Wednesday, May 4, 2016

KU Idea Hunt 2016!

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For more details : Type Idea and SMS to 37001
Only one day to submission of idea for KU Idea Hunt 2016! Have you submitted yours?
So what is KU Idea Hunt?
KU Idea Hunt 2016 is an Idea quest with the aim of promoting innovation and entrepreneurship among the youths of today.
Primarily, KU Idea Hunt is an initiative by KUSOM-Idea Studio and KU Business Incubation Centre (KUBIC) with the main view of canvassing ideas from the student of all schools of the University.
The winning ideas from the competition will be encouraged as startups by the organizers. They intend to eliminate hurdles that students encounter even if they have progressive business ideas.

It has mainly three stages:
Stage 1: Announcement notice for submission of innovative business ideas: Clear guidelines for idea submission shall be provided along with the last date for submission.
  • Last date for business idea submission is May 5, 2016.
  • Any interested teams or individual candidates from KU and affiliate colleges can submit their ideas.
  • Maximum 20 ideas shall be selected for the next stage.
  • Idea selection committee shall consist five members: Two experts from industry and Three from University.
  • Students will have to come up with innovative ideas to solve social or business related problems. The ideas can be from any sector/industry.

Stage 2: Evaluation Stage: Out of all the submitted ideas, 20 ideas will be shortlisted, selected and provided with the workshop for idea pitching.
  • The result shall be published on May 8th, 2016
  • One-day workshop on Idea Pitching on May 12th, 2016
Stage 3: Idea Pitching, Evaluation and Award distribution: This is the final stage of KU Idea Hunt 2016.
  • An event shall be conducted where the shortlisted teams will pitch their business ideas.
  • Business leaders, entrepreneurs, academicians will be invited.
  • A team of experts shall be assigned for final evaluation.
  • Award shall be provided to the top 5 best ideas. Certificate for all the shortlisted ideas.

The KU Idea Hunt is targeted towards KU students and alumni and aims towards soliciting ideas that can impact the society at large. Top 5 ideas will be provided with resources and opportunities to grow over the period of 1 year. Consultation and mentoring during the business growth period of 1 year will be provided to the teams. A seed fund of NRS. 20,000 will be provided to the top 5 team to launch their venture.

Submit your idea by clicking here
Sparrow SMS is proud to partner with Kathmandu University for KU Idea Hunt and wishes success to the participants and organizers.
For more details : Type Idea and SMS to 37001

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