M-Health B Plan, Stage – I Results, DMS IIT Delhi

by Bimal S on Friday 16 December 2011, 12:16 AM | Category: Press Releases| View: 4792 views
 
 
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We are glad to inform that 31 M-Health Business plans have been selected out of over hundred B-plans we had received from IITs all over the country. The Idea Summary has been chosen based on its Novelty, Feasibility, Applicability to M-Health and Potential Impact.

The semi-finalist teams are:

Innovision
Technovates
DYVA
Hakenkreuz
fluoresce
Technopreneur
Health Heads
Opportunists
S I T
Rapidention
ABO
ACERS
AlfaEdison
Safe hands
Jeewan Dhara
DiaProbe Medical
M-Health Tuners
SAAS
iHealth
DOCHORSE
LaBDoc
NewVista
Hemocure
Jeevan
Antigens
Sanguine Saviors
MedNext
Med-In-IIT
MARS
Synergy
Panache

As a next step the teams are required to submit their full business plan. The size of the full plan submission may range strictly between 15-20 pages. The files should be submitted in .DOC format with 12 font size and single line spacing. The B-Plan should address to

1. Company Overview Points:
(Business purpose, history, genesis of concept, current status, overall strategy and objectives)

2. Products or Services Points:
(Description, features and benefits, pricing, current stage of development, proprietary position).

3. Market and Marketing Strategy Points:
(Business purpose, history, genesis of concept, current status, overall strategy and objectives).

4. Management Points:
(Backgrounds of key individuals, ability to execute strategy, personnel needs, organizational structure, role of any non-student executive, which students will execute plan).

5. Summary Financials Points:
(Presented in summary form and are easy to read and understand. Consistent with plan and effective in capturing financial performance; Monthly for year 1, Quarterly for years 2-3, annually for years 4-5).
a. Cash Flow Statement
b. Income Statement
c. Balance Sheet
e. Assumptions/Trends/Comparatives

6. Offering Points:
(Proposal/terms to investors–indicates how much needed, the ROI, the structure of the deal, and possible exit strategies).

7. Viability/Sustainability Points:
(Market opportunity, distinctive competence, management understanding, and investment potential).

The final date for submission of the Full B-Plan is 12th December 2011, 11.59 pm IST. Late entries will be rejected. Please feel free to revert in case of any queries /suggestions.

Please ‘Like' the HITLab Facebook page for updates and results at www.facebook.com/hitlab.org. Also visit www.dmsiitd.org for announcements and updates.

All the best for your next round of submissions. We look forward to receiving your ground breaking Business Plans.

Regards,
Organizing committee

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