Applications call for Eureka! Road to Enterprise 2020: Asia’s Largest Business Model Competition. It is the largest startup competition in Asia with prizes worth 50 lakhs. Eureka! is Asia’s largest business model competition accredited independently by CNN and Thomson Reuters. Eureka! prides itself on providing a 360 degree, holistic experience in the 5 months period that it spans. Right from acknowledging that your idea has potential, to drafting a B-Model and pitching in front of an esteemed panel of investors, this platform has it all!

Vision

Innovation and entrepreneurship are the wheels that steer the world into a brighter future. Great ideas result in great undertakings which pave the way for glaring success. To facilitate this vision, Eureka! provides a platform for potential ideas and early-stage startups to evaluate their plan in the risk-free environment of a competition. It aims to bridge the gap between ideas and the realization of an enterprise.

Tracks

• Business Track
• Social Track
• IIT Bombay Track
• Cisco LauncPad Edutech Track
• Deutsche Bank FinTech Track
• SDBI COVID-19 Response Track

Cash Prizes

Eureka! Road to Enterprise 2020: Asia’s Largest Business Model Competition has a wide range of prizes and benefits in all tracks. Cash prizes of the competition vary on tracks

Business Track

• Winner- Prize money of INR 3,00,000
• Runner up- Prize money of INR 2,00,000

Social Track

• Winner- Prize money of INR 1,50,000
• Runner up- Prize money of INR 1,00,000

IIT Bombay Track

• Winner- Prize money of INR 50,000

Cisco LaunchPad Edutech Track

• Basic Track Winner- Prize money of INR 1,00,000
• Advance Track Winner- Prize money of INR 2,50,000

Deutsche Bank FinTech Track

• Winner- Prize money of INR 3,00,000
• Runner up- Prize money of INR 2,00,000

SIDBI Covid-19 Response Track

• Winner- Prize money of INR 1,00,000

Additional Benefits

• Full and partial discount for finalists and semifinalists on ESHIP GLOBAL online courses and services. Here is the link.
• Mentorship from Cisco LaunchPad as well as external experts post Eureka! (Only for Cisco LaunchPad edutech basic track)
• Opportunity to be considered in the final selection stage of ‘Nidhi Prayas Scheme’ – up to 18-month long prototyping support and incubation with maximum monetary support of 10 lakhs (subject to eligibility).
• The top 3 teams will get the numerous Incubation opportunities to show their business models.
• Freshworks Credits from Freshworks Credits and Licences: Services worth 10,000USD for each finalist and Services worth 4,000USD for each semi-finalist.
• Solidworks Education Software License for all the hardware/physical Product related semifinalists.
• An opportunity to get direct entry into the Elite 100 of Singapore Management University 10th Lee Kuan Yew Global Business Plan Competition.
• To all the Winners will receive startup services like Legal Consultancy, Financial Consultancy, web development services, Digital Marketing, Video making services, and designing services.
• Top 100 entries will be a part of a 2 day extensive mentorship program where business ideas will be evaluated and given feedback by highly experienced and acknowledged pool of seasoned entrepreneurs, experienced professionals and industry mentors.
• Month long mentoring from expert mentors of Eureka! and chance to interact with various mentors from your startup domain in the online mentoring week.
• Lean Startup workshop(LSW) is an intensive day-long workshop that teaches entrepreneurs and innovators how to build disruptive products using Lean Startup methodologies.
• Media Coverage, you could feature on many popular media platforms like Radio, TV, Newspapers, Magazines and Websites to give your startup an amazing boost.
• Premium plan for mentoring even after the completion of Eureka! 2020 by Mentorkart for all the semi-finalists. The link to the Mentorkart app is here.

The winners will get an opportunity to avail of a flat 50% discount on the early bird registration fee. i.e., a discount of 250 USD per person to attend Global Entrepreneurship Bootcamp. Global Entrepreneurship Bootcamp is an intensive boot camp that brings together many young entrepreneurs, students, and professionals from around the world and places them on a common platform to innovate and create new startups by collaboration. To know more about GEB visit here

Follow the official website for more information about Eureka! Road to Enterprise 2020