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Maulana Azad team wins business plan
Chandigarh, February 10th 2007, Tribune News Service
The students’ team from West Bengal, Sarvodaya Aloeworld, won the business plan competition organised by the Entrepreneurship Development Circle of PEC, here, today.
Mr Vijay Gupta, Director, PEC, gave away the award and cash prize of Rs 25,000 to the winning team from West Bengal while PEC team was the runners-up and received Rs15,000. He complimented the students and the mentors for working with the participants in preparing their project reports.
The innovative business plans related to manufacturing of aloevera products, roof scaping, manufacturing of solar tube cells using nano-technology, and ready-to-cook sterilised vegetables which did not require freezing.
The presentation by the four finalists were judged by a panel comprising of Mr Puneet Vatsayan, Director, Mobera Systems; Mr I.S. Paul, President of The Indus Entrepreneur (TIE), Chandigarh, and Managing Director of Drish Shoes; Mr Rakesh Nangia, Director, Punjab Venture Capital Ltd, and Mr Rahul Kumar, Senior Correspondent, The Economic Times.
Mr I.S. Paul, President, TIE, and Managing Director, Drish Shoes, advised the young entrepreneurs to work hard as there were no shortcuts to success. He said working hard, believing in yourself, and trusting the people you work with were essential to reach the top.
Mr Sachit Jain, CEO of Vardhman, said success was not only dreaming big but also working hard to making those dream come true.
Fifteen entries were received from undergraduate colleges from Pune, Hyderabad, Solan, West Bengal, Jalandhar, IIT Delhi and other parts of the country which were reviewed and four were finally shortlisted by Mr Puneet Vatsayan and Mrs Anupama Arya, Directors of Mobera Systems
The four finalists included two teams from Punjab Engineering College, one from Department of Chemical Engineering and Technology, Panjab University, and Sarvodya Aloeworld from Maulana Azad College, West Bengal.
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