A contest to support innovative business ideas for students, NGOs
‘Genesis’ is jointly hosted by IIT-M, TCS and L-Ramp
Chennai: The Indian Institute of Technology-Madras (IIT-M), Tata Consultancy Services and Lemelson Recognition and Monitoring Program (L-Ramp) are jointly hosting ‘Genesis’ a business plan contest open for students and test open for students and NGOs in social entrepreneurship. It will essentially support innovative business ideas relating to social causes.
MIT IDEAS, United States (from the Massachusetts Institute of Technology and an NGO Aavishkar India Micro Venture capital fund are partners in the contest.
Teams participating in the contest will have to come up with a viable business plan from the socially-relevant idea that will be self-sustaining. While students, individuals and NGOs interested in social causes can participate, each team is expected to each team is expected to have a representation for the student community up to 50 per cent.
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