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JGI iDEA ties up with AIM, Heimerer School

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CIOL Bureau
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BANGALORE, INDIA: The JGI iDEA program has entered into strategic partnerships with the Heimerer School in Germany and the Asian Institute of Management (AIM), Philippines, to give its students the extra competitive edge as Entrepreneurs who will be looking beyond boundaries.

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JGI iDEA Program is an International PGP in Entrepreneurship with Guaranteed Investment in Student Business, said a press release.

JGI Ventures, a venture promoted by Dr R Chenraj Jain with a fund base of INR 500 Crores to promote Entrepreneurship by incubating student venture with 100 per cent funding, launched the program recently.

Also read: Entrepreneurship should have no boundaries

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iDEA program is designed with a vision to build a stronger entrepreneur ecosystem in India. The program is spread in three phases of 10months, 08months and 12 months. In the 1st phase, the student will be trained on the 'how and why' of business ventures in a world-class residential campus in Bangalore and EDI, Ahmedabad.

Phase 2 consist of seven countries business study tour and Business Plan Development and in the last phase the student business is incubated with 100 per cent Funding, Business Mentoring and active assistance in terms of Networking, Marketing, Finance, IT, HR, Shared Services and more.

The partnerships will entail JGi students to get a hands-on experience in the various verticals of business from these institutions.

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The HEIMERER School from Germany is known for its outstanding capabilities in Management education that complement the JGi iDEA Program. The tie-up with the AIM will add to the global entrepreneurial exposure, giving them a perspective of Asian business culture. Students will also travel to China and Hong Kong to understand and learn how China is powering itself through entrepreneurship and invading global markets.

Dr Friedrich Heimerer, director Heimerer School, Germany said, “We are very excited to be a part of the distinctive entrepreneurship program JGi iDEA. Our school is committed to providing the best of the resources and mentoring for students, essentially grooming them in niche areas of entrepreneurship. The relationship will enable the students to work closely with the innovative faculty and students at the Heimerer School, adding to knowledge sharing.”

In Germany, the students of the iDEA program will visit the Chamber of Commerce, interact with entrepreneurs, business professionals and communities, as well as visit established companies to get a ringside view of their operations.

It is envisaged that the students may also forge business linkages with business people in Germany, which would come into effect when they launch their ventures after they return to India.