eventful end with the lecture by Mr. Raja Manickum, CEO &Founder, TESSOLVE.The final day unfolded with the informativeworkshop on the “Role of Analytics in Banking and CreditRisk Management” by Fractal Analytics. It opened up theintriguing field of Analytics before the students, to helpthem understand and use it. We had Mr. Mukul Bhatia, MDCitec Engineering Pvt Ltd, giving a talk on B Plans, economicappraisals, and the dynamics of VC funding. The summitdrew to a close with the one-of-its-kind Startup Campwherein startups from IIT Kgp as well as outside wereprovided a platform to interact with the students andanswer their doubts and queries relating to working in astartup. The event was a huge success with students jostlingfor space even at the staircases at Vikramshila.Away from the public eye, we had the final roundsof our flagship events Envision, Eclairez and Pensez beingheld at the RGSOIPL. The Envision top 3 winners came upwith innovative products designs, two of which have beenrecommended for TEPP funding. Eclairez proved to be theplatform for next generation social entrepreneurs, withbusiness ideas related to waste disposal management, andcheaper sanitation for tourists, being brought up. Penseztested the analytical skills of the participating teams withthe case study on web based technology turning out to be atough nut to crack.This was a year of many firsts in the history of Esummit, with the Innovation camp being organizedspecifically for the first year students on the 7th of January.We organised REDE, IIT Khargpur's first nationalparliamentary debate which attracted participation from18 teams all over the country, and remarkably one fromBangladesh as well! Negocio, the web based Bplancompetition, threw up ingenious business ideas in therealm of the web world. Finally, the first years were given ataste of real time entrepreneurship, in the widelyappreciated BIZTURKZ competition.The week burst onto the limelight with theinspirational lecture by Dominique Trempont and SramanaMitra on the 2nd of January. A packed Netaji auditoriumwas witness to two charismatic entrepreneurs sharing theirideas and opinions on the entrepreneurial scene in India,and how we as students can make a difference. We brokenew grounds with theinaugural KolkataBarcamp, on the 3rd of January. Braving adepressing taxi and autostrike, participants fromall over the country madethe event a grand success,energizing our convictionto carry the initiative further in the years to come.Entrepreneurship Cell's presentation on theongoing entrepreneurial activities and startup successes inour campus at the Annual Alumni Meet drewunprecedented appreciation from our distinguishedalumni. The EBRF conference held on the 8th of Januarythrew up the relevant issue of clean technology. Thepresence of distinguished guests Dr. Marco Seppa of theUniversity of Jykysvala , Finland and the enigmatic Prof Dhrubes Biswas of IIT Khragpur made the event anenlightening and meaningful one for the students.The sense of energy, enterprise and excitementamong the student community was palpable amidst theflurry of events leading up to the summit. Finally themoment that we had all been waiting for arrived. Esummit09 kickstarted with the unforgettable lecture by Mr. SanjeevBhikchandani, CEO & Founder, Naukri.com. This wasfollowed by two workshops ,one by CII and the other byIntel. While the CII one focused on the currententrepreneurial scenario in India , the Intel workshopaddressed the “design productivity gap” issue facing theelectronics industry today. The opening day came to an

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YourStory.in is the first dedicated online media platform for SME and Start up entrepreneurs in India witha focus on creating a strong eco system that enables high visibility and networking opportunities for its members.Within a short period of four months we have been able to profile and connect to a large number of promising businesses and entrepreneurs and the readership response and numbers we have thus far received hasbeen extremely encouraging. We have been able to build a credible media platform within the entrepreneurscommunity providing not just visibility to the community but also inputs on business management and growth.

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Vol 4 Issue 120 Jan, 2009

The Week that passed...

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Concipio

Winning team

: Code green

Business concept

- The carbon capture technology 'CODE GREEN' isdesigned to remove CO2 directly from industrial utility/power plants andaims to achieve an enhanced efficiency of 97% of CO2 extraction ascompared to 78% in present day technology. It also improvises the H2S(hydrogen sulphide) extractability to 92% compared to current extractionefficiency of 60% in an extremely cost effective manner.

First Runners Up

: Low Cost Airborne Surveillance System

Business concept

- Sumit Goswami and his Team have designed theairborne platform on a solar balloon which is cost effective and safe as ituses air heated up by the sun rays. The product is modular, cheap, easy tohandle and deploy and has plenty of civil applications like surveillance of college campus, housing societies, industrial complex, farm houses,highways, docks along with defense applications as well.

Second Runners Up

: Green Hat Ventures

Business concpet

- Arindam Mukherjee and his team help create the muchneeded Industry-academia convergence to bring together highereducation institutions and employers for developing and matching skillswith business needs. Their tie-ups with the corporate houses, foreigneducational institutes and Indian campuses provide the platform for ourproducts and services. They also provide customized employer brandingsolutions to our clients (employers) to attract and retain the top talent andalso help guide the young talent in making better-informed careerdecisions.

Footnote

: The winners of Code Green have already started their carbonconsulting firm, Exergy Consultancy. Green Hat Ventures is also operatingout of the campus.

Envision

Winning team

: Prateek agarwal, final year student from CSE,The product was a multiuser chatroom application "OMERTA"based on j2me using bluetooth as the communicationmedium.

First Runners Up

: Amit Beriya, Nurali, Amir Khan.The productwas a semiautonomous T shirt folder. The fold to be achievedis accomplished by a series of motion of rods on a conveyer.The idea's feasiblility was appreciated and the jury hadrecommended them to apply for TePP

Second Runners Up (Two teams joint winners)

: DIGISLATEand TELEROBOTDIGISLATE: Gaurav Shrivastav, Keshav Modi, Vivek Chauhan,Prabhat Rastogi. The idea was to make computer understandhandwritten equations and then calculation of the recognizedmathematical operations using neural network and digitalimage processing. The interface is further made interactive bya simple GUI.TELEROBOT: Sanjiban Chaudhury, Kinshuk Bairagi, NikhilSomani. A remotely based robotic system which can beoperated remotely either via the internet or voice calls oreven SMS's using intelligent hardware and concurrentmessage architecture. The idea was commended and wasasked to be applied for funding.

Eclairez

Winning team

: Cleangrellite - VGSOM, IITKGPEnd-to end solution provider for all the waste disposal issues. They cateredto the garbage problem - organic and inorganic waste collection anddisposal, providing a long term solution, since the capacity of landfills incities is limited.

First runners up:

Krishi Parashar - TISS, BombayEstablishing a Fruit-to-Pulp cum Ready To Serve beverage plant in the semi-urban areas of Uttarakhand to effectively utilize and reduce wastage of high production of mangoes in this area.

Second Runners Up:

Yatri Vishram Kutir - ISMU, DhanbadA socio-corporate plan for tourists and customers, to provide them withbasic sanitation at cheaper rates. This plan will also make use of E-Transactions and IMRSS (Individual Message Report Service System).

Mentors and Associates

Pensez

Pensez 09 turned out to be hugely successful in terms of quality of participation and level of competition. All the qualifying teams werefrom IIT Kharagpur and were utterly competitive. This year the topicwas "

Analysis of web based technologies on tech start ups.

" Thetopic was designed to resonate with the aims of EntrepreneurshipCell. All the entries emphasized on the existing internet marketstrategies such as Viral Marketing, Guerilla marketing, e-mailmarketing etc., as great source of revenue generators for tech start-ups. It was a group of five sophomores who made the final cut andbagged the first prize..

First

Team name

: Pentagon

Members

: Krishna,Apurva ,Suruchi,Sanjay upadhaya, PrateekA thorough research was made to study the impact of existingmarketing strategies on the revenues of tech start-ups andpresented in a flawless manner. Every solution/suggestion wasbacked by concrete data. They suggested mobile marketingstrategies to tap the potential rural market in India which has limitedaccess to internet.

Winner

Team Name

: Detroika

Members

: Ajay Garg, Ankush Garg

Institute

: Amity business school,NoidaThe plan gave IT and softwaresupport to healthcare industry, thatcan significantly affect the waypatients are treated.

Bizturks

Mahtab Singh Soin, a member of the winning team of Bizturks, anexclusive first years event organised during EntrepreneurshipSummit, talks about his experiences during the event.

Each time as I lookback on how me, Alhaad,Ankit and Ashish pulled off that amazing win in thefinal round of the“BizTurkz” competitionorganised by theEntrepreneurship Cell, Ifeel a strange joy and thrillat having achieved it theway we did. It was a daypretty high on suspenseand emotions. To becompletely honest, I hadn'teven thought that I'd bewinning this contest theday the first round tookplace. It was through awildcard entry that my team entered the final, pitted against a“Godly” team, to say the least... Vasanth, Prateek, Arun and Anishwere probably the favourites to win that day.Both teams had been called to the Vikramshila Foyer at09:30 am last Saturday, January 10 for the third and final round of BizTurkz. The event itself, like every other round of BizTurkz, was asurprise, whose rules were presented to the participants just beforethe event was to begin. The third round was purely business: buy andsell! Each team was issued an inventory comprising bottles of AmulKool milkshake and different Amul chocolates. The challenge was

Runner Up 1

Team name

: Artinvestment

Member

: Kapil Jain

Institute

: Symbiosis Institute of International ManagementThe plan brought the high and topclass art closer to the common manwho can't afford to own a piece of art.

Runner Up 2

Team Name

: Oxyfresh

Member

: Deepan Sahu

Institute

: KIIT institute of RuralManagementThis introduced an IT layer to thefarm produce logistics and supplychain management.simple: whoever sells the most at the end of the day wins. Bothteams would get 20% of whatever they sold besides the winner'sprize of Rs. 2000. January 10 being Day 1 of the E-Summit had plentyof activity in and around Vikramshila. Thegame was to take place in 2 sessions: onebefore lunch and the other till 04:00 pm.After clearing the rules and discussing theinitial team strategy, we made a shakystart at half past ten. It took us a good half hour to get things organised, makeposters and get everything in rhythm.Besides, chaos was unavoidable once you're dealing with a place asbig as Vikramshila. Since whatever money we had to show finally forthe inventory had to be at the MRP, the discounts that we offeredwere on a very tight margin (It was Math and Eco all day long!). Wetried different ways and means to get customers (I think our hawkingand “customer-snatching” was a bit indecent at times) butthankfully, they did come in well. (Thank you, please visit again)Accounting for our sales and arranging for the change was a hugeheadache! Frustration did mount from time to time.At lunchtime, both teams were neck to neck with usmarginally in the lead. We did some rethinking over lunch... finallydeciding to sell some of our wares to the neighbourhood friendlyTikka and JCB canteen (shrewd businessmen!) upping our salessubstantially. Getting more of our friends to buy from us was anotherstrategy (contacts help!). With less than 5 minutes to go and no clearlead in sight, we finally decided to buy some of the inventoryourselves, exhausting all stock and winning by default. It was a tensefinish which brought both happiness and relief. In retrospect, nowthat the feeling has completely set in.... well, that where I'd started!

Second

Team Name

: Team 4.0

Members

: N.Vijetha, Gayatri, Anubha, GauravAnother great research work on marketing techniques like Viralmarketing, guerrillamarketing etc., to studythe effectiveness of these strategies andweigh them against eachother. The presentationwas perfect and theyhandled Q&A sessionwith calm and ease.

Third

Team Name

: iDEA

Members

: Nikhil Singh, Aashish Nawal, Eisha SrivastavaThey were first to present and clearly indicated they mean business.A neat presentation backed by all data and reports, they laidemphasis on surveys to prove the point. They quoted the success of Bookmyshow.com over PVR and INOX websites in booking onlinemovie tickets, explicitly mentioning the marketing strategiesemployed by Bookmyshow.com.

Negocio

(Web basedbplancompetition)