Entrepreneurship and Innovation are not a choice but an imperative to build a sustainable future of India in a rapidly changing world. India is aspiring to be a $5 Trillion economy in the next few years. There is also a need to create 300 million jobs by 2040, which is roughly 10 million jobs a year. The aspiration and needs of India cannot just be fulfilled by existing large enterprises alone. We need next-generation high impact entrepreneurs and ventures.
India has begun its journey to become one of the fastest-growing startup hubs in the world, and it has third-largest start-up ecosystem today. To fulfill the goal to create 10 million jobs per year through startups, India will require the current startup ecosystem to mature rapidly over the next few years.
“India’s next wave of growth will be driven by the increasing number of new-age entrepreneurs. From expanding traditional family-run businesses to setting up unicorns, the Indian start- up ecosystem has never had it so good. India has no dearth of talent, what we need is to channel their ideas and efforts into ventures that have the potential to grow and generate wealth and employment. We also require people who will combine business goals with a social purpose,” said Prof. Dishan Kamdar, Vice-Chancellor, FLAME University.
FLAME University aims to create the next generation of high impact entrepreneurs through its one-year Postgraduate Program in Entrepreneurship and Innovation (PGP EI) and is inviting applications for the intake beginning July 2020.
“The distinctiveness of the program lies in the rigour of its practice component and experiential focus that guides participants from ideation to venture creation. Participants will interact and learn from successful entrepreneurs, business leaders, and investors while the courses will be taught by a portfolio of industry experts and renowned faculty from FLAME University and global schools,” Prof. Kamdar stated.
Reshaping Entrepreneurial Education
FLAME University has developed a unique model of creating next generation of high impact innovators and entrepreneurs. The curriculum is designed by renowned faculty, industry practitioners and innovation experts. Program participants will get an opportunity to interact and learn from our advisors and mentors such as Hari Menon, Rupen Jhaveri, Manish Chokhani, Saras D. Sarasvathy, Prasanna Krishnamoorthy, Darshan Doshi, Aravind Chinchure and more.
With our four-module program, we provide an opportunity to work on LIVE Startup projects over the first two modules followed by incubation of new ventures either individually or in groups in the second half of the program. The program is practice and outcome-focused. Participants learn and practice decision-making frameworks such as ‘Effectuation’ and ‘Lean Startup’ that have helped established entrepreneurs succeed.
Participants are given exposure to exponential technologies including AI/ML, Blockchain, Robotics, IoT, AR/VR and offered coaching to identify high potential opportunities and develop execution capabilities.
We present our participants a springboard to launch new ventures, by hosting a startup pitch events to investors, entrepreneurs and business leaders at the end of each module and win seed capital. The program participants have an option to visit Babson College for an international immersion and explore local startup hubs in Bangalore, Mumbai, Delhi, Pune and Hubli. Lastly, the participants receive access to the FLAME Origins Program, the startup accelerator by FLAME University to scale up their ventures.
FLAME University is inviting applications for the Postgraduate Program in Entrepreneurship and Innovation (PGP EI) for the academic year 2020-21.
Postgraduate Program in Entrepreneurship and Innovation is a one-year full-time residential program located on the beautiful FLAME University campus in Pune. A range of merit-based scholarships to the best performing candidates at the time of admission are awarded in the form of partial to full fee waivers.
The selection process for the program includes an application form, statement of purpose, personal interview, and an entrance exam amongst other parameters. Recently graduated students, young professionals with one or two years of experience and corporate intrapreneurs looking to launch high impact ventures are well suited for this program. Next-generation family business entrepreneurs who are motivated to scale and diversify existing family businesses can benefit from this program.
Applications are received and evaluated on a rolling basis. Personal Interviews are conducted on campus and across major cities in India.