IGNOU Business Plan Competition: Indira Gandhi National Open University’s (IGNOU) Institution's Innovation Council (IIC) is organizing a Business Plan Competition 2024 for university students and alumni. Interested students can register for the IGNOU-IIC Business Plan Competition 2024 by April 30, 2024. They have to submit their applications at ncide@iqnou.ac.in.
IGNOU is holding this contest keeping in view the union government’s vision of Viksit Bharat@2047. The applications in the competition should concentrate on the Atmanirbhar Bharat project aiming at encouraging, supporting, and nurturing the startup culture in the country.
The competition is being held to help students and alumni to convert their innovative ideas into reality. The top three winners of the contest will receive prizes, mentoring, and incubation opportunities to translate their ideas into concrete businesses.
Who Can Apply For IGNOU Business Plan Competition 2024?
Candidates will have to meet the following conditions to be able to apply for the Business Plan Competition 2024.
- The applicant should be a student or alumni of IGNOU.
- The applicant should have developed a prototype of an innovative business plan for starting a business or startup based on novel, socially relevant, and practical business ideas.
Awards For IGNOU Business Plan Competition Winners
The top three business plans will be awarded the Best Business Plan Award 2024 by IGNOU. They will receive cash prizes, mementos, and certificates. In addition, incubation opportunities and mentoring support will also be provided. Check the details below.
| Position | Cash prize |
| First | Rs 7,000 |
| Second | Rs 5,000 |
| Third | Rs 3,000 |
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Themes For IGNOU Business Plan Competition 2024
Applications should be based on themes that align with the Viksit Bharat vision of 2047. The themes on which the students can send applications are mentioned below.
- Clean energy and alternate fuel
- Clean water and water management
- Swachchhata initiatives, healthcare, hygiene, lifestyle and sports
- Smart transportation and traffic management
- Social issues and security system
- Scientific and technological developments
- Education and online teaching-learning system
- Food, agriculture, and rural development
- Smart city and urban development
- Environmental issues and waste management
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