The objective of the competition was to ignite the passion of self-dependency in the students of IIMR. Competition is designed in three steps from registration to price declaration. Main event was held on Feb 07, 2024, at IIMR ground. Event started on Feb 06, 2024 when the students registered for the competition. A total of 12 groups registered for the competition. It was a 100/- exercise as one team comprising of 5 members and each member invested 100/-. A total of 500/- were the initial investment for each group. They were asked to develop a product in next 24 hours and were supposed to display on Feb 07, 2024 along with its price. Bootstrapping was also allowed. Faculty, staff and students from all the three institutions were invited to enjoy this and to buy the product from the students. It was a fun filled exercise each one enjoyed it a lot.
Each group was asked to submit the balance sheet (comprising all the details of price of raw material and sale) along with evidence of sale (if product was sold outside campus) next morning. Based on the revenue generated and transparency of the balance sheet, prices were decided
