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IDEA REGISTRATION
The two categories of entrepreneurial ideas are:
1. Techno Entrepreneurship
2. Social Entrepreneurship
For any category, business ideas are registered in the following sub-categories:
a. Business idea only
b. Business idea with prototype
c. Business idea with prototype and pilot startup
Teams registered in social entrepreneurship may wish to exempt the concept of
prototype. However, most grades will be awarded in the evaluation of teams in subcategory c, and least for teams lying in sub-category a.
Idea
Techno
Prototype
Pilot
Startup
CREATE
'15
Idea
Sociol
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Pilot
Startup
CREATE 15
III.
IV.
V.
VI.
VII.
VIII.
MENTORING WORKHOP
Following the idea registration stage, we plan to arrange mentoring workshops for all the
participating teams. However, only team residing in Islamabad/Rawalpindi and their
suburbs will be able to attend. Teams from other cities are most welcome to attend the
workshops but their travelling expense will not be reimbursed by the university, nor will they
be offered any accommodation in PIEAS. For such teams, mentoring material (such as
video coverage of the session) will be provided online.
The mentoring session will span over a period of 2 days over a weekend. The registered
teams will be divided into appropriate batches and they are to attend their mentoring
session on both of the days. The expected no. of teams is 100.
Industrial Mentors:
Since we will be allowing only two categories of ideas so we will invite mentors from both
fields. These mentors will help teams with their ideas.
Students Mentors:
In PIEAS we have plenty of students who have been selected for international
entrepreneurship & leadership conferences and have made us proud their outstanding
achievements. Since they have greater exposure and have been a part of these kind of
activities for long time so we plan to assign them the status of student mentors. They will
guide team about their ideas in terms of international value of their product.
Daily Schedule:
Time
Activity
8:45-9:00 am
9:00-10:30 am
10:30-11:00 am
11:00-12:45
12:45-1:30
1:30-3:45
SUBMISSION PHASE
After mentoring workshop each team will have to submit Executive Summary & Elevator
Pitch of their idea by the announced deadline. To help the teams, sample documents
and videos will be provided. Based on these submissions a confidential panel of
professional judges will screen out 5 best ideas for both the categories. No one will be
allowed to affect the judges decision.
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CREATE 15
Following the presentations, Judges will be given time to compile their results and declare
1st, 2nd & 3rd positions in both categories.
It is likely that potential business plan investors will be present in the competition for
business startups. The investors may influence their decisions based on grades allotted by
the judges as a guideline, although this may not be necessary.
Chairman PAEC will be invited to distribute prizes & certificates among the winners &
conclude the ceremony with his kind words.
GRADING POLICY
The grading policy is different for each category of CREATE 15. Teams will be graded with
increasing points awarded from a to c sub-categories. All grades are marked as points
and reported in percentages.
Executive Summary
Feature
Word Length
Document Elegance
Corporate Structure
Idea
Market Need / Opportunity Size
Competition
Customers
Business Mechanism
Marketing Strategy
Team
Projected Finances (figurative data)
Projected Finances (graphical data)
Factual/Survey Statistics
Timeline (in future)
Risks & Mitigation Pans
Exit Strategy
Weightage
Elevator Pitch
Feature
Weightage
Duration
Language
Speech Speed
Tone
Facial Expressions
Gestures
Clothing
Background
Editing Skills
Final Presentation
Feature
Duration
Language
Speech Speed
Tone
Facial Expressions
Gestures
Clothing
Multiple Presenters
Document Style
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Weightage
CREATE 15
Idea
Market Need / Opportunity Size
Competition
Customers
Business Mechanism
Marketing Strategy
Projected Finances (figurative data)
Projected Finances (graphical data)
Factual/Survey Statistics
Timeline (in future)
Risks & Mitigation Pans
Exit Strategy
Images
Call for Action
Interaction