Title of the event: Lords Shark Tank 1.0
Description about the event (50 Words): LORDS SHARK TANK 1.0: A Spectacular Journey of Innovation and Entrepreneurship
The Lords College Business Management Department proudly conducted the preliminary rounds of LORDS SHARK TANK 1.0 from July 25 to 27, 2024. The event was a tremendous success, showcasing the creativity and entrepreneurial spirit of our students.
Day 1: Inspiring Sessions and Warm Welcomes
On the first day, students were treated to an enlightening session on “Pitch Your Idea” by Mr. Manveen Singh from IIT Delhi. This was followed by a comprehensive overview of the startup ecosystem and funding opportunities presented by the IIT Delhi – Sonipat Incubator for Startups. Lords Principal, Management, and MBA faculty extended a warm welcome to our distinguished guests. The key takeaways for students included insights into “Startup Pitches” and “How to Pursue Entrepreneurship.”
Day 2: Intense Scrutiny and Pitch Deck Insights
The second day saw MBA faculty and the Shark Tank jury meticulously scrutinizing ideas and innovations presented by students from various engineering and MBA departments. A total of 45 students showcased their ideas for consideration and evaluation. The HoD MBA conducted a detailed Pitch Deck Session, providing valuable insights and guidance to the participants.
Day 3: Selecting the Best Pitches and Team Bonding
On the final day, the jury narrowed down the best pitches after thorough scrutiny. It was inspiring to witness the strong team bonding among the students. Some of the standout pitches included:
AI-Driven CCTV Restaurant Management System: Featuring a Proof of Concept (POC).
Travel Smart: Signed an MoU with LORDS TBI as a registered firm, with students presenting a robust aggregator with a revenue and profit model.
Ghar Banao: A comprehensive one-stop destination for all civil engineering works.
E-Cell Initiatives: Five idea pitches from E-Cell students have kickstarted a 1-on-1 program aiming to target 10 initiatives, one from each department.
The GRAND FINALE of LORDS SHARK TANK 1.0 will be held on August 7, 2024. We eagerly anticipate more groundbreaking ideas and look forward to crowning the ultimate winner.
Organized by: Department of Management Studies
Date of event: 25th-27th July 2024
No. of students/participants attended: 100+