We are glad to inform that 31 M-Health Business plans have been selected out of over hundred B-plans we had received from IITs all over the country. The Idea Summary has been chosen based on its Novelty, Feasibility, Applicability to M-Health and Potential Impact.
The semi-finalist teams are:
Innovision
Technovates
DYVA
Hakenkreuz
fluoresce
Technopreneur
Health Heads
Opportunists
S I T
Rapidention
ABO
ACERS
AlfaEdison
Safe hands
Jeewan Dhara
DiaProbe Medical
M-Health Tuners
SAAS
iHealth
DOCHORSE
LaBDoc
NewVista
Hemocure
Jeevan
Antigens
Sanguine Saviors
MedNext
Med-In-IIT
MARS
Synergy
Panache
As a next step the teams are required to submit their full business plan. The size of the full plan submission may range strictly between 15-20 pages. The files should be submitted in .DOC format with 12 font size and single line spacing. The B-Plan should address to
1. Company Overview Points:
(Business purpose, history, genesis of concept, current status, overall strategy and objectives)
2. Products or Services Points:
(Description, features and benefits, pricing, current stage of development, proprietary position).
3. Market and Marketing Strategy Points:
(Business purpose, history, genesis of concept, current status, overall strategy and objectives).
4. Management Points:
(Backgrounds of key individuals, ability to execute strategy, personnel needs, organizational structure, role of any non-student executive, which students will execute plan).
5. Summary Financials Points:
(Presented in summary form and are easy to read and understand. Consistent with plan and effective in capturing financial performance; Monthly for year 1, Quarterly for years 2-3, annually for years 4-5).
a. Cash Flow Statement
b. Income Statement
c. Balance Sheet
e. Assumptions/Trends/Comparatives
6. Offering Points:
(Proposal/terms to investors–indicates how much needed, the ROI, the structure of the deal, and possible exit strategies).
7. Viability/Sustainability Points:
(Market opportunity, distinctive competence, management understanding, and investment potential).
The final date for submission of the Full B-Plan is 12th December 2011, 11.59 pm IST. Late entries will be rejected. Please feel free to revert in case of any queries /suggestions.
Please ‘Like’ the HITLab Facebook page for updates and results at www.facebook.com/hitlab.org. Also visit www.dmsiitd.org for announcements and updates.
All the best for your next round of submissions. We look forward to receiving your ground breaking Business Plans.
Regards,
Organizing committee
The semi-finalist teams are:
Innovision
Technovates
DYVA
Hakenkreuz
fluoresce
Technopreneur
Health Heads
Opportunists
S I T
Rapidention
ABO
ACERS
AlfaEdison
Safe hands
Jeewan Dhara
DiaProbe Medical
M-Health Tuners
SAAS
iHealth
DOCHORSE
LaBDoc
NewVista
Hemocure
Jeevan
Antigens
Sanguine Saviors
MedNext
Med-In-IIT
MARS
Synergy
Panache
As a next step the teams are required to submit their full business plan. The size of the full plan submission may range strictly between 15-20 pages. The files should be submitted in .DOC format with 12 font size and single line spacing. The B-Plan should address to
1. Company Overview Points:
(Business purpose, history, genesis of concept, current status, overall strategy and objectives)
2. Products or Services Points:
(Description, features and benefits, pricing, current stage of development, proprietary position).
3. Market and Marketing Strategy Points:
(Business purpose, history, genesis of concept, current status, overall strategy and objectives).
4. Management Points:
(Backgrounds of key individuals, ability to execute strategy, personnel needs, organizational structure, role of any non-student executive, which students will execute plan).
5. Summary Financials Points:
(Presented in summary form and are easy to read and understand. Consistent with plan and effective in capturing financial performance; Monthly for year 1, Quarterly for years 2-3, annually for years 4-5).
a. Cash Flow Statement
b. Income Statement
c. Balance Sheet
e. Assumptions/Trends/Comparatives
6. Offering Points:
(Proposal/terms to investors–indicates how much needed, the ROI, the structure of the deal, and possible exit strategies).
7. Viability/Sustainability Points:
(Market opportunity, distinctive competence, management understanding, and investment potential).
The final date for submission of the Full B-Plan is 12th December 2011, 11.59 pm IST. Late entries will be rejected. Please feel free to revert in case of any queries /suggestions.
Please ‘Like’ the HITLab Facebook page for updates and results at www.facebook.com/hitlab.org. Also visit www.dmsiitd.org for announcements and updates.
All the best for your next round of submissions. We look forward to receiving your ground breaking Business Plans.
Regards,
Organizing committee