16,000 business ideas at one place. 850 entrepreneurs mentored. 74 start-ups given intensive mentoring at IIM Ahmedabad.45 entrepreneurs given cash grants and 15 provided seed funding. Wondering!!!
That was The Power of Ideas in 2010.
The Power of Ideas is an initiative by The Economic Times.Ideas will be nurtured with guidance from mentors before submitting to investors.Impressive Ideas will be given grants and seed funds.It is the intellectual property of The Economic Times with a three-way public-private-academic partnership.ET has collaborated with the Department of Science and Technology (Govt of India) and the Indian Institute of Ahmedabad’s CIIE (Center for Innovation, Incubation and Entrepreneurship).
Entrepreneurs,Start-ups,Students,Corporate Executives:Any of these people can participate in Power of Ideas.The only prerequisites are that one should be a Resident Indian,above 18 years of age by JUne 25,2012 and have an idea or a business plan or a functioning start-up.
A briefing of the procedure of THE POWER OF Ideas:
Phase 1:Submission of Business summary + Startup Sessions (Last Date 25 June 2012)
Phase 2:Mentoring + Elevator Pitches for First Cut-off
Phase 3:Final cut-off + Intensive Mentoring at IIM Ahmedabad
Phase 4:Felicitation Ceremony
For more details: www.ideas.economictimes.com