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Mobilink Discover - NUST Business Plan Competition. Dr. Zahir Ali Syed, CEO Cambridge Advisors Network Co-Chairman MIT Enterprise Forum of Pakistan. Outline. Objective Eligibility Process Evaluation Awards DISCOVER 2011 DISCOVER 2012-2013.
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Mobilink Discover - NUST Business Plan Competition Dr. Zahir Ali Syed, CEO Cambridge Advisors Network Co-Chairman MIT Enterprise Forum of Pakistan
Outline • Objective • Eligibility • Process • Evaluation • Awards • DISCOVER 2011 • DISCOVER 2012-2013
Objectives of DISCOVER • Bring change via Entrepreneurship and Innovation • Align R&D Activities with Market Needs • Commercialize Technology developed at Universities • ‘Hands-on’ training for Technology and Business Idea Commercialization
Eligibility & Team • Masters/Bachelors 3rd/4th year • Team Designation: • CEO - Team Lead • CFO - Head of Finance • CMO - Head of Marketing • CTO - Technical Head • COO - Head of Operations • Domain expert (Preferably from the industry)
Process: Round 1 • Explore Ideas (Industry and/or national problems) • Selection of idea • Multi-disciplinary team • Registration (Self, Idea, Team Members) • Short listing of top ideas (Social, Business)
Process: Round 2 • 2 Days Workshops in Karachi, Lahore and Islamabad • Executive Summary (ES) • Elevator Pitch (EP) • Business Plan (BP) • BP Presentation (P) • Submission of ESs and EPs • Short listing based on ESs and EPs (Social, Business)
Process: Round 3 • One-to-one mentoring by Industry mentors to develop Business Plans (BP) and Draft Presentations (DP). • Submission of BP and DP • Selection of finalists (Social, Business)
Process: Round 4 • Presentation Mentoring • Presentations before Eminent Judges • Top 5 winners from each track to be awarded • Some winners to be incubated at NUST TIC
DISCOVER 2011 at a glance • 1,250 students from 30 universities. • 250 ideas. • Over 100 mentors from the industry, faculty assisted • Prime Minister endorsement- “Prime Minister’s Entrepreneurial Challenge”, and graced the final ceremony • Top 5 were offered incubation at NUST, TIC
DISCOVER 2011 at a glance • Discover Teams went on to achieve success at international events:- 2nd , “HCT-Wharton Innovation, Tournament” Dubai, AED 30K - 2nd position & Best Women Entrepreneur, “GISTech I-Dare, BP Competition” US$40K - Among Top 5 at “TiE All Asia Competition”- “GISTech-I Ideas Competition” - US $12K
DISCOVER 2012-2013 at a glance • Over 1,600 students from 55 Universities. • 367 innovative ideas • Over 100 mentors from the industry, faculty assisted • The final ceremony was graced by President of Pakistan.
DISCOVER 2012-2013 at a glance • Discover Teams went on to achieve success at international events: • 3rd , GISTech 2012, Dubai • 2nd , GISTech 2013, Malaysia • 1st , Indiana State University (US), BP Competition, sponsored by Coca Cola for a 1 month entrepreneurship course at Kelly Business School, showcase the venture in front of U.S. senators and Coca Cola Executives
Register NOW Registration open till 30th September 2014 Log on to: www.mobilinkdiscover.com