Ideation Lab
The Ideation Lab is an innovative competition designed to cultivate entrepreneurial skills through three dynamic challenge rounds. The event brings together teams to develop, refine, and pitch business solutions while fostering creativity, collaboration, and professional growth.
The competition begins with an "Idea Relay," where teams face off by building upon each other's business concepts until one team can no longer contribute. Winning teams advance to the "Problem Statement" round, where they must address specific challenges related to their business idea presented by their previous competitors. The journey culminates in an "Elevator Pitch" round, where teams deliver concise presentations of their refined business solutions.
Participants develop crucial skills throughout this process, including creative problem-solving, strategic thinking, and effective communication. The format encourages teams to think beyond conventional approaches while maintaining practical feasibility. Participants gain hands-on experience in idea generation, problem-solving, and professional presentation – all essential skills in today's business environment.
The Ideation Lab's ultimate goal is to empower participants with confidence and practical experience while potentially generating viable business solutions that could make a real-world impact. The event also creates valuable networking opportunities among like-minded entrepreneurs and innovators.
Date: Wednesday, February 12, 2025
Time: 3:00 - 5:00 PM IST
Venue: Room 400, School of Arts and Sciences, Central Campus
