Startup activator services for academic institutions to foster entrepreneurship and access of Govt fund to setup IEDC/TBI

1. StartupActivator
Nurturing Aspiring Entreprneurs, accelerating Startups and
empowering Academic Institutions to foster entrepreneurship
TM
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2. ( 7 ) steps
1. Culture development through
> Formation of student society and training of selected students.
> Conduct of Entrepreneurship Awareness program
> Conduct of business plan competition to identify first 5-10 business ideas.
2. Conduct of Bootstrap program / workshops in association with companies (
Minimum 4-6 in a year Fee based / Non fee based )
> Technical workshops / hackathons
- Mega Trends and business opportunity ( Google Glass, Cloud, Social media etc.)
- Open source technologies ( OpenERP, tryton, python, Neried )
- Mobile applications
- Robotics
- Data analytics
- IPR ( Patent, Trade marks, Copyrights)
> Entrepreneurship workshop / seminar
- Ideation to Execution
- Business planning
- Challenges in venture creation
- Fundings – Where and how
- Acquiring first 10 customers
Empowering Academic Institutions to promote innovation
and entrepreneurship
StartupActivator
TM

3. ( 7 ) steps
3. Faculty Development
> Training of two identified staff members to train them for providing
facilitation services to aspiring student entrepreneurs
4. Establishment of NSTEDB-DST supported IEDC (Innovation and
Entrepreneurship Development Center)
> Creation of basic support infrastructure and services
> Formation of Managing committe
> Project proposal draft and approval support from NSTEDB
> Access of funding from Govt.
> Organisation development and engagement of students and faculties
> Coordination support for smooth function of the cell
5. TEDP – Technology Based Entrepreneurship Development Programme
> Access of Govt fund for conducting TEDP programme.
StartupActivator
Empowering Academic Institutions to promote innovation
and entrepreneurship
TM

4. ( 7 ) steps
6. Business Incubator – DC-MSME scheme (grant support to 10 business ideas)
> Project proposal draft and approval
> Formalisation of tripartite Agreement (Govt, Incubator and Entrepreneur) for
utilisation of funds under the scheme for providing support to entrepreneurs.
> Formation of Managing committee and selection committee as per DC-MSME
guideline.
> Support in identifying business ideas and selection under scheme
> Implementation of the scheme as per fund utilisation guideline of DC-MSME
supporting activities.
> Monitoring and performance reporting to Govt.
> Coordination and liasoning support with the ministry
Empowering Academic Institutions to promote innovation
and entrepreneurship
StartupActivator
TM

5. ( 7 ) steps
7. Technology Business Incubator – NSTEDB, DST scheme
> Separate registration of society / section 25 company
> Project proposal draft and submission
> Formation of managing committee
> Access of funding from DST (working capital)
> Infrastructure creation and business support facility
> Coordination and liasoning with the ministry
> Establishment of TBI operation procedure, policy
> Incubate selection and exit process
> Mentor panel development
> Marketing strategy to identify the innovative business idea for incubation
> Incubation sustainability model development – Equity based or rental based
> Implementation of best incubation practices and affiliation with international
incubator association and funding agencies.
> TDB – SEED Fund for Incubate – proposal development and submission to
TDB-DST Govt of India.
Empowering Academic Institutions to promote innovation
and entrepreneurship
StartupActivator
TM

6. Awesome outcome !
> Increase of Brand value and credibility of the institutions which will influence
admission of the institutions.
> Employbility enhancement of students through real learning from working with
incubate companies which will increase the placement percentile.
> It will create a vibrant environment of the institutions and will help in producing
employment creator rather job seeker.
> It will help to implement EARN while LEARN policy effectively.
> It will help to encourage and motivate students to start own enterprises with 0
risk which increase the chances of success.
> It will create atleast 5 students enterprises every year – AWESOME
Acheivement.
> Opportunity to have equity in the incubate companies – GREAT benefits as
host institution.
Empowering Academic Institutions to promote innovation
and entrepreneurship
StartupActivator
TM

7. Empowering Academic Institutions to promote innovation
and entrepreneurship
StartupActivator
Sl. Source of revenue Year 1 (Rs. In lakhs)
1 Conduct of fee based joint technical training program 5
2 DC-MSME grant support for 10 business ideas 66.5
3 NSTEDB grant support for IEDC 15
4 TEDP grant for conducting entrepreneurship training 6
TOTAL 92.5
Projected Revenue / Grant inflow in the 1st year excluding
TBI recurring grant for 5 years
Note : Equity in the supported business ideas– valuation depends on the success of
ventutre.
TM

8. Thank You
Contact
S R Mustafa
K-39, 4th Floor, Abul Fazal Enclave, Near Jasola, Okhla, New Delhi-25
E: srmustafa73@gmail.com m: 7838204509, 9654780667,
Linkedin: srmustafa73 Twitter: srmustafa73
StartupActivator
TM