HYDERABAD

A joint program of incubators at IIIT, IIT, BITS, ISB and TiE, with mentoring and oversight by LetStartup.hyd group. Starting with startup seeding/discovery event

IdeaCarnival & the H4I

Accelerator Program

Hyderabad4Innovation

LetStartup.hyd

HYDERABADSummary Program• Opening session in a lecture hall

• Few talks. Program overview

• Idea pitches (1 minute each)

• Team formation (2 hour open networking over tea)

• Then we will have time for teams to work on their start-ups biz/demo prototype• Thru Saturday and sunday

• Saturday afternoon- mentoring sessions• This can be in the AC hall itself? So long as there can be some meeting space

outside (or possible get access to another lecture hall close by?)

• Sunday evening- demos and finale- atrium possible? with speakers and projector?• We will have the hyd4innovation group present. Inspirational talks. And the final

demos

• Followed by networking event- teams can meet any of the hyd4innovation group and also with angels/incubators/VCs to be invited

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HYDERABAD

The context for Ideacarnival:

Hyd4Innovation program

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HYDERABAD

Objective- help create strong tech-startups

Seed and nurture new ideas

•Get students/professionals/researchers excited about starting up!

•Encourage ideation, and nurturing/refining/Validating tech-startup product ideas

Aggressive Mentoring

•Discover promising early stage startups

•Help curate the ideas to a state that team can make informed go-noGo decision

Acceleration

•Get seed funding & co-working space

•Extensive Guidance & Mentoring

Incubation

•Not-so-early-stage Startups with small teams, can take space & mentorship (no acceleration)

•Mentorship mandatory

4

Context:

Hyderabad4Innovation is a group of leading IT leaders/VCs, academic institution heads and startup ecosystem

players, that have come together to help accelerate the tech-startuip movement in Hyderabad. Seed and grow more

tech startups. Create an environment that increases probability of success.

HYDERABADStakeholdersHyd4Innovation

•Leads the collective program

•Overall oversight and excitement

creation

•Enable Administrative support

Hyderabad Angels

•Mentorship & Guidance (for stake)

•Downstream fudning (angel/VC)

Incubators

•TiE-Incu, ISB, IIIT-H, IITH & BITS

•Incubation facility

•For additional stake in each startup

accelerated

ISB

•Biz guidance/mentoring (not for

stake?)

5Apr 11, 2023

HYDERABADProcess

Discovery

Thru events

Like IdeaCarnival

Selection Criteria: First prototype/solution in

place. Basic biz/market/bizplan in place.

Founders full-time on the venture

Acceleration

Aggressive mentoring- weekly meetings

Product/Market/Business planning

Pilot GTM enablement

Market/biz/funding plan preparation

Assistance with fund raising (angel round)

Incubation

Initial pilots to be scaled

GTM & Biz Dev Mentoring

Enable Biz Scaling

GTM assistance/Networking

Assistance with biz plan preparation and

series A/B fund raising

Graduate

Mandatory exit

Will continue to be an alumini and receive

passive mentoring/guidance

6Apr 11, 2023 Duration?

HYDERABAD

First one end-Jan at ISB. Jan 25-28.

The ideation &startup seeding program

IDEA CARNIVAL

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HYDERABAD

Objective: To create a forum and framework to "seed" tech product entrepreneurship idea among students, faculty and professionals

•Once a quarter event at ISB/IIIT/... Where students and faculty interested in products attend along with angels/mentors/VCs.

Approach: 

•Through an inspirational networking and idea sharing event with awards and recognitions for good ideas. Short idea pitches (3-4 mts) and featured talks (8 mts). Inspirational in nature, with secondary objective to forge networks & partnerships. Maybe even founding teams that spans tech & biz.

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Outcomes expected from Idea Carnival

•Among graduating students, faculty and professionals, Thru..

•Inspirational narratives of entrepreneurial success stories

•First-person Narratives about interesting innovative tech products/startups built

•Interactions with leaders and successful entrepreneurs

•Idea presentations (listening to ideas, triggers new ideas)

•Thru resonance/amplification of ideas that happens when discussing with others (possible co-foudenrs or investors or even employees)

"seed" the idea of starting up..

•students, faculty, engg & biz, professionals, Vcs/Mentors,..

•students and alumni across engineering (IIT/IIIT-H/BITS) and biz (ISB),

•professionals with students (possible co-foudners or hires),

•faculty in specific research areas with professionals (for engineering and productizing the ideas),

•engineering research faculty with biz faculty, and..

•all of above with startup investors/mentors

Multi-way Networking-

•encourage those with ideas to actually move further and "start up"

•Ready Funding commitments for good ideas

•Support Eco-system awareness-

•Create awareness about (and confidence in) the support eco-system available for new tech startups in Hyderabad

"Nudge" new startups-

• Encourage starting of new academic incubation centers (invite leaders/directors of forward-looking engineering colleges to attend)

New acad Incubators

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HYDERABAD

HighlightsWhat A Very visible and well-attended 'rapid idea submission' exercise- to lead student ideas & ideas from professionals

Format: A multi-faceted event every 3-6 months (hosted in one of the institutes).

Who Participants- Tech students from IIT/IIIT-H/BITS, Biz grads from ISBs, aluminii from ISB/IIT/IIIT/BITS

Enablers: HydAngels, TiE charter members, faculty/researches & students from IIT/IIIT-H/BITS/ISB and professionals

Participants Faculty/researchers round table;

Students' (final year engg/MBA) idea sharing and meet-the-successful-entrepreneur/VC;

Professionals- a chance to explore interests in building a product?

Hyderabad4Innovation awards Cash award for winning ideas (no strings attached.. to incentivise )

Committed funding (to build prototypes) for winning ideas

IdeaExchange- Academic –

Entrepenurial ecosystem Integration.

Ideation and brainstorming on Research-to-product_business - enable taking research from labs to markets.

Students/Professionals/Faculty- ideate and form teams

Active collaboration between engineering and business schools. VCs. Mentors.10

Apr 11, 2023

HYDERABAD

IdeaXchange: Three parts of the event

Post-event- kickstart startup teams

•Shortlisted ideas from IdeaCarnival refined over 2

months

•Teams to bond

IdeaExchange

•Weejend Prototyping event

•Faculty/research connect

•Student/alum inspire and connect

•TeamForm

•TeamMentora

Pre-Event- whip up interest

in each college

11Apr 11, 2023

Jan 5th

or 6th

Jan 25-27

weekend`

HYDERABAD

Idea Carnival

The “PRE CARNIVAL”

12Apr 11, 2023

To get students excited about startups!

Curtain raiser for ideaCarnival

HYDERABADFormat of the pre-event- the “Pre Carnival”

• Announce: Director of each college to send mail• 2 week lead-up.. Publicize and encourage idea seeding

• Encourage students to think of product ideas

• Publicize the IdeaCarnival event.

• Announce Exciting prizes for best ideas• This will be required to be considered for the IdeaCarnival main event

• The Pre-Event- Program (2 hours)• Intro to event

• Idea Pitches- 30 seconds each

• Inspirational talks (by successful/inspirational entrepreneurs)

• Announce: Hyderabad4Innovation Uber-Incubation Program• Investors speak- on incubation and other support ecosystem for students

• Announce IdeaCarnival

• Give away prizes for best ideas

• Open Networking

• Networking 13Apr 11, 2023

HYDERABADWhat we need..

• Schedule- all 4 for January 18th/19th (post Sankranti))

• Directors: To give contacts- Incubator and student e-cells• Work with them on the campaign

• Prepare announcements

• Invite: Each college to own. Reach out to students, alumini and faculty of that college

• Leverage: e-clubs, incubation centers, alumini networks• Partner: Need volunteers from above to “own” event

• Fix Inspirational speakers for each college session• From among Srini Raju, BVR, Srini K, JA Chowdary

• VCs: Sateesh, others?

• Host institution Director

• Atleast one other Director (IIT/IIIT/BITS/ISB)

• 14

Apr 11, 2023

HYDERABAD

The ideation &startup seeding program

The “IDEA CARNIVAL”

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HYDERABADIdeaCarnival- the main event

• One weekend. Three stages• Saturday morning- Ideation/Research (Researcher-VC connect)

• Ideation Research. Researchers on their research. Pros/student startup Ideas.

• Students/professionals encouraged to explore ideasd

• Sat-IdeaCarnival Weekend- the Startup Prototyping event • Pitch startup ideas (for weekend prototyping). Select. Form teams.

• Teams formed. Ideas prototyped. Mentors provided.

• Sunday: ideacarnival Finale • Inspirational leaders in attendance

• Listen to pitch/demos

• Pick winning ideas (for 2 week Idea Curation/refinement)

• Two dimensions to ideation• Closed-group Faculty/researchers entrepreneurship connect

• Round table; Researchers, biz school profs, VCs, mentors; Branstorm on research work and possible products there from

• Open Startup Idea pitches• Students' & Professionals- pitch ideas; (final year engg/MBA) idea sharing and meet-the-successful-

entrepreneur/VC; 16Apr 11, 2023

HYDERABAD

TBD: Saturday morning: IdeaCarnival researchResearch-Entrepeneurial connect- Ideation• Objective: Explore product opportunities in research work

• Seed product-market ideas into researchers!

• By Invitation event: Researchers • from IIT/IIIT/BITS/ISB and few key labs (CCMB,…)

• Connect with Entrepernuerial leaders & eco-system players• Inspirational leaders; Investors & Incubators; Successful entrepreneurs

• Format:• Kickoff comments on opportunity to ‘productize’ research, Dr.Ajit R.

• Challenges productising research- Dr.Rajeev Sangal

• Research –to-product Ideation• 1 minute intro of mentors/VCs/successful entrepreneurs/incubators

• 3 minute intros of researchers (profs/faculty)- brief on them, and brief on their research areas/work

• After each, without discussion- whole group to reflect on possible product usecases for this research work/area. 2 minute

• Document all ideas against researcher+his work/area

• Brian storm at end on serious opportunities from all ideas that came up

• Open networking- to reinforce any possible ideas

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HYDERABAD

Saturday 9am: IdeaCarnival Weekend: kickoff Weekend Prototyping Event

• Students, professionals and researchers to participate• Pitch ideas. Ideas get voted. Teams formed. Then prototype over the

weekend; Finale, Sunday evening. Demo to high profile VCs/Mentors/Leaders

• Format: StartupWeekend structure (http://startupweekend.org/ )

• Program (7pm, friday)• Inspirational talks

• Weekend hackfest. Build on a product idea. Compelling prizes.

• Friday: Idea pitch. Top 10 picked. Teams formed. Start 48 hr Prototyping

• Saturday: validate biz. Build. Use Mentors/and guides on Saturday

• Sunday: Prepare a 5 minute pitch (slides + demo)

• High Profile panel to listen

• Open networking

18Apr 11, 2023

HYDERABADIdeaCarnival weekend: How Teams Formed

• At start of Ideacarnival weekend: Ideas pitched by all attendees (60 seconds each)• Share one idea

• And a brief intro to self (edu, strengths, et al)

• Ideas voted. Top 20 (1/5th of the ideas pitched) to be picked

• Form Teams for each of the ideas (30 minutes)• Tech students with other tech; Tech students with Biz

• Students with working professionals

• Students with tech researchers/Profs

• Mentors to be assigned for the weekend• Students with mentors/accomplished entrepreneurs

• Students/pros with investors/incubators

• Hope: Thru interactions, ‘startup’ founding teams may be formed• Teams with Synergies

• Teams with ideas resonating

• Teams with researchers, biz & techies19

Apr 11, 2023

HYDERABAD

Saturday: IdeaCarnival IdeaXchange Mentors

• Teams work on their prototype- ieda, biz, markets, technology• Teams encouraged to validate idea. Meet prospective customers.

Research the net

• Identify competition. And establish USP

• Mentors• VC/Investors: to discuss the base idea and market

• UI designers: to review the product UI/interactions

• Successful entrepreneurs

• Senior Technology professionals/architects- validate the design and technology used in solution

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HYDERABAD

Sunday: ideacarnival FinaleIdeaExchange- Inspire & GetToKNow

Main event

Students, professionals, investors, incubators,

mentors

•ect

10 minute blocks followed by 10 minute networking

•1 minute intros

•Inspirational talks

•VC/incubator conn

1 minute idea centered intros

•of participants. Brief profile. Share a product idea

•10 per block

Inspirational talks (5/10 mts)

•Accomplished entrepreneurs

•Share success stories. Create excitement

Tech inspire (Directors)

•IIIT, IIT, BITS, ISB

Networking- establish resonance/synergies between

•Aggressive speed-dating format

•Meet the last block of pitchers

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HYDERABAD

Comments?

22Apr 11, 2023