IIM Lucknow Launches
'Start-up Showcase' for Entrepreneurs
IIM Lucknow to Provide Funding
Upto $ 200,000 for Existing Start-Ups
Last Date for Submission of Executive Summary:
December 20, 2007
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.
Nirvaan, on the other hand, is
also an excellent opportunity for venture capitalists and private equity firms
to find exciting new business ideas and fund them. The success of Nirvaan can be
mapped by the fact that the 2005 winner Mr. Prakash Mundh founded a
successful company Sacred Moments. The company producing 'Blessingz', a
puja-kit, with the funding provided by IIM-L, saw sales to the tune of Rs. 34
Lacs in less than 6 months. If you are looking forward to be the next hero of
IIM Lucknow, then tighten your belts and submit the executive summary of your
existing business at
[email protected] by 20th December 2007.
Contact
Details
For more details about the
event, check the website at: -
URL:
http://abhiyaniiml.com
In case of any clarification, you can contact: -
Nilesh Trivedi,
Co-ordinator - Nirvaan,
E-mail:
[email protected]
