About the role
Description-
Most new ventures do not struggle for lack of a good product. They struggle because customers do not see its value, the numbers do not add up, or growth moves faster than the team can manage. The founders who succeed are the ones who spot these problems early and make clear choices with limited money and time.
Entrepreneurship, the venture competition of Passion'26 at IMT Ghaziabad, asks teams to think like founders. Teams begin with a quiz on entrepreneurship and business fundamentals, move on to a case built around a growing social enterprise, and finish by presenting their plan to a panel of judges acting as the venture's board. The competition rewards sound diagnosis, realistic numbers and practical thinking.
Rounds Structure-
Venture Check-
- Format: Online quiz hosted on Unstop with 15 multiple-choice questions to be completed in 10 minutes. Only the team leader will be allowed to take the quiz.
- Objective: The quiz will assess participants' knowledge of entrepreneurship and business fundamentals, including business models, startup funding, unit economics and growth. This round serves as the preliminary filter.
- Marking Scheme: Each correct answer carries 1 marks. There is no negative marking, and unanswered questions carry no marks.
- Evaluation: The teams will be shortlisted by score to qualify for the next round. In case of a tie, the team that took less time to complete the quiz will rank higher.
The Blueprint-
- Format: Online case solution submission (PDF/PPTX).
- Objective: Teams that qualify will receive a case study on a growing social enterprise and must submit a practical, evidence-backed plan covering perception, sales, growth and funding.
- Task: The presentation should have 5-8 slides, including the title and appendix slides. The first content slide must be an executive summary.
- Evaluation: Submissions will be judged on the depth of the problem diagnosis, the strength of the analysis and financials, the clarity of the plan and the feasibility of its implementation. Original insight will be given credit.
The Boardroom-
- Format: Shortlisted teams present their plan in online mode to a panel of judges acting as the venture's board.
- Objective: Participants must defend their plan under questioning.
- Task: Shortlisted teams from Round 2 will deliver a case presentation, followed by a Q&A in which the judges will test their assumptions, numbers and proposed solutions.
- Evaluation: Teams will be judged on how they handle questions, their business judgement, the clarity of their narrative, their command of the case and its numbers, and their delivery. The team with the highest average score from the panel will be declared the winner.
Note: Teams are not allowed to mention the name of their institution, or use its logo, anywhere in their submissions or during the presentation.
General Rules & Regulations-
- All rounds will be held online.
- Multiple registrations by the same participant will lead to disqualification.
- In case of any dispute, the decision of judges and the organizing committee at IMT Ghaziabad will be final.