Innovative Business Models On

Renewable Energy Presented At

WeSchool

The thought provoking Business Strategy Development

Competition, the finale of India-Sweden Innovations

Accelerator (ISIA) programme successfully concluded on

August 30, 2014 at WeSchool, Mumbai, where teams from

WeSchool and Institute for Future Education,

Entrepreneurship and Leadership (iFEEL) presented future-

proof business models and strategies on renewable/green

energy that can be implemented especially in the energy

starved rural India.

The business ideas designed by students teams were

evaluated by an external jury panel comprising of Ludvig

Lindstorm, Country Director- India, Swedish Energy Agency,

Dr Anjali Parasnis, Associate Director- Western Regional

Centre, TERI, Srikant Illuri, Executive Director & Country

Head Investment, Business Sweden and Dr Christer Nygren,

Professor of Innovation at Malardalen University, Sweden. The

participants were evaluated through a rigorous process on

parameters like the originality of idea, clarity of thoughts on

financial and marketing aspects.

The winning team of Virendra Singh Shekhawat, Sagar

Deshmukh, Shashank Angadi and Omkar Ranade presented a

business plan for Exeger, a Swedish company that produces

dye-sensitized solar cells. These cells can be affixed to the

massive glass frontages of skyscrapers for garnering and

storing solar energy which can be used by the building thereby

not only creating solutions towards sustainability and saving of

costs but breaking new grounds, by moving closer to the goal

of liberating devises from the grid, making them self-powered.

The WeSchool team provided a detailed roadmap for Exeger,

developing business strategies to ensure utmost support to

their respective partner companies and adherence to the

timelines thereby developing the best business solutions to

enter the Indian market with their product.

The winning team will be rewarded with a fully sponsored 10

day internship giving them an overview of corporates in the

green energy sector in Sweden. The first runner-up team

devised strategies for FOV Biogas (provides customized

biogas solutions) and two teams that worked with the Swedish

corporates - Clean motion (electrical vehicle manufacturer)

and Hi Nation (solar panels producers) bagged the second

runner up position.

Prof Dr Uday Salunkhe, Group Director, WeSchool

congratulated the participating teams and said, It is

heartening to see such innovative ideas coming from

management students for a sector like renewable energy

which is so crucial for socio-economic prosperity of India. If

India has to provide energy for all by 2022, we have to work on

all fronts; with newer and innovative technologies, research

and international cooperation to bring the alternate sources

of energy into mainstream. With foreign investors eager to

enter Indian markets, joint inititatives like India-Sweden

Innovations Accelerator play a crucial role in sensitizing the

young talent to the constraints and challenges in the sector

and design solutions to circumvent them. And they have come

up with the brilliant suggestions in the shape of sustainable

business models. I strongly believe that India Sweden

Innovations Accelerator (ISIA) is a step in the right direction

wherein students can work on challenges and opportunities

leveraging mutual strengths and solutions created by them

will design a better future for India and the planet

Read The Article For More Details:

http://www.udaysalunkhe.com/uday-salunkhe-achievements-

welingkar.php

Dr Uday Salunkhe Websites:

http://www.udaysalunkhe.com

http://www.udaysalunkhe.net

http://www.udaysalunkhe.in

http://www.udaysalunkhe.co.in

http://www.udaysalunkhewelingkar.com

http://www.udaysalunkhewelingkar.net