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‘Plan E’ A BITSAA-SVC Entrepreneurship Initiative. Project Goals. Leverage the BITSAA network to create a forum for Inspiring and training the next generation of BITSian Entrepreneurs Finding business partners, advisors and investors Tapping into BITSian talent
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Project Goals • Leverage the BITSAA network to create a forum for • Inspiring and training the next generation of BITSian Entrepreneurs • Finding business partners, advisors and investors • Tapping into BITSian talent • Providing investment opportunities
Project Overview • Kickoff 19th March 2006 • Panel Discussion, “Power of the BITSAA network for the BITSian Entrepreneur” • Next event – Week of April 15, 2006 • Guest Speaker, Idea Pitching, Networking • Future events to include • Educational Talks • Idea Pitching and Networking Events • Business Plan Evaluations • Meet the VCs and potential advisors
How Is This Different? • The inherent BITSian bond • Power of the BITSAA network • Access to guidance from the 70+ BITSian Movers and Shakers in Silicon valley • Potential access to guidance from the hundreds of BITSian Movers and Shakers across the globe • Large pool of young BITSians • 1500+ BITSians in the Silicon Valley alone
Panel Discussion • Moderator: • Jayan Ramankutty (Class of ‘80) • Panelists: • Prem Jain (Class of ‘73) • Punita Pandey (Class of ‘84) • Vivek Paul (Class of ‘80) • Alagu Periyannan (Class of ‘89) • Raju Reddy (Class of ‘81)
What is Entrepreneurship • en· tre· pre· neur ( n tr-pr-nûr , -n r )n. • A person who organizes, operates, and assumes the risk for a business venture • Identifies pain-points as opportunities • Takes calculated risks and leads positively • Passionate, Unconventional and Open • Creates jobs and reaps the rewards
The BITSAA Connection • Raju Reddy: • Was the BITS Alumni Network instrumental in founding and growing Sierra Atlantic? • If so, please elaborate
Women Entrepreneurs • Ms. Punita Pandey • In your experience, is the business world still a man’s world? If so how did you manage to navigate through those infested waters especially being a minority?
Building Ventures • Mr. Alagu Periyannan: • What made you start your new venture and how did you go about building it?
The VC World • Mr. Vivek Paul: • Can you help upcoming entrepreneurs understand the workings and expectations of a VC
Successful Exit Strategies • Mr. Prem Jain: • What would be your advice to the BITSians who are targeting their ventures to be acquired by larger companies such as HP, Cisco etc?