Business Ideas, Innovation, Social Entrepreneurship, Startups

Little Bits – of innovation !

Imagine a set of electronics as easy to play with as Legos. TED Fellow Ayah Bdeir introduces littleBits, a set of simple, interchangeable blocks that make programming as simple and important a part of creativity as snapping blocks together.

Ayah Bdeir is an engineer and artist, and is the founder of littleBits and karaj, an experimental art, architecture and technology lab in Beirut.

Resources, Startups

Starting an SME business in India ?

It is not so complicated if you follow the step by step guidelines given on these various sites :

Innovation, Resources, Startups

10 College Business Incubators – USA


College campuses are ripe with innovation, as students grow through education and experimentation in school. To help foster this innovation, many colleges and universities have opened business incubators, helping students and others in their community to help make their innovative dreams a reality. Whether they’re offering tricked-out labs or incredible funding opportunities, these incubators offer a great opportunity for students who are smart (and lucky!) enough to participate. Follow along as we explore 10 of the most exciting college business incubators around today, and be sure to share your own favorites in the comments.

Click Here for the details


Finance, Innovation, Motivations, Social Entrepreneurship, Startups

IMC Inclusive Innovation Awards, 2012

We are pleased to inform that the IMC Inclusive Innovation Awards, 2012 have now been announced open.

The information for the same is available on IMC Website (  The Rules and Regulations and the Form for Application are attached for ready reference.

The Award for the Winner is an amount of Rs 20 Lakhs, in a form considered appropriate by the Jury.  In addition, Certificates will be presented to those who are short listed for Q & A Session with the Jury.

We do look forward to your sending nominations/spreading information.

Yours Sincerely,
Arvind Pradhan
Director General
Finance, News, Startups

Angel Funding in India


invests in businesses built on vibrant, new ideas. We, at YourNest, provide value to the first generation entrepreneur through mentoring, coaching, and business process development. The start-up team is often bereft of support in this competitive world. As an Indian Early stage fund focussed on Angel investments, YourNest offers support, constant guidance, handholding, expertise in business strategy, and access to a wide network for entrepreneurial growth – besides funds. As a significant player in the Angel Funding eco-system in India, YourNest has already designed and tested systems and processes that can be easily replicated across start-ups for a quicker time to market and agile decision making.

Fund Objectives

  • To invest, as an Angel Fund, at an early stage, in the opportunities opened-up by the explosive growth in entrepreneurial activities in India.
  • Maximise returns by enabling portfolio companies of the Angel Fund to build scale and create value.
  • Focus on building a diversified portfolio of fast growing unlisted start-up companies which –
    – are attempting path-breaking use of technology or
    – have an innovative business model or
    – build on a scalable & SMART Idea or
    – represent an emerging sector.
  • Operate a balanced, long-term, venture capital fund focussed on Angel or Early Stage investment in India.
  • Hold significant minority stake to extend collaborative support for ventures’ growth.
  • Mitigate risk associated with Early Stage investing by identifying successfully incubated ideas led by promising entrepreneurial teams that are ready with a Go-To-Market plan.

Click Here to reach YourNest

Education, Motivations, Startups

Why Startups Fail

An entrepreneur recently asked me why startups fail. Startups fail because they run out of money. You’re probably thinking, “Tell me something I don’t already know!” Read on and you’ll see that statement is deceptive in its simplicity

This post is based both on my experience as an investor and as entrepreneur (when I’ve boot-strapped and venture-funded). The following are the key reasons :

  1. They spend too much on sales and marketing before they’re ready.
  2. The market outpaces the startup’s ability to execute.
  3. The market takes too long to develop. 
  4. Risky Business

It’s not just how fast you run the race that matters. It’s how fast the race is run. When it comes to startups, speed wins. But if you’re still early, don’t increase your burn and overspend on sales and marketing before you’re ready. Sometimes you have to slow down to speed up.

Click Here for some great learning experience from David Feinleib

People / Stories, Social Entrepreneurship, Startups

NoNasties – Organic T-Shirts

We have a problem. A big one. Our farmers are dying. Our land is being poisoned. Our children are being forced into labour.
We need to solve this. ASAP!

Believe it or not, you are a part of the solution. Your choices, your principles, your tastes, your style…all matter. You matter.

And you can make a difference without even going out of your way. Let us show you how.

Click Here for the website and the full story

Education, Startups

National Skills Development Corporation

National Skills Development Corporation (NSDC)

NSDC is a first-of-its-kind Public Private Partnership (PPP) in India set up to facilitate the development and upgrading of the skills of the growing Indian workforce through skill training programs. A large part of the organisation’s efforts are directed at the private sector and towards developing the skills in the unorganised sector in India. NSDC supports skill development efforts, especially in the unorganised sector in India by funding skill training and development programmes. It also engages in advocacy and training programmes, in-depth research to discover skill gaps in the Indian workforce, and developing accreditation norms. To know more, click here.

Motivations, Social Entrepreneurship, Startups

Creating Job Creators

ICreateInc., started in 1999, as a non-profit, in a limited locality in India, to help the disadvantaged who could not get a job and joined the ranks of unemployed or worse, I Create has now become a major movement in India with five full centers (as of December 2009) and hundreds of affiliations. Like minded people have come to the fore to support the ideal of helping the disadvantaged become job creators instead of job seekers.

I Create has developed two main streams for accomplishing the task it has undertaken: “Creating Job Creators” and “Changing the Mindset: Entrepreneurship as a Career Option”

Click Here for their website

Finance, Startups

Working Capital Loans for SMEs

We take this opportunity to introduce ourselves a team of qualified professionals providing customized solutions to Small and Medium Enterprises (SMEs) & midsized corporates at different levels of growth. With strong relationships in banks, we provide an excellent choice to companies looking for working capital & term loans in aggressive time frame.

We specialize in:-

1. Conventional loans

I.            Cash credit / Overdraft limits.  II.            Term Loans / Machinery Loans. III.            Import finance (L/C) & Buyers credit limits. IV.            Export finance (pre & post shipment credit). V.            Bank guarantees. VI.            Private finance through NBFC’s.

2. Non conventional loans

FACTORING (Sales Bills Discounting)

I.            Unsecured sales bill discounting (Factoring) for domestic as well as exports. II.            Interest rate at par with CC A/c. III.            Instant credit upto 90% of your sales invoice within 24 hours of submission. IV.            No collateral security required. V.            Can be availed in addition to your existing working capital limits.

Sectors serviced by us:-

Pharma, Instrumentation, Infrastructure, Engineering, Waste water management, Textiles, Chemicals, Electronics & many more.

We would like to see you excel by allowing us to take care of your financial requirements.

Bhavin Dadia

Capital Solutions


#6, Ground Floor, Siddhivinayak CHS, Building No.19, Tilak Nagar, Chembur, Mumbai 400 089

Phone: (022) 322 322 10 Mobile: 9619191951 |