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Start-Buzz launched at Shoolini University

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Solan, Sept 25

Indian Innovation Council (IIC), Shoolini University, today launched its special programme called Start-Buzz in which the students will be invited to come up with innovative ideas, and IIC will be helping them to successfully implement the prototype on the campus.

IIC will also be providing a few selected start-ups with guidance and seed money for them to get ready for the angel investing or venture capitalists.

The first step of the event will be the submission of ideas in which the students are required to submit their ideas between September 25 to 30. In this, the IIC team will go through all the entries and the ideas submitted. The ideas which have the potential to be implemented in the campus will be selected.

Prof Kamal Kant Vashisht, Director E-learning

IIC Convenor, said the candidates will be given two days for the preparation for pitching on October 2 and 3. After this, the candidates whose ideas were selected, will be called upon to pitch their business plan in front of the panel on Oct 3. The candidates will be given two days for the preparation for pitching.

Once the ideas are selected by the panel, the student concerned will have to present a prototype and other statistical figures along with a business plan. It should describe how they plan to implement the idea in the campus if their business plan is approved, Prof Vashisht added.

 

The ICC convenor said some small funding may be provided to the students who need it to develop their prototype.

In the final step, the IIC panel will declare the results on Oct 4 and decide upon a start-up which would be implemented in the campus. A seed amount will be given to the student to turn their idea into reality, said Prof Vashisht.

IIC Shoolini was established in the year 2018 to cultivate an entrepreneurship and innovative culture in the university. The primary mandate of IIC is to encourage, inspire and nurture young students by supporting them to work with new ideas and transform them into prototypes while they are informative years.

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