Management Club in association with Institution Innovation Council Jharkhand Rai University, Ranchi organized Online Biz Plan ‘21 Competition on 30 Nov 2021. The objective of this Biz Plan Competition was to impart skills for development and enhancement of personality, communication, team building and decision-making skills of the students. The idea was also to enhance spirit of competition and promote entrepreneurial skills, reveal innovative ideas, creativity, knowledge sharing as well as learning among students. Competitions like these prepare students to participate in events at regional and national levels. Every year, the club organizes two major inter-university events – Biz Spree and Biz Plan Competition.
This year, the Biz Plan Competition received more than 40 business plans from leading colleges and universities of different states. After thorough review, 20 business plans were shortlisted. These students were then invited for final presentation in front of the esteemed jury members today. The teams were selected on the basis of uniqueness of idea, comprehensiveness, marketability & sustainability and also financial feasibility.
At the final session 20 teams presented their business plan in front of the esteemed jury members. The jury members comprising of Dr. Chinmoy Kumar Founder “The Learning Network”, Kumar Amrendra Convener Institution’s Innovation Council, JRU, Ranchi and Dr. Supriti Jana Start Up Coordinator Institution’s Innovation Council, JRU, Ranchi encouraged each team for their brilliant presentation. Shortlisted teams from Jharkhand Raksha Shakti University, Central University of Jharkhand, Xavier Institute of Social Services, Gossner College, Ranchi Women’s College, Kejriwal Institute of Management and Development Studies, Usha Martin University, RGPV Bhopal, and Jharkhand Rai University participated in Biz Plan’21 Competition.
The final result was announced by the honourable Registrar Dr. Piyush Ranjan. He said that this type of competition creates the spirit of entrepreneurship among students. The team ’Happiness Group’ was the winning team from RGPV Bhopal. The topic of their business plan is All in One Delivery System in Local City”. The team members were Satyendra Rajak, Lakshya Patwa, Shivam Shukla and Revaram Malee.
The first runner-up was Samita and Utsav Pathak from Jharkhand Raksha Shakti University Ranchi. The topic of their Business Plan was “Agro Tourism”.
The Second Runner Up were the participants from Xavier Institute of Social Services. The topic of their Business Plan was “Ekikrit”and the team members were Divyanshu Kunwar, Daibik Mandal, Shruti Sinha, Pankhuri Priyam.
The entire session was coordinated by Prof. Rashmi, Convener Management Club. Members of the Department of Management, Dean, HoD and faculty members actively participated in this event.