INDIAN NEWS & TIMES

Wednesday, November 22, 2017

2036_472264206154559_1272962305_nSomaiya Vidyavihar organizes ‘STARTUP EXPO’ – India’s first exhibition dedicated to showcase Technology- Startups and promote entrepreneurship on 9th October,2014.

The event will be facilitating 50 startups (First come first serve) and expose them to mentors, Angel Investors, Venture Capitalist, media and startups who have graduated or had an exit.

The eligibility criteria for the startups are: They must be operational for a minimum period of 1 month, and the core idea of the startups must include technology as a medium. Non-technical startups will get a space at the exhibition. Their application will be reviewed on 25th September 2014 and they will be notified if eligible for the Pitch. The number of team members or founders cannot be more than 10 members in a core team, where each mumber must hold a significant position in the startup.

RIIDL and Bloombox have organized a workshop for the registered participants on 25th September, 2014 which would be conducted by MIT Alumni & FABLAB CEPT coordinator Mr. Henry Skupniewicz on ‘The Personal Loom’ (Adding value to yourself and your Business) & by Dr. Radha Iyer, Entrepreneurship Head, K J Somaiya Institute of Management Studies & Research – Opportunity Evaluation and Business Plan.

The participants will get exposure for the Elevators Pitch to the Jury. Angel Investors and Venture Capitalist will select startups to be incubated at RIIDL Somaiya Vidyavihar, They will also scrutiny the startup’s performance during the course of Incubation and take a call on the funding possibilities. Top 10 startups will receive Incubation at a low rental in the Somaiya Campus & Free regular mentoring for 3 months by the advisors and other experts through lectures, workshop and one-on-one counseling sessions.

The major collaborator for the Startup EXPO event is Venture Nursery and TIE(The Indus Entrepreneurs Mumbai). Also, the jury members comprises of Mr. Bhar
at Banka, Senior President & CEO at Aditya Birla Private Equity, Apoorv Sharma, Executive Vice President, Venture Nursery, Anaggh Desai,Co-Founder at Chlorophyll experience consulting, Mr. Anand Lunia – India QuotientCo.

Young entrepreneurs with new start ups are invited to participate in the exhibition which is a platform to get exposure to the fast-paced startup culture.