The Indian Angel Network has partnered with TIE Chandigarh for EnterPrize, a business plan competition. EnterPrize is the first, largest and most credible business plan competition in Chandigarh. TIE Chandigarh and Chandigarh Govt. along with the support from STPI have organized EnterPrize with the strategic intent to identify and encourage the creation of export focused, IT and Technology focused enterprise. As Angel Partners IAN will be reviewing the business plans and mentoring the shortlisted participants.
Indian Angel Network is Asia?s largest growing business angel network with a member base of 100 members. IAN?s partnership gives EnterPrize a unique advantage as all shortlisted participants will have an opportunity to present to IAN?s investor members. ?Ten years ago there was very little help except some government funding you could get. There were no angels for small sums of money you needed, no early stage funds, nobody to handhold you, no incubators to guide you. Entrepreneurs and startups had to do it themselves, things are different and IAN is happy to be leading the change,? says Dr. Saurabh Srivastava, Founding member of the Indian Angel Network, who has been through the grind himself.
IAN spearheads the cause of innovation and growth of the entrepreneurial ecosystem in the India. ?Angel investing is a key for the startup ecosystem today. IAN is focused on supporting and mentoring enterprises that create value and scale? said Ms Padmaja Ruparel, President, IAN.
EnterPrize Business Plan Competition will be held in 4 Stages and the Top 3 teams will be allocated space at the Entrepreneurship Development Centre, Chandigarh as per Government norms. All entrepreneurs, including students of business schools, will be eligible to participate in the Competition. The winners of the competition will be identified by 31st August 2009 and will be recognized during eRevolution 2009, the flagship IT event in the region. Mr. Puneet Vatsayan, President TiE Chandigarh & Director Mobera Systems said, ?What makes this business plan competition unique is the partnership with Indian Angel Network, India?s largest angel financing network and STPI.