About Eureka – An International Business Model Competition
Aimed at encouraging people all around the world looking to fast-track a technology-related business idea or innovation to commercial success, Eureka! is Asia’s largest
B-Model competition accredited independently by CNN and Thomson Reuters.
Designed to emulate the process of the growth of an idea towards a full-fledged startup. Eureka! prides itself on providing a 360 degree, holistic experience in the 5 month period that it spans. Right from acknowledging that your idea has potential, to drafting a B-Model, and pitching in front of an esteemed panel of investor- this platform has it all!
Over the 16 years of its existence, Eureka! has grown from a competition in which 50 teams competed for INR 50,000 , to a competition which sees over 8000 entries competing for prizes worth INR 5 Million at stake with excellent networking opportunities in India and the Silicon Valley !
Eureka! now serves not only as a launch pad for budding ideas, but now has moved to be recognised as a platform for intensive learning of the entrepreneurial ecosystem by interactions and mentorship from the leaders of this field.
With the vision of promoting both business and social innovations, they follow two tracks:
- Eureka! Business
The trademark of Eureka!, the business track of Eureka! is aimed at helping ideas develop into businesses that have the potential to revolutionize the world.
- Eureka! Social
Now into its 5th successful year, Eureka! Social aims at helping build innovative enterprises and technology to aid the strata at the bottom of the pyramid and/or build a greener tomorrow. With associations like Ennovent and Caspian Impact Investment Eureka! Social runs as a parallel side track to Eureka! Business.
IIT Bombay B-Model of the year Award
Instated to foster the spirit of entrepreneurship and business acumen amongst the youth of the institute, the IIT Bombay B-Model of the Year award is awarded to the best entry from IITB.
This is just the tip of the iceberg. Stay tuned for a lot more updates on http://www.ecell.in/eureka/
This post was submitted by the E-Cell, IIT Bombay
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