23 Nov 2020 20:55 IST

IIMU announces its pre-incubation programme

Programme will run for ten weeks starting next year to provide a platform for aspiring entrepreneurs

Indian Institute of Management Udaipur’s Incubation Center (IIMU-IC) announced applications for pre-incubation programme to help transform entrepreneurial ideas into a reality and build successful ventures. The programme will run for ten weeks, starting from January 3. It will provide a platform for aspiring entrepreneurs to work on their ideas.

On this development, Suresh Dhaka, COO, IIMU-IC said,“At IIM Udaipur, entrepreneurship is one of the key building blocks. We endeavour to have a positive impact on the world of business through our curriculum efforts on entrepreneurship. We want to foster innovation and create a socially responsible impact.”

“This is not a theoretical program — you will actually start your venture and build it as you progress through this program,” she added.

The programme structure includes generating and selecting ideas; forming and developing a team; creating and validating the business model; building and testing MVP; achieving a product-solution-market fit; raising and spending seed capital; identifying and managing partnerships; and acquiring and keeping customers, as well as scaling the business. The latest programme is sector-agnostic and is supported by Amazon Web Services, Google Cloud, Wadhwani Foundation and Saksham- The Entrepreneurship Cell of IIM Udaipur. Due to the ongoing pandemic, the programme will be held virtually.