Category: Startups

Motivations, News, Startups

Competition – Entrepreneurs in Life Sciences

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Can you Germinate a Biotech Idea Others Can’t ?

BEST INDIA is a nationwide competition to encourage entrepreneurship for senior level students in the Life Sciences. This is an initiative of Department of Biotechnology (DBT), Ministry of Science and Technology, Government of India and Association of Biotechnology led Enterprises (ABLE).

What you have to do

If you are a Student pursuing Master’s, doctoral degree or BE/B,Tech course in the area of Life Sciences from a recognised Indian University / Institute, form a team of 5 members, identify a team leader and prepare your Concept Note based on an idea in the area of biotechnology that has commercialization potential. Upload your Concept Note on www.ableindia.org.

Last Date for uploading applications – 31 March 2010

Only online submissions will be accepted.

No other form of submission will be considered.

What BEST does for you

A jury examines your idea for scientific merit, innovation and commercial potential and selects 20 teams.

The selected teams get to attend a high quality Entrepreneurship Workshop that addresses commercialization issues such as Business Plans, IP & Patenting Strategies, Raising Finance, etc.

At the end of the workshop, your team will develop a Business Plan and make a PowerPoint presentation to the Jury. From the 20 teams, 3 top teams will be selected.

The 3 winning teams will get an opportunity to present their ideas to Venture Capitalists, Private Equity Fund Managers and other institutional investors, at ABLE’s  Biolnvest Conference – India’s largest and most exclusive Life Sciences Investment Forum.

The 3 winning teams will be awarded Prize Monies of Rs. 500,000/-, Rs. 300,000/- and Rs. 200,000/- respectively.

For format and guidelines, visit

www.ableindia.org or e-mail best@ablendia.org.

ABLE –

Association of Biotechnology Led Enterprises – The collective face of the Indian Biotech Industry

Department of Biotechnology Ministry of Science & Technology

ABLE Secretariat
Biotechnology Entrepreneurship Student Teams
123/C, 16th Main ·Road, 5th Cross, 4th Block, Koramangala, Bangalore – 560 034 INDIA Telefax: +91-80-2563 3853/4163 6853 E-mail: info@ableindia.org www.ableindia.org

Business Ideas, News, Startups, Technology

Best time for Indian small & medium ITES Cos

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This is the best time for small and medium IT & Information Technology Enabled Services (ITES) companies to start, as the cost of becoming an entrepreneur is shrinking two times than what it was five years back, said Sachin Vinod Rathi, Architect Adviser, Microsoft India.

He was speaking at a conference on “Future of India’s IT & ITES Sector; Evolving Business Models for Sustained Growth” organized by the Confederation of Indian Industry (CII) in partnership with Punjab Infotech in New Delhi recently.

Click Here for the full Story…..

News, Resources, Startups

Online Resources for Entrepreneurs

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Gone are the days when you had to run from pillar to post to figure out the most efficient ways to fire up your business. While starting a venture is still far from being “just a click away” the internet has certainly ensured that you literally do have enough information at your fingertips and that once you’ve sorted regulatory issues out, you can tap into several online resources to get yourself up an running. DARE takes a look at some of the best online resources, including some India-specific ones, that budding entrepreneurs can tap into.

Click Here for the full Article

News, Resources, Startups

Clusters for SME growth

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Jagat Shah - Chief Mentor

“A cluster is a geographically proximate group of companies and associated
institutions in a particular field, linked by commonalities and complementarities ”

Cluster Pulse , an ISO certified economic development agency is a professionally managed, self-sustaining, autonomous institution with excellence in implementation of Cluster Development initiatives as its main objective through the twin approach of market intervention & technology upgradation in SME’s.It has worked in 82 clusters in partnership with GTZ, UNIDO, USAID, IFC, World Bank, The commonwealth secretariat, Govt. of Canada, Govt. of Brunei, Government of India – Ministry Of Textiles, Ministry of MSME, Ministry of IT & communications & State Govt. all over India & in 10 other countries including USA, Canada, Brazil, Sweden, UK, Croatia, South Africa, Oman, Brunei, Turkey & Afghanistan. We have worked in 80 industry vertical like Textiles, agro, engineering, pharma, consumer goods, ICT etc.

Click Here for more information for SME training, marketing and growth

Motivations, People / Stories, Startups

Startup Advice in 3 Words

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Dharmesh Shah is the co-founder and CTO of Hubspot.  Dharmesh has held a number of technology management and development positions.  In this very interesting piece, he gives brief, focused and extremely valuable advice to startups which can be practically used in all situations. He calls them triplets ! Some Samples :

1.  Watch your cash.

2.  Pick founders carefully.

3.  Hire generalists early.

10. Never fudge numbers.

11. Encourage diverse thinking.

Click Here for the full article

Motivations, People / Stories, Startups

10 Tips for the First-Time Business Owner

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Advice from a young entrepreneur in the trenches :

  1. Focus. Focus. Focus.
  2. Know what you do. Do what you know.
  3. Say it in 30 seconds or don’t say it at all.
  4. Know what you know, what you don’t know and who knows what you don’t.
  5. Act like a startup.
  6. Learn under fire.
  7. No one will give you money.
  8. Be healthy.
  9. Don’t fall victim to your own B.S.
  10. Know when to call it quits.

Click here for the full article on entrepreneur.com


Business Ideas, Business Plans, Networking, News, Startups

TATA NEN – Hottest Startups Awards

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TATA NEN Hottest Startups — India’s first ever people’s choice awards. Hottest Startups will identify, showcase and support the highest-potential young companies in India.

» Why These Awards?
» Who’s Involved?
» What are the Eligibility Criteria for Startups?
» How does Hottest Startups Work?
» How Are the Winners Chosen?
» What do the Winners Get?
» How Can I Engage?
» Competition Audit
» Terms and Conditions
» Download one page description
Networking, News, Startups

Meet the Startups that could become tomorrow’s industry leaders

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SiliconIndia

Hello,

After the phenomenal success of two-editions of siliconindia Startup City in Bangalore, wherein there were 4000 attendees and 150 Startups, siliconindia is organizing Startupcity on Saturday September 12, 2009 at Hotel Rangsharda, Bandra (West), Mumbai. It’s by far the largest and most exciting event of its kind in Mumbai.

To attend this event, register FREE at http://www.siliconindia.com/startupcity_mumbai/index.php

It is your chance to know the building of cool startups as their founders come and share their journey with us.

Watch live product demonstrations
Get a peek into cutting edge technologies
Lay hands on the best-of-breed solutions
Meet young, energetic, passionate geeks
Experience the culture of innovation in small companies
Visionary Keynotes
In-depth Panel Discussion

TIME: 8.45 AM to 4.30 PM
WHEN: Saturday, September 12, 2009
WHERE: Hotel Rangsharda, Bandra (West), Mumbai

CONFIRMED STARTUPS: Adoroi, Aegis, Ashvatec, Auxano Technologies, Bolohealth.com, Content Syndicate, Colayer, Crederity, Indictrans Technologies, Iken, Jiobindaas, Mapmy India, Mind Technologies, Mobien Technologies, Mobiwik, Naaptol, Nitman Software, Neev Technologies, plugHR, Prescient Technologies, Quantum Pages, Rudraksha Technology, Sampada Software Solutions, Signure Technologies, Soft Script Solutions (Find Guru), Web Bazaar, Virtual Rack, Viral Technologies, VelaiSMS, YoKnowledge.com (Hayagriva Software), YoPedia

Founders of these Startups will pitch their business plans to the investors panel.

Some of the Investors who will be present: Accel Partners, Artiman Ventures, Axon Ventures, Battery Ventures, Bluerun Ventures, Canaan Partners, DFJ, Epiphany Ventures, Greylock, Helion Ventures, IDG, Indian Angel Network, Inventus Capital, Jafco Asia Ventures, Lightspeed, Mercatus Capital, Mumbai Angels, NEA-Indo US Ventures, Nexus India Capital, Ojas Ventures, Qualcomm Ventures, Reliance Capital, Seeed Fund, Sequioa Capital, Singularity Ventures, UTI Ventures, Venture East, Walden International.

A close-door CEO Conclave will bring CEOs, presidents and company owners together for an invigorating exchange of information, ideas and insights. Leaders of over 300 technology companies (startups, domestic IT companies and multinational companies) will attend this event. The roundtable will facilitate an informal discussion amongst the senior management about the best practices of building technology companies, what works, what doesn?t work, potential pitfalls and other challenges. They delve into candid, solution- seeking discussions focused on CEO-level issues – the challenges and pressures unique to top-level management.

Sponsors include IDG Ventures and (!) Zimblee.

To attend this event, register FREE at
http://www.siliconindia.com/startupcity_mumbai/index.php

Please note, we have very limited seats. As an exclusive member of siliconindia network, we would like to give you the preference.To attend this event, register FREE at http://www.siliconindia.com/startupcity_09/index.php

There is no limit for number of nominations from a particular organization. We encourage you to pass on this note to all the professionals you may know of because siliconindia Startup City is specially designed to help them in their professional life. Also kindly send it to your managers, HR and CEOs so that your organization also benefits.

This is undoubtedly the biggest event for startups. There’s no better way to get a good sense of the product ecosystem!

Thanks
siliconindia Team

Marketing, News, People / Stories, Startups

How startups can take on established players?

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While the first customer could help break the ice, innovation, networking, competitive pricing, and good service quality can help you beat competition.

It is a challenge for any entrepreneur to take on big and established players in the market but a multi-pronged strategy can help swim against the tide. Here are a few pointers that can help you tackle the competition….. Click here to read more

Finance, News, Resources, Startups

Government Assistance to SMEs

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Government Assistance to Micro, Small and Medium Enterprises (MSMEs) – Financial and Promotional

An interesting Powerpoint Presentation by Ms. Dolly Dhamodiwalla (dolzeen@gmail.com),  Senior Researcher at S P Jain Institute of Management.

Covers :

  • Definition of MSMEs
  • Thrust Areas for Promotion of MSMEs
  • National Level Organisations for Support to MSMEs
  • Schemes for New and Existing Enterprises
  • Credit Guarantee Fund Trust for Micro and Small enterprises (CGTMSE)
  • …. and much more

Click here for the presentation.