Entrepreneurship Spirit in ABV-IIITM Gwalior

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_at_yahoo.co.in,
• rkala_at_students.iiitm.ac.in

Conceived and Compiled By Mithilesh
Kumar Siddharth Goyal Rahul Kala Chandan Kumar
Singh
31st December, 2009 Edited 18th October, 2012
2
Entrepreneurship Spirit in ABV-IIITM Gwalior

• Exotic

3
Entrepreneurship

• A Few Basics

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 thats 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 IIIVoice 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 Bcubes focus has been on
  customer deliverance, with right mix of
  technology the companys 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 VIFile 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 Effervescence08, IIIT Allahabad
• 1IIrd Position in Effervescence08, IIIT
  Allahabad
• Finalists at Magnum Opus, IT BHU09
• 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