About the Programme
The Technology-based Entrepreneurship Development Programme primary focuses on training entrepreneurs and budding startups understand the entire startup creation process right from brainstorming ideas to building viable innovation driven business. Participants gain insight into indigenous technologies developed or made available by R&D institutions for commercial use.
The Programme includes sessions on the essentials of entrepreneurship, evaluation of the prevalent socio-economic scenario, identification of business opportunities, schemes of assistance offered by various constituents of the support system, preparation of a technically feasible and economically viable project report and the nitty gritty of managing a company.
Depending upon the nature of the project chosen by the innovator, online mentoring sessions with technical experts and various sessions on finance and technology are organised.
The Program caters to aspiring or early-stage entrepreneurs who have minimum graduation or diploma (3 years) in Science & Technology and train via a structured training program which spans for 4 weeks.
Programme Objectives
The primary objectives of the training program is as follows: -
- Develop entrepreneurial mindset among the Science, Technology, Engineering & Medicine (STEM) graduates and diploma holders.
- Promote small enterprises by tapping the latent talents of aspiring entrepreneurs through training.
- Convert jobseekers into job-creators through providing them business acumen.
- Provide networking opportunities through which the aspiring entrepreneurs can connect with industry experts.
Target Group
The aspiring or early stage entrepreneurs presently enrolled/completed a full time degree / diploma at a recognized University, College or Polytechnic.
Programme Duration & Mode
The TEDP Program is scheduled to last for four weeks and will be held online.
Course Content
Introduction to Entrepreneurship
- Understanding the Entrepreneurial Mindset
- Importance of Innovation in Entrepreneurship
- Types of Entrepreneurship: Small Business vs. Scalable Startup
Ideation and Opportunity Recognition
- Generating Business Ideas
- Evaluating Idea Feasibility
- Market Research Techniques
Business Model Development
- Value Proposition Canvas
- Business Model Canvas
- Prototyping and Minimum Viable Product (MVP) Development
- Lean Startup Methodology
Funding and Financial Management
- Pitching Techniques and Investor Relations
- Financial Projections and Budgeting
- Sources of Funding: Bootstrapping, Angel Investors, Venture Capital
Scaling and Sustainable Growth
- Team Building and Leadership
- Building a Sustainable Business
- Social and Environmental Responsibility
- Scaling Strategies
Program Highlights
- Understand the approach of converting an idea into startup venture.
- Get acquainted with the elements of running startup operations.
- Network with well experience Industry experts and mentors.
- Get Digital certificates by Chitkara Innovation Incubator Foundation on successful completion of the programme.
- Get an opportunity to pitch for funding support of upto INR 10 lakh (for top 5 participants).
Application Process
- STEM graduates and diploma holders eager to participate in the program can register here
- Please do note the programme is sponsored by National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology, Ministry of Science and Technology, Government of India.
- So, the training programme is free of cost for participants.
- On successful confirmation of eligibility of the applicant, the applicant will be intimated about the selection process for the programme.
National Science & Technology Entreprenuership Devepoment Board (NSTEDB) – Department of Science & Technology
The National Science & Technology Entrepreneurship Development Board (NSTEDB), established in 1982 by the Government of India under the aegis of Department of Science & Technology, is an institutional mechanism to help promote knowledge driven and technology intensive enterprises. The Board, having representations from socio-economic and scientific Ministries/Departments, aims to convert "job-seekers" into "job-generators" through Science & Technology (S&T) interventions.
NSTEBD is tasked with promoting knowledge-based and innovation-driven enterprises and fostering entrepreneurial and self-employment opportunities for STEM professionals.
About Chitkara Innovation Incubator Foundation
Chitkara University places a high value on an entrepreneurial culture. With the vision "To promote entrepreneurial spirit amongst youth, researchers, engineers, and society at large by promoting cutting edge technology & nontechnology start-ups which will lead to economic and social development of the country," Chitkara University opened its first incubator "Chitkara Innovation Incubator Foundation (CIIF)" in 2013.
This incubator provided a platform for the region's aspiring startups, innovators, and entrepreneurs.
CIIF registered as a corporation under Section 8 of the Company Act on October 30, 2015. A month later, DST, Government of India, recognized CIIF as a Technology Business Incubator.
CIIF-incubated startups come from a variety of industries, including Agritech, Healthtech, Edtech, SAAS, Fintech, etc.