Opportunity brief
Overview
IDEASTROM is the flagship E-Cell event of ProtoFos, designed to encourage entrepreneurial thinking, creativity, and innovation among students. Participants will present original startup or business ideas that address real-world problems and demonstrate practical market potential.
Eligibility
- Open to all college students.
- Participation is team-based, with 2–4 members per team.
- Each team must submit an original startup or business idea.
Competition Process
- Round 1 – Online Idea Submission: Teams submit their ideas . teams advance to the final round. - Round 2 – Live Pitching: Each team will be randomly assigned a domain at the beginning of Round 2. Teams must develop and present an idea relevant to their assigned domain through a PowerPoint presentation before a panel of judges, followed by a question-and-answer session.
Presentation Format
- Presentation: 6–8 minutes.
- Q&A session: 3–4 minutes.
- Teams must prepare a structured PPT covering their idea and its business potential.
- Final timings and presentation instructions will be communicated to shortlisted teams.
Mandatory Pitch Content
- Problem statement and proposed solution.
- Target users and market opportunity.
- Innovation and competitive differentiation.
- Business and revenue model.
- Technical and operational feasibility.
- Scalability and potential impact.
- Implementation roadmap.
Rules and Regulations
- Ideas must be original and must not infringe on another person's intellectual property.
- Teams must submit their ideas within the announced deadline.
- Only shortlisted teams may participate in the live pitching round.
- All team members should contribute meaningfully to the project.
- Teams must adhere to the presentation time limit and event guidelines.
- The decision of the judging panel will be final.
- Any changes in team size, deadlines, or event procedures will be communicated by the organizers.
Judging Criteria
- Innovation and originality – 20%
- Problem relevance – 15%
- Feasibility – 15%
- Business potential – 15%
- Presentation and clarity – 15%
- Scalability – 10%
- Social or economic impact – 10%
Objective
IDEASTROM aims to transform creative ideas into viable business concepts while fostering innovation, entrepreneurial confidence, and problem-solving skills among students.
Registration & Passes
- Ideastorm Event Pass: ₹99 - Access to Syntax Sprint only. [FORM LINK] (Food and accommodation not included in the pass) - All-Events Pass: ₹249 - Access to all events covered under the pass. [FORM LINK] (Food and accommodation not included in the pass)