IDEA/VALIDATION OPPORTUNITY BOOTCAMP
About the Event
The Idea Validation Bootcamps, organized by the Centre for Innovation and Entrepreneurship (CIE) at the International Institute of Information Technology, Hyderabad (IIIT-H), are an exciting opportunity for aspiring entrepreneurs and innovators to learn how to validate their ideas and turn them into successful startup ventures.
The bootcamp aims to provide participants with a comprehensive understanding of the idea validation process, which is crucial for any startup or business concept. Through a series of interactive sessions, case studies, and hands-on exercises, participants will learn how to identify and validate their target customers. They will also understand their needs and pain points, developing a value proposition that addresses these needs.
Program Summary:
The Idea Validation Bootcamps, organized by the Centre for Innovation and Entrepreneurship (CIE) at the International Institute of Information Technology, Hyderabad (IIITH), are tailored for early-stage startups, aspiring entrepreneurs, professionals with innovative ideas, and corporate entities seeking to explore new products.
Key Learning Areas:
- Ideas and Opportunities
- Customer Discovery
- Opportunity Validation
- Value Proposition
- Customer Segments and Channels
- Revenue & Value Models
- Business Model Canvas
- Crafting a Professional Pitch Deck
- Expert Review of Business Model Canvas and Pitch Deck by Mentors
Benefits of the program:
- An opportunity to get incubated at CIE for 3 months (only to the top selected idea).
- Get mentoring support for 3 months.
- An opportunity to get connected with entrepreneurs from various industries who will share insights drawn on their experiences.
- Relevant handouts to entrepreneurs to enable them to become effective entrepreneurial leaders.
- Interactions with young and successful entrepreneurs.
- Gateway to get into Entrepreneurship in Residence Program by IIIT Hyderabad.
Target Audience:
- Early-Stage Startups
- Budding Entrepreneurs
- Professionals with a startup idea and
- Corporates exploring new products.
Number of Mentors and Schedule:
There would be 3 Mentors: One is an Investor, One is a Founder, One are IIITH Faculty Members & One Facilitator.
Program Structure:
SESSION 1: Introduction
SESSION 2: What’s the Idea & the Solution: Addressing the Problem (What, Who & Why)
SESSION 3: Understanding Customers: Customer Segments/Demographics
SESSION 4: Building a Revenue Model & Growth Financing
SESSION 5: Go-to-Market Strategy
SESSION 6: Business Plan & Pitch Deck / Conclusions