pan iim alumni startup accelerator program

EXECUTIVE
EDUCATION
PROGRAMMES
PAN IIM ALUMNI STARTUP
ACCELERATOR PROGRAM
Program Directors
Ganesh N Prabhu
Yeshasvini Ramaswamy
Dates
April 9 to May 2, 2014
Pan IIM Alumni Startup Accelerator Program 2014
The Indian Institute of Management Bangalore (IIMB) in association with the Nadathur S. Raghavan Centre for
Entrepreneurial Learning (NSRCEL) will conduct a Pan IIM Alumni Startup Accelerator Program (PIASA) at the IIMB
campus from April 9 to May 2, 2014. This unique 21-day residential program is designed to enable immediate startups by the graduating alumni of all IIMs by converting their business plans into a viable business with personalized
access to potential funding, legal advice, infrastructure support, faculty advise, business mentors & alumni networks.
The PIASA program is designed for graduating or recent IIM alumni. The contents and interactions of this practice
oriented course cover all requirements for an immediate startup that are typically not covered in an IIM curriculum.
Attendance of 90% classroom sessions, submission of a concisely written Business Action Plan and its presentation in
class, is required to formally complete the program and receive the program certificate from IIMB. Participants who
complete the program can also opt to register as IIMB Alumni with access to the international IIMB alumni network.
The Pan IIM Alumni Start-up Accelerator Program 2014 will be inaugurated on Wednesday, April 9, 2014 at 9.00 a.m.
Sessions will be held from April 9 to 29 from 9.00 am to 1.15 pm. Weekday afternoons are for business surveys, field
studies and meetings while weekends are for one-on-one meetings with mentors and group visits to entrepreneurs.
Participants present their Business Action Plans on April 30/May 1 and the program closes with a valedictory on May
2. They can optionally meet mentors on May 3 and stay on at the IIMB hostels till May 31 by paying nominal charges.
The PIASA program has 45 sessions covering a wide range of practical issues relevant to startups, including Crafting
Entrepreneurial Vision, Developing your “Minimum Viable Product”, Lean Startup, Frugal Marketing Techniques, Business
Model Canvas, Validating Plans, Pricing & Promotion Strategies, Bootstrapping & Outsourcing, Financing Strategies, Startup
Negotiations, Leveraging Social Media, Startup Websites, Online Linkages, Monetizing Networks, Communicating with Startup Ecosystem, Startup Recruiting, Startup Evangelism, Legal Structure and Taxation. Apart from IIMB faculty, sessions
will be led by nine seasoned practitioners, entrepreneurs and investors who have mentored many successful startups.
Applicants must fill the attached application form and mail it with a one-page resume and a one-page business plan
brief. Graduating students must enclose a copy of their IIM photo identity card and a cover letter from PGP Chair or
Placement Chair stating that the applicant has opted out of IIM campus placements to start an enterprise. Recent IIM
alumni must apply with a cover letter on their startup plans and a copy of their IIM Diploma. A registration fee of
Rs.1000 paid through a multi-city cheque drawn on Indian Institute of Management Bangalore must be enclosed – it will
be cashed for admitted participants (non-refundable) or returned. Admissions are confirmed only on first-come-firstserved basis for eligible applications and if all seats are filled, confirmations will be made only against cancellations.
The program fee (inclusive of service tax) as stated below covers all program activities, materials, refreshments
between sessions and post session lunch on class session days. It also includes single bed accommodation in a non-a/c
room in the IIMB girls/boys hostel on campus for the entire program period April 8, 2014 (forenoon) to May 3, 2014
(afternoon). Breakfast and dinner is available at restaurants on or around IIMB campus and is not covered in the
program fee. There is no non-residential option and all local participants are also expected to stay in the IIMB hostels.
Paid by March 15
Paid by April 8
Program Fee (up to 50% need based scholarships available for graduating students)
Rs.180,000
Rs.200,000
Optional Lifetime Fees Rs.3000 to join IIMB Alumni Association and for stay extension to be paid on program completion
Twenty need based scholarships are available to cover up to 50% of program fees only for the graduating batch
IIM students. To be considered for the scholarship, send a one page note summarizing your financial situation.
Applicants confirmed admission will have to send a photocopy of their application form along with applicable full/
part program fee by demand draft in the name of Indian Institute of Management Bangalore. Program fees once paid is
non-refundable but can be transferred to other IIMB programs for oneself or to other applicants before the program
starts. No refunds are made once the program starts. Potential applicants can join the Facebook group PIASA.IIMB –
this will enable access to announcements and interactions with others, before, during and after the campus program.
Application forms with enclosures should be sent to Administrative Officer, Executive Education Programs, Indian
Institute of Management Bangalore, Bannerghatta Road, Bangalore 560076. You may call Prof. Ganesh N. Prabhu on
080-26993034 from 6 pm to 9 pm Monday to Saturday for any queries on the program or email [email protected]
Website: http://www.iimb.ernet.in/executive-education/open-programmes-long-duration-programmes/index.htm
Pan IIM Alumni Startup Accelerator Program
Draft Time Table 2014
Date
Apr 08
Apr 09
9.00 hrs – 10.15 hrs
10.30 hrs – 11.45 hrs
12.00 hrs – 1.15 hrs
Arrival at IIMB anytime during the day and check-in at the IIMB Hostel Office
Inauguration and Briefing
Crafting Your Entrepreneurial Vision
Apr 10
Creating and Validating a “Minimum Viable Product”
Monetizable Customer Needs
Apr 11
Lean Startup Methodology
Effective Frugal Marketing
Apr 12
Field Visit to Entrepreneurs / Mentor 1 - One-on-one Meeting
Apr 13
Sunday Holiday
Apr 14
Identifying and Developing Effective Startup Business Models
Apr 15
Validating Your Startup Plan and Competitive Strategies
Business Model Canvas
Apr 16
Effective Pricing and Promotion Strategies for Startups
Business Model Canvas
Apr 17
Bootstrapping and Outsourcing Startup Operations
Business Model Canvas
Apr 18
Startup Financing Strategies and Effective Fund Management
Business Model Canvas
Apr 19
Field Visit to Entrepreneurs / Mentor 2 - One-on-one Meeting
Apr 20
Sunday Holiday
Apr 21
Strategies for Startup Business Negotiations
Leveraging Social Media
Apr 22
Strategies for Making Your Business Plan More Practical
Effective Startup Websites
Apr 23
Strategies for Making Your Business Plan Easier to Fund
Effective Online Linkages
Apr 24
Strategies for Communicating with Your Startup Ecosystem
Evangelizing the Startup Story
Apr 25
Strategies for Result Oriented Entrepreneurial Networking
Monetizing Your Network
Apr 26
Mentor 1 - One-on-one Meeting / Mentor 2 - One-on-one Meeting
Apr 27
Sunday Holiday
Apr 28
Strategies for Hiring and Retaining a Good Startup Team
Effective Startup Interviewing
Apr 29
Choosing an Appropriate Legal Structure and Taxation Impact
Professional Demeanor
9.30 – 11.00 hrs
11.15 – 12.45 hrs
14.15 – 15.45 hrs
16.00 – 17.30 hrs
April 30
Business Action Plan Presentations to Venture Capitalists or Angel Investors
May 1
Business Action Plan Presentations to Venture Capitalists or Angel Investors
May 2
May 3
May 4
onwards
9.00 – 10.15 hrs
10.30 – 12.00 hrs
12.00 – 13.00 hrs
Work/Life Balance
for Entrepreneurs
Awards and
Valedictory
Farewell Lunch
One-on-one Mentor Meetings (optional)
Participants to vacate IIMB hostel
by May 3 afternoon. They can opt
to pay for any additional days of
actual stay @ Rs.150/day. Stay
cannot be extended beyond May 31
Optional Stay at IIMB Hostel to follow up on fieldwork, follow up on funding options, follow up with mentors,
apply for incubation, meet potential clients, recruit employees, seek potential partners, seek distributors etc.
Tea/Coffee 10.15-10.30 hrs; Juice 11.45-12.00 hrs; Lunch 13.15-14.00 hrs; April 30 & May 1: Networking Lunch
Program Directors: Ganesh N. Prabhu (Professor of Strategy, IIMB) in.linkedin.com /pub/ganesh -prabhu/10/498/8b6
Yeshasvini Ramaswamy (Managing Director, e2e People Practices) in.linkedin.com /in/yeshasvini
Pan IIM Alumni Startup Accelerator Program
(April 09 – May 2, 2014)
Registration Form
Name (as in official IIM record in capital letters): ____________________________________________IIM Roll No: _____________
□ Current Student
□ Recent Alumni
Indian Institute of Management _____________________Batch______________
Date of Birth: ___ /___ /19____ List all other Degrees/Diplomas: _____________________________________________________
Current Postal Address till March ____, 2014 (capital letters):_________________________________________________________
_____________________________________________________________________________________________________________
City: ________________ Mobile:______________ Phone: ______________ E-mail:_______________________________________
Permanent Postal Address after March ____, 2014 (capital letters):____________________________________________________
_____________________________________________________________________________________________________________
City: ________________ Mobile:_______________ Phone: ______________ E-mail:______________________________________
Total Work Experience: _________ (years). Highest Designation:_____________________________________________________
Organizations worked in (including as volunteer): ________________________________________________________________
_____________________________________________________________________________________________________________
Form of enterprise (if any):
□ Proprietary
□ Partnership
□ Private Ltd.
□ Social
□ ________________________
Major Products/Services: _______________________________________________________________________________________
Photocopy this form after filling in the cheque details. Send original form with the cheque and all application enclosures.
□ Registration: Rs. 1000 (cheque) □ Early Program Fee: ______________
□ Late Program Fee: ___________________
Amount: Rs. 1,000 by multicity cheque only. Cheque No:____________ Dated:___________ Bank/Branch:_______________
On confirmation of admission and scholarship, send the photocopy of this form with the DD and fill in the details below.
Amount: Rs. ______________ by Demand Draft No:____________ Dated:____________ Bank/Branch:___________________
Cheque / Demand Draft should be in the name of Indian Institute of Management Bangalore payable at Bangalore.
Optional Fees for additional hostel stay and for joining the IIMB Alumni Association are to be paid on program completion.
Other Enclosures (tick those enclosed):
□ Cover Letter from Placement or PGP Chair / Own
□ Business Plan Brief (limited to one page)
□ Resume (limited to one page)
□ Copy of IIM Photo Identity Card / IIM Diploma
□ Note Summarizing Financial Situation Necessitating Scholarship (limited to one page - optional)
Date:____________________
Place:_______________________
(Signature of Participant)
Fill and courier with all required enclosures to:
Administrative Officer, Executive Education Programs, Indian Institute of Management Bangalore, Bannerghatta Road,
Bangalore 560076. Tel: (080) 2699 3816, 2699 3660, 2699 3475; Fax: (080) 2658 4050; Email: [email protected]
http://www.iimb.ernet.in/executive-education/open-programmes-long-duration-programmes/index.htm

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