PowerPlug is redefining the way the (so called) ecosystem knows about the real technology startups from India. We had a great list of startups that applied for the month of March and the winner, VisualWebsiteOptimizer surely defines the PowerPlug concept (well, the founder gets an iPad).
Do You Have It In You?
The contest is now open for the month of April and here are quick FAQs:
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 (atleast you think so!). You can apply only once in a quarter.
Why the minimal restriction 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].
Is there a theme to this month’s contest
No. All startups can apply.
Selection Criteria?
- 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?
» Follow ThePowerPlug Contest on Facebook or Twitter.
Apply To Be A PowerPlug [April 2011]
The application form for PowerPlug Contest. Last date to apply is April 20th.- Your Name*
- Company Website*
- Email*Your Email Address. Ensure that you check this email id frequently.
- Company Founding Date*
- Product Name*
- Industry Category
- Revenues Status?*
- Pre Revenue?
- Post Revenue
- Product Description*Tell us why do you think this is a great product.
- What (and Whose) Problem Are you Solving?*Be precise about the problem statement you are solving Do mention the target segment as well as your business USP.
- Core TechnologyShare what's the core technology used by the company (LAMP/MS Stack?)
- Working Prototype/Video/Demo LinkShare link to working prorotype or demo of your product.
- The Team*Please share details of the founding team/key team members.
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