When we get irritated by rodents we set a trap and annihilate them, but Management Development Institute, Gurgaon (MDI), students have come up with a business plan, a rat trap fitted with an electronic device that will catch them and free them outside. It will be available in various designer shapes and showrooms can display them, and no, it won?t look odd.
This is the business plan that emerged as the co-winner?the other was JBIMS?s Bicycle Sprayer?at DISHA 2010-National Business Plan Competition organised at MDI, Gurgaon, in association with the National Innovation Foundation (NIF) to find the best business plans for the most promising innovations in the country.
Six teams?out of 84 from 27 business schools, engineering, agriculture and pharma colleges were chosen for the finals?were IIM Lucknow, MDI & XLRI Jamshedpur, NSIT Delhi, JBIMS Mumbai, University of Agricultural Sciences (UAS) Dharwad and MDI. This is the first time that NIF has moved out of the Indian Institutes of Management, and joined hand with MDI to host DISHA.