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Entrepreneurship Spirit in ABV-IIITM Gwalior

Entrepreneurship Spirit in ABV-IIITM Gwalior. Presented By: Rahul Kala, AI and Expert Systems Lab, ABV-Indian Institute of Information Technology and Management Gwalior http://students.iiitm.ac.in/~ipg_200545/ rahulkalaiiitm@yahoo.co.in, rkala@students.iiitm.ac.in.

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Entrepreneurship Spirit in ABV-IIITM Gwalior

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  1. Entrepreneurship Spirit in ABV-IIITM Gwalior Presented By: Rahul Kala, AI and Expert Systems Lab, ABV-Indian Institute of Information Technology and Management Gwalior http://students.iiitm.ac.in/~ipg_200545/ rahulkalaiiitm@yahoo.co.in, rkala@students.iiitm.ac.in Conceived and Compiled By: Mithilesh Kumar SiddharthGoyal Rahul Kala Chandan Kumar Singh 31st December, 2009 Edited: 18th October, 2012

  2. Entrepreneurship Spirit in ABV-IIITM Gwalior Exotic

  3. A Few Basics Entrepreneurship

  4. What? • One of the four mainstream economic factors: land, labor, capital, and entrepreneurship. • Derived from 17th-century French entreprendre Entrepreneurship is the dynamic process of creating incremental wealth. This wealth created by individuals who assume the major risks in terms of equity, time, and/or career commitment of providing value for some product or service. The product or service itself may or may not be new or unique but value must somehow be infused by the entrepreneur by securing and allocating the necessary skills and resources. Robert Ronstand

  5. Characteristics

  6. Innovation Creativity is a prerequisite to Innovation

  7. The Creative Process

  8. Challenges

  9. Entrepreneurship inABV-IIITM Gwalior

  10. A Few Examples And many more…

  11. Some from Current Final Year Exotic Solutions Pvt. Ltd.

  12. Entrepreneurship in the Institute • People who knew that entrepreneurship was their chosen Path. They took the plunge straight after their MBA [passing out from ABV-IIITM Gwalior] or after working barely a couple of years. And they persevered until they made it big! • These entrepreneurs did not plan to take this path but when opportunity knocked they seized it. Their stories go to show that you don't have to be 'born with it', you can develop an entrepreneurial bent of mind at any age. Source: Rashmi Bansal, Stay Hungry, Stay Foolish, CIIE, IIM

  13. What makes this possible

  14. What makes this possible

  15. Integrating IT with Management I2M Approach

  16. Case Study – I: Advantal Services • The main Business area of Advantal Services is to build complex mobile applications for platforms such as Symbian, Windows Mobile & the iPhone. • These 2 co-founders had started their Business with just Rs.5,000 in Cash & 2 Laptops. They have started this Business from home only. Yes, the start up of this Business was Home-Based. Both of them have shared a flat, of which one room was converted into an office. Both of them are graduates from The Indian Institute of Information Technology & Management, Gwalior. • The Company was founded in July-2008, in Gurgaon and that’s the middle of the recession. And both of the co-founders are claiming that they have already clocked US $ 50,000 (Rs.25 Lakhs) in Revenues and a full order book for next 6 months.665 • Advantal has recently collaborated with Israel Government

  17. Integrating IT with Management M2I Approach

  18. Case Study – II: CEON Solutions • CEON Solutions is the brainchild of 3 students from Indian Institute of Information Technology and Management, Gwalior who believed in creating everything out of nothing. Mr. Abhay Panjiyar, who heads the venture, developed an analytical problem solving software for schools. The software was so innovative that it won 5 national Open software contests at various IITs (Indian Institute of Technology). • The team went on to win Gold Medal in Anveshan II (IIM-A), a Nationwide Business Plan contest. The team also won International recognition and was invited in the final of International Business Plan contest in USA. • CEON Solutions Pvt. Ltd is supported by CII at IIM-A and CEON is proud to have its operation from IIM-A campus.

  19. Open Ended Curricula Self Study, Internships, Electives, Free Electives, Projects • The Golden Rule • Catch a field and master to fullest extent with desired subjects and projects They are not made… They emerge out

  20. Case Study III:Voice Info • Voice Info started with the work of Mayur Gupta, Pranjal Parashar, B. Vidya, Bharat Jain Started as a Btech Project for Speech Recognition. • The project won numerous Open Software and Paper Presentation Contest. • The team was featured in Times of India. • This was further developed as Masters thesis. Voice Info now stands as a new starter providing Voice Recognition.

  21. Knowledge Sharing • Culture to discuss, share and collaborate • Hub of Diverse Intellectual Capital • Strong student bonding • Entrepreneurship is a tradition • Some ‘formal’ platforms • AASF, SF-FOSS, MAD, La-Vista

  22. Case Study – IV: Bcube IT Services • Bcube IT services Pvt. Ltd. is one of the fastest growing BPO, handling Contact center Management and Customer relationship management services. Since inception Bcube’s focus has been on customer deliverance, with right mix of technology the company’s real strength is in creating innovative ways of handling customer queries. •  Bcube is focused on delivering Contact center solution in call centers, Customer relationship Management services, database management and back office support services for Both domestic and international customers.        

  23. Case Study – V: RealtyApple • RealtyApple.com is a leading real estate consulting and marketing company. From strategic consulting right through to finding territory for customers, RealtyApple.com straddles the entire property management space. • As a diverse end-to-end real estate consultancy provider, RealtyApple.com offers a range of expertise aimed at helping customers re-design their business space to compete successfully in an ever-changing marketplace. We have strategic planning and marketing alliances with over top-notch companies that help us provide end-to-end services to our customers. Our unique delivery model allows us to leverage local competencies to offer global competitiveness to our customers. • Our business processes are thorough. Our team includes in-depth knowledge driven associates, who believes in providing right information, at right time, to right people.

  24. Micro Initiatives • Industrial Base of Gwalior • Industry oriented learning • Live Case Studies and Projects • Industrial Internships • Emphasis on e-Governance and related courses • HR Meets, Industrial Meets, etc. • Regular interaction with Entrepreneur Alumni • Institute Encouragement to B. Plans • Hosting of Pioneer, Institute B PLan Contest with e-Cell IIT Bombay

  25. Technology Innovation and Incubation Center

  26. Case Study – VI:File Tracking System/SORS File Tracking System was developed by a set of pre-final year students. The Software was deployed at Central Narcotics Department Gwalior. This has won award for excellence by the Govt. of Madhya Pradesh in the area of e-Governance Students Online Registration System is a student made software to automate the Academic Registration System of the Institute. The project was put under pilot run in the previous semester and main run in the current semester.

  27. Entrepreneurial Accolades Some Accolades of BPlans • 1st Position in Effervescence’08, IIIT Allahabad • 1IIrd Position in Effervescence’08, IIIT Allahabad • Finalists at Magnum Opus, IT BHU’09 • Numerous BPLans presented at Pioneer, ABV-IIITM Gwalior

  28. Facts for a Promising Future • Student Intake has Doubled • Establishment of Technology Innovation and Incubation Center • International and National Collaborations • Maturing Culture • And Ever Increasing Motivation Institute Alumni about to be CEO of a leading company

  29. Thank You

  30. Dr. Sid Gautam • Director, Center for Entrepreneurship Director, Cape Fear Area Consortium of the Small Business and Technology CenterProfessor of Financial Economics • Ph.D. in Financial Economics • Joined Methodist University in 1967 • Chairman of the department of Economics and Business Administration for 20 years. • Founder director of Center for Entrepreneurship • Director of the Cape Fear Area Consortium, N.C. Small Business and Technology Development Center. • Associated with numerous organizations of research and development. • Published numerous papers and books • Delivered numerous keynotes at prominent places • Recently delivered a lecture TiECon Rajasthan 2009 "Perseverance is not a long race, it is many short races one after another." –Walter Elliott From: Center for Entrepreneurship, Methodist University Website

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