Social Entrepreneurship workshop and competition at IIT-Madras

The India chapter of Asia-Pacific Student Entrepreneurship Society (ASES-India) operating out of IIT-Madras is set to conduct workshops running up to a competition in which the best social business plan will be rewarded. Times of India reports,

Participants must submit executive summaries of their business plans by January 25 after which around 15 to 20 teams will be short-listed and mentored.

Results of the first round will be declared on February 1 and the formal mentoring including development of prototypes of short-listed projects will commence on February 15. In all five awards will be given.[Source:

The website created for the competition, named Genesis, indicates that while prizes in the competition bring for good publicity for the winning ideas, the workshops will offer valuable lessons to learn to all the participants, who may also stand to gain from their interaction with people from IIT, Rural Innovations Network, Ashoka, Indian Angel Network, TiE – the partners of ASES-India for this competition.

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Can academic institutions help build entrepreneurs?

I picked up this video from Guy Kawasaki’s blog. This is how he describes it:

This is a video of the winner of Stanford’s Entrepreneurship Week innovation tournament. The challenge for the tournament was to use an everyday object to create as much value as possible. The “RubberBandTogether” team’s goal is to sell the ball and donate the proceeds to the Susan G. Komen Breast Cancer Foundation. Cost? $1/band or $3,056.

Its fascinating to see students in the team starting something from scratch, working together and actually implementing the idea. Although these experiences are usually beyond the realm of classroom learning, academic institutions can play an important role in developing entrepreneurs, through events like the Stanford Entrepreneurship Week. The key with such initiatives is to get students to interact with the ‘real world’.

Of course, we have covered Genesis, India’s premier Social Entrepreneurship competition conducted by IIT Madras. I’m sure there are a lot more we have missed. Drop us a word in the comments and we will feature efforts within your campus to encourage entrepreneurship.

In the beginning …

While this came to ThinkChange India’s attention after the deadline past, the competition seems like a great opportunity for our readers and should definitely be something to do next year.

Titled Genesis, this competition, which will be held at IIT-Madras, aims to do the following:

Genesis is a social entrepreneurship competition that aims to bring together social entrepreneurs, students, NGOs, innovators, incubators, corporations and financiers and encourage them to come up with innovative ideas which are socially relevant and feasible.

The competition is open to all students and working professionals (including NGOs) who have ideas that are innovative, feasible and can benefit society. Our only restriction is that 50% of the registered members of every team that enters this competition should be students.

This year the deadline for first round submissions was February 25th. The full schedule of events can be found after the jump.

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