Innovation - Discussion parameters & the way forward.

Phase 1 To develop a methodology for conducting the study Timeline 22nd August - 2012 In order to have a better understanding of the subject matter we need look into the triangular framework within the Eco-System.

Impact Funds

Ecosyste

Innovation

MSME

Innovation o Need to understand the subject matter with focussing on both Product & Process Innovation Look into various innovations being done in MSME domains.

MSME o o o o What we understand from MSME? What are various domains under which MSME operates Sectors under MSME domain What stake does MSME has in overall sector Pie considering Primary, Secondary & tertiary sector?

Impact Funds

o o

What are these Impact Funds? Major funds operating the market & the stakeholders involved in the same? What are the various sectors these funds are operating into?

ECOSYSTEM o In order to have a better understanding of the current Eco-system we need to study the various Innovation schemes run by Government Filtering them down to around 20 Best schemes currently operational in the market Devising out a framework / factors / parameters to measure the impact of such operation schemes by broadly looking into the following points

Operational Market Service Delivery Impact of the scheme on subject Stakeholders involved in the scheme.

Once the above background study falls into place than we as a team would be able to envisage a Framework / methodology to chart out the various ways in which how the project deliverables can be addressed as per RFP

Chapter 1
Background Study Appreciation of the Brief Study Objective Timeline

Chapter 2
Study Methodology Identification & Short listing Secondary research from Impact Funds. Analysing the various Scheme of Government. Output of the above - Selection of the Sectors. Interview with below Stakeholders o o o o o Fund User(Innovators) Investors Fund Houses Government Thinking Gurus

Chapter 3

Case Study Analysis a) Successful & Un-Successful Business Models

Chapter - 4
Stakeholders Checklist b) Innovator o o Background Ideation o Gaps

Support Financial Non-Financial

o o

Business Model Challenges Past Current

Impact Fund Houses a. Introduction 1. When was the fund house set up? 2. What was the Gap that made its existence? 3. Type of Organisation (Partnership/NGO/Company)? b. Purpose of Existence 1. Basic Motive for existence? 2. Modus Operandi? 3. Parties /Stakeholders involved in the business model? c. Funding Mode 1. Are you funding the innovative projects or any other Commercial Business plans as well? 2. How would you define a business model?

3. Types of Projects that are being funded? 4. What are the various types of Funds utilised for funding? 5. What is the basis on which the selection of the sectors to be funded is done? 6. Major sectors on which Fund house is currently working? 7. At what stage do you offer your services to the innovator i. Ideation ii. Growth iii. Scale Up 8. What type of support function is offered by Fund House i. Financial Vs Non-Financial Support? ii. Methodology involved in the above? 9. Full Vs partial funding? 10.Who are the actual Investors Self/ GOI / VCs / Angel Investors 11.Domestic Vs International Investors?

d. Selection of Projects/Innovators/MSME/Individuals 1. Who are the main parties to be funded? 2. Checklist being referred while selection of the above Innovators? 3. What are the best ways to manage an Innovation portfolio?

4. How do you manage Innovation in the Inclusion space? e. Roles played by Fund houses in Eco-system 1. Looking into above question from the point of view of all stakeholders i. VCs/Investors ii. Government iii. Innovators iv. Collaboration Mode (Business Model) f. Demand Vs Supply gaps

1. Recent trends on the Applications received for funding 2. Major sectors from where such demand is coming? 3. Is the current set up enough to cater to the existing demand?

g. Exit Strategies 1. When do you decide to exit the funding? 2. What are the issues while doing the same? 3. Major challenges faced by Innovator in the above regard? 4. Quoting examples of the Innovators being successful after exiting of funding. h. Challenges faced in the process 1. Selection of the Innovators 2. In terms of Support i. Financial ii. Non-Financial 3. Challenges according to stage i. Inception/Ideation ii. Growth iii. Scale Up 4. Demand Vs Supply Gap 5. Life Cycle management

Innovator a. Introduction 1. How did the Business Idea fruit up? 2. What was the Gap in the market? 3. Does the above Idea related to Innovation in Product/Process? b. Project Details 1. Type of Business Idea i. ii. iii. iv. If involves Innovation ( Product / Process ) Business Locale Which Stage is Business going on? Support seeked

2. Financial Self / Impact House / GOI /Private Soruces

3. Non Financial Self / Impact House / Others 4. Support Seeked i. ii. iii. Type of Support What stage support was seeked Financial 100% or less

c. Awareness about Govt. Schemes & Impact Houses 1. Govt. Schemes available for the innovation done by the Innovator? 2. Knowledge of various Impact houses supporting such Innovations? d. Challenges faced 1. Type of challenges faced i. Financial ii. Non-Financial iii. Govt funding iv. Support function v. Scale up issues 2. Stage at which the Challenges were faced? 3. Are the challenges still persistent?