About the contest
All India Business Innovation contest (AIBIC) aims to identify, publicize and reward excellent management students who are competent to introduce business ideas from across India. AIBIC contest is open for all students who are pursuing MBA/PGDM in India. This contest is expected to bring more than 3 Lakhs students from 2500 management institutions to showcase their business ideas. Our intention behind this effort is to introduce students who have hold great innovative ideas and dreams to start companies or bring the same in existing companies.
If you are an eligible candidate for this contest, register yourself, invite your college mates as team member and submit your 'executive summary'. You need to frequently update the progress of business plan .You can make network with industry experts as your mentor.
We are categorized the submission of business plan into 14 business verticals from students can choose their preferred verticals and category. Through a rigorous and challenging selection process, a distinguished panel of judge will select 100 teams as finalist from each business verticals. There will also be several awards for the finalists and their colleges.
If you are a working professional, AIBIC is a great opportunity to help the institution where you graduated from by guiding the students as a mentor and help our county by contributing valuable professionals for upcoming years. To know more please visit the mentor section.
The winners and their selected business plan will announce and publish to Siliconindia websites and other media.
Participating in the contest
AIBIC contest is free and open for students pursuing MBA/PGDM.
Registration is a three step process where in the participant needs to 1) Register or login with Siliconindia 2) General details submission and 3) Personal details submission. Participants are not allowed to edit your preferred title, business verticals and category after the submission. But you can edit the summary or personal details sections at any time. Your title for selected business plan should be unique, in case we found your title is same or very similar to other participant then same will lead to rejection.
Each team will consist of minimum one and maximum five members. Participants will have to submit the executive summary at a given time. Participants can get assistance from any number of mentors for their business plan. Mentors can be alumnus, industry professionals or any general person.
A team can change its members any time before the registration process gets closed. A participant can be a part of only one team. All the members of a team should be from the same college.
If a participating team is finding it difficult to get a business idea, they can take the help of their mentor(s)