Entrepreneurship and Innovation Booster through Pratham and Akshar at IIT Madras Project

Proposal for boosting entrepreneurship & innovation at IITM through Pratham & Akshar (Operated by Nirmaan Preincubator)

Objective

• This proposal seeks funding to support two critical programs, Pratham and Akshar, under Nirmaan - The Pre-incubator at IIT Madras.

Description

• 1. Introduction of Pratham and Akshar programs to support student entrepreneurship, 2. Pratham offers 6-month training and Rs. 2 lakhs funding per team, 3. Akshar focuses on building Minimum Viable Prototypes (MVPs) with 6-month training and Rs. 5 lakhs funding per team, 4. Programs aim to create a structured approach for entrepreneurial learning, 5. The proposal also covers operational expenses including salaries and administrative costs.

Impact

• This initiative aims to foster a culture of entrepreneurship and innovation at IIT Madras by providing comprehensive support to student startups, Pratham and Akshar programs will equip aspiring entrepreneurs with essential skills, mentorship, and funding to transform their ideas into viable businesses, Additionally, the proposal emphasizes aligning projects with UN SDGs, contributing to sustainable development, Ultimately, the funding will empower students to become successful entrepreneurs and create a thriving startup ecosystem on campus.