Professional Documents
Culture Documents
Instructions:
1. This form is to provide guidelines / outlines to the Screening Committee for the
allocation of space on short term lease to Startups / Entrepreneurs in the IT Incubation
center. You may include any additional details relevant to your business idea and are
free to use additional sheets.
2.
Your business idea will be treated confidentially and will not be divulged to any
unauthorized third party. Exact names of the customers or clients shall not be
mentioned in the application. Only broad description of type of customers or clients
shall be mentioned.
3. Cost of Application: INR 1000/- (Rupees One Thousand only) to be paid through
demand draft / RTGS in favor of Bihar Knowledge Society payable at Patna from any
scheduled bank.
Bihar Knowledge Society
Account No :
32945779914
Name of Bank :
State Bank of India
Branch of Bank:
Raj Bhawan Branch, Patna
IFSC Code:
SBIN0006917
MICR Code:
800002038
4. Please
to
reach
by
25-Jul-2015
at
<
5. Applications sent through e-mail should also contain scanned copy of proof of deposit
of application money.
6. Applicant(s) must be aged 18 years or older as on 31 st March 2015.
7. The Space/Facility shall be allotted for a period of three years only on a short term
lease basis.
8. The Department reserves the right to terminate the process, without compensation or
prior notice to any applicant, in exceptional circumstances.
9. Canvassing will disqualify.
10.For the applicant(s) who are applying as startups; the proposed new business must
not have commenced trading.
Business Plan Application
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IT INCUBATION CENTRE
Business Plan Application
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IT INCUBATION CENTRE
Business Plan Application
Trust
Society
LLP
Company
Promoters Background:
Promoter 1:
Name:
Education: .
Native Place:
Current Location: .
Promoter 2:
Name:
Education: .
Native Place:
Current Location: .
Promoter 3:
Name:
Education: .
Native Place:
Current Location: .
Address:
City
BUXAR
State
BIHAR
802103
Postal Code
ID
9661531033
Business Plan Application
Phone no
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IT INCUBATION CENTRE
Business Plan Application
Overview:
IT INCUBATION CENTRE is an initiative of Dept. of Information Technology,
Government of Bihar. We are delighted to offer this opportunity for a new business
in Bihar. It is targeted at new IT start-ups with an innovative idea that has export
potential and will create sustainable employment in the state of Bihar.
The primary aim of the incubation is to encourage individuals with an
entrepreneurial spirit to consider self-employment as a real option. There are many
benefits associated from your participation and here are just some of them:
Screening Structure
The Judging Panel will shortlist the applicants who meet the criteria as set down in
the Application Form and Terms of Conditions. These applicants must be available
for interview and presentation of their Business Proposal to the Judging Panel. The
last date to submit the completed form is 25-July-2015. Department of IT will not be
responsible for any postal delay.
Shortlisted IT proposals will be selected during this process.
Business Proposal
Product and Services (mention the details)
Hardware
related
Software
related
.
App
development
.
E-commerce
platform
.
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IT INCUBATION CENTRE
Business Plan Application
Mobile
app
development
.
Digital
marketing
.
Others: SOCIAL CARE ONLINE PLATEFORM for India to compete,
Share Ideas, Discover Opportunities and bring Social Change.
Revenue Model
Fixed cost
Rs2.50 Lakhs
st
Revenue generated in 1 year Rs25.0Lakhs (Approx Estimation)
Profit generated in 1st year
Rs5.00 Lakhs (Approx Estimation)
nd
Revenue generated in 2 year Rs 45.0 Lakhs (Approx Estimation)
Profit generated in 2nd year
Rs 9 Lakhs (Approx Estimation)
rd
Revenue generated in 3 year Rs 1.00 Crore (Approx Estimation)
Profit generated in 3rd year
Rs 18 Lakhs (Approx Estimation)
06
15 (Approx Estimation)
25-30 (Approx Estimation)
b) No of Cubicles Required*:
Business Plan Application
01
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IT INCUBATION CENTRE
Business Plan Application
The allotment shall be rent free for a period of 3 years as per IT Policy of Bihar
2011. Rent shall be payable on market rate after the completion of 3 years. The
short term lease shall not be extended beyond a total period of 5 years. Cost of
Electricity and Bandwidth shall be payable on actual basis.
* A cubicle shall be an enclosed space with a space for Chairmans chair and two
visitors chair
** In case the startup desires to furnish the space themselves
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IT INCUBATION CENTRE
Business Plan Application
BUSINESS PLAN
1. Summary
a. Briefly describe your business idea. Who is the customer (type)? What is their need or problem
(their job to be done)? What is your offering? How will it solve the customers problem?
Our Brief Introduction (Our Team, work and Experience): We here at Green Dream Earth
represents a team of youth students who are still 23 or younger. We get involved and started doing
social work, almost 2(two) years back and we got registered as Society 1 years back. Within
this short span of time we have worked with more than 10,000 students, 5 schools, 2 colleges and
with various public and private sectors.
Right today every youth student aspires to be the change maker of the society and have plenty of
innovative Ideas to revolutionize the era of social development by individual and group
contribution But these youths are facing some critical problems, some problems which need
innovative thinking to be solved, some problems that are typical to be solved by any individual
person.
Brief Business Idea: We are building one stop portal for youths to achieve their dreams of making
positive impact in society and for entrepreneurs to show their achievements and products.
Customer Problem: From our almost 2 years of social work with students and being a youth
organization we have identified three basic problems i) Financial (ii) Family and (iii) friends or
society support that the todays youth students are facing when they try to move out for any social
work. We are not only focusing of earning from youths but also from Entrepreneurs who are
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IT INCUBATION CENTRE
Business Plan Application
Youth Students, bloggers, businessman, house wives and almost every section of our
society will be our user but we are primarily focused on Youth Students as they are free
from responsibility of family and finance and so they will play active role in social care
activities.
We are confident that every user regardless of age, profession and gender will benefit
from our offering.
b. Who is the economic buyer? Who will make the purchase decision? Who will pay you?
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IT INCUBATION CENTRE
Business Plan Application
The 365 million youths represents a very large number of our prospective buyers. Not
only Youths but also other section of society is our payers. Initially we are aiming to start
from 13 million youth Bihar and slowly take our project to all over India.
We can address more than 10% of the total Indian Youths.
3. What does the Customer Need or Want? What is the Problem to be addressed?
a. What does the customer need or want? What is the problem to be addressed?
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IT INCUBATION CENTRE
Business Plan Application
I.
II.
III.
b. Why is the problem important to the customer? How do you know? How have you
validated the need?
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IT INCUBATION CENTRE
Business Plan Application
c. How is the customer currently addressing this problem? What are his/her
alternatives?
At present the youths from all over the nation are forced to suppress their desire of
Impacting social Change as very few alternatives are available and those alternatives
also works with them occasionally.
Enterprises are in constant search of online youth platforms for advertisements and
branding. The alternatives available are mostly not youth centered as well as are not
economical.
d. Why is the problem important to the economic buyer? How do you know? How have
you validated the need?
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IT INCUBATION CENTRE
Business Plan Application
4.
What
is
Your
Offering?
How
will
you
solve
the
Customers
Problem?
Resources such as Banners, Pamphlets, funds, tec., Social work and community
Experience to youths and Service such as advertisements, brand building and
recognition to the entrepreneurs.
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IT INCUBATION CENTRE
Business Plan Application
Submit Proposal
No more requesting your friends or family to help you do any social care. Just submit your
proposal and share it on your socail profiles such as facebook, Twitter, etc.
(All friends who like your proposals are more likely to support you in its execution and we
will reward them with certificates and other goodies if they help )
Proposal Approval:
All the proposal will be put to public voting and on the basis of voting and our board of
advisors rating, one or more proposal/s will be accepted and will be declared as winning
proposals.
(This phase will be very helpful in raising funds and garnering support from individuals,
public and private sectors.)
Our Support/offering:
All the winning proposals will receive the resources such as banners, pamplets, funds etc.,
mentoring and we will work with them to launch the winning campaigns or organise the
events.
(here we alleviate the financial as well as family problems)
d. Do you have any core, differentiating technology or science? How will you protect your
intellectual property?
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IT INCUBATION CENTRE
Business Plan Application
How will the user use your offering? Will any special skills or training be required?
Just the basic information of computer and internet is Required for a user to use our
offerings.
User is required to just visit and Sign Up on our website or App and start using our
offerings.
g. Why will the customer/economic buyer choose your solution over the alternatives?
There are very few and only occasional alternative solutions are available to the
customers and these alternatives are also not economical so to get stable and reliable
solution to the problems.
What is your Business Model?
5.
a.
b.
How will you deliver your product/service? What channels will you use? How will the channel
partners be compensated?
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IT INCUBATION CENTRE
Business Plan Application
c.
basis.
What activities will be required to produce/deliver your product/service to the customer?
Which activities will be performed in-house? Which will be outsourced or performed by
partners?
Launching online platform and competitions, interacting with users and members,
managing online platforms and delivering online and offline resources are the
activities that we require to do.
All the above said activities will be performed in house except delivering of offline
resources.
d.
What are the key elements of your cost structure? What costs will be incurred in creating,
producing and delivering the product/service to your customer?
Website Designing, Development, SEO works, website maintenance, data entry,
resource funding and delivering of resources are the key elements that will require
Funds.
Initially Rs30,000 (Approx.) will be incurred in all above said activities.
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IT INCUBATION CENTRE
Business Plan Application
The following people are involved in started the business and are in the team:
1.Rahul Kumar
2.Amar Kumar
3.Vinay Kumar
4.Amit Kumar
b. What relevant knowledge and experience do they bring to the table (technical skills,
domain knowledge and startup experience)?
of Technologies and is a potential Leader who knows how to manage a team. He takes
Initiative and have Participated and won different educational, technical, Social and
Business competitions at National, International and College levels.
Team members Mr Amar Kumar and Mr Vinay kumar are very daring and helping in
Nature, They keep good relationship with everyone and want to utilize their great
circle in this new venture. Mr Chandan Kumar possess good communication, typing
and brings the finance managerial skill in our team. We have few More Engineering
Students and Social workers in our team who are confident about this venture and are
working very to bring this venture live in coming next few months.
c. What additional knowledge/skills/experience will you have to add to your team to
successfully launch this business?
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IT INCUBATION CENTRE
Business Plan Application
d. Who are your key advisors? What roles will they play?
Mr Agnesh Gupta (Chartered Accountant): He is a young very helping accountant and is
mentoring our team in financial management.
Mr Abhishek Suman (Director INTS Pvt. Ltd.): He is a Computer Engineer and Software
Developer. He is mentoring our Team in in Technical field.
Mr Ajeet Kumar (Director INTS Pvt. Ltd.): He is a Technocrat and is mentoring our Team
in Business Management.
7.
a. What are the key tasks to be accomplished in order to launch this business? (Describe
each task and indicate total elapsed time in week from start to launch.)
Task Description
Website Designing and Development
Weeks
2
Final Launching
b. What resources (funding) will be required (just a rough estimate)? How will they be
Business Plan Application
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IT INCUBATION CENTRE
Business Plan Application
1
2
Use of Funds
Website Designing, Development and Maintenance
Office and Workshop Space 200sq ft
Amount
1,50,000
00
2,000
15,000
TOTAL
37,000
Declaration:
I hereby declare that the business idea submitted by me through this form is my
own and that I would be held responsible for any violations of intellectual
property rights arising due to this. I also agree to the terms and conditions
mentioned with this form.
Place: Patna
Date: July 18, 2015
Signature
__________________
(Name in Capital Letters)
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