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Coming September, students from as many as 7 different academic institutes located in Ahmedabad-Gandhinagar stretch will get a chance to turn entrepreneurs at a day-long ‘student business plan competition’, floated by IIM Ahmedabad’s technology business incubator Centre for Innovation, Incubation and Entrepreneurship (CIIE).
The event called ‘IdeaThon 2015’ will take place in the IIM Ahmedabad campus on 13th Sept 2015 and will see qualifying teams present their business plans and prototypes before a panel of start-up veterans and investors.
Interestingly each participating team is mandated to include students from at least 2 institutes from the twin cities in order to pitch their business idea.
“Innovation and entrepreneurship require crossing of disciplinary boundaries. Interdisciplinary teams generate creative tension and tend to come up with more innovative ideas than more homogenous teams. If Gujarat is to contribute to the growing breed of innovation-driven startups in India, it is imperative that students from different institutions in the Ahmedabad and other Higher Education clusters work together”, said Rakesh Basant, Professor of Economics at IIMA(Indian Institute of Management, Ahmedabad) and Chairperson of CIIE.
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The event also marks the beginning of ‘A-League’ – a brainchild of CIIE floated in November 2014, which has on board institutes like IIM Ahmedabad, IIT Gandhinagar, GTU(Gujarat Technological University ), Nirma University, National Institute of Design- Gandhinagar, DA-IICT (Dhirubhai Ambani Institute of Information and Communication Technology) and EDI(Entrepreneurship Development Institute).
The initiative aims bid to bridge the gap between the different institutions in the twin cities of Ahmedabad–Gandhinagar and entrepreneurship.
“The A-League is essentially a social network where college students from across Ahmedabad and Gandhinagar can come together to have fun, exchange ideas and hopefully start-up” said Sanket Shah, of Indian Institute of Technology, Gandhinagar(IITGN).
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