Business plan

B’luru: National business plan competition organized, 5 teams shortlisted for the finals during the KE Meet

Press release

Bangalore, November 29: With the aim of encouraging entrepreneurship among young Christians, the National Youth Council of CBCI (Catholic Bishops’ Conference of India) in association with Kanara Entrepreneurs organized a national level business plan competition . More than 70 young people representing 30 dioceses took part in this competition.

Kanara Entrepreneurs (KE), a non-profit, non-profit organization that promotes entrepreneurs, helped all participants with a one-page business plan template where everyone could fill in their idea, business model , its customer segment, etc. KE’s mentors and subject matter experts went through all of the business plans and shortlisted 20 teams they mentored for the Round 2 presentations.

Here are the 20 teams that reached the 2nd round:

Seasoned entrepreneurs from KE Bangalore connected to the zoom calls where 20 teams presented their detailed business plan and finances on Saturday, November 13 from 11 a.m. to 4 p.m. All the teams did a good job presenting their plans within the stipulated 7 minutes and answered the judges’ questions within the next 3 minutes. From this list, the judges selected the top five teams for the final presentations.

Here are the 5 teams selected for the final:

The KE Board of Directors invited all finalists to Bangalore to attend their entrepreneurs meeting and make their final presentations to KE members on December 10th. This is a great opportunity for all participants to present their plan to entrepreneurs who have been through the journey and have successfully built businesses. Participants will also have the opportunity to network with KE members and learn from their experience. KE Bangalore President Clarence Pereira believes this is a great platform for budding entrepreneurs in our community to come up with innovative ideas and win awards. “All participants who have reached the final will get a free one-year KE membership and will be able to attend all meetings, build a good relationship with all members and possibly approach them for collaboration, connections, referrals and a funding. ” he adds.

Father Chetan Machado, Executive Secretary of the CCBI Youth Commission was instrumental in driving this initiative and reached out to all dioceses through their youth wing. He rejoices in the enthusiasm shown by Catholic youth.

Pramod D’Souza, Director – Membership at KE, Bangalore gave details of the prize money. All finalists are guaranteed to earn Rs 10,000 while the winners get Rs 50,000 and the finalist team will receive Rs 25,000.

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