Members of the Institution Innovation Council of PiMSR along with IWFCI-India organised and supported the Grand Finale of the Business Plan Competition 2021-22 of Pillai Centre of Innovation and Entrepreneurship that was held on 27th April, 2022. Every year, the competition is announced in the month of July and several workshops on idea generation, accounting, legal framework, motivational talks, etc. are conducted throughout the year. This year, 54 teams registered for the competition and 7 teams competed in the final round. The jury members were Mr. Sijo Varghese, Manager – MSInS, Ms. Mansi Thakkar – Founder Mansi Thakkar Training Systems LLP, and Mr. Sagar Chandni, Head- Growth, Partnerships and Customer Success, CIBA.
The joint winners were students of PHCET, Rasayani – Mr. Abhishek Rajpurohit and Shivani Gotavade of Team ProtectHer and PCACS, Mr. Krishna Ashok Bhanushali of Team Rocking Rose. ProtectHer is a safety device to raise an alert to aid women during unsafe situations. Rocking Rose has devised a unique gifting solution by using natural flowers and plants. The prize for the winning teams was a cash prize of Rs. 60,000 per team, a trophy and certificates.
The second prize of Rs. 10,000 was won by the students of PCE, New Panvel – Mr. Vaishakh Sajeevan, Mr. Siddharth H Shah, and Mr. Sujith S Kurup of Team Creto. The team aims to create a freelancing platform in the digital space. The special Prize sponsored by IWFCI-India was won by PHCET students, Ms. Sanskruti Damodar Shelke and Mr. Shubham Thakur of Team High Voltage. The team came up with a unique interior lighting solution to save energy costs.
The other finalists were Team AirWall, a start-up focusing on developing a functional partition wall, Team Acadknit – a platform to bring people together in an academic space for their non-academic activities, and Team Freshaii, an online and offline fresh product supply chain startup.