B-Plan Competition at Shaastra, IIT Madras

innolabz-bulb 3 January - 6 January, 2019 IIT Madras

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POWER2IDEA by INNOLABZ at Shaastra, IIT Madras is an initiative to bring the dynamic communities of innovators and entrepreneurs together. It is a collaborative competition to develop extraordinary ideas that hold viable solutions.
If you are an entrepreneur with an igniting idea, this is a great opportunity for you to gain recognition and advance professionally.
POWER2IDEA will provide incubation and investment to the unaided but deserving innovators.
Through POWER2IDEA, InnoLabZ aims to make Indian youth inventive & creative. It is striving to add value to the country's rich knowledge-base.

InnoLabZ is an initiative to noodle out the real creativity and innovation in you, business is not just about money, competition but to support each other to bring ease to our customer.

Who can participate in POWER2IDEA?

To keep the participation open and wide, Applications are open for all students, working professionals and entrepreneurs.
If your idea may empower the economy, POWER2IDEA may empower your 'idea'.

Rounds at POWER2IDEA

Registration for Shortlisting

Applications are open to register online for POWER2IDEA shortlisting round.

  • Fill the details
  • Make the payment for Registration fee
  • A link will appear upon the payment of the registration fee. The link will direct the applicant to a questionnaire. The applicant shall answer ALL questions in brief to complete the application procedure.
The shortlisted applicants will be informed and will be sent their confirmation to secure the ‘Entry Pass’ for entering the final event through mail and will get an opportunity to showcase their idea at IIT Madras's Shaastra 2019 in front of an eminent panel of Investors and Specialized mentors.

Final Pitch

The applicants with their respective ‘Entry Pass’ will be pitching their ideas in front of a panel of judges and investors in Shaastra 2019 at IIT Madras. The slots shall be assigned for all the shortlisted candidates by mid December.


Winner: Rs 50,000/- Cash Prize + Free incubation and mentoring support by InnoLabZ Ventures for a period of 6 months.

Runner Up: Rs 25,000/- Cash Prize + 3 sessions of Mentoring on Financial, Digital and Go-to Market Strategy.

Note: All the participants will be awarded a ‘Participation Certificate’ for their valuable participation in the event.

Registrations are OPEN for limited applications.

BPLAN Competition Venue

Shaastra, IIT Madras

Sardar Patel Road, Opposite to C, L.R.I, Adyar, Chennai, Tamil Nadu 600036

Why IIT-Madras ?

‘Shaastra’ at IIT-Madras is the annual technical festival.

IIT-Madras being one of the top-ranking institutions, ‘Shaastra’ has now become one of the largest student-led technical fests in India.

The festival is traditionally held over four days and four nights during the first week of January. It has so far seen eighteen editions, having started in its current avatar in the year 2000. Shaastra attracts participation from all over India, and seeks to provide collegiate students with a platform to showcase their scientific and engineering talents. Shaastra is entirely student managed and holds the distinction of being the first such event in the world to be ISO 9001:2015 certified for implementing a Quality Management System.

How to reach IIT Madras

  • IIT Madras campus is situated about 12 kms from Chennai Central Railway Station. The other landmarks are the Guindy Snake Park adjacent to the IIT Main gate, Gandhi Mandapam (Anna University Stop) and the Central Leather Research Institute (CLRI) campus Opposite to IIT Madras.
    The following are the ways to reach IIT Madras from railway stations (Central & Egmore) and Chennai Mofussil Bus Terminus (CMBT).
  • From Chennai Central:
    You can reach Saidapet by bus and from there you can travel by bus that goes to Adyar. You get down at CLRI Bus stop which is opposite to IIT Main Gate. You can also reach Adyar Signal by bus and from there you can reach IIT Main Gate.
  • Local Train:
    You can walk down to Park Railway Station which is opposite to the Central Station and take a MRTS (local) train to reach Kasturba Nagar (Adayar) and reach the campus from there by walk.
    If you arrive at the Chennai Egmore station, you can take 23C to IIT/ CLRI bus stop.
  • From Bus Terminus:
    If you are traveling by bus all along from your town and reach Koyambedu, commonly known as CMBT, from CMBT, you can come to institute by taking city bus T70 or by Call-Taxi or Auto.

Event Co-ordinators

Meet our pillars of strength! Our events can’t be as impactful without their hard-work.

Lovely Singh

Event Head | 8810613561

Prapul Podishetti

Event Co-ordinator | 9643380927

Soniya Gupta

Event Co-ordinator | 9315662969

Where to Stay?

InnoLabZ will help you to provide appropriate accommodation facilities to the participants during the event. The feasibility of options is being worked-out, keep watching the space for details..