How does the PGP in Entrepreneurship and Innovation differ from an MBA program?

EIMR’s PGP in Entrepreneurship and Innovation is a 12 month course – a mix of interactive founder/CXO led sessions, case studies and activities, both on campus and outside. There are no textbooks or memorizing to answer questions at examinations, distinguishing it from conventional academic models. You will be coached, mentored and provided a networking platform. Unlike an MBA program, that prepares and assists you in job placements, the PGP in Entrepreneurship and Innovation supports you from idea generation to commercializing your idea.

Will I receive a certificate upon completing this course?

You will receive a certificate from EIMR on completing the course. This will entitle you to pitch your idea to investors who have partnered with the institute and gain access to up to Rs.21-crore seed funding. The focus of the program is on application of learning and the commercialization of ideas, with the ultimate goal of launching a startup. As such, the emphasis is on hands-on experience rather than a formal certification.

How can I access the Rs.21-crore seed funding at EIMR?

To access the Rs.21-crore seed funding, you must become an EIMR certified entrepreneur, which involves successfully completing the 12-month mentorship program offered by EIMR.

Can I apply for seed funding without becoming an EIMR certified entrepreneur?

You need to successfully complete the 12-month mentorship program offered by EIMR to access the Rs.21-crore seed funding.

What makes EIMR, despite being relatively new, a trustworthy choice for my entrepreneurial journey?

Trust in EIMR is grounded in our 13-year legacy in education, offering various MBA programs. We carefully planned our foray into the startup space six years ago, ensuring alignment with market demand and timing. Our decision to wait for the right moment reflects strategic thinking. With a seasoned management team boasting extensive business backgrounds, our credibility is further underscored. Its important to recognize that your entrepreneurial journey begins with trust—trust in us as your launchpad. If you are skeptical, consider this: just as you seek a first customer for your startup, trust in us is fundamental for building a foundation of credibility and success.

How are learning sessions conducted at EIMR?

EIMR learning sessions are led by founders and CXOs, emphasizing best practices through discussions around real-world case studies. We avoid traditional, textbook-oriented classes in favor of skill and behavior enhancement. Application of learning is structured and mostly through templates and frameworks. Immersive learning includes close to real simulated experiences and actual application on campus and outside as well.

Will I receive additional support during the course?

EIMR offers, as a part of the course, coaching and mentoring through five support functions: Centre for Self-Integration, Centre for Incubation, Centre for Business Consultation & Research, and Centre for Technology Consultation. This support extends up to 3 months post-completion of the course.

Can EIMR help me build my network?

Participants have the opportunity to network with like-minded peers as well as founders and CXOs. EIMR’s collaborative environment, designed like a co-working space, encourages networking and may even lead to potential co-founder connections.

How is the EIMR course different from online courses?

Unlike with online courses, the EIMR program is not just about knowledge acquisition but application along with demonstration of required skills and behaviours. Founders and CXOs who facilitate sessions, share real-world best practices, providing a unique learning experience. Additionally, our course includes personalized support and mentorship, a feature often lacking in online courses, contributing to a more comprehensive and impactful learning journey. You experience simulations and work on applying the learning to your idea(s) at every phase of the program.

Do you have extracurricular activities?

We have those planned as part of the course.

Is there a hostel facility at EIMR?

Currently, we do not have a hostel on-site. However, we provide assistance in finding paying guest accommodation, particularly for those not from the city, to suit various budgetary requirements.

Green Startups: How Green Startups Makes an Impact in India

Introduction:

Green startups are business ventures founded by entrepreneurs who bring sustainable solutions to the environment organizations or companies that conduct themselves to minimize the harm to the environment. They aim to preserve the environment and solve the challenges in climatic conditions.

Growth of Green Startups in India

India has witnessed growth of 11 green startups in 2024 and many more to reach new heights in the coming years. The Indian government has recognized the importance of green startups and eco-friendly products. The Indian startup ecosystem is at the forefront of driving innovation and change toward a greener and sustainable future. India has seen a growing emphasis on sustainability and green business in recent times. Some key trends include:

Renewable energy:
India has become one of the top renewable energy markets in the world with an ambitious goal to reach 450 GW of renewable capacity by 2030. Many startups are providing innovative solar products and financing models to expand access to clean energy, making India rank 3rd worldwide for installed solar capacity. Ola Electric Vehicles and Ather Energy are companies with products on the concept of renewable energy that have seen a great rise in demand over the past years.

Social Entrepreneurship:
Indian startups increasingly adopt social impact models and incorporate social responsibility into their business practices. New companies like healthcare, education, financial inclusion, and women empowerment are emerging. Alex Husted, founder and CEO of Helpsy has set a good example of diving deeper into the issue, reducing, reusing, and recycling textiles and clothing to reduce the massive waste issue.

Impact of the Ideas on the Environment of India:

The ideas from the Green Startups have brought changes to the environment from climatic changes to the control of waste management, along with using renewable energy sources. The idea of reducing plastic by replacing it with jute bags has reduced lots of waste produced across the country. Usage of solar energy, geothermal energy, and biomass are very good examples of renewable energy through which there are lots of products and solutions designed to use renewable energy across the nation. The products designed by the green companies have helped the nation with control of climatic changes and reduce environmental pollution. One such idea is the origin of electric vehicles. The government of India favors green startups for helping in the environmental conditions but they come with the risk of adaptability by the people.

This risk can be reduced with the help of the startup founders program offered by the EIMR who help young entrepreneurs make a strong foundation and network with society, to bring forward their ideas on the green revolution with the right guidance from this Institute. Your idea of bringing changes to the environment through products or services is a great step towards the development of the country. Through EIMR, you can establish an organization of your own with the help of mentors and coaches who are experts in the field of business and entrepreneurship.