TechIdeaSpace
An NCB and MITCI initiative: to help nascent Technology Start-ups, to turn Innovative/ Creative IDEAS to successful Businesses. TechIdeaSpace is open to all Tertiary Students, Undergraduates, Graduates, Postgraduates, and Researchers, IT/ ITES Professionals, Secondary Students and aspiring Start-ups. This is an on-going project, start-ups can join us through-out the year to turn their idea to business
Objectives
The objectives of TechIdeaSpace are :
- To ensure continuous creation of ideas and start-ups
- To inspire and stimulate development of innovative ideas among start-ups
- To sensitise and disseminate knowledge on Technopreneurship.
- To identify potential ideas for further transformation into successful businesses.
The 6 stages of TechIdeaSpace are
Stage 1:
- Registration
- Once registration is validated you will receive the TechIdeaSpace Submission Form
Stage 2: IDEA submission Form
- Basic Details about your Idea are requested
- Email TechIdeaSpace submission form within one month following validation of the Registration
- Best Innovative ideas will be selected for stage 3
Stage 3: Submission of BM
- Assistance will be provided to work out the Business Model
- Participants of Best ICT Innovative Ideas will submit their Business Model
- Ideas with best Business Model will advance to stage 4
Stage 4: Join Boot Camp
The Participants with best Ideas will join the Boot Camp to get Assistance to
- Prepare Business Plan
- Prepare Financial Forecasts
- Prepare Pitching of IDEA
- Submit B. Plan Exe Summary and Financial Forecasts
Stage 5: Assess Exec Summary/ Financials and Pitching
- Assessment of Exec. Summary and Financials
- IDEAS with best Exec. Summ. & Financials to submit Pitching
- Assess IDEA Pitch and improve
Stage 6: Pitch Your IDEA
- Pitching of IDEA with Panel of Jury
- One to one mentoring in setting up Business
- Assist in Pitching IDEA with Potential Investors and FI’s