idiya - A Social Venture Ideas Competition | Fusion - WeRIndia

iDiya is a Social Venture Ideas Competition from ISB. This competition was started in 2009 at the Indian School of Business. It is now in its sixth edition. iDiya is a platform for young entrepreneurs to showcase their ideas. These ideas are presented to potential partners who help these young entrepreneurs to not only improve themselves but also to get funds.

iDiya is aimed to encourage and motivate entrepreneurs. They can post their ideas which have commercial and creative potentiality in India. iDiya also provides great mentoring to these young entrepreneurs by teaching them what works and what doesn’t. It is targeted at working professionals in India who can form into teams of 2 to 4 individuals. The teams who participate in this are supposed to submit an executive summary of their business ideas and plans. These ideas are evaluated by student evaluators, Faculty, investors and Social VCs and Social entrepreneurs.

These submissions are evaluated with various aspects like social impact, criticality of the social need, and sustainability. The winners of the showcase go to ISB for an intensive one week boot camp. Here, industry experts and ISB faculty along with big entrepreneurs train them for the challenges they could face. The teams have a chance to meet up with potential investors who are interested in their idea. They are matched with entrepreneurs who will mentor them for a period of time after boot camp. Last year 125 teams have submitted their ideas and 10 winners are invited to the boot camp. You can find more details here.

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