NITIE invites participation for 'Lakshya -On-the-Job Achievers Contest' & B-Plan contest Empresario

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MBAUniverse.com News Desk |
July 21, 2016
Mumbai based National Institute of Industrial Engineering (NITIE) is seeing a spate of students led initiatives. NITIE has announced the dates of its annual flagship event 'Lakshya' which will be held from 17th to 19th of October 2008.

As part of the initiative, the Lakshya On-the-Job Achievers' Contest is a platform for the practicing managers to showcase their talent and competence by presenting new-fangled projects they have undertaken in their respective organizations before an eminent jury from illustrious organizations.

Participation is open for sectors like Supply Chain Management, Operations Management, Systems & IT Management, General & HR Management modules and Financial Management

The Lakshya On-the-Job Achievers' contest is recognized by CII as one-of-its-kind initiative in the country. Last Date for registration for participation is 15 August 2008. Participants can register at http://lakshya.nitie.in.

The previous edition of Lakshya 2007 saw projects from organizations like GE money, JnJ, BOSCH, ICICI Bank, M&M, DuPont, Marico, L'Oreal, BASF, HPCL, BPCL, Deloitte, L&T, 3i Infotech, Dr. Reddy's Labs, Patni Computers, Godrej Industries, getting shortlisted for presentation to an eminent jury from organizations like Lehman Brothers, GE Money, P&G, KPMG, HLL, Castrol, SAP, Infosys, Intel Technologies, and several others.

Alongside, NITIE is also getting ready for its annual Business Plan contest – Empresario. The contest will be held during 17th-19th October 2008. The participating is open to student community. (http://empresario.nitie.in). Last Date for submission of executive summaries is August 4, 2008.

Says NITIE, "The Empresario B-Plan Contest, presented by PGDIE, is an invaluable opportunity for budding entrepreneurs to develop and articulate their vision. The objective of this contest is to give the aspirants an experience of simulative environment of a business start-up."

Last year's B-Plan Contest had an overwhelming participation with students from various top B-schools like IIM-A, IIM-C, IIM-B, IIM-L, XLRI, ISB, FMS, IIT-B, MDI, SPJIMR, NMIMS, to name a few.

The unique feature of this contest is that the selected teams undergo a one-month mentorship under successful and inspiring entrepreneurs to refine their B-Plans. Final presentation is made to an eminent jury comprising venture capitalists, incubators, bankers, etc., at Empresario 2008, NITIE, Mumbai.

The winners get a chance to incubate their plans at Seedfund and get a seed funding upto INR 1 Crore.

Besides the B-Plan Contest, Empresario hosts many more events to celebrate the spirit of entrepreneurship. Mr. Tulsi Tanti, Mr. Harish Mittal, Mr. Rajat Sharma, Mr. Kumar Subramaniam, Mr. Kishore Biyani and Captain Gopinath were felicitated with the 'NITIE Empresario Entrepreneurship Awards' over the last 3 years.