VGUARD Big Idea 2019

For close to four decades V-Guard earned itself an enviable reputation for making products that were robust and seemed to last forever. And then began a transformation from within a few years ago. V-Guard now not only wanted to make robust products but also design them in sync with changing consumer preferences and aspirations. It launched a series of such new age products like the IOT Enabled Verano series of water heaters, sleek stabilizers and Imagina LED fans. The philosophy – thoughtful engineering.

Big Idea B-Plan Contest

The Big Idea contest is an annual B-Plan contest organized by V-Guard Industries Limited that aims to bring the corporate expertise & academic intelligence to a common arena, wherein the proposed strategy for V-Guard are discussed, studied, brainstormed and awarded. It also creates opportunities for interaction with top leaders of V-Guard, wherein the young minds can discuss and understand the business challenges to fine tune their thought process and cultivate a thought leadership among them.

Big Idea contest with its inception in 2011 is gearing up for its 9th season in 2019. The event has had participation from 1000+ students across Management & Engineering colleges since its inception in 2011 and continues to attract best talents to share their thoughts.

Theme

For close to four decades V-Guard earned itself an enviable reputation for making products that were robust and seemed to last forever.

And then began a transformation from within a few years ago. V-Guard now not only wanted to make robust products but also design them in sync with changing consumer preferences and aspirations. It launched a series of such new age products like the IOT Enabled Verano series of water heaters, sleek stabilizers and Imagina LED fans. The philosophy – thoughtful engineering.

It launched The Big Idea Contest in 2011 to provide that unique platform for the brightest and finest Indian minds to present their ideas.

The theme for The Big Idea 2019 contest is –
“Transform the kitchen to bring home a better tomorrow”

The V-Guard Big Idea 2019 now invites brightest minds of from B-Schools across India. The submissions should cover all the following aspects:

  • Rationale of the Plan.
  • Fit to Portfolio (Why should V-Guard invest in the recommended business plan).
  • A Brief of the Operational, Financial and the Marketing Plan.
  • Key Strategies for Executing the Plan.

Winner’s Takeaway

VGUARD Big Idea 2019 Winner Prize
VGUARD Big Idea 2019 1st Runner-Up Prize
VGUARD Big Idea 2019 2nd Runner-Up Prize
VGUARD Big Idea 2019 Special Jury Prize

# Awarded to two teams

Who can participate/Eligibility

  • No restriction in terms of specialization/ academic year.

General Rules & Regulations

  • Contest invites students from B-schools across India.
  • The number of members in a team should not exceed 3.
  • All participants in a single team must be from the same college irrespective of year of study.
  • The participants must produce ID cards on request.
  • Registration Fees: Rs 1000/- per team from a college.
  • Any number of teams can participate from a single college.
  • Participation will be confirmed subject to receipt of the participation fee. The fee paid is non-refundable.
  • The decisions of the judges will be final and binding on the participating teams.
  • Participating teams are requested to visit the website for any updates about the competition.
VGUARD Big Idea 2019 Contest Rules

CONTEST PHASES

VGUARD Big Idea 2019 Contest Phase 1 VGUARD Big Idea 2019 Contest Phase 1
VGUARD Big Idea 2019 Contest Phase 2 VGUARD Big Idea 2019 Contest Phase 2
VGUARD Big Idea 2019 Contest Phase 3 VGUARD Big Idea 2019 Contest Phase 3
VGUARD Big Idea 2019 Contest Phase 4 VGUARD Big Idea 2019 Contest Phase 4
VGUARD Big Idea 2019 Contest Phase 5 VGUARD Big Idea 2019 Contest Phase 5

Registration

Each team should register online, between 15th July 2019 & 19th August 2019 followed by payment through online mode on or before 19th August 2019.

Executive Summary Submission

All the teams will have to submit an executive summary on or before 21st August 2019 - 01:00 PM.

Rules Regarding Executive Summary:

The executive summary should be typed (double space), (size 11”8”), leaving 3 cms margin and should not be more than 2000 words. Charts, diagrams, etc. may be included to support any research work or data collection. The summary should try and cover the following aspects in brief:

  • Rationale of the Plan
  • Fit to Portfolio (Why should V-Guard invest in the recommended business plan)
  • A Brief of the Operational, Financial and the Marketing Plan
  • How to gain Competitive Advantage with regard to the industry/service proposed
  • Key Strategies for Executing the Plan

Declaration of Finalists

Top 20 teams will be shortlisted based on the summaries submitted. The shortlisted teams will be intimated through their mail ID and announced online.

Submission of Detailed Reports

Detailed reports must elaborate on:

  • Feasibility Study of the Business Idea through Consumer Research
  • Customer Value Analysis
  • Financial Feasibility and Projections
  • Market Penetration and Market Development Plan.
  • And all other aspects of a typical business plan.

Business Plan Contest - Finals

The top 20 teams will now travel to Kerala on 20th & 21st September 2019 to make their final presentations before judges.

Payment Method

Participation fee should be remitted online with deposit title ‘Big Idea 2019’:

Registration Fee: Rs 1000/- per team.

Last date for the registration is 19th August 2019.

Bank Name ICICI Bank
Branch address ICICI Bank Limited ,Commercial Branch,M G Road,Kochi-652035
Account No. 001051000046
NEFT/RTGS IFS Code ICIC0000010
SWIFT Code ICICINBBCTS
V GUARD INDUSTRIES LIMITED

TIMELINE ENDS ON

VGUARD Big Idea 2019 Contest Phase 1
VGUARD Big Idea 2019 Contest Phase 2
VGUARD Big Idea 2019 Contest Phase 3
VGUARD Big Idea 2019 Contest Phase 4
VGUARD Big Idea 2019 Contest Phase 5
* No extension in registration post 19th August 2019

Timeline & Contest Phases

VGUARD Big Idea 2019 Contest Timeline Phase 1

Each team should register online, between 15th July 2019 & 19th August 2019 followed by payment through online mode on or before 19th August 2019.

VGUARD Big Idea 2019 Contest Timeline Phase 2

All the teams will have to submit an executive summary on or before 21st August 2019 - 01:00 PM.

Rules Regarding Executive Summary:
The executive summary should be typed (double space), (size 11”8”), leaving 3 cms margin and should not be more than 2000 words. Charts, diagrams, etc. may be included to support any research work or data collection. The summary should try and cover the following aspects in brief:

  • Rationale of the Plan
  • Fit to Portfolio (Why should V-Guard invest in the recommended business plan)
  • A Brief of the Operational, Financial and the Marketing Plan
  • How to gain Competitive Advantage with regard to the industry/service proposed
  • Key Strategies for Executing the Plan

VGUARD Big Idea 2019 Contest Timeline Phase 3

Top 20 teams will be shortlisted based on the summaries submitted. The shortlisted teams will be intimated through their mail ID and announced online.

VGUARD Big Idea 2019 Contest Timeline Phase 4

Detailed reports must elaborate on:

  • Feasibility Study of the Business Idea through Consumer Research
  • Customer Value Analysis
  • Financial Feasibility and Projections
  • Market Penetration and Market Development Plan.
  • And all other aspects of a typical business plan.

 

VGUARD Big Idea 2019 Contest Timeline Phase 5

The top 20 teams will now travel to Kerala on 20th & 21st September 2019 to make their final presentations before judges.