IFLA - under the aegis of the main event, INFOCOM - is an endeavour to identify, groom and provide impetus to the growth of young and future entrepreneurs. It was launched in 2006 as a paper writing competition for management students across the globe and since 2016 has been re-positioned as an “Original Business Ideas competition”.
Today IFLA has transformed into one of the most prestigious Start-Up Competitions in the country.
IFLA 2018 will be the 3rd edition of the “Original Business Ideas” competition which runs with an objective to encourage germination of Original Business Ideas and provide a platform to showcase the same and provide funding and mentorship opportunities to the young, future leaders and entrepreneurs who have brilliant and original ideas on their mind and the passion to transform these ideas into business models.
The winners will receive cash prizes. Additionally, there will be an 'investor's forum' where all the featured start-ups can raise funds.
Sub Category Student: Top 3 winners get prize money of Rs. 50,000/- each
Sub Category General: Top 3 winners get prize money of Rs. 75,000/- each
Category Original start-up business: Top 3 winners get prize money of Rs. 2, 00,000/- each
Total Prize money being given out at IFLA 2018: Rs. 9.75 lakhs