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Youth Enterprise Fueling Innovation & Entrepreneurship
kishore Balaji Guhesh Ramanathan
INTEL IIM Bangalore
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•Define the Issue and Stakeholders - The Scenario
•About the program Youth Enterprise
•Elements of program – Youth Enterprise
•Karnataka Example
•The Out comes
•The Journey
•The Learning
Agenda
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An Ideas development framework
that develops ideation and innovation
skills of young people
Youth Enterprise
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Get an Idea
Validate your Idea
Develop your Idea
Test your Idea
Pitch
Youth Enterprise Program Structure
Case Study
Intel’s Ideation-Camp
Intel’s Tech Lab
Intel’s Entrepreneurship Basics
Mentoring
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The Scenario in Karnataka Citizen Services and Partnerships
Pref. access, Scale, Growth,
Incentives,
Foundations
NGOs
CSCs & Tele centers
VLEs
Funding agencies
Academia
Student
Mentors
Large Companies
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• 2 days of extensive session by Sputnik 5 • Idea Selection and Idea Management process
• Intel Tech Lab – Technology & Technology selection session
•Deep Dive Mentoring • 5 mentors – NSRCEL • Biz strategy, funding, IP
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• 11 Ideas • 2 Winner announced •6 Shortlisted for ongoing mentoring
• Case Study on State of eGov in Karnataka - by CPP IIMB Focus areas: •Education •Health •Employability • Agriculture
Test Idea Pitch Idea Idea Camp Develop idea
Objective : Build capability among local youth to develop real solutions to
real problems for the citizens of India.
Youth Enterprise The Karnataka Example
5 days
The Process
Intel DST
Academy Mentor
Local Youth VLEs
Academy NGOs
Part
ner
s
Stud
ent o
n-b
oard
ing
& C
on
text
Ideas to
Market
6 months 1 month
Focus areas •Education •Healthcare •Agriculture •Employability
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Youth Enterprise The Venture
Abhyudaya : Mitigating financial risks arising from weather & price variation for less fortunate farmers
AgroSTATS: Mitigating financial risks arising from
Yield computation errors
KVKS: Information service on finance products and programs
Rozgar Data: Job exchange and skilling portal for rural workforce
Remote: Remote school administration and attendance management
PlanMyHealth: Remote diagnostic service to rural Karnataka leveraging Telecetners, through VLEs
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Jan’12 – Intel/DST/ IIMB - aligned
Jan’12 25 Institutions engaged
Feb’12 50 Students nominate
Feb’12 eGov Case study published - IIMB- CPP
Feb’12 5day workshop
Feb’12 6 ideas
Picked to mentor At NSRCEL
March’12 Review 1
Idea Validation
April’12 Review 2
Customer connections
June’12 Review 3
Customer feedback
Aug’12 Review 3
Funding & rollout
Youth Enterprise The Karnataka – Journey So far.
6 months
AgroStat gets Customer nod
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Learning’s so far
• Contexting accelerates Innovation
• Ideation and Idea development required skill
• Important to engage/onboard Multi Stakeholder engagement . PPP models,
accelerate solution development
- Technology screening
- Prototype screening
- Co-creation of solution between stake holder (Govt) and Youth
• Real time Idea validation & Mentoring plays a critical role in building deployable
solutions and business models
•Ventures need deep support and customer connections.
•Model is replicable, should you have clear partnerships.