ENTREPRENEURSHIP DEVELOPMENT CELL

(EDC)
Catch them young…..
 WHY HAVE IT AT ALL?...BECAUSE…

The next Make My Trip/OYO can be from your campus.

The next disruptive idea can emerge from your campus.
The best jobs on campus often go to E- Leaders and E-Cell
members.
INTRA PRENEURS
 ENTREPRENEURSHIP DEVELOPMENT CELL

• Club run by students on campus to promote

entrepreneurship.
• Practice and promote entrepreneurship in their
campus communities.
• Explore entrepreneurship as a career option.
 OBJECTIVES OF E- CELL

• Help students experience the world of entrepreneurship through fun activities.

• Provide a platform for students to learn entrepreneurial skills.
• Help students acquire the necessary knowledge, skills and networks to be
highly successful in the careers.
• Build entrepreneurial leaders.
SKILLS STUDENTS ACQUIRE IN AN E- CELL

• Creativity and critical thinking

• Innovation
• Communication
• Leadership
• Team Building
• Risks and Resilience
• Networking
 WHO CAN BECOME AN E- CELL MEMBER?

Anyone can become a E-cell member:

• E-cell members participate in different sets of programs
organized through the E-cell (100+ participating members).
• About 7-20 E-leaders operate an E-cell, depending on the size
of the institute and the E-cell member base.
ORGANOGRAM OF E- CELL
Advisory Board
CEO/ President President
Faculty Members/head of
E- Leaders institute
Entrepreneurs (alumni)
Vice- President Mentors
Industry Professionals

Web Media & Programs &

Fundraising Finance HR
management Marketing Documentation

Team Member Team Member Team Member Team Member Team Member Team Member

E- CELL MEMBERS
 FUNCTIONS OF E- CELL

• Member identification and development

• Mapping resources
• Organising events and activities
• Raising awareness about E-Cell in the campus
• Fund raising
 E- LEADERS

• E-cell leaders (E-leaders) are members who lead and

manage the E-cell. They are responsible for
conceptualizing and organizing programs.
• Are student administrators of an E-cell.
 KEY FUNCTIONS OF E- LEADERS

Operationalising the E- Cell (inspire and engage)

Key player in building campus ecosystem
 Design and execution of program
 Identify core team members
 Fund raising
Succession planning & Handing over
 INITIATING AN E- CELL ON CAMPUS

STRATEGIES
 Membership Drive
 Activity Calendar
 E- Cell website
 Promotional video for E- Cell
 Marketing collaterals
 Media Coverage
 Newsletters/Blogs
 Co- host events with other campuses
 ACTIVITIES AT CAMPUS LEVEL

START UP SATURDAYS- Networking sessions with entrepreneurs, talk shows, idea

discussion.
ENTREPRENEURSHIP WEEK- Build awareness around entrepreneurship at campus, Ent.
Mela, invite budding and seasoned entrepreneurs, students display their products/services.
INTERNSHIP FAIR- Campus invites Start ups to pitch their requirement for internships.
Students selected for start up internships.
IDEATION COMPETITION/DEMO DAYS- Students work on the business idea and are
subsequently judged by a panel of experts to refine their idea.
MENTORING SESISONS- Selected Startup founders/co-founders can be empanelled as
mentors to a student or group of students. Provide guidance and support for their business
idea.
BOOT CAMPS- 7-15 day residential camps for selected students to refine their prototype
and meet key mentors, investors who can support them market their products.
LECTURE SERIES
 ASSESSMENT

#Establish EDC
#Design program and Input
activities for students on Impact
campus
# Direct &
indirect job
creation
# Culture of
entrepreneurship
# On-campus ventures creation
# Linkages to Incubators Outcome
# Students joining start-ups
# Student entrepreneurs created
 EXISTING NETWORKS ON AND OFF CAMPUS

• ENACTUS- Non profit organisation that provides students a platform to collaborate with academic
and business leaders in entrepreneurship space.
• HEADSTART-grassroot level organisations that supports entrepreneurship and startups. 29 chapters.
• E-CELL of various colleges/universities
• Co-working spaces- INNOV8, 91 Springboard
• N. S. Raghavan Centre for Entrepreneurial Learning (NSRCEL -IIM- Bangalore)
• Women Entrepreneurship and Empowerment Foundation (WEE)
• ICreate,Ahmedabad
• TiE (State chapters)
 INCUBATION CENTRES
(SPACE WHERE STARTUPS ARE BORN)
• Incubate ideas , Co-working space
• Helps in product development
• Source seed-funding (in house with equity or govt. support)

Corporate Private Academics Govt

centres supported
Pfizer India Angel IIT/IIM 10,000
Paypal Network Startups
T- hubs
 CHECK LIST

 Host organisation perspective (Vision, mission, location, infrastructure)

 Appointing an Incubation Manager
 Availability of Funds (Central Govt. schemes, State govt. ,VCs, CSR funding)
 Identifying legal status
 Ecosystem development
 Build operations and systems --Manage
 Phase wise growth
PREPARATORY Appointing a nodal person from the Host Institute
PHASE (6-12 Enhancing preparedness to host incubatees
months before formal Preparing a good proposal with focus, vision and mission
launch) Milestones and viable business plans
DEVELOPMENT Flow of funds from funding agencies
PHASE Creation of infrastructure and facilities
(5-7 yrs. after formal Good governance and management system
launch) Core incubator team
Incubation process and value added incubation services
Flow of incubatee entrepreneurs
Network and linkages
Sustenance of incubator operations
MATURE PHASE Good incubation environment
Consistent flow of incubatee entrepreneurs
Visibility in region
Financially sustainable incubator
Expansion and scaling up
Hand holding of new incubators
 INCUBATION CENTRES

ATAL INCUBATION CENTRES (AIC)- Nurture start-up business to scale and sustain their
enterprises. (http://niti.gov.in/content/atal-incubation-centres-aics)
Eligibility-Entities such as such as higher educational institutions, R&D institutes, corporate
sector, business accelerators, group of individuals, and individuals are eligible to apply.
Financial Support
• AIM will provide a grant-in-aid of upto Rs. 10 crore for a maximum period of 5 years to cover
the capital and operational expenditures to establish the AIC.