Education, Careers & Professional News
IIM Lucknow Launches ‘Start-up Showcase’ for Entrepreneurs
Do you believe that your new venture has the capability to succeed but wondered how you will manage the much needed funds to give it a boost? Here is an unique opportunity for you in IIM Lucknow ‘Start-up Showcase’ where both embryonic and established entrepreneurs
dreaming to make it big will be given a platform to pitch their business plans before our partners and angel investors and secure funding to the tune of $ 200,000, if found creditable enough. Participation in this event is not limited to the management students but invites common public as well to present their existing businesses to venture capitalists, angel investors and individuals who are in quest of great businesses to provide funding. This kind of an event is being held in North India for the first time.
This initiative is taken by Abhiyan, the Entrepreneurship Club of IIM Lucknow, which aims to promote an entrepreneurship culture in India. Born in 1999, Abhiyan has developed a good network of valuable mentors around the world, including successful entrepreneurs, venture capitalists, and professionals. Personalities such as Neomagic Corp CEO Mr. Prakesh Agarwal, Walden India Director Mr. Sudhir Sethi, Decide.com CEO Mr. Prasad Roy and Ecode CEO Mr. Rohit Chandra. Sun Microsystems Director Mr. Deepak Bhagat, and the JumpStartUp Managing Director, Mr. Sanjay Anandram, have already been on its board of advisors.
Abhiyan, in association with Seedfund, NEA-IndoUS Ventures, GEN, TiE and Baring Private Equity Partners, is organizing this event which is a part of Nirvaan 2008, the Entrepreneurship Summit. Nirvaan, with a presence of personalities such as Mr. Sanjeev Bikhchandani (Naukri.com), Mr. Anand Lunia (Seedfund), Mr. Rohit Agarwal (Techtribe) is an excellent opportunity for students and budding entrepreneurs to also secure mentoring on their business plans from India’s best entrepreneurs. Seedfund, the leading associate of NIRVAAN 2008, is a venture capitalist fund that has evolved according to the Indian business climate. It can invest amounts as low as Rs. 1 to 5 crores in a business, making it the India’s smallest, but most beautiful VC fund - a dream for entrepreneurs.
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