Utkal University Launches Incubation Programme for Aspiring Entrepreneurs


Utkal University’s Centre for Innovation and Incubation (CII) has launched iDeathon M2M 2021 for aspiring entrepreneurs to pitch their revolutionary enterprise concepts. It is a six months launchpad programme for start-ups on the ideation stage

Participants shall be chosen for the Upakram Incubation Program to kick begin their entrepreneurial journey with like-minded catalysts. The choice of essentially the most revolutionary start-up concepts shall be achieved by business leaders, consultants, buyers, officers from the federal government. The prime three concepts will get a money award from the incubation centre.

The registration for iDeathon M2M 2021 is open for college students, innovators, early-stage start-ups, school, analysis students, people or workforce of as much as 4 people. The final date of registration is October 20. The outcomes shall be declared on October 30.

The concepts may very well be within the discipline of agriculture, meals, inexperienced expertise, eco-tourism, natural and nutraceutical, round economic system, renewable power, rural expertise, IT and ICT, fintech, inexpensive healthcare, edtech amongst others.

The centre may also present pre-incubation help to the most effective 20 concepts and prototype grants to the highest 5 concepts after pre-incubation. The start-ups with essentially the most revolutionary concepts may also be linked to the centre’s expansive community of buyers.

Under the incubation programme, the candidates shall be supplied technical help, mentoring and creating the proper platform for networking, whereas making ready for understanding the technical feasibility of the thought proposed. It may also present a one-month pre-incubation coaching to cowl drawback understanding and identification, concept era, analysis, and validation, creating enterprise mannequin canvas and structured inputs on ideation to implementation.

The pre-incubation coaching may also cowl product-market match evaluation, market evaluation, buyer evaluation and income streams. The start-ups may also get in depth help from CII mentors in creating a strong marketing strategy out of concepts and fine-tuning pitch shows to realize buyers’ curiosity.

Commenting on the launch, Dr Manisha Acharya, CEO of CII stated, “Through iDeathon M2M 2021, we are looking for breakthrough ideas and handhold them from creating a powerful business model to a winning investor pitch. Additionally, Utkal University’s research lab and CII will play a critical role together in transforming a nascent stage idea to a full-fledged start-up with a go-to-market strategy.”

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