Quick note on PowerPlug contest. We moved the application deadline from March 20th to March 21st, i.e. today (owing to Holi festival).
Before you ask who is eligible for the contest, read our earlier article on What Does It Takes To Be A PowerPlug [A Story Of 52 Failures].
Who is this for?
Typically, product startups and to be precise, startups of age >6 months. If not revenue making, you should have pivoted the product and found a sweet spot in the market.
Why the minimal restrictions of 6 months?
Well, 6 months is what it will ideally take you to pivot/find a sweet spot for your business/product plan [aside, real entrepreneurs do gatecrash].
- Potential of Business Idea
- Articulation of the Business Plan and Understanding of the Competition
- Execution Strategy
- Team and company building
Do I need to submit a Business Plan?
No. Just fill up the form (also embedded in this post).
– More FAQs here.
How Do I Keep Myself Updated With the Contest?