Social Impactpreneurs Program

Social Impactpreneurs Program at IIMV FIELD aims to focus on and help Entrepreneurs that set out to solve social problems in the gap areas as identified by the NITI Aayog, GOI and thereby create an Impact on the Society. The objective of this program is to enable them to transform their ideas into a successful & financially sustainable business venture for the larger good of the society. The 15-month long Program will support upto 100 entrepreneurs in multiple phases and provide one year of incubation support for upto 25 promising ventures at IIMV FIELD. The Program is funded by the CSR Initiatives of MTAR Technologies Ltd, Hyderadad.

The Program consists of four Phases –

Phase 1
Outreach & Applications

During this phase, IIMV-FIELD will be reaching out to Startups expected to be benefitted through this program. Interested & eligible Startups will need to submit the application form in our website

Phase 2
Ideation Bootcamp

In this Phase, upto 100 applicants will get shortlisted for a month-long ideation bootcamp being conducted virtually by IIMV-FIELD. During the bootcamp, the entrepreneurs will get inputs on various essential knowledge areas such as:
> Introduction to “Do Your Venture”
> Opportunities and Idea Generation
> Idea Validation and Evaluation
> Lean Canvas
After the completion of the bootcamp, the Startups will be encouraged to submit a business plan (lean canvas & pitch video) for selection to the next stage of the program

Phase 3
Pre-incubation Bootcamp

In this phase, upto 50 ventures will be shortlisted to undergo a two-month long pre-incubation bootcamp, where ventures will be given structured inputs and mentorship by IIMV-FIELD supplemented by inputs from technical institutions, social startup entrepreneurs and mentors to develop idea into a business plan. The participants would learn what it takes to building a sustainable business.
After the completion of the bootcamp, the progress of the ventures will be reviewed internally, and the Startups will be shortlisted for a brief interaction with the Screening cum Evaluation Committee (SCEC) of IIMV-FIELD. The SCEC will select upto 25 Ventures for the next phase of the program.

Phase 4
Incubation Support at IIMV FIELD

In this phase, the selected Startups will be a part of a rigorous 12-month long Incubation Program at IIMV-FIELD (virtual & Physical). Startups will also get Prototyping and Seed Support from IIMV FIELD depending on their progress. The phase will end with a Demo Day connecting the Startups with investors for fundraising.

Opportunities for Startups, Eligibility Criteria, Selection Criteria, Application Process, Application Form, Program Timelines

Click here to download the program brochure which contains all the details.

Application Process & Application form Link

https://iimvisakhapatnam.syd1.qualtrics.com/jfe/form/SV_bPnbSIxS2oV17Bc

Last Date for submitting the application form

18^th Sep 2022 ; 23:59:59 Hrs