Volume 04     Issue 04     20 April 2010           
   CIIE launches iAccelerator 2010:

iAccelerator 2010 edition

The iAccelerator programme this year is expanding across the country. We intend to fund 20-25 companies across India.

The format of the programme is a little different this year, startups will attend a 10 day 'boot camp' at IIM-A where we will help them get their companies registered, build a sense of community and have mentors and industry veterans inspire the startups. The remaining period will be spent at partner premises where the startups will build the first version of their products. At the end of the 3 month period we will have a 'demo-day' where the startups will present their products to prospective customers and investors.

We have also partnered with committed institutions and individuals around the country to provide the best incubation support to iAccelerator startups. These are:

HydCubator in IIIT Hyderabad

The HydCubator is a catalyst equipped to provide the core ingredients for entrepreneurs working on a niche idea – the support will be in the form of a seed fund, a hub or common office area, mentorship in business development and technology and access to networking events.


PESSE in Bangalore

Peoples Education Society was established in 1972. PES runs a group of premier institutions that offer a multitude of diploma, undergraduate and postgraduate degree programs in a variety of disciplines. PES School of Engineering (PESSE) carries forward the principles and spirit of its founder Chairman Prof. M. R. Doreswamy: innovation, entrepreneurship, outreach and perennial love for quality education.


Setu Ventures in Delhi

Setu Ventures offers transformational and measurable capabilities in fulfilling the strategic and operational needs of early stage start-ups. It provides senior management services in terms of strategic guidance, sales and marketing support and operational management.

Setu Ventures works along with the entrepreneurs or the start-up teams in developing and improving the delivery capabilities of the business idea with an objective to ensure success for the start-ups. The management service led investor role of Setu Ventures, thus, clearly differentiates itself from the traditional mentoring model followed by investors. Setu Ventures has a portfolio of 7 companies in sectors ranging from online gaming to solar energy.


IIIT Bangalore

The International Institute of Information Technology, a Deemed University, popularly known as IIIT-B, was established in 1999 with a vision to contribute to the IT world by focusing on education and research, entrepreneurship and innovation.


Jaaga Bangalore

Jaaga is a creative community center in the heart of bangalore which seeks to nurture innovative endeavors by providing space, core infrastructure, and a diverse social environment. Several startups from the previous iAccelerator are currently in residence at Jaaga including HashCube and Aploplio.


MentorEdgeMentor Edge

CIIE's MentorEdge conducted a Mentoring Clinic in Mumbai on the 10th of April at SPJIMR, the first one to be hosted in the city of Mumbai.

The Clinic was well received, with over 70 people attending it. Prof AS Rao, Prof MS Rao, Mr. Sanjay Mehta, Mr. Kaushik Mazumdar, Mr. Arun Anant and some more of IIM Ahmedabad Alumni participated as Mentors to about 40 startups.

About MentorEdge:

MentorEdge is a Pan India network of Professionals and Experts who love to spend time with Entrepreneurs, helping them make strategies for their start ups and achieve traction. The initiative was launched in the Month of October and since then it has grown at a very fast pace.

MentorEdge is active in 3 cities of the country - Ahmedabad, Bangalore and Mumbai and we are looking at expanding to Pune, Chennai, Hyderabad in the next leg.

More on http://mentoredge.com

iWeekend in India

iWeekend is an intensive event that brings together a highly motivated group of 50 entrepreneurs and professionals to select a couple of ideas and work together to launch a first version of the products (usually web applications), all in one weekend.

The event brought together an interesting mix of technology entrepreneurs, professionals, mentors and investors. It was organized in Ahmedabad, Bangalore and Delhi over consecutive weekends in March 2010.

iWeekend is a non-profit organization started in Spain in 2008 with the mission of promoting the culture of entrepreneurship in new technologies.

In India, it was organized thanks to the initiative of Nadathur S. Raghavan Centre for Entrepreneurial Learning (IIM Bangalore), Centre for Innovation, Incubation and Entrepreneurship (IIM Ahmedabad) and TiE Delhi (The Indus Entrepreneurs, Delhi chapter).

The event was targeted towards professionals, freelance, students, of any age: programmers, designers, marketers, business folks, lawyers, etc. with a passion for technology, internet and the world of software. A total of 6 products were created in the 3 events.

www. iweekend.org

Four new start-up companies sanctioned for MSME seed fund through CIIE.

Meeting for MSME Fund Management committee of CIIE was carried out on 23rd January, 2010 at CIIE building. Four new start-up companies got sanctioned for the MSME seed fund through CIIE.

Bhuved: GIS and data mapping

Uniken – Hand Geometry: A system to sense motion of hand and identify a person with very high accuracy and low costs.

Uniken – Transafe: System to ensure totally safe & hack proof electronic transactions with Banks etc.

Energia drying And Cooling - Non humid air cooling systems.

Incubatee News

iBloom Technologies launched the expert sign up invitation site of their flagship product


In the spotlight

Events Collaborations

iWeekend in India

V mukti attends EmTech, the emerging technology conference hosted by Technology Review

MSME Seedfund Meeting at CIIE

CIIE India
Contact us at:

Centre for Innovation Incubation and Entrepreneurship
Indian Institute of Management (IIM), Vastrapur, Ahmedabad - 380015 Gujarat, INDIA
E-mail: ciie@iimahd.ernet.in Phone: 079 6632 4203 Fax: 079 6632 4207
Web: http://www.ciieindia.org/


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