V Guard Ltd is launching a business plan contest targeting MBA and B.Tech students across the country. The V Guard ‘Big Idea Business Plan Contest' is aimed at promoting the spirit of entrepreneurship and innovation among students of India. The contest provides a unique opportunity to students to be creative, propose new business avenues for V Guard and draw up a plan on what they think should be V Guard's next move for growth, differentiation and leadership, a press release issued here said.

Registered teams will have to submit a short executive summary of their business plan for V Guard. The top 20 teams shortlisted would advance to the contest's finals and would be mentored by a V Guard Manager.

The performance of the teams would be evaluated on the basis of a written report and oral presentation.