Mumbai, Oct 10 (KNN) The Entrepreneurship Cell of IIT Bombay has launched its flagship Business-Model competition ‘Eureka!’ with the aim to help startups and people with potential startup ideas become market ready through mentoring, funding, incubation, networking, and many other opportunities.

The B-model completion aims to bridge the gap between idea and enterprise, and make the journey between the two seamless.

This year’s addition is expected to have over 15000 entries, a cash prize of more than INR 65L and incentives worth INR 50L+ in the form of AWS Credits, and free subscription to services like Canva, Freshworks, Autodesk etc.

The event is being organized in association with Piramal Finance, WebEngage, Arcana, AWS Activate, Chiratae Ventures, Enlightenvc.online, Avaada, Shiru Startup, and We Founder Circle.

The registration process for startups is now open. They can register at ecell.in/eureka

This year the competition will have 7 tracks. Those include the Yes Bank Business Track, Yes Bank Business Track, QED Investors FinTech Track, Union Bank Social Track, BPCL Energy Track, Komet Web3.0 and Blockchain track, and Westbridge Capital Pan-IIT Track.

The finals of competition will be held in the E-Summit’23, which is E-Cell IIT Bombay’s largest business conclave conducted in a span of two days every year. The E-Summit consists of a variety of events catering to students, corporates, investors, mentors, influencers and people from various other domains.

Apart from events, the E-Summit also has several competitions, including Money Heist, IPL

Auction, Ace the Case, Get Set Pitch, Bid and Build and Boardroom. Eureka! Finalists will get the opportunity to come to the summit, pitch their ideas and win prizes.  (KNN Bureau)