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Propelling startups – Enterprise

Creation and Growth

Aruna Reddy
DEC 2010


ALEAP - Propelling Entrepreneurship


 Context
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 Promotion of entrepreneurship in the Start-ups & MSME

sector is crucial to sustainable economic growth and
significant employment creation in India
 Major advantages of the sector is its employment potential
at low capital cost and its ability to promote more
inclusive growth
 Massive and concerted effort is need on the part of
policy makers, financial institutions, industry and
academia to create a holistic eco-system for
development of such entrepreneurship
 Rapidly growing population of entrepreneurs need the
tools to develop their ideas
 Lack of necessary support has resulted in reduced
morale among entrepreneurs, increased time to
market and high business mortality rates


ALEAP - Propelling Entrepreneurship

 Entrepreneur’s needs
3 Ac
ce
ss

To
Fi
na
nc
in
g

Mentoring + Training + Upgrading Resources

ALEAP - Propelling Entrepreneurship
 Develop the Eco System
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 A business ecosystem works when

everyone needed for start-ups to
succeed gets into a room and meets
everyone else.
 More than anything, everyone’s openness,
availability and participation makes the
difference.
 you need lots of different people:
 New entrepreneurs, Veteran entrepreneurs
 Angel investors, Venture capitalists, Bankers
 Policy makers
 Supporting players (lawyers, accountants,
marketing, PR, etc.)
 Everyone needs to hop into the sandbox
ALEAP - Propelling Entrepreneurship
and play.
 Strengthen Early Stage Business
Development Ecosystem
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Financing
Conducive Policy
& Regulatory
Framework

Soft
Infrastructure

Academic and
Industry
Linkages
Mentoring

ALEAP - Propelling Entrepreneurship

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CED, ISB
Our role
To promote entrepreneurship as a meansto address pressing economic, social and en
6 WCED is committed to 
entrepreneurship as a 
transformational vehicle To enable a conducive ecosystem for pervasive entrepreneurship dev
for broad-based growth of
India. We enable creation
and growth of sustainable To inspire and educate individuals to seek entrepreneurship as a primary
and competitive
enterprises. We build and
strengthen the necessary
To provide entrepreneurs, amongst ISB community and beyond, knowledge and hands-on experience, and
conducive ecosystem for
fostering the
entrepreneurial
activities. WeTo are a
create effective research to market linkages for accelerated actualization of po
center constantly
pioneering innovative
approaches to facilitate
entrepreneurship
development
ALEAP - Propelling Entrepreneurship
 What we do
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FACILITATING CONDUCIVE ECOSYSTEM & ENABLING
ENTERPRISE CREATION / GROWTH THROUGH INNOVATION

Advocate & promote ethical value systems Propose models for better governance & performance measureme

Facilitate necessary technology solutions

Facilitate networks & consortia for collaboration
ALEAP - Propelling Entrepreneurship
CED, ISB

Initiatives Snapshot
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and dissemination of knowledge

Platforms
that enable
for connecting
enterprise creation
ideas, practices
and growth
andServices
people intothe
accelerate
entrepreneurial
development
ecosystem
and growth of entrepren

ALEAP - Propelling Entrepreneurship

CED, ISB
Enterprise Creation & Growth

9 Incubation Initiatives

ALEAP - Propelling Entrepreneurship

CED, ISB


Enterprise Development Fund
10 

eed/start-up fin a n cin g e co syste m , a sse t-lig h t fin a n cin g , Ju m p sta rt th e in ve stm e n t m a rke t in S M E s, a n
WCED intends to partner with
Government, Financial institutions,
Foundations and Investors to
the establish
development of a competitive venture capital industry in India over the medium term to complement e
Enterprise Development
Fund(EDF)
to help lead a way to create a very
substantial financial ecosystem Provide the know-how and governance frameworks to these F
supporting pervasive
entrepreneurship development at Address the market failures in early stage financing
ISB and network of Funds across
the country Provide inputs to policy formulations conducive for innovation and en

To incubate EDF Management team as a part of Entrepreneur Develop

n and growth
ALEAPby- Propelling
creating a Entrepreneurship
FUND industry that can grow, together with developing a professional fund man
CED, ISB

Research to Marketplace
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WCED
Facilitation Role

ALEAP - Propelling Entrepreneurship

CED, ISB
Business Labs (WIP)

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om Ideation to Execution – Provides an ecosystem to foster entreprene

INCUBATION & FUND

Education/ Training Management Services

Incubatees

Outreach & Prospecting Mentoring Technology Support

Aspiring
Entrepreneurs
Periodic Review Financing

Food Processing
Pre-Incubation Services

Life Sciences
Agriculture Post-Incubation Services
Entrepreneurs

Education
Selection … Monitoring Impact

ALEAP - Propelling Government Policy Makers

Entrepreneurship Financial InstitutionsIndustry Academia R&D Institutions
CED, ISB

Satellite Labs
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 Locations for satellite labs would be chosen based

on following criteria –
 Well developed infrastructure
 Existing SEZ/ Industry cluster
 Proximity of educational institutions
 Availability of skilled human resources
In d u stry C lu ste rs in A P

S a te llite La b s

ALEAP - Propelling Entrepreneurship

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thank you

ALEAP - Propelling Entrepreneurship