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About Empresario

Empresario is the annual business model competition organized by Entrepreneurship Cell, IIT Kharagpur.
Entrepreneurship Cell is searching for innovative and enterprising ideas through Empresario.
Empresario'22 provides a platform for students to get excellent professional mentorship from our experienced, varied, and distinguished mentor pool, and to showcase their ideas in front of Venture Capitalists, Angel Investors, and Industry Leaders.

If you want to turn your idea into an entrepreneurial venture, then this is the perfect stage for you!

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Product and Services Track

A Business Model that is function oriented and is aimed at providing sustainability of both consumption and production. Ideas/Prototypes based on meeting diverse consumer requirements or providing an innovative service.

Swavalamban Social Track

A Business Model that focuses on adding value to the people at the bottom of the pyramid and/or help building a greener tomorrow. Empresario's very own track for enterprises that have a positive social or environmental impact.


The technology and innovation of financial technology (Fintech) are intended to compete in delivering financial services with the traditional financial method. This is Empresario's new track to promote such new and exciting venture types.


Are you a student of IIT KGP? Got some high-potential ideas? This track is exclusively for innovative Business Models of IIT Kharagpur students. The majority of the team members ( 50% or more) should be from IIT Kharagpur.


Expert Mentoring

In order to develop the idea and bring into reality, the semi-finalists are provided mentors (seasoned entrepreneurs and experienced industry professionals) from various sectors.


Great opportunity to interact and connect with Investors, Bright Minds, Potential Partners and World Class Entrepreneurs.

Startup Services

Advice on legal, taxation, financial, technical aspects of running a startup, co-working space, HR needs etc.

Elevator Pitch

Chance to pitch in front of leading angel investors, venture capitalists and industrialists from reputed firms.

Prize Money

The Prizes include the Winners & Runner-up of Products & Services Track, Winners & Runner-up of Social Track, Best Innovative Product (Product Design), Best IIT Kharagpur Entry.


Content rich feedback on the business model from world class entrepreneurs, investors, and professional service providers on our judging panel.


"Empresario! for me was more than just a business model competition, it was a virtual incubator.The shift from B-plan to B-model benefited us widely as the timeline of the competition kept me motivated to step beyond having just 5 minutes to pitch the entire business. Thanks to IIT Kharagpur for organizing such a professional contest and here's to creating many more success stories!"

Minion Labs

Gokul Srinivas

-Minion Labs

"IIT kharagpur Empresario’2019 was a great platform, where we got another acknowledgement/impetus, which helped us to propel ahead, getting the various pertinent departments in sync with us in our endeavour to shed off the disgraceful stigma of being the “snakebite death capital” of the world. We convey our heartfelt gratitude to IIT kharagpur, for bringing startups like us to the forefront, and help solve major social issues."

Minion Labs

Monosha Biotech

-Social Enterprise

"We are competitive and capable team of the IITians with a vision to revolutionise the way people think about sleep and let them extract the most out of their sleep. In last but not least, We are highly obliged to E-Cell, IIT Kharagpur and our Empresario 2016 mentor Mr. Vishal Bansal. He has helped us a lot to understand startup ecosystem. Empresario is the best place to start Entrepreneurship journey for students."

Minion Labs

Laxmi Kant Tiwari


"Participating in Empresario helped us think critically about virtually every aspect of our startup. Right from our target market and its size, our competitors to scalability of our product etc. This helped us to take a step back and assess our startup with a level of detail one might have overlooked on daily basis. Empresario helped us in Networking and build connections with the judges, investors and entrepreneurs,who at later stages helped us a lot whenever we faced some problems."

Minion Labs

Shubham Baldava

-Ticket Jugaad

"Mind blown, Empresario was the best B-Plan competition out of the 8 we have been selected in. The judges asked critical questions and made sure that it wasn't an easy process. After the competition and before the result, all the judges interacted with us.The mentoring we received at the Microsoft campus was class apart and gave us a US based perspective on how to run a business, besides an amazing opportunity to network."

Minion Labs

Sharyn Potter

-Soteria Solutions

"The platform that Empresario provided, helped us make a refined and solid B-model making us think critically about various aspects of business, ranging from technology it's applicability on a massive scale to distribution channels, supply chain, sales teams, key associations etc with the help of a dedicated mentor. Empresario also helped in connecting with the various potential investors, clients and other start-ups, who could help us in growing at a relatively faster pace."

Minion Labs

Poonam Gupta

-Alive Home

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