INNOVATION &

ENTREPRENEURSHIP
After GRADUATION – WHAT?
OPTION 1: HIGHER STUDIES
OPTION 2: JOBS INTERVIEW
OPTION 3: ?
OPTION 3: START YOUR OWN BUSINESS
STATISTICS:

In India around 50,00,000 graduates pass out every year..

Out of which 12,00,000 are ENGINEERS
5-6,00,000 are IT/computer Engineers.
India produces 100 times Engineering graduates than UK.
Be the FOLLOWER
 Job GIVER

BLUE OCEAN
 Job GIVER

BLUE OCEAN

Be the LEADER
Be the
TAKE INITIATIVE - CREATE WEALTH - START U R BUSINESS
 INNOVATION

INVENTION

ENTREPRENUERSHIP
INVENTION
INNOVATION
 NEW - CREATION
DISCOVERY
DEVELOPMENT
ORIGINATION
USEFUL – OF SOME VALUE

INVENTION - Synonyms
Vacuum cleaner.
Air conditioner
20th
Automated tea maker.
Electrocardiogram
First powered flight.
Tea bags
Plastic
Windscreen wipers
Silencer for guns.
Radio broadcasting.
Electric washing machine.
Robotics
Genetic Engineering
21st
Nano Technology
Artificial Intelligence
Automation
Machine Learning
Cloning
INVENTION
The INTERNET
 NEW
TRANSFORMATION
REORGANIZATION
ORIGINATION
USEFUL – COMMERCIAL VALUE

INNOVATION - Synonyms
INNOVATION - MARKETABLE IDEA WITH COMMERCIAL VALUE
INNOVATION = INVENTION + COMMERCIALIZATION
INNOVATION = PROFITABLE implementation of IDEA
 INNOVATION

INVENTION
UNDERSTANDING

INSIGHT
Leading to the
creation of
SOCIAL &
ECONOMICAL
VALUE
 INNOVATION

PRODUCT PROCESS SERVICE

INNOVATION

I
INNOVATION - (PRODUCT)
INNOVATION - (PROCESS)
INNOVATION - (SERVICE)
INNOVATION - (PACKAGING)
INNOVATION - (MARKETING)
INNOVATION - (TECHNOLOGY)
Where the IDEA comes from?
 The BEST way to get an IDEA!
DO NOT THINK of IDEA
Look for PROBLEMS

IDEATION
Look for the PROBLEMS of the SOCIETY
SOLVE the pressing PROBLEM and
Build a BUSINESS MODEL
 INNOVATION

INVENTION
UNDERSTANDING

INSIGHT
Leading to the
creation of
SOCIAL &
ECONOMICAL
VALUE
 PROBLEM/ISSUE : SHARED SAFE TRANSPORTATION
BUSINESS OPPORTUNITY: PROFESSIONALLY MANAGED CAB SERVICES
PROBLEM/ISSUE : HOME DELIVERY OF FOOD & BEVERAGES
BUSINESS OPPORTUNITY: NETWORK OF EATING JOINTS
 PROBLEM/ISSUE : RELIABLE DOMESTIC SERVICES
BUSINESS OPPORTUNITY: LOCAL NETWORK FOR DOMESTIC SERVICES
 PROBLEM/ISSUE : AFFORADABLE GLOBAL DISTANCE EDUCATION
BUSINESS OPPORTUNITY: COLLABORATION WITH INTERNATIONAL UNIV.
 PROBLEM/ISSUE :HOME DELIVERY OF MEDICINES
BUSINESS OPPORTUNITY: HOME DELIVERY OF MEDICINES AT
AFFORDABLE PRICE
 PROBLEM/ISSUE :VOICE OVER INTERNET PROTOCOL (VoIP)
BUSINESS OPPORTUNITY: NETWORK CONNECTIVITY USING VoIP
Watch the TRENDS
ARTIFICIAL INTELLIGENCE
AUTOMATION ALTERNATIVE & RENEWABLE ENERGY
RECYCLE & REUSABILITY
University Education is the ideal launch pad to early
ENTREPRENUERSHIP

University Time is the RISK FREE Time

For launching your START UP

ENTREPRENUERSHIP (INCUABTION CENTRE)

Incubation & Innovation Centre/Cell

Laboratory for Entrepreneurial Advancement & Performance

Laboratory for Entrepreneurial Advancement & Performance
ENTREPRENUERSHIP
SUCCESS STORIES
ENTREPRENUERSHIP
SUCCESS STORIES
ENTREPRENUERSHIP
SUCCESS STORIES
ENTREPRENUERSHIP
SUCCESS STORIES
ENTREPRENUERSHIP
SUCCESS STORIES
YOU could be the NEXT
“Your First Office could be your HOSTEL ROOM”
 VALIDATION & SCALING

IMPLEMENTATION & PILOT TESTING

INCUBATION & FUNDING

IDEA VALIDATION
BUSINESS PLANNING & DOCUMENTATION

IDEA GENERATION

ENTREPRENUERSHIP PHASES
PHASES:
1. IDEATION (Basic Research)
2. APPLIED RESEARCH (Feasibility)
3. PROOF OF CONCEPT (INNOVATIVENESS)
TARGET MARKET (SEGMENT)
BUSINESS PLAN
REVENUE PLAN
4. WORKING PROTOTYPE
5. ENGINEERING PROTOTYPE
6. PRODUCTION PROTOTYPES
7. SUPPLIERS CONTRACT
8. DISTRIBUTION NETOWORK / CHANNELS
9. PRODUCT TESTING & LAUNCH
10. FINANCAILS – REVENUE STREAMS & GROWTH TRAJECTORY
INCUBATION CENTRE/CELL:

Setting up of INCUABTION CENTRE/CELL is the process of establishing measures for DE-RISKING

an IDEA or a START-UP and help in IMPROVING the odds of SUCCESS.

INCUABTION process can take different forms & shapes including :

- Providing OFFICE INFRASTRUCTURE & FACILITIES
- Providing PROTOTYPING LABORATORY
- Providing SEED FUNDING
- Providing MARKET ACCESS
- Provide BUSINESS MENTORING
- ALL
I AM YOUR BOSS!
I AM THE BOSS!
INNOVATION & ENTREPRENUERSHIP and YOU!