IIM Bangalore (IIM-B) is organising a business plan contest for budding entrepreneurs from top business schools and engineering institutes across the country, where angel investors will be funding aspiring student entrepreneurs. IIM-B's entrepreneurship and incubation centre, NS Raghavan Centre for Entrepreneurial Learning (NSRCEL), which is supporting the contest, is for the first time organising a 'Shark Tank' for aspiring entrepreneurs, where they are inviting angel investors to fund student business plans, says G Sabarinathan, chairperson, NSRCEL. The business contest is a platform for identifying and nurturing serious entrepreneurial teams and helping them to start up, he says. 'Shark Tank' is a five-minute rapid-fire Q&A where questions will be posed by potential investors and contestants will have to survive that.

Read the Economic Times news report here.