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Technology is the key: Incubate that idea!

For 15 young women, the task of turning their ideas into marketable products and services is mentored at IIM Bangalore.

It was arguably India’s first customised online and classroom training programme specifically tailored to create tomorrow’s women entrepreneurs. Started in November 2016, the programme launched by the Indian Institute of Management Bangalore (IIMB) in partnership with leading global investment bank, Goldman Sachs, drew 1,700 young women to a five-week online course to systematically identify and test their business ideas,

Fifty women entrepreneurs were selected to attend a three-week boot camp at IIM-B to enable each participant to develop a robust “problem-solution” methodology for ensuring the success and sustainability of their ventures.

Finally, 15 women were selected to receive a fellowship of Rs 40,000 per month, while incubating their ideas at IIMB to start a successful venture on their own. Their ideas cover a wide spectrum including matching volunteers to social causes, specialised healthcare systems, and customised social networks.

— IndiaTechOnline

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