Deadline for submission: December 18, 2012 Stage I Results: December 21, 2012
Stage IIFinals results: January 4, 2013
Fest details: Magnate is an open to all event in which all graduates and undergraduate scholars as well as teachers who seek a platform to incubate their business idea can participate. Participants can register individually or as a team. A team can have a maximum of 4 team members. There is no restriction on the number of entries a team/ individual can give.
Every participating team shall submit an abstract briefly explaining their concept.
· Submitted abstract shall not exceed more than 200 words.· Submitted abstract should be .pdf format.· Teams must present an original idea for a company which may not have been in existence· prior to 2012. Teams must be in a “Pre incubator” form and must not be backed by incubators existing· companies or venture capitalists. Ideas must have an innovative value to them.· Awards: Winner team will be awarded with a prize-money of·25,000/- First Runner-up team will be awarded·15,000/- Second Runner-up team will be awarded·10,000/- Besides, there are also consolation prizes for selected teams.· Note: MCIIE shall bear the participants travelling, accommodation & fooding expenses.