The 50 Rupee Venture: A Startup-Style Challenge at Technovanza

The 50 rupee venture appeared in the 2011 edition of Technovanza and was designed to examine management and entrepreneurship skills.

The rules in short

Every team began with the same small starting capital of 50 rupees. The goal was to multiply that amount as far as possible. Participants were free to choose how, which meant they could use any management skill or creative idea they thought could earn money.

What it teaches

Challenges like this turn abstract business concepts into a hands-on exercise. Teams must find a customer need, price a product or service, control costs and sell, all with minimal capital.

See also Consultant and Manageria, or go back to the overview.