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Title: Entrepreneurship Spirit in ABV-IIITM Gwalior


1
Entrepreneurship Spirit in ABV-IIITM Gwalior
  • Presented By
  • Rahul Kala,
  • AI and Expert Systems Lab,
  • ABV-Indian Institute of Information Technology
    and Management Gwalior
  • http//students.iiitm.ac.in/ipg_200545/
  • rahulkalaiiitm_at_yahoo.co.in,
  • rkala_at_students.iiitm.ac.in

Conceived and Compiled By Mithilesh
Kumar Siddharth Goyal Rahul Kala Chandan Kumar
Singh
31st December, 2009 Edited 18th October, 2012
2
Entrepreneurship Spirit in ABV-IIITM Gwalior
  • Exotic

3
Entrepreneurship
  • A Few Basics

4
What?
  • One of the four mainstream economic factors
    land, labor, capital, and entrepreneurship.
  • Derived from 17th-century French entreprendre

Entrepreneurship is the dynamic process of
creating incremental wealth. This wealth created
by individuals who assume the major risks in
terms of equity, time, and/or career commitment
of providing value for some product or service.
The product or service itself may or may not be
new or unique but value must somehow be infused
by the entrepreneur by securing and allocating
the necessary skills and resources.
Robert Ronstand
5
Characteristics
6
Innovation
Creativity is a prerequisite to Innovation
7
The Creative Process
8
Challenges
9
Entrepreneurship inABV-IIITM Gwalior
10
A Few Examples
And many more
11
Some from Current Final Year
  • Exotic Solutions Pvt. Ltd.

12
Entrepreneurship in the Institute
  • People who knew that entrepreneurship was their
    chosen Path. They took the plunge straight after
    their MBA passing out from ABV-IIITM Gwalior or
    after working barely a couple of years. And they
    persevered until they made it big!
  • These entrepreneurs did not plan to take this
    path but when opportunity knocked they seized it.
    Their stories go to show that you don't have to
    be 'born with it', you can develop an
    entrepreneurial bent of mind at any age.

Source Rashmi Bansal, Stay Hungry, Stay Foolish,
CIIE, IIM
13
What makes this possible
14
What makes this possible
15
Integrating IT with Management
I2M Approach
16
Case Study I Advantal Services
  • The main Business area of Advantal Services is to
    build complex mobile applications for platforms
    such as Symbian, Windows Mobile the iPhone.
  • These 2 co-founders had started their Business
    with just Rs.5,000 in Cash 2 Laptops. They have
    started this Business from home only. Yes, the
    start up of this Business was Home-Based. Both of
    them have shared a flat, of which one room was
    converted into an office. Both of them are
    graduates from The Indian Institute of
    Information Technology Management, Gwalior.
  • The Company was founded in July-2008, in Gurgaon
    and thats the middle of the recession. And both
    of the co-founders are claiming that they have
    already clocked US 50,000 (Rs.25 Lakhs) in
    Revenues and a full order book for next 6
    months.665
  • Advantal has recently collaborated with Israel
    Government

17
Integrating IT with Management
M2I Approach
18
Case Study II CEON Solutions
  • CEON Solutions is the brainchild of 3 students
    from Indian Institute of Information Technology
    and Management, Gwalior who believed in creating
    everything out of nothing. Mr. Abhay Panjiyar,
    who heads the venture, developed an analytical
    problem solving software for schools. The
    software was so innovative that it won 5 national
    Open software contests at various IITs (Indian
    Institute of Technology).
  • The team went on to win Gold Medal in Anveshan II
    (IIM-A), a Nationwide Business Plan contest. The
    team also won International recognition and was
    invited in the final of International Business
    Plan contest in USA.
  • CEON Solutions Pvt. Ltd is supported by CII at
    IIM-A and CEON is proud to have its operation
    from IIM-A campus.

19
Open Ended Curricula
  • Self Study, Internships, Electives, Free
    Electives, Projects
  • The Golden Rule
  • Catch a field and master to fullest extent with
    desired subjects and projects

They are not made They emerge out
20
Case Study IIIVoice Info
  • Voice Info started with the work of Mayur Gupta,
    Pranjal Parashar, B. Vidya, Bharat Jain Started
    as a Btech Project for Speech Recognition.
  • The project won numerous Open Software and Paper
    Presentation Contest.
  • The team was featured in Times of India.
  • This was further developed as Masters thesis.
    Voice Info now stands as a new starter providing
    Voice Recognition.

21
Knowledge Sharing
  • Culture to discuss, share and collaborate
  • Hub of Diverse Intellectual Capital
  • Strong student bonding
  • Entrepreneurship is a tradition
  • Some formal platforms
  • AASF, SF-FOSS, MAD, La-Vista

22
Case Study IV Bcube IT Services
  • Bcube IT services Pvt. Ltd. is one of the fastest
    growing BPO, handling Contact center Management
    and Customer relationship management services.
    Since inception Bcubes focus has been on
    customer deliverance, with right mix of
    technology the companys real strength is in
    creating innovative ways of handling customer
    queries.
  •  Bcube is focused on delivering Contact center
    solution in call centers, Customer relationship
    Management services, database management and back
    office support services for Both domestic and
    international customers.        

23
Case Study V RealtyApple
  • RealtyApple.com is a leading real estate
    consulting and marketing company. From strategic
    consulting right through to finding territory for
    customers, RealtyApple.com straddles the entire
    property management space.
  • As a diverse end-to-end real estate consultancy
    provider, RealtyApple.com offers a range of
    expertise aimed at helping customers re-design
    their business space to compete successfully in
    an ever-changing marketplace. We have strategic
    planning and marketing alliances with over
    top-notch companies that help us provide
    end-to-end services to our customers. Our unique
    delivery model allows us to leverage local
    competencies to offer global competitiveness to
    our customers.
  • Our business processes are thorough. Our team
    includes in-depth knowledge driven associates,
    who believes in providing right information, at
    right time, to right people.

24
Micro Initiatives
  • Industrial Base of Gwalior
  • Industry oriented learning
  • Live Case Studies and Projects
  • Industrial Internships
  • Emphasis on e-Governance and related courses
  • HR Meets, Industrial Meets, etc.
  • Regular interaction with Entrepreneur Alumni
  • Institute Encouragement to B. Plans
  • Hosting of Pioneer, Institute B PLan Contest with
    e-Cell IIT Bombay

25
Technology Innovation and Incubation Center
26
Case Study VIFile Tracking System/SORS
  • File Tracking System was developed by a set of
    pre-final year students. The Software was
    deployed at Central Narcotics Department Gwalior.
    This has won award for excellence by the Govt. of
    Madhya Pradesh in the area of e-Governance

Students Online Registration System is a student
made software to automate the Academic
Registration System of the Institute. The project
was put under pilot run in the previous semester
and main run in the current semester.
27
Entrepreneurial Accolades
  • Some Accolades of BPlans
  • 1st Position in Effervescence08, IIIT Allahabad
  • 1IIrd Position in Effervescence08, IIIT
    Allahabad
  • Finalists at Magnum Opus, IT BHU09
  • Numerous BPLans presented at Pioneer, ABV-IIITM
    Gwalior

28
Facts for a Promising Future
  • Student Intake has Doubled
  • Establishment of Technology Innovation and
    Incubation Center
  • International and National Collaborations
  • Maturing Culture
  • And Ever Increasing Motivation
  • Institute Alumni about to be CEO of a leading
    company

29
Thank You
30
Dr. Sid Gautam
  • Director, Center for Entrepreneurship Director,
    Cape Fear Area Consortium of the Small Business
    and Technology CenterProfessor of Financial
    Economics
  • Ph.D. in Financial Economics
  • Joined Methodist University in 1967
  • Chairman of the department of Economics and
    Business Administration for 20 years.
  • Founder director of Center for Entrepreneurship
  • Director of the Cape Fear Area Consortium, N.C.
    Small Business and Technology Development Center.
  • Associated with numerous organizations of
    research and development.
  • Published numerous papers and books
  • Delivered numerous keynotes at prominent places
  • Recently delivered a lecture TiECon Rajasthan 2009

"Perseverance is not a long race, it is many
short races one after another." Walter Elliott
From Center for Entrepreneurship, Methodist
University Website
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