Conquest is BITS Pilani’s annual start-up challenge and entrepreneurship conclave that brings together the most promising start-ups and connects them to investors who are willing to pay up to Rs. 40 million as angel investment or seed fund for top startups. Conquest has the sole aim of connecting investors to the most promising startups, and being organized completely by students.
Grand finale of the Conquest 2012, will be held at Sri Satya Sai Auditorium, Lodi Road, New Delhi on Sunday, 19th August 2012. Top ten finalists of the startup competition will present their ideas in the presence of a distinguished panel of judges. Over 500 students from premier engineering and management colleges of the country will participate in the event.
This year, over Rs. 4 crore is to be won as incentives by the 10 finalists, which includes free website hosting and domain, free cloud telephony software for top three teams worth Rs. 24,000 each, Rs. 10 lakh seed fund for top 10 ideas and other incubation support such as office space etc anywhere in India for select startups. Besides, there are cash prizes too for the winners and runners up.
The top four will get direct entry to the finals of Asia’s largest Business Plan Challenge, organized by TiE Asia in February 2013.
There has been overwhelming response to this year’s Conquest. In total, over 440 ideas were received on the event website by 30th May 2012. These included 8 entries from abroad. Out of these, 35 teams were selected by a jury of entrepreneurs around the world. These 35 teams were chosen for mentorships in various cities of the country including Delhi, Mumbai, Hyderabad, Bangalore and Chennai. Ideas from abroad were mentored through Skype video conferencing.
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