Shark Tank Challenge

About the Event

Are you sitting on the next billion-dollar tech idea? The Shark Tank Challenge gives aspiring student entrepreneurs the opportunity to pitch their innovative tech startup concepts to a panel of industry experts and potential investors. Modeled after the popular TV show, this high-stakes competition will test your business acumen, presentation skills, and ability to convince established professionals that your idea is worth backing.

Participants will develop business models around their tech innovations, create compelling pitches, and face tough questions from our panel of "sharks." The most promising ideas will receive not just prize money but also mentorship opportunities and potential real-world investment to help turn your concept into a viable business.

Date & Time

April 11, 2025

10:00 AM - 5:00 PM

Venue

Main Auditorium

Vasavi College Campus

Team Size

1-4 Members

Prizes

1st Place: ₹20,000 + Mentorship

2nd Place: ₹10,000

3rd Place: ₹5,000

+ Potential Investment

Competition Format

Round 1: Written Submission

Teams must submit a business plan document (max 5 pages) outlining their tech startup idea, including:

Problem statement and proposed solution
Target market analysis and size
Technology overview and innovation aspects
Revenue model and financial projections
Team composition and expertise
Development roadmap and milestones

Round 2: Preliminary Pitches

Shortlisted teams will deliver a 5-minute pitch followed by a 3-minute Q&A session with the judging panel. Teams should focus on:

Clearly communicating the value proposition
Demonstrating market potential
Explaining technology feasibility
Showcasing prototype or minimum viable product (if available)
Outlining funding requirements and use of funds

Final Round: Shark Tank

The top 5 teams will advance to the final Shark Tank round featuring:

10-minute detailed pitch presentation
15-minute intensive Q&A with the "sharks"
Live negotiation for investment terms
Final decision from the panel of investors

Judging Criteria

Innovation & Technology (25%)

Uniqueness of the idea, technical feasibility, competitive advantage, and intellectual property potential

Market Potential (25%)

Market size, growth potential, clear target audience, and competitive landscape analysis

Business Model (20%)

Revenue strategy, pricing model, scalability, and path to profitability

Team Capability (15%)

Team composition, expertise, passion, and ability to execute the business plan

Pitch Quality (15%)

Clarity of presentation, visual aids, addressing questions, and overall persuasiveness

Our Sharks

The judging panel will include:

Tech industry executives
Angel investors and venture capitalists
Successful startup founders
Business incubator directors
Faculty experts in entrepreneurship

Preparation Resources

To help you prepare for the Shark Tank Challenge, we've compiled these resources:

Pre-event Workshops

We will conduct two preparation workshops before the event:

April 3, 2025: Business Model Canvas Workshop
April 7, 2025: Effective Pitch Presentation Techniques

Registration for these workshops is free for all Shark Tank Challenge participants.