Start-ups gain from entrepreneurial education

Indian start-ups will gain from the increasing trend in business schools to offer the services of their students in developing business plans and conducting analyses – in return, students have an incredible opportunity to work with some of the most innovative start-ups in the country and gain practical experience before they even graduate. Mint reports:

Such programmes, B-schools believe, are mutually beneficial. Start-ups, smaller in size and often working on shoestring budgets and limited resources, cannot engage consultants typically used by larger corporate houses.
First-time entrepreneurs can find themselves out of depth while dealing with the financial or marketing side of the company. A team of student consultants preparing to take on management roles might be better-equipped in such situations. For start-ups, this gives them an opportunity to tap into the university’s resources and network of contacts including plugging into venture capital firms.

The top business schools in India are all looking to integrate this concept into their curricula. Now they just need to take it one step further and find opportunities for their students to contribute toward social ventures and start-ups, which would allow them to learn from truly innovative and unique models while learning about issues that are not traditionally covered in business schools.

IIM-A Launches iAccelerator discusses the launch of an incubation program for technology start ups at IIM-Ahmedabad.

“iAccelerator aims at accelerating the web and mobile related brainwaves into prototypes and possibly build a team around the idea, get some funding and most importantly achieve some traction from the potential customers. We feel that it is a novel way of accelerating IT/web/mobile related consumer ideas. The iAccelerator would comprise of intensive monitoring of product development, mentoring by VC, business and technology experts.

The program is set up in a summer camp style and lasts for 3 months. The deadline for applications is April 20, 2008 and the application form can be found here.

Job opportunity at d.light design

From NextBillion. d.light Design is a hot new BOP start-up with funding from who’s who of the social venture capital world. They are looking for a VP – Sales to be based out of New Delhi.

Position: Vice-President, Sales
Organization: The goal of d.light design is simple – to eradicate kerosene lanterns from the face of the earth. To do this it will become the market leader in delivering safe and affordable lighting solutions to over 1.6 billion people who currently do not have access to electricity. d.light’s initial focus is India, where it will provide modern lighting to the 78 million families still using kerosene lanterns.

Position Description: d.light design is hiring a VP Sales Executive who will report directly to the CEO and build sales and distribution in India. This position is based in Delhi and is an incredible opportunity to work with a high growth Silicon Valley social enterprise funded by both US and Indian investors including Mahindra & Mahindra, Draper Fisher Jurvetson, Acumen Fund, Nexus India Capital, Gray Matters Capital and Garage Technology Ventures.

For more details, visit