ISB launches I-Venture Immersive (ivi) programm

May 8, 2024: The Indian School of Business (ISB) has launched a singular programme tailor-made for upcoming and promising entrepreneurs, referred to as I-Venture Immersive or ‘ivi’. Administered by the college’s entrepreneurship arm, I-Venture@ISB, the programme encourages eager innovators from throughout the nation to pursue their ardour with or with none formal instructional qualification past Class 12.

The first spherical of admission for ‘ivi’ is now underway, for the founding cohort beginning in October. The six-month immersive expertise – billed as ‘greater than an incubator, greater than a college’ – will probably be performed full-time on the Hyderabad campus of ISB. Designed to offer budding entrepreneurs with transformative help, ‘ivi’ can even present funding help for promising cohort members to convey their revolutionary concepts to life.

The programme is designed to cater to a various group of aspiring innovators, together with latest graduates desirous to launch disruptive startups; tech professionals in search of to infuse entrepreneurial considering into their careers; and next-generation household enterprise homeowners who’re desirous to launch ventures past their legacies.

It can even welcome girls entrepreneurs navigating distinctive challenges within the aggressive market and armed forces veterans trying to apply their management expertise to entrepreneurial pursuits.

Professor Bhagwan Chowdhry, Faculty Director, I-Venture@ISB, defined, “Through ‘ivi’, ISB will foster a vibrant ecosystem that nurtures creativity, attracts funding, and empowers visionary leaders, all essential parts for unlocking India’s entrepreneurial potential. Our pursuit is to empower people from all walks of life to observe their entrepreneurial aspirations, and we’re targeted past the standard massive cities, with an inclusive give attention to all tiers and cities.”

The utility and choice course of will contain the candidate importing movies explaining their motivations – a way of choice that isn’t sure to grades and marks.

In its supply, the ‘ivi’ programme emphasises problem-solving by way of revolutionary strategies, together with AI, machine studying, and knowledge evaluation. Additionally, college students will purchase proficiency in accounting expertise. The advertising and marketing section will give attention to branding, customer-centricity, and go-to-market methods. Further, the ‘ivi’ curriculum will pivot in direction of Lean Startup entrepreneurship and Design Thinking rules. Finance fundamentals for private and company finance, negotiation enhancement, and provide chain administration, are among the many different topics lined, utilizing an immersive expertise and hands-on coaching strategies.

Saumya Kumar, Director, I-Venture@ISB, added, ” By eradicating conventional boundaries to entry and offering substantial help, we’re not simply shaping companies; we’re shaping a extra inclusive and vibrant entrepreneurial ecosystem in India. ‘ivi’ realises our dedication to creating entrepreneurship accessible to all.”