Business Plan Competition: Round 4 (2017-18)
Centre for Entrepreneurship Development (CED) of BRAC University has taken an initiative to encourage entrepreneurship among the students of BRAC University for developing their potentials through a package of entrepreneurship development program titled â€œCED Entrepreneursâ€™ Denâ€, which is open for all registered students and alumni of BRAC University to participate.
The program is intended to simulate the real world situations where entrepreneurs have to organize and develop their business ideas through innovation workshop, boot camp, business plan development to market their visions, create a strategy for executing plans, and deal with rejections; finally, by participating to the Business Plan Competition (Round 3, 2015-16).
The participating teams of the program have to go through the following processes:
- Idea generation and submission to CED, BRACU
- Workshop on Innovation
- Selected Participants will attend the Boot Camp
- Submission of Business Plan
- Selected Participants will attend the Business Plan Competition
- Winning Teams Selection by a Jury Panel
- Enrollment to the Business Incubation Centre with Seed Fund (up to BDT 5 Lac)
Entrepreneurs have been the unsung heroes of our society. CED wants to recognize their contribution by engendering the spirit of entrepreneurship through providing critical support to young entrepreneurs who have an exceptionally hard time to get their ideas off the ground. Not only does CED seek to provide financial support, but also to provide an environment conducive to the development of entrepreneurship.
The winning teams will receive a maximum of BDT 500,000 each as â€œSeed Fundâ€ as interest free loan for three (3) years for implementing their business plan and getting their ideas off the ground. In exchange of obtaining the seed funds, each team has to enter into a formal agreement with CED. Each team would run their business under close observation and supervision of CED-BRACUâ€™s â€œBusiness Incubation Centreâ€ which would look after and provide necessary guidance and assistance to the teams for developing their ventures.
Download the Business Idea Submission Template.