Why?
Students who complete certificate courses and innovation cohort need to be engaged on a continuing basis for advancing the project objectives of venture building and making students choose entrepreneurship as a career option.
There is a need to bridge the innovation teams between the incubation program they graduate from and the subsequent journey toward the acceleration program to keep the momentum.
Some support is required so that the potential innovation teams can go on the venture building path.
The continuing support will build rapport among students and teachers’ community about seriousness of the imitative and attract students for subsequent cycles
For Who?
Innovation teams who received pre-seed grants
Innovation teams completed the innovation cohort without receiving pre-seed grants
What is there?
University Innovation and Entrepreneurship Community (UIEC) led and run by the graduating students, leading towards Alumni club
On-demand online mentorship (ODM) on specific areas of venture building process up to 10 hours
Match-making with service providers for incorporation and compliance for future due diligence
Endorsement for joining accelerator programs
Endorsement for grants and funding from other programs
Invitation to various knowledge sessions
Automatic participation in Inter-university challenge competition for receiving seed grants
University Innovation and Entrepreneurship Community (UIEC)
This is a voluntary group of all graduating students of certificate course and innovation cohort
Initially, it will be a virtual community on Facebook and LinkedIn
The social media pages will be administered by UIHP Secretariat engaging volunteers from the graduating students
The governing structure and SoPs will be determined based on the experience of the UIEC’s operation for next six months.
Possible activities
Knowledge sessions organized by UIHP and partners
Monthly online get-togethers
Showcasing of progress with products/ ideas
More activities to be identified by the community itself
On-demand Mentorship (ODM) 1
The graduating innovation teams will have a chance to get a maximum of 10 hours of online mentorship
The areas of mentorship:
Product market fit
Branding
Technology enablement
Financial modeling
Corporate Compliance
Financial compliance
Sales strategy
Any other topic important for the innovation teams
On-demand Mentorship (ODM) 2
International and national mentors will give you mentorship
One mentorship session will be one hour long
You will find mentorship areas and mentor's profiles on the website. You may choose a specific mentor and request a session. The desired mentor will be contacted by UIHP and set up an appointment with a zoom link.
Up to 10 hours of mentors are sponsored by various partners
After 10 hours, the mentorship will be for a fee, which will be notified later.
Match-making with Service Providers
On the journey from prototyping to market validation to early market traction, you will need to prepare yourself for pitching to potential co-founders and investors.
This will require some preparation in terms of corporate and basic financial discipline.
The secretariat will provide match-making services with the right institutions for basic services at a discounted price.
Match-making with Service Providers
Endorsement for accelerator programs
The PGP will endorse all graduating innovations to various accelerator programs.
The respective accelerator programs will select the eligible teams according to their selection criteria.
Endorsement for grants and funding from other programs
The PGP will endorse the innovation teams to various programs for grants and funding
The respective programs will invite the innovation teams base don their selection criteria for pitch for grants or funding.
Inter-university challenge competition for receiving seed-grants
Three Inter-university innovation challenge competitions will take place for pre-seed funding of total 100 teams out of 300+ graduating teams
The innovation teams will be required to continue their efforts to improve their prototype/MVP and pitch deck
The first competition will take place in October, 2024