Alternative Finance Vehicle for Student...

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Alternative Finance Vehicle for Student Start-ups

Transcript of Alternative Finance Vehicle for Student...

Alternative Finance Vehicle for

Student Start-ups

How is Crowdfunding Fostering Innovation at Universities and Colleges?

Crowdfunding Traditional Funding

Free of Ownership/Control issues They call crowdfunding “stupid money”

Indian Consumer Oriented Profit Oriented

Cost Free Marketing Generally money used for marketing

Distribute Publicity materials as rewards Branding costs additional

Best Market Research Tool Better for Valuation

Get ‘Angle Consumers’ n/a

Proof of Value Proof of Expected profits

For Early Stage Finance & Student Startups

Success Stories…

Took workshops and did demos btw more than 4k

students

While working on motion sensing devices, her cup-cakes found many takers

Professors thought it can be a handy tool for their students at Kutch & Kadi

Success Stories…

Sent daily post cards and personal video messages

Interesting rewards like selecting Rally car number

Achieved pre-sale of more than 400 dvds

“Zero liability start-up funding and impart ‘skills’ to pitch Indian dreams and products.”

- CFI

CFI Boot Camp

CFI 2.0 Bootcamp & More…

Registration

and

Selection

Training

And

Launching

Campaigning

2 week Boot-Camp:Ideate, Incentives

Pitch Video & SMO

2 day Work-Shop:Incentives And

Pitch Video

Institutions take Pride

Build Local ‘Heros’

Passion of Project Creator

IPR & Legalities

CFI 100 GUJARAT (June-July 2015)

580 colleges under GTU80000 Final year Projects

95% Student start-ups die due to lack of less than Rs. 10 Lacs

100 Projects convert into Start-ups via CrowdfundingRs 51 x 1000 = Life changing amount for many

Get 100 test users to pay: ANGEL CUSTOMER

-CFI Manual

“Development of Policy Framework for Innovation, Student Entrepreneurship & IPR”

“Crowdfunding in Gujarat Industrial Policy 2015”

“Crowdfunding is like betting against the odds”

Thank You!

Ateet Bajaj

[email protected]

M: +91 9824479002