A prize-giving ceremony of the unique initiative “Business Start-up plan competition 2003″, launched by the Federation of Indian Chambers of Commerce and Industry (FICCI) and General Engineering Co Ltd (GECL) from Japan this year is on 11. November on the headquarters of FICCI in New Delhi.

The competition, open to students of post-graduate diploma in management courses and select vocational institutions in the country, is intended to promote and support entrepreneurship among students by creating a platform for managing new ideas, concepts and new organization of the process.

The winners will be GELDPREISE of RS 1 lakh, RS R 60000 and 40000 at a cost of the special ceremony to congratulate the performance of the young institution. This is the first of its kind ever trying, under the leadership of FICCI.

GECL, the supply of human resources in construction companies Japan and Japanese companies operating abroad, like previous competitions in China and Vietnam. FICCI, as part of their world, trying to promote India forces in human resources and skills related GECL company to introduce talent and contacts between the economy and youth of both countries.

More than 75 contributions were received by students of the management leaders, engineers and vocational training institutes in the country, for example, Faculty of Management Studies (FMS), Indian Institute of Technologys (IITS), Indian Institute of Management (IIMS). Bids were selected on the basis of innovation and competitive advantage, in addition to the risks, feasibility, financial viability and values. Other factors taken into account the characteristics of the market , Success factors, strategy and implementation plan and organize the team.

Entries classified by five courts have been invited to a final presentation on the FICCI office in New Delhi, where students were shown on the basis of criteria decided by the screening committee of the competition. The evaluation and short list business plans was conducted by a prestigious jury composed of professionals in business management and representatives of the world.