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Indian School of Business to host cleantech business plan competition

The Energy, Manufacturing & Operations Club at the Indian School of Business in partnership with the Global Entrepreneurship Week of the Kauffman Foundation, Investor Forum of New Ventures India and Munjal Global Manufacturing Institute is organising O2 – the clean technologies global business plan competition.

The competition is uniquely positioned to target early stage entrepreneurs, Indian entrepreneurs who are trying to scale up and international entrepreneurs who are trying to enter India. There is also a special section targeting entrepreneurs working in the clean energy and water companies.

Business ventures in any one of the following industry categories – air water & waste, energy efficiency, renewable energy, green building, green urban planning, smart power and transportation- are eligible for entry.

Registrations are now open and the last date for submission of B-plans is October 30, 2012. All entries will be evaluated and the 12 best ventures will be shortlisted. The final 12 will pitch their business plans to the high level jury comprising VCs, investors, industry leaders and academicians. The jury members include Pravan Malhotra of International Finance Corporation; Sanjoy Sanyal of New Ventures India; Vivek Sharma of BP Ventures; Tanmay Das of KSK Ventures; Dr. Krishna Tanuku of the Indian School of Business; Vasudev Awadhani of NSRCEL, the Incubation centre Indian Institute of Management-Bangalore; and Pashupathy Gopalan of MEMC – SunEdison.

The entrepreneurs shall benefit from participating in the event as they will get access to mentors; investors; and visibility. In addition, specifically the clean energy and water companies may get access to the support programs of multilateral or bilateral organizations and the international entrepreneurs looking to expand may get access to exploring partnership opportunities with large companies working in India. This could prove to be a terrific launch pad for international ventures looking for an Indian launch.

Companies attending the Grand Finale of the competition on December 1, 2012 shall benefit as they get an opportunity to interact with various stakeholders of the start-up ecosystem including main stream investors, VCs, and domestic & international companies.

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