The Power of Ideas is an initiative by The Economic Times to encourage anyone and everyone with an idea to realize his entrepreneurial dream. Ideas will be polished and nurtured with personalized guidance from senior mentors before being submitted to the largest group of investors for funding.
Indian citizens aged 18 years or more as of Feb 20, 2009. You may have just an idea, or a ready business plan, or even a functioning start-up. But if you are stuck for direction and funds, The Power of Ideas will help.
The whole event is in 4 phases:
Phase 1: Call for Ideas: Jan 21 – Feb 20, 2009
Business idea can be submitted in the appropriate Business Summary format. This can be submitted online at www.ideas.economictimes.com, or emailed to etideas@indiatimes.com or posted to “ET The Power of Ideas”, C/o The Editor, The Economic Times in your city (the list of offices is mentioned below). Business Summaries will be accepted till February 20, 2009.
Phase 2: Group Mentoring and Elevator Pitch: Mar, 2009
A Jury comprising ET editors and our partner, Indian Angel Network, will sift through all Business Summaries to arrive at the first shortlist of promising ideas. All shortlisted candidates will be called for Group Mentoring sessions to prepare them for an Elevator Pitch interview.
Phase 3: One-on-one Mentoring: April 2009
Candidates chosen after the Elevator Pitch will form the second shortlist. They will be assigned senior mentors who can be consulted over email and phone, besides face-to-face sessions, over a dedicated period of two weeks, on everything that it takes to create a business plan worthy of investor interest.
Phase 4: Meet the Investors: April – May 2009
The mentored business ideas will be presented by candidates to the largest single gathering of investors. Deserving business ideas will receive appropriate funds.
Website of the Power of Ideas initiative:
http://ideas.economictimes.com/index.aspx
Tags: entrepreneurship, venture capitalPosted in: Business News
Comments • comment feed
i have a bussinesss plan but can u provide me the details what and how exactly the bussiness format should be?
January 22nd, 2009
Hi,
I am a businessman with 30 years of manufacturing experience and am interested in helping yound entreprenurs who has bright ideas but do not have funds, infracture, organisation , I am ready to offer all on sharing basis.
January 23rd, 2009
To
The Editor
The Economic Times
I am a Chemical Engineer with post graduation in Industrial, Personnel and Environmental Management. At present I am working in Environment Management Division, Steel Authority of India Limited as Deputy General Manager. I am approaching 59yrs now and have one more year left before retirement. I have formed an NGO of a group of professionals and got it registered in 2008. The overall objective of my organization is Environmental Protection, Health Care and Rural Sustainable Development nationwide. I intend to take up Environmental and Rural Health Care projects. I would like to work with these projects along with other team members beyond my office hours at present and would like to involve myself fully with these activities after my retirement in March 2010. I require suggestion from the Expert Group of ET to proceed with these objectives along with raising of fund on no profit no loss basis.
I sincerely thank ET management for giving me an opportunity to express my views and assist to venture for a suitable opening.
Asok Kumar Das
Deputy General Manager
Steel Authority of India Limited
Environment Management Division
6 G C Avenue, 5th Floor
Kolkata-700013
Ph: 91 33 22361850
M: 9830391689
January 23rd, 2009
Hi,
what is the privacy policy….ravi
January 24th, 2009
Dear Mr. Milind & Mr. Ashok Kumar Das,
Please contact economic times at
Admin
Indiasummary
January 28th, 2009
i have plan of a resort. Funding is themain problem
January 31st, 2009
Hai ,
I wish to know … is it possible to submit more than a single plan.I need your guidance for proper business format. Pl re to my mail. lavan.smile@sifymail.com
February 9th, 2009
I expect a re from experts. pl mail me to the above mentioned mail id or lavan.smile@yahoo.co.in
February 9th, 2009
SIR I HAVE IDEA RELATED TO THE SECURITY TO SHEREHOLDER
February 9th, 2009
I think all of you above to go to website directly
http://ideas.economictimes.com/index.aspx
February 22nd, 2009
Thank u ET for this wonderful effort to breed the ideas of young entrepreneurs & bringing them to life. I have few ideas regd efficient use of non-conventional resources & power production.
i would like to send the complete report, so pls get back to my mail / suggest whom, how & when to contact.
I want to assist & share my views to various other participants as well.
February 23rd, 2009
Thank u ET for this wonderful effort to breed the ideas of young entrepreneurs & bringing them to life. I have few ideas regd efficient use of non-conventional resources & power production.
i would like to send the complete report, so pls get back to my mail / suggest whom, how & when to contact.
I want to assist & share my views to various other participants as well.
tatamsarma@gmail.com
February 23rd, 2009
sir i have a wonderful idea of providing expensive knowledge to indian students who cant afford with a basic business instinct and profits for big companies .
February 23rd, 2009
hi. i want to knw how to develop piggeryforms,cost for that send me full deatils of that.
January 16th, 2010
I had been working on non-conventional energy, energy saving, waste recycling, etc. I have patented a low cost solar water heater i.e. sun catcher which require a huge finance to meet the demand. Along with this I also have developed a low cost fire wood smokeless stove i.e. chullha and a water purifier.
Thanking you,
Yours truly
Kishor Kanthikar
cell:-9371697543
July 6th, 2010
I should personally thank murthy for bringing these type of ideas. this will really help a lot of e.preners to come up with there ideas.can i also take part in this with some good ideas. tnk U
July 7th, 2010
Sir,
I am B Tech Production and having 10 years experience of Supply Chain Management. Just left job from a reputed export company . Want to start business which would cater to this northen part of India . As per my experience we were continue looking for a good vendors for Paper Industry and find scarecity for some of raw material which can be manufactured at low cost . Problem is of funds. How to start.
July 8th, 2010
Sir, Now, it is time to use renewable energy like Biogas & liquied fertilizer at our home, which costs very less compared to the use of coocking gas in kitchen & in addition free fertilizer in the garden. one can save fuel bill fantastically.I have plans to work out a household Biogas plant for people who loves environment at large. It is also possible to provide large scale turn key Biogas plants for Highrise buildings, party plots etc. to achieve clenliness as well cheap fuel energy. projects are ready.
It is noteworthy that buyer of the plant will not face any kind of dirt or bed smell
problems. This plant will have to be run by only one person, which will be the only running cost. & there will not be any fuel or electric consumption. The plant will be operational for number of years.
As a matter of fact, in villages this type of plants are in use but with newer design now
any one can install it in urban areas.
I am ready to workout the proposal, with an interested corporate house.
yours
Sarvagna Godiawala.
Godiawala Enterprise,709/D, Shiromani Building, Satellite Rd, Ambawadi, Ahmedabad- 380015 /Mo:9327008755.
July 12th, 2010
it wil help to to devolop socity.
I’d like to share my views .
am telling about bank loans .
banks were told ,we r giving wel education loans .
upto 4 laks they wont ask any security on education loan.
it is obsulutely wrong ,
when poor people went to bank ,ask the loan ,
then the bank ask the security .
poor people havnt security,
so how hav to put the security…
how they studywel education….
now am facing the same problem ..
i consulted all banks ….
i ask my education fee just 3 laks .
all banks r tolding ,compulsury u should put the security…….
i dnt hav any security……
nw wt should i hav to do.
.
.giv me one idea….
chang my life
July 21st, 2010