iB Hubs, a PAN-India startup hub believes students are the creators of next wave of innovation
in the society. However, it is necessary for students to instill a problem solving mindset that will
lead to a proactive search for solutions. The more we inculcate the entrepreneurial attitude
within students, the further they’ll go towards finding gaps that needs to be filled. iB Hubs
announced iB Hubs Startup School, that works on instilling entrepreneurial mindset in
youngsters, who will act as role models for their peers and the society as a whole. To ensure
the best participation, this specially designed 4-week accelerator program charges zero fee and
Becoming a buzzword of this summer break, the program has received applications from 500+
student entrepreneurs from across 23 states and 140+ institutions including the premier
institutions such as IITs, NITs, BITS Pilani etc.
iB Hubs envisions to develop a culture of innovation and entrepreneurship in every nook and
corner of India. It was inaugurated by Shri Amitabh Kant, CEO NITI Aayog, on November 13,
2016. With a mission to establish 2500 centres across the country by 2019, it has already set up
35 hubs in 7 states, with nodal centers in Delhi, Mumbai, Bengaluru, Hyderabad and Lucknow.
The firm has a strong team of 1000+ young people with 200+ full-time working individuals
including engineers, doctors and management professionals. Most members of the team are
alumni of institutions such as IITs, IIMs, ISB, NITs, IIIT Hyderabad and BITS Pilani with work
experience in MNCs such as Amazon, Intel, Qualcomm, HP, Nvidia, IBM, Samsung, and Bosch.
Speaking about iB Hubs Startup School,
Mr. S Vijay Kumar, Chief Mentor of iB Hubs, says, Developing an entrepreneurial mindset will enable youngsters to see opportunity in every problem they come across. As this influences them to start discussing about solutions rather than complaining about problems, the country will see a phase shift.
At iB Hubs, we’re on a mission to take the problem-solving culture as a nation-wide
movement. And through iB Hubs Startup School, we are creating role models and
evangelists to do it.”
Speaking about the vision behind iB Hubs Startup School, K. Radha Alekhya, CEO of iB Hubs,
says, “iB Hubs Startup School isn’t just a summer program. We’re dedicated to making role
models here. That’s exactly the reason why we’re offering this program with Zero Fee and
Zero Equity and continued support even after the program concludes. We’re also
bringing the whole startup ecosystem together by connecting the participants with
mentors, angel investors, industry experts, successful startup founders and CEOs.
Furthermore, our global platform is accessible for startups who want to go global. ”
With two batches at Hyderabad and Lucknow (Batch-1: May – June & Batch-2: June – July), the
iB Hubs Startup School program is an intense period of focused learning and rapid
experimentation that enables student entrepreneurs to step out of their comfort zone to build,
launch and scale their ventures.
The program helps student entrepreneurs adopt the lean startup and design thinking principles,
identify and validate their target customers, master the business model canvas, build team
competencies and learn the nitty gritty of fundraising.
The program culminates with a Demo Day where top promising startups get an opportunity to
pitch their ventures in front of renowned angel investors and venture capitalists.
Key highlights of the program include the
– one-on- one mentoring for the startups with industry veterans
– specially curated talks, fireside chats and panel discussions with seasoned
entrepreneurs and experts, and,
– starter kits and credits from corporate partners
Let us hope that this initiative by team iB Hubs would empower student entrepreneurs as the Indian
startup ecosystem matures.