iweekend is a wonderful concept by iweekend.org, a spain based organization. Around 50 entrepreneurs participate in this 2.5 days event. On friday evening session, few entrepreneurs present their ideas, other vote for them online thru their laptops. Based on voting 7 entrepreneurs are selected for next round. They have to face Q&A from other entrepreneurs and again there is one more round of voting. Top 4 makes to next round.
In the final round, an invited guest (in Amity, Noida - IIM, Banglore faculty) asks few questions from selected entrepreneurs and they reply to it. Again there is a round of voting and then finally two entrepreneurs are declared winners.
Next 2 days, all entrepreneurs form 2 teams with two selected ideas and work to create a complete business plan as a team. They in turn are mentored by VCs, senior entrepreneurs and other leading industry persons.
In short this is a wonderful experience. More as as my idea was declared winner #1 at Amity, Noida.
It was also organized at IIM, Banglore, IIM, Ahmedabad apart from Amity, Noida in March 2010.
See the video of my presentations in next few posts