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Indian Angel Network launches Startup Boot camps

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CIOL Bureau
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MUMBAI, INDIA: Continuing its efforts to strengthen the Indian entrepreneurial support system and to fund promising start-ups, Indian Angel Network (IAN), India’s largest network of angel investors, announced a series of start-up boot camps.

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To be held across Bangalore, Mumbai, Pune, Hyderabad and Delhi, these boot camps endeavor to bring together prominent angel investors and mentors and emerging and established entrepreneurs, said a press release.

Learning ground for entrepreneurs

IAN said these interactions serve as good learning ground for entrepreneurs by participating in engaging panel discussions on different facets as also pitch for seed-funding.

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Further, in order to inspire a start-up culture and to engage a larger community these boot camps will bring simulate activities like online voting to short-list ideas as well as set up an ‘Ideas Marketplace’. This simulation will allow participants to validate the new venture ideas in an educative and fun way.

The entries to bootcamp are open from 6:00 PM on March 2, 2011 at www.boot-camp.in. Named ‘The Baap of all Bootcamps’ — the event is powered by Springboard Ventures — an emerging start-up enabler which launched crowd-funding as well as business plan advisory and development platform.

Announcing the IAN Bootcamp, Apoorv Sharma, assistant vice president, Indian Angel Network said these boot camps will give IAN members an opportunity to engage with a larger number of start-up entrepreneurs to share their experiences. This will enable the participants to draw up their own list of factors that contribute to success or failure of their ventures.

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Knowledge-led sessions

Each of the boot camp will be packed with knowledge-led sessions, including:

IAN Showcase: Featuring some of the successful investee entrepreneurs of IAN on how to pitch to investors and what support to expect from IAN.

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Ideas Marketplace: Top ten shortlisted ideas in each city get an opportunity to make an elevator pitch to other participants in three minutes. Participants with top four ideas will get to meet angel investors, get incubated by IAN Incubator. They also get assistance making their business plan by MyBPlan.

The Earthy Entrepreneurs: Special showcase and panel discussion on challenges and funding opportunities for social enterprises

The Early stage Investment saga: Leading entrepreneurs and IAN members come together to discuss the challenges of early stage investments

Start-up Pitch: Shortlisted eight start-up ideas in each city make detailed presentations to the investor members of IAN. Top two start-ups selected from each city compete with others at the grand finale at Delhi.