Thrifty Triumph

About the Event

The event is divided into two rounds: the Necessities round and the Pitcher round. During the Necessities round, teams create a 4-slide pitch deck for their cloud kitchen idea, covering the problem statement, solution, unique selling proposition, and execution details. Selected teams proceed to the Pitcher round, where they present their execution plan for utilizing the initial capital fund. All team members must be present during the presentation, which lasts 12 minutes, followed by a 3-minute Q&A session. The slide deck should include a company introduction, offerings, the virtual company set up with an initial investment, and plans for managing various aspects of the business. The judge’s decision is final and non-negotiable, determining the outcome of the event.

Prize:

First Prize: Cash Prize 4,000/-
Second Prize: Cash Prize 2,000/-
Third Prize: Cash Prize 1,200/-

Student Registration

Rules

  • Each team is required to bring a laptop and will be allocated 5 minutes for their presentation.
  • Teams of two students will present either a prototype of their product or service through a PowerPoint presentation or utilize an actual prop of the product.
  • During the presentation, teams must explain the development process of their product while addressing both the fixed and variable costs associated with its production.
  • Evaluation in this round will be based on criteria such as communication skills, the content of the presentation, presentation style, and body language.
  • The selected teams will be tasked with developing a presentation that outlines the lifespan of their business within a specific product or service category.
  • It is crucial for all team members to be present during Phase 2 of the event; failure to do so will disqualify the entire team.
  • Each team will have a presentation time of 12 minutes, followed by a 3-minute question and answer session.