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Youth Enterprise
     Fueling Innovation & Entrepreneurship




    kishore Balaji      Guhesh Ramanathan
    INTEL               IIM Bangalore

1
Agenda


    •Define the Issue and Stakeholders - The Scenario

    •About the program Youth Enterprise

    •Elements of program – Youth Enterprise

    •Karnataka Example

    •The Out comes

    •The Journey

    •The Learning


2
Youth Enterprise



       An Ideas development framework

      that develops ideation and innovation

             skills of young people




3
Youth Enterprise
                     Program Structure




        Case Study               Intel’s Tech Lab          Mentoring



       Get an     Validate        Develop      Test your
                                                                Pitch
        Idea     your Idea       your Idea       Idea




                 Intel’s Ideation-Camp       Intel’s Entrepreneurship Basics




4
The Scenario in Karnataka
                             Citizen Services and Partnerships




                   NGOs                     VLEs

       Foundations                        Funding agencies


    CSCs &
    Tele centers                                    Mentors



                     Pref. access, Scale, Growth,
                              Incentives,


                   Academia Large Companies
                             Student


5
Youth Enterprise
                                                   The Karnataka Example

         Objective : Build capability among local youth to develop real solutions to
         real problems for the citizens of India.




                                  Intel         DST
                                                                                                          Focus areas
                 Partners




                                                             Local Youth            VLEs
                                                                                                          •Education
                               Academy         Mentor             Academy           NGOs                  •Healthcare
                                                                                                          •Agriculture
                                                                                                          •Employability
         The Process
                                  Idea          Idea Camp               Develop                           •P
    Student on-boarding




                                                                                           Test Idea           Pitch
                                                                         idea




                                                                                                                               Ideas to Market
                            • Case Study on    • 2 days of           • Intel Tech Lab   •Deep Dive        • 11 Ideas
         & Context




                            State of eGov in   extensive             – Technology &     Mentoring         • 2 Winner
                            Karnataka - by     session by            Technology         • 5 mentors –     announced
                            CPP IIMB           Sputnik 5             selection          NSRCEL            •6 Shortlisted
                            Focus areas:       • Idea Selection      session            • Biz strategy,   for ongoing
                            •Education         and Idea                                 funding, IP       mentoring
                            •Health            Management
                            •Employability
                            • Agriculture
                                               process


       1 month                                                             5 days                                          6 months
6
Youth Enterprise
                             The Venture



      Abhyudaya : Mitigating financial risks arising from
        weather & price variation for less fortunate farmers


      AgroSTATS: Mitigating financial risks arising from
       Yield computation errors
      KVKS: Information service on finance products and
        programs


          Rozgar Data: Job exchange and skilling portal
            for rural workforce


         Remote: Remote school administration and
           attendance management

          PlanMyHealth: Remote diagnostic service to rural
              Karnataka leveraging Telecetners, through
7             VLEs
Youth Enterprise
                                The Karnataka – Journey So far.




                                                                                                                       Aug’12
                                                                                                                      Review 3
                                                                                                                   Funding & rollout


                                                                                                               June’12
                                                                                                              Review 3
                                                                                                         Customer feedback



                                                                                              March’12
                                                                                              Review 1                              AgroStat gets
                                                                                           Idea Validation                          Customer nod
Jan’12 – Intel/DST/ IIMB - aligned
                                                                  Feb’12
                               Feb’12                          5day workshop
                                                                                                                   April’12
                        50 Students nominate
                                                                                                                   Review 2
                                                                                                             Customer connections

                                                                                        Feb’12
             Jan’12                                                                     6 ideas
    25 Institutions engaged                         Feb’12                         Picked to mentor
                                     eGov Case study published - IIMB- CPP            At NSRCEL
8                                                                       6 months
Learning’s so far

    •   Contexting accelerates Innovation

    •   Ideation and Idea development required skill

    • Important to engage/onboard Multi Stakeholder engagement . PPP models,
    accelerate solution development
        - Technology screening
        - Prototype screening
        - Co-creation of solution between stake holder (Govt) and Youth

    • Real time Idea validation & Mentoring plays a critical role in building deployable
    solutions and business models

    •Ventures need deep support and customer connections.

    •Model is replicable, should you have clear partnerships.

9
ANIS 2012 youth enterprise_kishore balaji

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ANIS 2012 youth enterprise_kishore balaji

  • 1. Youth Enterprise Fueling Innovation & Entrepreneurship kishore Balaji Guhesh Ramanathan INTEL IIM Bangalore 1
  • 2. Agenda •Define the Issue and Stakeholders - The Scenario •About the program Youth Enterprise •Elements of program – Youth Enterprise •Karnataka Example •The Out comes •The Journey •The Learning 2
  • 3. Youth Enterprise An Ideas development framework that develops ideation and innovation skills of young people 3
  • 4. Youth Enterprise Program Structure Case Study Intel’s Tech Lab Mentoring Get an Validate Develop Test your Pitch Idea your Idea your Idea Idea Intel’s Ideation-Camp Intel’s Entrepreneurship Basics 4
  • 5. The Scenario in Karnataka Citizen Services and Partnerships NGOs VLEs Foundations Funding agencies CSCs & Tele centers Mentors Pref. access, Scale, Growth, Incentives, Academia Large Companies Student 5
  • 6. Youth Enterprise The Karnataka Example Objective : Build capability among local youth to develop real solutions to real problems for the citizens of India. Intel DST Focus areas Partners Local Youth VLEs •Education Academy Mentor Academy NGOs •Healthcare •Agriculture •Employability The Process Idea Idea Camp Develop •P Student on-boarding Test Idea Pitch idea Ideas to Market • Case Study on • 2 days of • Intel Tech Lab •Deep Dive • 11 Ideas & Context State of eGov in extensive – Technology & Mentoring • 2 Winner Karnataka - by session by Technology • 5 mentors – announced CPP IIMB Sputnik 5 selection NSRCEL •6 Shortlisted Focus areas: • Idea Selection session • Biz strategy, for ongoing •Education and Idea funding, IP mentoring •Health Management •Employability • Agriculture process 1 month 5 days 6 months 6
  • 7. Youth Enterprise The Venture Abhyudaya : Mitigating financial risks arising from weather & price variation for less fortunate farmers AgroSTATS: Mitigating financial risks arising from Yield computation errors KVKS: Information service on finance products and programs Rozgar Data: Job exchange and skilling portal for rural workforce Remote: Remote school administration and attendance management PlanMyHealth: Remote diagnostic service to rural Karnataka leveraging Telecetners, through 7 VLEs
  • 8. Youth Enterprise The Karnataka – Journey So far. Aug’12 Review 3 Funding & rollout June’12 Review 3 Customer feedback March’12 Review 1 AgroStat gets Idea Validation Customer nod Jan’12 – Intel/DST/ IIMB - aligned Feb’12 Feb’12 5day workshop April’12 50 Students nominate Review 2 Customer connections Feb’12 Jan’12 6 ideas 25 Institutions engaged Feb’12 Picked to mentor eGov Case study published - IIMB- CPP At NSRCEL 8 6 months
  • 9. Learning’s so far • Contexting accelerates Innovation • Ideation and Idea development required skill • Important to engage/onboard Multi Stakeholder engagement . PPP models, accelerate solution development - Technology screening - Prototype screening - Co-creation of solution between stake holder (Govt) and Youth • Real time Idea validation & Mentoring plays a critical role in building deployable solutions and business models •Ventures need deep support and customer connections. •Model is replicable, should you have clear partnerships. 9