Under the innovation India-power of Idea’s concept IIM-Ahmadabad
(India The best Management institute) in collaboration with Department of Science
and technology (DST) and The Economic Times
has invited LIFE project team to share the LIFE project model with IIM-Ahemdabad
and DST team on 17th/11/2012
at JSS Academy of Technical Education and Enterprise park, Noida.
The power of idea’s concept is to
recognise the innovation in India
under various sectors and caritas India LIFE team has shared the
model of LIFE project to mitigate migration and to increase agriculture
production.
Caritas India team has shared the LIFE project model with the team and received a various feed
back on how this could be a better social business model. In the workshop 15
innovative models of business were presented and our caritas India LIFE project
model was the only model from the social sector. The whole day session were
facilitated by an experienced team of IIM-A , IIT Rorrkee and DST. The key
facilitators were: Dr. Raghunandan (Incubator and enterprise head –DST), Mr. Ashwin
( Visting faculty IIM-A and IIT rorkee), Mr. ANKUR (IIT Roorkee), Mr. Kapil
gupta ( CEO-OMLOGIC communications), & Mr. Amar (Business consultant) . In the entire day workshop key focus were:
· Making any development or business project visible and
self sustainable from its day one.
· Usage of social media especially twitter and blog could attract
key investors to invest in the project. In development project it would be the “future”
to generate funds through social media nd blogs
· The network called Indian angel supports form different
innovative ideas http://www.indianangelnetwork.com/
·
SIDBI also supports for development based innovations http://www.iitk.ac.in/siic/
Result of the workshop:
· Although we were not able to convince IIM-Ahemdabad and
DST team (we cleared on 2 rounds of Power of Ideas Innovation) for further
taking this idea for further round of innovation where IIM-A and DST would be
supporting for 5-15 lakh finacial support and all technical support to make the concept of LIFE project model
operational, but for further innovation in LIFE project Caritas India could use
the DST Incubator ( more you can see in the attached video of Dr. Raghunandan
speech http://www.youtube.com/watch?v=iSee7--mCW4&feature=youtu.be
) and physically and virtually to
strengthen the concept/idea.