
Students were required to register online and submit their business ideas in a PDF/Word file format, limited to 500 words. Ideas were evaluated based on innovation, feasibility, market availability, among other criteria. The shortlisted students were announced on the Institute Website and WhatsApp group of registered participants. A total of 25 teams registered for this phase.
Phase II: Online Presentation
Eligible teams presented online PowerPoint presentations, with each team given eight minutes for presentation followed by a two-minute Q&A session. The presentations were conducted via the Zoom platform. Expert evaluation criteria included creativity, potential benefits, and the feasibility of execution. 17 teams progressed to the final phase following this round.
Concluding Remarks:
The competition successfully achieved its objectives, with active participation from students across various academic streams and regions of the university. It provided a platform for students to showcase their innovative ideas and fostered an entrepreneurial spirit among participants.
