Startups Business Model Contest-3 at SMS, Varanasi

Startups Business Model Contest-3 was organized by Centre for Entrepreneurship, Innovation & Skill Development (CEISD) – A Centre of Excellence of School of Management Sciences, Varanasi on 28th November, 2017. Students from various UG & PG courses participated in the contest with great zeal and vigor. A total of 15 Business Models were presented in the final round of the event.

The contest was judged by an esteemed panel of jury which included Prof. K. K. Agrawal, Head- Faculty of Commerce, Mahatma Gandhi Kashi Vidyapeeth, Varanasi, Er. Amitabh Singh – MD, Sorreal Systems (P) Ltd & Secretary –Varanasi Management Association (Ex-President, Eastern UP Exporters Association.), Dr. Navin Kr. Rai, MD, Bio Mantra and Mr. Ajai Suman Shukla, Deshpande Foundation (India) to evaluate and select best of the best talent who qualified the preliminary round held earlier this month.

Earlier in his welcome address, Prof. Raj Kumar Singh (Chairperson-CEISD) extended a very welcome to the judges & participants and advocated the importance of entrepreneurship in the today’s complex competitive environment.

During his address Prof K. K. Agrawal expressed that practicality in thinking is very important as sustainability can only be assured through practical thinking. He also emphasized on the importance of participation and continuous growth. Later on in his deliberation he also emphasized on the viability of any project in current market scenario. He also congratulated all the students who have secured rank as well as those who have participated in the event

Further Dr. Navin Kr. Rai guided student to have market check of any business idea as many ideas fail due to this. He also suggested student to focus on realistic funding aspect of any business, without which any business can’t run. Further he also offered funding to one of the project and assured that he is going to support that business to run.

Later on Er. Amitabh Singh in his deliberation motivated student to participate in this type of events. He also suggested student to become job creator to become job seeker. This type of contest is going help student to tackle real life situations. He also offered funding to award winning business ideas and suggested that we should incubate atleast one business idea every year as a part of business model contest.

During his address Mr. Ajai Suman Shukla praised student and gave individual feedback. He also suggested student to build entrepreneurial attitude as it is not only going to help in building business but it is also going to help in building any organization. He offered student to join him to build entrepreneurial attitude.

The contest was concluded with the blessings by Prof. P. N. Jha (Director, SMS Varanasi) who extended his gratitude to the judges of the event and threw light on the importance of entrepreneurship in the today’s complex & competitive environment. He also added that such contests are the essence of Management Education in any B-Schools. Sir also expressed his happiness & congratulated various stakeholders on institute’s NAAC Accreditations as an “A” Grade Institute.

The results were announced by Prof. P. N. Jha (Director, SMS Varanasi). The session was conducted by Mr. Saurabh Kumar Srivastava (Assistant Professor & Co-coordinator-MBA) and Mr. Kartikeya Singh (Coordinator-MBA) proposed the formal vote of thanks to all the participant & judges.

The winners of the contest will receive their respective prices on the institute’s 23rd Foundation Day, i.e. ADHARSHILA-2017 on 10th, November, 2017 as below:-

  • Rank
  • 1.
  • 2.
  • 3.
  • Name
  • Rekha Agrawal
  • Shreshtha Jaiswal
  • Pratyaksha Singh
  • Course
  • M.B.A-1st Year
  • P.G.D.M-2nd Year
  • P.G.D.M-2nd Year
  • Prize

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