Keep updated with the latest campus festivals: Ideas, A startup platform organised by economic times

Ideas, A startup platform organised by economic times

Posted in | at 7:46 AM

Event Name: Ideas

Organised by: Economic Times

Last Date Of Submission: 15-July-2010

About the event:

Smack in the middle of a slowdown, when conventional wisdom advised lying low and letting the bad times pass, The Economic Times called for a few brave men and women. To break free of the corporate chains suppressing their entrepreneurial energy and write their own destiny. Little did we know that it would unleash an army of tens of thousands. Over 12,000 people turned up in Jan 2009 with nothing more than an idea, a partner, and a laptop.

That was The Power of Ideas in 2009. A humble platform created by The Economic Times to groom and nurture entrepreneurs by connecting them with relevant mentors and investors. It is back. And this year, The Power of Ideas is bigger and even more relevant and even more rewarding.

The Economic Times is delighted to join hands with the Department of Science and Technology (DST), Government of India. The Department of Science & Technology, with its immense expertise and relationships in the entrepreneurial space, is offering guaranteed funds worth Rs 5 crore. It will be given out to not just for those who have taken the first step, but even to dreamers who come with nothing more than a good idea. It’s our way of saluting innovation.

Working alongside will be the Centre for Innovation, Incubation and Entrepreneurship (CIIE), Indian Institute of Management (IIM), Ahmedabad. Started as an incubating lab of IIM Ahmedabad, CIIE is today a domain expert, with experience in mentoring, hand-holding and making entrepreneurs investor-ready. In the last few months, CIIE has been sewing together an ecosystem comprising mentors and investors who will evaluate every single business summary that comes to The Power of Ideas 2010 - mentoring and investing in the most deserving. Just to ensure that more dreamers get to meet investors, CIIE has also worked out a unique ten-day incubation programme at its campus for all candidates who make it to the final cut-off list of The Power of Ideas, all expenses paid.

So Thus, this unique public-private-academia partnership means there is real money and real expertise powering The Power of Ideas 2010. Now what are you waiting for?

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