KREATE- Letting the thought flow

The Centre for Entrepreneurship Development at FORE School of Management is synonymous for being the supporter of everything that’s new and different. And this fact was further proved by the intra-college competition KREATE recently held in the college.  True to its motto, this event by CED acted as the perfect platform to enable the budding entrepreneurs at FORE to give voice to their ideas.  With Mr. Sahil Malhotra, the CEO of Crisp Software Solutions, our very own Dr. Anita Lal acting as the judges for the event , and the first year batch of FORE as offering rebuttals, the participants knew they had to deliver to please, and each and every one of the competing teams stood true to their mark.

KREATE was basically an idea generation competition and was divided into two rounds. A preliminary round had already been conducted wherein various teams submitted an executive summary of their business idea. Thereafter 5 teams were shortlisted for the final round held on October 11, 2012. The five shortlisted teams were Scrappers, Sanrakshan, Invincible, Astitva and Savvy.The teams were judged on three parameters which were content, presentation and the time taken to present. Each team was given 3 minutes for the presentation and a buzzer was be rung at exactly 2 minutes and 30 seconds to give the teams a chance to wrap up their presentation in the remaining time. Thereafter there was a round for questions and answer between the teams and audience and the judges.

From waste management schemes to ideas of movie cafes to online grocery shopping portals, the ideas were as wide as they were well rehearsed. Each and every time put in their effort to not only showcase the best presentation, but also highlight the intricate points of a business plan such as the revenue and expenditure details, the expected challenges etc.  The highlight of the event was perhaps the poise and confidence with which the teams handled any and every question flung their way. However there could only be one winner and they were Vinoth Kannan and Kumar Varun from team Scrappers, with Anshul Gupta, Aarushi Jain and Mansee Saxena from team Sanrakhshan coming to a close second. The first prize winners would have direct entry into the inter college b-plan competition held by CED in the form of Concoct.

In the end Mr. Malhotra graciously gave advice on how the remaining teams could one day turn their idea into a reality. Dr. Lal also went on to remind the teams of how it was always better to test their idea and improve upon the flaws so that the final result could emerge with least mistakes. Both the teams and the audience paid close attention to this parting advice. All in all it was an educational and entertaining event enjoyed by one and all.