National Entrepreneurship Challenge (NEC)

Indian Institute of Technology (IIT), Bombay

#Entrepreneurship
#Business Plan
#Case Study
#Strategy
#Marketing
Registered 170
Registration Deadline 25 Aug'24, 12:00 AM IST
Team Size 5 - 25 Members
Impressions 41,468
Eligibility
Engineering Students
MBA Students
Undergraduate
Postgraduate

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All that you need to know about National Entrepreneurship Challenge (NEC)

National Entrepreneurship Challenge (NEC) Overview

  • Develop or elevate your E-Cell with the National Entrepreneurship Challenge (NEC).
  • NEC is a 6-month-long competition designed to help colleges build and enhance their Entrepreneurship Cells.
  • The challenge promotes grassroots entrepreneurship and aims to simplify the process of starting a company for students.

NEC Tracks:

  • Basic Track:

    • For colleges without an active Entrepreneurship Cell.
    • Teams can form an E-Cell from scratch.
  • Advanced Track:

    • For colleges with an existing E-Cell capable of conducting workshops, events, and sessions.
    • Aims to scale up and create a vibrant entrepreneurial community.

Benefits of Participation:

  • Certification from E-Cell, IIT Bombay, Asia's largest student-run entrepreneurship body.
  • Opportunity to win prize money from a pool of INR 6 Lakhs.
  • Incentives worth INR 25 Lakhs.
  • Exclusive visit to IIT Bombay Campus for E-Summit 2025.
  • Valuable mentorship connections and expanded network.
  • Enhancement of your resume by participating in a Pan-India challenge.
  • Compete with top E-Cells nationwide and gain social media recognition.

Important Note:

  • Only one team per college is allowed to participate.
  • Team formation is required, with a minimum of 5 members and up to 25 members from the same college.
  • If there is an existing E-Cell, only the core members can participate.
  • Multiple entries from the same college will be combined into a single team.

How to Choose Track:

  • Register for the Advanced Track if your college's E-Cell is over 2 years old.
  • Register for the Basic Track if you are starting a new E-Cell.

Queries:

  • For more information, refer to the NEC Brochure

Important dates & deadlines?

  • 25 Aug'24, 12:00 AM IST Registration Deadline

Contact the organisers

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About Indian Institute of Technology (IIT), Bombay

  • Established in 1958, the second of the IIT family, IIT Bombay was the first to be set up with foreign assistance.
  • Located in Powai, one of the northern suburbs of Mumbai, the residents of IIT Bombay reap the advantage of being in the busy financial capital of India, while at the same time enjoying the serenity of a campus known for its natural beauty.
  • It is a fully residential institute having 15 hostels with in-house dining and it also provides excellent amenities for sports and other recreational facilities.
  • The institute campus at Powai extends over 200 hectares and is situated in picturesque surroundings with the Vihar and the Powai lakes on either side and green hills in and around.
  • IIT Bombay Song: During the sixties, the Institute picked a song to call of its own - a Rabindranath Tagore's original translated from the Bengali. The worshipper in the song asks the 'Infinite One' to grant them, among other virtues, enlightenment, diligence, and fearlessness: arguably the prime ingredients of the academic spirit. The reproductions here are in the Devanagari and in its transliterated form.
    Antar mama viksit kar
                 Antaratar hey
    Nirmal kar, ujjawal kar
                 Sundar Kar hey
    Jagrat kar, Udyat kar
                 Nirbhay kar hey
    Mangal kar, niralas kar
                 Nihsanshay kar hey
    Yukt kar hey sabke sang mein
                 Mukt kar hey bandh
    Sanchar kar sakal karm mein
                 Shaant tumhara chhand
    Charan-kamal se mera man
                 Nispandit kar hey,
                 Nandit kar
                 Nandit Kar
                 Nandit kar hey
  • Core Values adopted by the Institute as enduring principles are:
    • Integrity;
    • Excellence;
    • Accountability;
    • Transparency; and
    • Empathy.
  • Goals
    • Enhance engagement with society and industry;
    • Broaden educational areas;
    • Improve internal support systems;
    • Enhance student experience;
    • Broaden funding base;
    • Attract international students and faculty;
    • Advance frontiers of knowledge;
    • Enhance diversity;
    • Enhance alumni engagement; and
    • Develop a cleaner and greener campus.
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