Page 38 - Revised_Interactive_IIM(V)ibes_Newsletter 18th July

NIDHI ACCELERATOR PROGRAM

Fifteen incubated startups in the NIDHI Accelerator Program are currently in the acceleration phase, i.e., Phase 3. In
the NIDHI Accelerator Program, supported by NSTEDB and DST, IIMV FIELD has selected 15 startups for Phase 3, i.e.,
the accelerator phase. IIMV FIELD has partnered with FundEnable and TIE Hyderabad for the execution of this
program. With the support of IIMV Faculty, IIMV FIELD has designed this phase with 7 modules in Phase 3 and began
executing it in December 2022.
In Module 1, Venture Diagnostics, all 15 ventures were diagnosed to check if they were on the right path.
Accordingly, the ventures have received structured input from Ms. Uma Sudhindra, Mr. Gopal Rao Addanki, Mr.
Sumeet Agarwal, and Mr. Harsha Vikas Dhanalakota.
In Module 2, Understanding Business Models, the ventures received strategic input on business models and business
strategy from Prof. Saroj Kumar Pani. IIMV FIELD has also organized a physical networking event, Founder’s Club, with
TIE Hyderabad. Some of the incubated ventures attended and participated in this networking event with Mr. A. V. Rao
(Board member, TIE Hyderabad) and Ms. Rashida Adenwala (President, TIE Hyderabad).
In Module 3, Reaching out to target customers, the ventures received input on marketing from Prof. Amit Shankar,
Prof. Preeti Virdi, and Prof. Jishnu Changkakoti.

In Module 4, Operational Strategy for Scaleup, the ventures received input on operations and supply chain from Prof.
Milan Kumar.
The Program is currently in module 5 of this phase and is expected to end with a demo day in July or August 2023.

SOCIAL IMPACTPRENEURS PROGRAM

50 Startups in the Social Impactpreneurs Program are designed a one-month long bootcamp with the support
currently in Launchpad Phase i.e., Phase 3. The Social of the Entrepreneurship Area at IIMV. Accordingly, the
Impactpreneurs Program is supported by the CSR startups received structured inputs on ideation, lean
initiatives of MTAR Technologies Ltd. In Phase 1 (call for canvas, and business models from Prof. Sushil Kumar
applications), IIMV FIELD received more than 200 and Prof. Saroj Pani. The Program is currently in Phase 3
applications, out of which 156 ventures were selected (Launchpad) with 50 ventures and is expected to end
for Phase 2 and 50 startups were selected for Phase 3. with the selection of 25 ventures for Phase 4
In Phase 2 – Ideation Bootcamp, IIMV FIELD has (incubation).

36 | Vol 4 | Issue 2 | Jan-April 2023