Innovation, Motivations

“Technology crafts” for the digitally challenged

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Two-thirds of the world may not have access to the latest smartphone, but local electronic shops are adept at fixing older tech using low-cost parts. Vinay Venkatraman explains his work in “technology crafts,” through which a mobile phone, a lunchbox and a flashlight can become a digital projector for a village school, or an alarm clock and a mouse can be melded into a medical device for local triage.

Vinay Venkatraman aims to design technological devices for the “bottom of the pyramid” rather than simply for the affluent.

Innovation, Resources, Startups

10 College Business Incubators – USA

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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.

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Innovation

Reverse Innovation

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Vijay Govindarajan delivers a thought provoking talk on ‘Reverse Innovation,’ a term he co-defined referring to innovation emerging from developing nations.

Vijay Govindarajan is the Earl C. Daum 1924 Professor of International Business and the Founding Director of Tuck’s Center for Global Leadership. Cited by BusinessWeek, The Economist, Forbes, and The London Times as the top thought leader in strategy, Vijay is well known for espousing Reverse Innovation — innovation likely to be adopted first in the developing world before spreading to industrialized nations.

 

Innovation

India’s invisible innovation

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Can India become a global hub for innovation? Nirmalya Kumar thinks it already has. He details four types of “invisible innovation” currently coming out of India and explains why companies that used to just outsource manufacturing jobs are starting to move top management positions overseas, too. (Filmed at TEDxLondonBusinessSchool.)

Nirmalya Kumar is a professor of Marketing at the London Business School and a passionate voice for new entrepreneurs in India.

Finance, Innovation, Motivations, Social Entrepreneurship, Startups

IMC Inclusive Innovation Awards, 2012

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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 ( www.imcnet.org).  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
Motivations

9 Keys to Business and Career Success

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9 Beliefs of Remarkably Successful People

The most successful people in business approach their work differently than most. See how they think–and why it works.

I’m fortunate enough to know a number of remarkably successful people. Regardless of industry or profession, they all share the same perspectives and beliefs.

And they act on those beliefs:

1. Time doesn’t fill me. I fill time.

2. The people around me are the people I chose.

3. I have never paid my dues.

4. Experience is irrelevant. Accomplishments are everything.

5. Failure is something I accomplish; it doesn’t just happen to me.

6. Volunteers always win.

7. As long as I’m paid well, it’s all good.

8. People who pay me always have the right to tell me what to do.

9. The extra mile is a vast, unpopulated wasteland.

Click Here to read the full article

Business Plans, Finance, Social Entrepreneurship

Clean Technology Project Assistance

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No.J.20012/212003-CT

GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT AND FORESTS CLEAN TECHNOLOGY DIVISION

Project proposals are invited for financial assistance by the Ministry of Environment and Forests for the Financial Year 2012-13 under the Central Sector Plan Scheme on “Development and Promotion of Clean Technology and Waste Minimisation Strategies” for those projects whose primary research has already been completed and are ready for Pilot scale demonstration research on innovative technologies in the areas of highly polluting categories of industries. Main objective of the demonstration research projects is to standardize the data obtained after primary research to develop and demonstrate the suitability of the prototype and to study the feasibility of the technology in the Indian environmental conditions both from economic and scientific points of view. The purpose of the scheme is to assist primarily the Small and Medium Scale units which may not have access to the clean technology end the requisite technical expertise to achieve waste minimization.

Ten copies of the proposal complete in all respect and duly recommended by the Head of the Institutions may be submitted by the Research Institutions, both public and private, Registered Companies, Apex Industry Bodies /statutory bodies under Central or State Government in the field of R&D/Extension, with proven track record of having tie-up/collaboration with industries/consortiums of industries etc. The proposal should be related to 17 categories of highly polluting industries identified by the Central Pollution Control Board. However, projects related to common treatment facilities and infrastructure may also be considered. The nature of proposals supported should conform to the objectives of the Scheme and aim at development of a new or improved product resulting in prototype development and ending with demonstration In commercial environment, or development of a new or improved process resulting in establishment of process knowhow, development of process equipment and demonstration of yield, efficacy, energy and material savings/recovery, conservation of resources and waste minimization, environmental benefits etc.

The details of the Scheme and the format for application may be accessed at http://www.envfor.nic.in, by clicking at ‘Divisions’ below ‘about the Ministry’ and further clicking at ‘Clean Technology ‘Division.

For further details please contact: Dr. M. Salahuddin, Director (SE), Clean Technology Division Ministry of Environment and Forests, Room No, 743, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi — 110 003, Tel: 011-24364595 (Tele Fax)

E-mail: m.salahuddin.nic.in

Web Site: www.envfor.nic.in

Last Date for Submission of Proposals: 20°’ July, 2012

Finance, News, Startups

Angel Funding in India

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YourNest

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