The “iCreate Entrepreneurial Litmus Test” · The “iCreate Entrepreneurial Litmus Test” ......

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The “iCreate Entrepreneurial Litmus Test” After successful completion of previous batches of iCreate Entrepreneurship Litmus Test Accelerator (iELTA), we are happy to announce the next batch scheduled from the 30 th of May till 28 th June 2019. A selected cohort of entrepreneurial projects will together go through the very intense accelerator program at iCreate. This programme allows 2 members per team to attend the programme. This being a sponsored batch, offers a 100% scholarship hence, no monetary investment would be needed towards the programme fee. However, each participant would need to make a payment towards meal expenses (all meals included) About us International Centre for Entrepreneurship and Technology is an autonomous Centre of Excellence for Entrepreneurship and Technology founded by Shri Narendra Modi, the Prime Minister of India. iCreate’s reason for existence is converting NextGen innovators into successful businesses. Situated on a world class 40-acre campus, iCreate offers residential facilities, labs, office space, mentors, market access as well as seed capital for projects it incubates. A not for profit organization, iCreate is largely funded by the Government of Gujarat as well as the Central Government. About the ELT The ELT is a very intense programme of three modules spanning a little over 4 weeks. Its starting point is you – a person with a product or service ready to be taken to market, we understand that you have already completed the work needed to have an almost ready offering. This programme is designed to take you through a series of steps that give you the confidence that you and your product have what it takes to build a high growth company. With this programme, we will be able to help you with a complete an operational roadmap which will guide you to a high growth business, and the underling organisation as well as enabling ecosystem that would power it. At the end of the programme, based on your findings and experience during this acceleration exercise, if you have a credible growth story, you will pitch in front of an external panel for possible seed funding and further incubation support. Batch commences from 30 th May 2019

Transcript of The “iCreate Entrepreneurial Litmus Test” · The “iCreate Entrepreneurial Litmus Test” ......

Page 1: The “iCreate Entrepreneurial Litmus Test” · The “iCreate Entrepreneurial Litmus Test” ... Minister of India. iCreate’s reason for existence is converting NextGen innovators

The “iCreate Entrepreneurial Litmus Test”

After successful completion of previous batches of iCreate Entrepreneurship Litmus Test

Accelerator (iELTA), we are happy to announce the next batch scheduled from the 30th of May

till 28th June 2019. A selected cohort of entrepreneurial projects will together go through the

very intense accelerator program at iCreate. This programme allows 2 members per team to

attend the programme. This being a sponsored batch, offers a 100% scholarship hence, no

monetary investment would be needed towards the programme fee.

However, each participant would need to make a payment towards meal expenses (all meals

included)

About us

International Centre for Entrepreneurship and Technology is an autonomous Centre of

Excellence for Entrepreneurship and Technology founded by Shri Narendra Modi, the Prime

Minister of India. iCreate’s reason for existence is converting NextGen innovators into

successful businesses.

Situated on a world class 40-acre campus, iCreate offers residential facilities, labs, office

space, mentors, market access as well as seed capital for projects it incubates. A not for profit

organization, iCreate is largely funded by the Government of Gujarat as well as the Central

Government.

About the ELT

The ELT is a very intense programme of three modules spanning a little over 4 weeks. Its

starting point is you – a person with a product or service ready to be taken to market, we

understand that you have already completed the work needed to have an almost ready

offering. This programme is designed to take you through a series of steps that give you the

confidence that you and your product have what it takes to build a high growth company.

With this programme, we will be able to help you with a complete an operational roadmap

which will guide you to a high growth business, and the underling organisation as well as

enabling ecosystem that would power it.

At the end of the programme, based on your findings and experience during this acceleration

exercise, if you have a credible growth story, you will pitch in front of an external panel for

possible seed funding and further incubation support.

Batch commences from 30th May 2019

Page 2: The “iCreate Entrepreneurial Litmus Test” · The “iCreate Entrepreneurial Litmus Test” ... Minister of India. iCreate’s reason for existence is converting NextGen innovators

Essentially the programme is split into three modules:

Operational details

This programme, being very intensive in nature, is residential at the iCreate campus at Ahmedabad.

Residential facilities can be availed at the campus with prior intimation. You may choose to avail

transport facility on prior booking basis only. Meal charges for the program are Rs. 5775/- (five

thousand five hundred seventy-five only) per person to be paid at the time of registration.

For more information: www.icreate.org.in/ielt

Last date of Application 10th May 2019

Please feel free to get in touch with us should you need any further assistance or help in the interim.

Looking forward to hearing from you.

Email: [email protected]

Click here to register

Module 1

• Defining the value proposition of your product, your target market segment, your organisation structure, your enterprise build strategy and then putting the projected numbers (your target customers, your value proposition to them and your costs of doing business) into an operational cum financial plan. Projected numbers will show you the path to becoming a successful, high growth business

Module 2

• Actually, going out and validating the projected numbers. There will be intense customer engagements as well as secondary research for validation of all assumptions.

Module 3

• Refining your assumptions and strategy in light of real evidence coming from the market, and putting it all together into a strategy, numbers based, credible, growth plan for your planned business.

Page 3: The “iCreate Entrepreneurial Litmus Test” · The “iCreate Entrepreneurial Litmus Test” ... Minister of India. iCreate’s reason for existence is converting NextGen innovators