The entrepreneurship cell of Indian Institute of Management Calcutta (IIMC) has launched its flagship Business Plan Competition - 'Ideas to Implementation, i2I', attracting a number of start-ups who vied to be incubated at IIMC.

The top three start-ups will receive a seed funding of Rs 50 lakh this year from Govin Investments and Advisory services - an investment strategy firm this year. In addition to the cash prizes, the winners also stand a chance to be provided incubation support at the IIM Calcutta Innovation Park and receive mentorship.

The event is open to all prospective as well as existing ventures provided the existing venture is less than 3 years old. Registration for the event will close on November 15 and the final round will be held in the first week of February.

Last year's winners in the early-stage start-up category were Zostel Hospitality while Fly My Food and Healthera Industries were the runners-up. In the mature start-up category Karibu Solar Power was adjudged the winner.

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