CrAdLE EDII – Incubation Partner in THE AEONIAN 2018 STARTUP SUMMIT
15th-17th May, 2018
CrAdLE EDII is incubation partner for The AEONIAN 2018 Startup Summit, organising in WTC, Mumbai. CrAdLE startups Hidaa Lifesciences, Callacuppa, Bits&Board Technologies and Incsmart participated in the event Exhibition.The Aeonian 2018 is a premier annual startup summit that recognizes and rewards the startup community in India.
Ms. Menka Gurnani (D’bello – Hidaa Lifesciences) Awarded by GIS Trend Setter Award
17th April, 2018
Ms. Menka Gurnani, Co-founder Hidaa Lifesciences awarded by Gujarat Innovation Society (GIS) in the category of Trend Setter on 17th April, 2018 at organization’s 7th foundation day ceremony. The event was graced by Honourable Chief Minister Vijaybhai Rupani.
Session on “Venture Capital Fund – An Introduction”
27th March, 2018
Mr. Mayank Patel, CEO-CrAdLE conducted a session on “Venture Capital – an Introduction” at United World School of Business where he explained the formation of Venture Capital Fund, their investment criteria and return expectation from startups.
Empresario Startup Summit
10th – 11th March, 2018
Empresario Startup Summit is the annual flagship event organized by CrAdLE EDII. The event has been inaugurated by Union Commerce and Industry Minister Shri. Suresh Prabhu. Mr. Prabhu laid the foundation stone for MSME Research Block and launched ‘Global Entrepreneurship Monitor (GEM) India Report 2016-17’ at EDII. He also launched a book on successful EDII alumni. In his speech, Prabhu said that start-ups must identify gaps in the system and build business models around them.
“Entrepreneurs must focus on the possibility of doing extraordinary things,” said Prabhu at EDII. “Pro-industry policies, numerous funding options, and incubation support are gradually boosting India’s potential to become an entrepreneurial nation.” Union Commerce and Industry Minister Suresh Prabhu and Infosys Co-Founder Kris Gopalakrishnan attended the Seventh Empresario startup Summit. The Summit has mentored over 1,200 budding entrepreneurs in the last seven years, said Dr. Sunil Shukla, Chairman CrAdLE and Director, EDII. The two-day Empresario was a platform for startups, industry mentors, investors and the student community, providing prototype funding to selected ideas.
The current edition of Empresario, CrAdLE EDII’s annual flagship event, focused on the theme of “Escalating the growth of startup ecosystem” and seen participation of 110-odd startups for pitching to investors, 183 ideas at prototype development stage and 140 early concept stage students from Gujarat and neighboring states.
Since its inception in 2012, Empresario has emerged as a leading entrepreneurship festival in India that brings together startups of all sectors and participants from every niche of the country. Last year, out of 100 startups that pitched at the Empresario Start-Up Summit, three were incubated at CrAdLE EDII and bagged funding of Rs 1.16 crore from YES bank. Some of the ideas, however raw, are innovative and solutions-oriented. To encourage them, Empresario also provides prototype funding of Rs. 40,000 per startup, said Dr. Shukla.
Schemopedia.com – received NASSCOM Social Innovation Award 2018 for ICT led Innovation on Social Issues
The largest Social Innovation Honours in India, NSIF received over 1900 applications this year out of which, the 10 final winners were chosen after going through a rigorous selection process in the categories of Education, Accessibility, Healthcare, Financial Inclusion, Environment and other socially relevant areas. The winners were felicitated by K.T.Rama Rao, Cabinet Minister for IT E&C, Telangana IT Secretary Jayesh Ranjan, Padma Shri B.V.R. Mohan Reddy (Former Chairman of NASSCOM) & Shrikant Sinha, CEO NASSCOM Foundation in an event organized by The World Congress on Information Technology (WCIT-2018 : The Olympics of the global ICT Industry) & NASSCOM on 21ST February 2018 in Hyderabad. The jury that selected the winners comprised of many renowned industry stalwarts including Debjani Ghosh, President Designate, NASSCOM; Padmaja Ruparel, President, Indian Angel Network; Srikanth Karra, CHRO, Mphasis, P. Balaji, Director-‐Regulatory, External Affairs and CSR, Vodafone India, and Deepak Maheshwari, Director -‐ Government Affairs, India & ASEAN, Symantec.
Visit of Dr. Peter Wierenga, Expert – Innovation & Incubation, Netherlands
29th January – 9th February, 2018
CrAdLE hosted Dr. Peter Wierenga, an expert in innovation and incubation from the Netherlands for two weeks. He provided intense mentoring to 10 startups and guided them on prototype development, strategic planning, market development and intellectual property. He also conducted interactive session at IIT, Gandhinagar, iCreate, EDII and GTU Innovation Council.
FLCTD meeting in association with UNIDO and CII
12th December, 2017
Centre for Advancing and Launching Enterprises (CrAdLE), the Technology Business Incubator, hosted by Entrepreneurship Development Institute of India (EDII), Ahmedabad under the aegis of NSTEDB, DST, Govt. of India, New Delhi has organized an awareness program in association with CII & UNIDO for promoting Innovation and Deployment of Low Carbon Technologies on December 12, 2017. UNIDO in collaboration with the Bureau of Energy Efficiency (BEE) is implementing a Global Environment Facility (GEF) supported project to establish a Facility for Low Carbon Technology Deployment (FLCTD). Under this project, annual innovation challenges covering 3 thematic areas: Waste Heat Recovery, Space Conditioning and Pumps will be conducted. CrAdLE incubated startups & innovators participated in the event and were addressed by Mr. S B Sareen – Director CrAdLE, Mr. Sandip Tandon, National Project Manager-UNIDO, Ms. Reshmi Vasudavan & Mr. Rishabh from UNIDO, Mr. Jasbir & Ms. Nisha Jayaram from CII. CrAdLE offers services in diverse sectors including Renewable Energy (Clean and Green) along with Manufacturing, Food/Agri-businesses and Healthcare will be actively involved in promoting this program among the various stakeholders.
Zero To One: Starting Up To Seed Session in BIGShift Agenda
24th November, 2017
Mr. Mayank Patel, CEO CrAdLE EDII, has taken a session on Zero to One : Starting Up To Seed in BIGShift Agenda held at CiiE IIM Ahmedabad. Mr. Patel addressed the key challenges startups face and ways overcome those, basics of building the initial team to finding right co-founders, mentors and support systems.
Business Opportunities in Textile & Rubber Industry
9th November, 2017
On a National Entrepreneurship Day, CrAdLE EDII has organized a session on Business Opportunities in Textile & Rubber Industry. Dr. Harish Bisht, Director ATIRA & Mr. C R Prayag, Dept. Director ATIRA were guest speakers, who have discussed various new & innovative technologies available in Textile industry which open so many new opportunities in this sector. Mr. Atul Shah, Founder – Pioneer Industry has delivered a lecture on opportunities available in Rubber Industry.
Talent Acquisition & Transformation Session
An exclusive event for Industry Members & Academia
16th October, 2017
CrAdLE EDII has organized an event on “Talent Acquisition & Transformation Session” in association with IT-ITeS Sector Skills Council NASSCOM (SSC NASSCOM). The event is attended by college VCs/Principals/Directors, HR Managers, Placement Heads, Talent Acquisition Heads & Startup founders. Sector Skill Councils (SSC) creates Occupational Standards and Qualification bodies, develop competency framework, conduct Train the Trainer Programs, conduct skill gap studies and Assess and Certify trainees on the curriculum aligned to National Occupational Standards developed by them. It works with its industry members, select academic and skill development institutions to help improve the quality and quantity of the talent available to this industry in India. The objective of the event is to build skills in individuals to be Industry Ready (Foundation Programs) and Job Ready (Specialized Programs) and to create a talent pipeline of individuals who are trained and certified on job-ready programs.
Mr. Kris Gopalakrishnan, co-founder Infosys Visited CrAdLE
11th August, 2017
It was a proud moment for CrAdLE EDI when Mr. Kris Gopalakrishnan, co-founder Infosys & Chairman, Advisory Committee, CrAdLE visited CrAdLE along-with other advisory committee members Mr.Harkesh Mittal Adviser, Member Secretary – NSTEDB, DST, GoI, Mr. Satyanarayan B. Dangayach, M D – Sintex Industries Ltd, Gandhinagar, Mr. Kunal Upadhyay,CEO – CiiE IIMA, Prof. T. Harinarayana, DG – GERMI. They met all the incubated Startups and given their valuable suggestions.
BIRAC BIG Scheme Talk in association with Venture Centre
27th July, 2017
CrAdLE organised Awareness Talk on BIRAC BIG Scheme in association with Venture Center, Pune which is located at NCL Innovation Park, Pune. It is one of India’s leading technology business incubators specializing in technology startups offering products and services exploiting scientific expertise in the areas of materials, chemicals and biological sciences & engineering. Mr. Roshan Yedery, Manager – Innovation Management of Venture Center visited CrAdLE to deliver talk on Biotechnology Ignition Grant (BIG) Scheme introduced by Biotechnology Industry Research Assistance Council (BIRAC) set up by Department of Biotechnology, Government of India. Around 20 startups, scientist entrepreneurs, research scholar and students attended the three-hour talk. Under the scheme, eligible startups will get funding support of Rs, 50 lakhs as grants for developing Proof of Concept (POC) for the idea. Two Incubatees of CrAdLE who are from Bio-Technology background, Hidda Lifesciences and Phycolinc Pvt. Ltd. have shown interest in the scheme and had one-on-one meeting with Mr. Yedery, the next day. They are in the process of applying for BIG grants.
DEMO DAY in association with eChai, Ahmedabad
20th July, 2017
CrAdLE organised DEMO DAY in association with eChai, where 10 Startups showcased their business idea & journey as an entrepreneur. eChai Ventures conceptualizes and organizes engaging entrepreneurial programs to help fellow entrepreneurs connect, share and collaborate. eChai has around 1500 budding entrepreneur members with presence in 20 cities across country. 10 startups from eChai and 2 from CrAdle presented their ideas, struggles of initial days, current scenario of their business field and had interactive session with PGDM-BE students of EDII. Around sixty students attended the event which lasted for 2 hours.
Startup Weekend – Surat
14th to 16th July, 2017
CrAdLE associated with Startup weekend Surat as Ecosystem Partner for Idea to Prototype in 54 hours during 14th – 16th July, 2017. Around 70 students/startups participated in the event to work on innovative ideas and to develop Proof of Concept (POC) in 54 hours. 15 teams were formed to work upon the ideas and CrAdLE offered incubation support to the top three teams free-of-cost.
CrAdLE associates with ChaturIdeas
3rd July, 2017
CrAdLE has associated with ChaturIdeas as Ecosystem Partner for promotion of the BeAChatur Contest. Chatur Ideas is the inception of first ever dynamic, multifarious online platform, which will engage, counsel, and interconnect the entrepreneurial breed of India to investors, financers, and mentors. BeAChatur Contest is a 4-month intensive business plan competition. CrAdLE has sensitized around 165 startups for the BeAChatur contest as an outreach partner.
Presentations for Govt. of Gujarat Startup/innovation Scheme
March & June, 2017
CrAdLE organized screening of Startups for ensuring grant to them under the Startups/Innovation Scheme by Gujarat Govt. 30 Startups from various domains presented their ideas to the Screening Committee. Out of 30 startups, the screening committee recommended 15 startups for further process to Government of Gujarat. Out of 15 startups, 7 have been awarded grants for Prototype/Market development.
Visit of GVFL and NEDFI
Mr. Sanjay Randher, Managing Director of GVFL, Managing Director of North East Development Finance Corporation, and Mr. Zaveer Zaman from North East Venture Fund visited CrAdLE in June. The officials interacted with Incubated startups to understand their ideas, business and potential market to get associated with them. GVFL has also shown interest in three startups for funding and currently they are reviewing their proposal.
CrAdLE and YES Bank association and Visit
9th June, 2017
CrAdLE – EDII joined hand with private sector lender YES Bank, to finance incubated startups. In first such initiative, YES Bank provided a loan of Rs. 50 lakhs to one of the incubatee- Green Ideology, under the CGTSME scheme. YES Bank also interacted with all the Incubatees of CrAdLE for funding under various Government Schemes. YES Bank is reviewing proposals of five Incubatees for further financing.
Startup Weekend – Ahmedabad
26th – 28th May, 2017
CrAdLE associated with Startup Weekend Ahmedabad as Ecosystem Partner for idea to prototype in a 54 hour event from 26th to 28th May, 2017. Around 72 candidates had participated in the event to work on innovative ideas and to develop a proof of concept in 54 hours. They formed ten groups for developing prototype in 54 hours. CrAdLE team mentored participants during the event.
Empresario is the annual flagship event in Entrepreneurship organized by the students of Entrepreneurship Development Institute of India, Ahmedabad and financially supported by CrAdLE. It is an exclusive platform for startups, new age entrepreneurs, industry mentors, investors and the student community to come together, present their entrepreneurial endeavors and experiences, gain new insights, and pledge to become a valuable part of the ever flourishing startup ecosystem in India. Empresario has emerged as one of the largest entrepreneurship fests celebrated in India. The fest witnesses’ startups from varied sectors and participants from many states of the country. During two days of the event, 14 sessions on startup entrepreneurship were organized, 40 speakers shared their ideas, 50 startups exhibited their ideas and more than 700 entrepreneurs participated.
2nd December, 2016
Entrepreneurship Development Institute of India inaugurated its Technology Business Incubator, CrAdLE – Centre for Advancing & Launching Enterprises. Mr. Kishor Kharat, President of EDII and M D & CEO, IDBI inaugurated the Centre. The objective of CrAdLE is to forward the causes of startups in achieving significant milestones on their journey of growth. It is catalyzed and supported by NSTEDB, Dept. of Science and Technology, Govt. of India.