Semester End Faculty Meeting – May 27, 2023

The SCMS Post Graduate Programs faculty met on Saturday, May 27, 2023, to deliberate on the semester gone by. The event was attended by fifty faculty and eleven alums. The Hon'ble Vice-Chancellor Dayananda Sagar University kicked off the program and spoke on several management and higher education issues and areas of improvement. Faculty and alums inputs were duly noted, and action items were generated.

Jade-Krishnamurthy Business Plan Competition: 2022 - 2023

The 2022 - 2023 Jade Krishnamurthy Business Plan Competition is an annual SCMS Entrepreneurship Club Acura event and concluded on May 09, 2023.

The six finalists from diverse backgrounds and across Bengaluru have presented innovative business plans.

The award function was held on May 09, 2023. The Hon'ble Pro-Vice Chancellor, Mr Janardhan, will preside and give away the awards.

Mr Sidharth Agarwal, Founder & CEO of Innosential AI, New Delhi, will be the guest of honour.

We are grateful to our event sponsors who have supported us through the year -

• Dr Sandeep Krishnamurthy, Dean, University of Washington (Bothell), USA
• Surya Software, Bengaluru
• Jaro Education, Mumbai
• Boldfit, Bengaluru
• ICAP Solutions, Bengaluru

Brief Details:

The Jade-Krishnamurthy Business Plan Competition is an annual event encouraging young denizens of Bengaluru to ideate on entrepreneurial ideas. For 2022-2023 two hundred participants attended four workshops, and thirty business plans were found to be eligible for the final award round, of which six were eventually shortlisted.

We hope these young participants will pursue their dream and execute entrepreneurship opportunities. Entrepreneurship is a pillar and expected outcome of the many programs at SCMS, and the business plan competition is an intervention in that direction.

The proposals were diverse and included plans for:

• Setting up outlets for exotic teas ( Organic ) and traditional fresh snacks
• Creating a new line of chemical-free beauty products
• Sports Entertainment - Interactive Projection Games
• Conversion of accumulated carbon dioxide to carbon black
• Setting up kiosks for battery swapping (e-vehicles)
• Creation of a platform to host professors of HE as a database

Interestingly, about 40% of business plans were presented by women.

The Winner

The Business Plan Competition 2022-2023 was won by Ashwini N, a professional software engineer. Her plan deals with establishing outlets for Exotic Tea made from flowers and bringing the local cuisine of Karnataka to the fore. She received a cash prize of INR 50000 from Dr Sandeep Krishnamurthy, Dean ( Bothell School of Business ), University of Washington, USA.

Acura Entrepreneurship Club

The Acura entrepreneurship club has finally concluded its 6 months long event full of informative workshops and equally enriching participation from across various universities in Bengaluru - The jade krishnamurthy business plan competition 2022- 2023! We will award the winners tomorrow at the DSU innovation campus!