VVISM Hyderabad Social Venture Contest ‘Social Spark-24’

Vishwa Vishwani Institute of Systems and Management VVISM Hyderabad    Social Venture Contest ‘Social Spark-24’

A Social Venture Contest is being organised by Vishwa Vishwani Institute of Systems and Management (VVISM)  to promote the startup culture in the social sector by college students in the twin cities. The Contest is codenamed ‘Social Spark-24’.

Eligibility

The Contest is open to all UG/PG full-time college going students for the Colleges located in Hyderabad and Secunderabad region. The Contest entries are to be routed through the Director/Dean/Principal of respective institutions. The entries may be submitted individually or as a team of a maximum of three students.

VVISM, Hyderabad Holds Convocation of 2023

Contest Format

The proposed social venture must pertain to some common good of the society like education, healthcare, livelihoods, sanitation, environment, waste management etc. The contest entries are to be submitted online in the following format:

1. Social Venture Name, Logo, Vision and Mission
2. One page summary of Business Plan- format will be shared
3. BMC of the proposed social venture
4. Pilot project and/or prototype details, if developed
5. Quantitative Impact Assessment Plan
6. Investor’s Pitch deck clearly outlining the monetisation and revenue stream
7. Plagiarism Check and certification by respective college faculty (mandatory)

Selection Process

Contest entries will be scrutinized by a panel of faculty members and experts from the social sector. Eight finalists will be required to pitch their ventures to the Jury in-person. The finalist teams can use VVISM transport for travelling to VVISM campus and back.

Timeline

Submission of on-line entries: 10^th December 2023, 5 PM IST Shortlisting of Finalists: 10^th January 2024

Final Round of the Contest (in-person) at VVISM campus: 8^th February 2024

Prizes: The Social venture contest winners will get Rs One Lakh in cash prize along with a certificate and a book on Social Entrepreneurship. Prizes will be awarded as follows:

• Social Spark Winner: Rs 50,000 1^st Runner-up: Rs 30,000
• 2^nd Runner up: Rs 20,000

Registration

All the contest participants must register online and pay a token fee of Rs 500 per entry. After registration, the contestants will receive a login ID and password for submitting their Social Venture Plan online.

Contact: For any clarification, please contact: Prof Gopi Naik, Email: gopinaik@vishwavishwani.ac.in, M: +91 72071 75129 (9.30 AM to 4.30 PM on working days)