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AarogyaSeva Global Health Volunteer Alliance 2307 S Rural Road I Tempe I Arizona – 85282 I [email protected] Make in India Entrepreneurship BootCamp 2017 (MIIEB Ver1.0) Organized by Tech4Health and IEEE Young Professionals Bangalore Section In partnership with AarogyaSeva, IEEE Bangalore Section, BMS College of Engineering Supported by: IEEE Region 10 Entrepreneurship Support Fund and AarogyaSeva’s “Make for Seva” Fund Chair: Dr Dayaprasad G Kulkarni Founder Tech4Health and AarogyaSeva Chair: Abhishek M Appaji Assistant Professor BMS College of Engineering Alumni MIT GEB V Dates: 19th July 2017 – 29 th July 2017 The event was sponsored by IEEE Young Professionals Bangalore Section, IEEE Region 10 Strategic Planning under Entrepreneurship Activities Support Funding and Aarogya Seva. The event received around 100 applications out of which 30 were selected. The participants of MII EB were selected from an outstanding pool of applicants after vigorous rounds of

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Page 1: Make in India Entrepreneurship BootCamp 2017 In ... · Entrepreneurship Bootcamp 2017 Week 2 DAILY SCHEDULE- Make in India Entrepreneurship Bootcamp 2017 Ti me 9:0 0 A M Team 7/19

AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

Make in India Entrepreneurship BootCamp 2017 (MIIEB Ver1.0)

Organized by Tech4Health and IEEE Young Professionals Bangalore Section

In partnership with AarogyaSeva, IEEE Bangalore Section, BMS College of Engineering

Supported by: IEEE Region 10 Entrepreneurship Support Fund and AarogyaSeva’s “Make for Seva” Fund

Chair: Dr Dayaprasad G Kulkarni

Founder Tech4Health and AarogyaSeva

Chair: Abhishek M Appaji

Assistant Professor BMS College of Engineering

Alumni MIT GEB V

Dates: 19th July 2017 – 29th July 2017 The event was sponsored by IEEE Young Professionals Bangalore Section, IEEE Region 10 Strategic Planning under Entrepreneurship Activities Support Funding and Aarogya Seva. The event received around 100 applications out of which 30 were selected. The participants of MII EB were selected from an outstanding pool of applicants after vigorous rounds of

Page 2: Make in India Entrepreneurship BootCamp 2017 In ... · Entrepreneurship Bootcamp 2017 Week 2 DAILY SCHEDULE- Make in India Entrepreneurship Bootcamp 2017 Ti me 9:0 0 A M Team 7/19

AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

applications and interview process. They were provided with an education based on the Massachusetts Institute of Technology (MIT) framework of Disciplined Entrepreneurship that combined rigorous academic study with the excitement of discovery, support and intellectual stimulation in an intense immersive experience.

During the bootcamp, they were pushed to the limits, inspired, challenged by the faculties, Speakers, MIT GEB Alumni and Mentors from all over world. The participants were trained in analyzing 24 steps frame work of Disciplined Entrepreneurship discovered by Prof Bill Aulet of Massachusetts Institute of Technology. There were around 30 speakers spanning over 11 days of the bootcamp. The speakers had expertise of startup creation, startup mentoring, financials, Intellectual property, taxation, social innovation, open innovation, entrepreneurship success, Product strategy and positioning, startup culture in USA, France, Germany and UK. The speakers/faculties/mentors from various organization including Indian Institute of Science, InnAccel, Government agency, Google, IBM, Startups, K&S Partners, IbHubs, etc.

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

The participants were made to work on the deliverables every day on the concepts taught in the sessions and had to submit at the end of the day. On the final day, they had to pitch their venture in front of the jury consisting of mentors, real investors, VCs, Angels, Rotary club, OCEO labs, etc. There were two teams which were announced as winners who won prize money of ₹10K and ₹5K for first and second prize respectively. The participants had overall good feedback about the bootcamp and were motivated to start a venture or to nurture their startup into seeing the path of success.

Week 1 DAILY SCHEDULE- Make in India Entrepreneurship Bootcamp 2017

Week 2 DAILY SCHEDULE- Make in India Entrepreneurship Bootcamp 2017

Time

9:00 AM

7/19

WEDNESDA Y

Registration

7/20

THURSDAY

Team Presentation

7/21

FRIDAY

Team Presentation

7/22

SATURDAY

Team Presentation

7/23

SUNDA Y

Team Day

Time

9:00 AM

7/24

MONDAY

Team Presentation

7/25

TUESDAY

Team Presentation

7/26

WEDNESDA Y

Team Presentation

7/27

THURSDAY

Team Presentation

7/28

FRIDAY

Team Presentation

7/29

SATURDAY

The final Day, Team Presentation, and 9:3

0

AM

9:3

0

AM

10:

00

AM

Bootcamp

Introductio

n:

Expectation

&

Objective,

Experience

of MIT

Bootcamp

and

Outcome by

Alumni -

Learning

MENTOR

KEYNOTE:

Anush, IBM

Tea Break

MENTOR

KEYNOTE: A

Vijayarajan,

InnAccel

Diffuse

Innovation,

free or

commercial,

Importance

of Team,

Primary

Market

Research,

Market

Segmentatio

n, Beach

head

Dr Vijay Padki

(Aarogya Seva

Maker Space

and Lalbagh)

Tea Break

Anunitya

Achary(Aarogy

a Seva Maker

Space and

Lalbagh)

10:

00

AM

Hypothesis

formation

and

Testing,

End User

Profile,

High level

product

specificatio

n

Tea Break

Customer

Acquisitio

n Process,

TAM for

follow on

Markets,

Business

Model

Tea Break

MENTOR

KEYNOT

MENTOR

KEYNOTE:

Jahanzeb

Akthar,

Income Tax

Commissione

r

Sales

Process, Find

Customer

Acquisition

Cost,

Minimum

Viable

Product,

Core and

Value,

Windows of

Opportunity

Product

Plan,

Leadershi

p and

Culture,

Tea Break

Beyond

Bootcamp

CURTAIN'

S DOWN

10:

30

AM

10:

30

AM

11:

00

AM

11:

11:

00

AM

11:

MENTOR

KEYNOTE:

Karthik

Padmanabha

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

30

AM

12:

00

PM

from Fire

Hose

Tea break

Ice

Breaking

Session,

Pitching

Session,

Ideation,

CANVAS,

Team

formation

market,

Total

Addressable

Market,

Persona

Tea Break

MENTOR

KEYNOTE:

Dr Manish

Arora, IISc

30

AM

12:

00

PM

Full Life

cycle,

Identify 10

next

customers,

Core,

Competitiv

e Position,

Decision

Making

unit

E:

Mukesh,

Product

Strategy

and

Postitionin

g

n Google

Launchpad

Tea Break

MENTOR

KEYNOTE:

Karthik

Padmanabha

n Google

Launchpad

Tea Break

MENTOR

KEYNOTE:

Usha Kiran,

Sole

Propretiershi

p

12:

30

PM

12:

30

PM

1:0

0

PM

LUNCH LUNCH LUNCH

Team Time

1:0

0

PM

LUNCH LUNCH LUNCH LUNCH LUNCH Celebratio

n LUNCH 1:3

0

PM

1:3

0

PM

2:0

0

PM MENTOR

KEYNOTE

: Dr Shyam

Vasudeva

Rao

User Innovation,

Case Study on

User Innovation,

Myths of

Entrepreneurshi

p

MENTOR

KEYNOTE:

Anjana

Kamath,

Founder

Kaarzz

2:0

0

PM MENTOR

KEYNOT

E:

Rambabu

Kondru,

ibHubs

Pricing

Frame

work,

Customer

Life time

value

MENTOR

KEYNOTE:

Dr Jagdish

Chaturvedi,

Stanford

India

Biodesign

Fellow, ENT

Surgeon,

Standup

comedian

MENTOR

KEYNOTE:

Ravi Bhola,

K&S

Partners

Winning

Pitch

Bootcamp

Outing

2:3

0

PM

2:3

0

PM

3:0

0

PM

Tea Break

3:0

0

PM

Team time

3:3

0

PM Inauguratio

n

Deliverable

s

Leena Paul,

British

Consulate

3:3

0

PM

Daily CEO

Check-in

Daily CEO

Check-in

Daily CEO

Check-in

Daily CEO

Check-in

Daily CEO

Check-in

4:0

0

PM

4:3

Tea Break

MENTOR

KEYNOTE:

Perrine

Tea Break

Deliverables

4:0

0

PM

4:3

Tea Break

Deliverabl

es

Tea Break

MENTOR

KEYNOT

E: Amrita,

Tea Break

Deliverables

Tea Break

Deliverables

Tea Break

Team

Time

Preparatio

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

0

PM

Legouilon

France

0

PM

Indo

German

Chamber

of

Commerce

n Pitch,

Mock

Pitch with

Mentors 5:0

0

PM

5:0

0

PM

5:3

0

PM

5:3

0

PM

Deliverabl

es

6:0

0

PM MENTOR

KEYNOTE:

Skype by Joseph

Jenkowski CIO

6:0

0

PM

6:3

0

PM

6:3

0

PM

MENTOR

KEYNOTE,

ASHOKA

FELLOWSH

I P

DIRECTOR

7:3

0

PM

Name of the speaker: - Dr. Shyam Vasudev Rao

Date: 19th

July 2017

Title of the Talk: - Health Innovations and Entrepreneurship “Innovating for

the masses”

Dr Shyam holds a doctorate in Real Time Embedded Systems, invented first Hardware based anti-virus named KNOXWARE. The talk mainly highlighted on the need to create HMI (Human Machine Interaction) therefore making the problems more solvable. Famous quote being “People pay for experience, not for the product”. Speaker also explained about 3nethra (device made in ophthalmology) wiz, A small device that does all work in one. Since 2013, 1400+ installation in 25 countries and 2.5 million have been screened already. Other

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

innovation also included the idea to treat the refractive error in eyes of children, which is still in ideation phase.

Talk was concluded with another quote “Dream is not what you see when you are asleep, but the things that don’t let you sleep”. The quotes were the main takeaway, as they were thought-provoking

Name of Speaker: Anush Sankaran From: IBM Research Date: 20th July

2017

The session started with the groupie! The participant batch was introduced to the

basic topics of Deep learning. Previous knowledge about Machine Learning was

refreshed for the participants, the talk drew the complicated process of coding

and building algorithm, collecting features into a simpler form i.e. DARVIZ (deep

abstract representation, visualization, and verification of deep learning models)

It’s a visual programming IDE, where design of a deep learning model becomes

intuitive by using a drag-and-drop framework.

Once the designing is done, DARVIZ can write the execution in deep learning code. It uses three different platforms i.e. Tensorflow (Python), CAFFE (C++),

Page 7: Make in India Entrepreneurship BootCamp 2017 In ... · Entrepreneurship Bootcamp 2017 Week 2 DAILY SCHEDULE- Make in India Entrepreneurship Bootcamp 2017 Ti me 9:0 0 A M Team 7/19

AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

Theano (Python), Torch (Lua), and Deeplearning4j (Java). This tool helps in extreme rapid prototyping of deep learning models and implementation of state of art papers. The perks which we were able to experience was it could take any state of paper (for instance a pdf file) which could scan and was able to write the code in any of the three platforms available, which was amazing. The GUI is user friendly as well. NAME OF THE SPEAKER: A VIJAYARAJAN

DATE: 20 Th JULY 2017

Topic: Making Innovation Happen: Crossing the Chasm Between Concept and Product

A Vijayarajan gave an inspirational talk on the topic ‘Crossing the chasm.’ It gave an insight into business. Speaker told about his 40 years of his experience in industries, under product development in medical technologies and information technology. Being the founder and chief technology officer of Innaccel technologies, Vijayarajan spoke about the 5 Medtech products that Innaccel had created in the past few years. “InnAccel identifies critical unmet needs, with large addressable markets, using the Biodesign process. Selected through a 6-9 month Biodesign program, form the basis of projects to solve these needs through a novel medical technology. These projects undergo a structured 2-3 year development and engineering path- resulting in a world-class, regulatory certified, commercially viable product.” The ideologies of crossing the chasm between concept and product made participants think the exact steps that need to be taken while designing products or solutions. Having vision, a strategy and the execution of the product

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

is very important. Making you customer win and having a win-win situation is

what is the most essential key to build a foothold into the market.

Name of the Speaker: Perrine Legoullon, COO @ StartupBRICS, France Date:

20th July 2017 Title of Talk: Opportunities for startups in France

Key Takeaways: The culture in France encourages startups from India. Perrine

also introduced that France is a friendly place for growing up the business and is

considering global market for the startup.

Name of the Speaker: Prof. Joseph Jenkowski, Chief Innovation Officer, Case

Western Reserve University, USA Date: 20th July 2017

Title of Talk: - "Multidisciplinary approaches to performing early-stage

technology-based opportunity assessment"

Page 9: Make in India Entrepreneurship BootCamp 2017 In ... · Entrepreneurship Bootcamp 2017 Week 2 DAILY SCHEDULE- Make in India Entrepreneurship Bootcamp 2017 Ti me 9:0 0 A M Team 7/19

AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

• Solve a real need and Identify the market correctly

• Price the product aptly and have a strong team for startup Name of Speaker:

Dr Manish Arora, CPDM, IISc Date: 21st July 2017 Title of Talk: Open

Source Innovation and Product Design

• Open Source is the way out for mass production • Medical device innovations

are driven by regulations • Innovations in healthcare space need to cater for all

demographic regions • Product Design must be follow a fool-proof protocol during

development

Name of Speaker: Ms.Anjana Kamath, Founder, Kaarz

Date: 21/07/2017

Title of the session: Gearing up for better Future!

Metamorphosis of the idea into reality like Germination to the fruit. Anjana is a

budding entrepreneur who is trying to setup an automobile recycling unit for End

of Life vehicles. Speaker is the Director of Kamath Auto Recyclers Pvt. Ltd.

Popularly known as KAARZ.Ms Anjana discussed about her journey of becoming

entrepreneur. Stressing upon the recycling problems and following environmental

issues, channelizing the recycling solutions give appropriate conditions for self

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

sufficiency and management of automobile parts. They plan to set 9 units across

India. Raising 1350 Cr INR for the company is the motto of Anjana. Recycling

unit can efficiently sustain for 20 years and later electric cars. Startup

entrepreneurs need to be careful in talking to government regulatory, in knowing

our customers and creating awareness among the public.

Name of Speaker: Ms. Leena Paul, Department of International Trade British

High Commission

Date: 21st July 2017 Title of Talk: Indian Entrepreneurship Support from the UK

Ms. Leena Paul from the Department of International Trade, British high

Commission shared the details of encouragement, and support available to

Indian entrepreneurs. India, and the UK enjoy a special relationship with UK

being the third highest investor in India, and India being the fifth highest investor

in the UK. The Department of International Trade in UK does not differentiate

between the companies in the UK: local branches of foreign companies enjoy the

same status as UK companies. Just starting an office in the UK gives an Indian

company free access to the services of the Department of International Trade in

more than 150 countries.

The UK government has been running the CATAPULT program to transform the

UK’s capability for innovation in specific areas, and help drive future economic

growth. At the time of writing this report, CATAPULT had about 2500

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

collaborations across more than 2800 SME that worked across 24 countries. The

current investment in CATAPULT exceeds 850 Million Pounds, and has more

than 600 Academic Collaborations setup. Starting an office in the UK enables a

business to have access to all the benefits of the CATAPULT program.

There are a few other initiatives run jointly by the Indian, and UK governments:

1. The India-UK Collaborative Industrial Research & Development Program that

provides upto 300 million pounds to support business led collaborative R&D.

2. The Newton Bhabha Fund aims to bring together the UK and Indian scientific

research and innovation sectors to find joint solutions to the challenges facing

India in economic development and social welfare.

3. The Tech Rocketship Awards is an initiative by the UK’s Department of

International Trade (DIT) in India, aimed at identifying India’s top young

entrepreneurs and providing them with expert business advice and

support to help them go global through the UK. 2016 saw 10 winners from

India.

4. The Department for International Trade’s (DIT) Global Entrepreneur

Programme (GEP) helps overseas entrepreneurs and early stage

technology businesses or startups that want to relocate their business to

the UK.

5. The SIRIUS programme supports young entrepreneurs to live, and build their

businesses in the UK.

Aarogya Seva Kendra, LalBagh Speakers: Dr Vijay Padki, Anuntriya Acharya

Date: 22nd July 2017

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

Day started in Aarogya Seva Kendra. Participants were given T-shirts to wear. A theater personality addressed us and gave two activities to perform on:

1) How to be ourselves and not worry what others think. In this activity we were told to hold anyone object and think of it as another object and work on it.

2) How to say yes and continue a conversation with strangers. In this activity we had to gift something to a stranger and he thinks it as another and replies to it and the conversation should go on.

Quest to perform in LalBagh was initiated to identify the prominent places inside. Participantswere given 40 min to complete the task. After finding each place the teams had to take selfie in front of it with all the team members. They got to know the legacy of the places. Then a teacher who made them perform 3 activities on

1) How quick we can be in responding, in which we had throw a word to other and he adds a word to it and throw it to another person.

2) How to Present, in which we were given a situation and we had to perform on it convey the message to others.

3) How to handle sarcasm, in which the person standing opposite to us said what he didn't like about us and we had to agree for it saying yes. Later all went to Akshaya Restaurant for Lunch.

Name of Speaker: Ram Babu Kondru, CFO, IbHubs India

Date: 24th

July 2017

Chief Financial Officer of iB Hubs. Rambabu addressed the aspirants on Art of fundraising. Also explained about revenue, equity and debts. Speaker gave participants ideas on different type of investors: Angel investors ,super angels

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

and MicroVCs, Venture capitalists, syndicate which is collection of investors, Lead investor. To ensure proper communication among investors in the syndicate but insist on lead investor being the voice for whole syndicate when it comes to investment terms.

Role of a lawyer as told by Rambabu: Experienced lawyer who understand VC financing is invaluable. Startups have to safeguard from bad/inexperienced lawyer. Mentor can be helpful in financing, if they know the VCs involved for entrepreneur would be good if we share a small success fee for the mentor.

How to raise money? Startups have to be careful not to go out asking for amount required. Executive summary should be short description of presentation. Bootstrapping, Grants, Bank loans, incubators, venture debts and crowd funding.SEBI registration required. Due Diligence report on the investor. Ask him politely for the reference of other startups they have invested in to know them better. If an investor passes on a deal with us then ask feedback.

Steps for MIT Disciplined Entrepreneurship by Abhishek Appaji, Chair,

IEEE Young Professionals Bangalore Section

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

Name of Speaker: Mr. Mukesh Ghatia Title of Talk: Product Strategy

Mr. Mukesh Ghatiya presented a brilliant talk with class-room exercises on the topic of “Product Strategy”. The theme of his presentation was that a good Product Strategy helps steer a business towards its mission. A good

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

strategy should result in a product that solves a problem, and is sustainable on the long-term. It is important to clearly bring out the differentiation the business offers with respect to its competition. It should inspire everybody involved in the business.

A good strategy serves as the Decision Making Framework during execution (what to do when). To construct a good strategy, the business needs to have clear VISION, the PROBLEMS/NEED the business want to address, clarity about TARGET USERS, and knows HOW TO POSITION ITSELF. The BUSINESS GOALS need to be identified, and validated upfront. A BUSINESS PLAN needs to be drawn up to meet the BUSINESS GOALS; STEPS in the PATH/BUSINESS PLAN need to be enumerated. It is also important to enumerate WHAT THE BUSINESS IS NOT. The BOOTCAMPers practiced these concepts, refined their BUSINESS/PRODUCT STRATEGY, and made presentations to Mr. Mukesh.

Name of Speaker: Ms. Amrita Gandikota, German Counselee Title of Talk:

Germany & Indian Startups

Ms. Amrita Gandikota, and Mr. Uygar Gedik presented details of the different German initiatives Indian Startups can benefit from. The Indo-German Chamber of Commerce (called ‘AHK Indien’ in German) has been helping businesses in India, and Germany since 1956, and has more than 6700 (about 800 German companies included) members. It has 6 offices in India, and one in Duesseldorf. It has an initiative called ‘DEInternational Services’ that provides business services to its members. Another relevant initiative of the IGCC is the Indo-German Training Center that offers a wide variety of training courses. They also facilitate INTERNSHIP (Ausbildung) opportunities in Germany for Indians.

The German-Asian startup platform StartUp AsiaBerlin is a project established by the State of Berlin in cooperation with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). It is in operation in MANILA, JAKARTA, BANGALORE, and BERLIN.

The next road-show of this initiative in Bangalore is scheduled for Oct. 28-29, 2017. German Companies are BORN GLOBAL, and that provides great opportunities for Indian Startups to go Global by getting into Partnerships with German companies/opening a branch office in Germany.

DENA, Germany’s centre of expertise for energy efficiency, renewable energy and related technologies works with several German & Indian companies create new solutions, technologies, and installations. They may also partially fund some of the projects. The RUHRSUMMIT is an event focused around startups. The RUHRSUMMIT2017 is scheduled for Oct. 19, 20 at Dortmund, Germany.

Ms. Amrita also provided useful insights into the German culture, and introduced

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

the concept of 3P=Q: Punctuality, Perfection, and Precision lead to Quality.

Name of Speaker: Jahanzeb Akthar, Income tax Commissioner. Date: 26th July

2017

Title of Talk: Importance of Taxes for Startups

Our perception of paying taxes changed after hearing to Jahanseb Akthar,

commissioner of the Income Tax Department. In our country, we have different

slabs of taxation for salaried employees, it begins at the lowest entry level of 5%

for people earning 2.5 to 5 LPA. The maximum is 30% for people who earn more

than 10 LPA. Evading them is a form of corruption, this is not at all desired for a

proper functioning of the department. The government provides a lot of facilities

for relaxation of taxes under specialized cases. As per the rule passed in 2016,

for start-ups, there is a consecutive three year period for which they are 100%

tax-free. The choice of the years has to be within the first seven years; from the

date, the startup is certified and registered under startup.gov.in website. Once

the startup starts to report a net profit of two crores per year, they are taxable at

a minimum of 8% of their profit. The key is the minimum percentage can be

increased by the payee and it is up to them to pay more taxes. Speaker also

highlighted the impact of cultural diversity in the way tax is paid or not by citizens

of India. The main takeaway is the:

1) Role played tax money we pay in development of our country

2) Pride in paying more taxes

3) Promoting a corruption free nation

4) Start honest and sustain that honesty

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

Name of Speaker: Karthik Padmanabhan, Google Date: 26th July 2017

Topic: Google Solve for India

Karthik started to work for ‘Solve for India’ program wing of Google nine months back. The idea that incepted this initiative from the global company such as Google was amazement to the audience. For a company that does so well on a global scale, to sit and discusses micro issues around the diverse group of people they cater to; throws importance back to solving the needs that exist rather than inventing a need and solving it.

The speaker spoke about the process Google used to design the said program wing. Based on research the users were categorized as Global, Strivers, and Seekers. Google followed the trail of opportunity and found a real need to invest in Striver market, which they estimate will over-turn the Chinese Market by 2020. India is the largest Striver market in terms of the huge man power that we can present as a nation.

The takeaway from this session:

1) Interact with the end user and understand the real problem.

2) Research and discuss on the nuances of the problem.

3) Make the solution easily accessible and usable.

4) Be an entrepreneur only if you are solving a compelling need.

Name of Speaker: Jagdish Chaturvedi, Clinical Director, InnAccel Date: 26th

July 2017

This speaker started out the session with Q&A and opened it up to the audience;

To structure the further presentation based on the expectation of the attendees.

There was a discussion on IP issues. Speaker told us about the decision making

steps for the safeguarding of our idea. A patent is an option when you would not

want anyone to infringe and affect your market, but in the healthcare industry or

during need of emergency mass-production the license or patent can be open-

sourced. There are regulatory steps for medical devices that increase the end-

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

cost of one unit of any kind of device. Speaker also gave us hints on how to

bypass the regulatory, and reduce the pricing of the product we develop.

Key takeaways are:

1) Develop products for need.

2) Focus on failing naturally.

3) Fail to learn and grow

4) Follow a structured procedure in product design.

Talk by Yash Veer, Ashoka Fellowship Director Date: 26th July 2017

It was a long and tiring day of about 4 speakers and finally the vibrant team of

ashoka arrived. Initially participants did not know or hear about social

entrepreneurship, currently most of the startups only think of scaling up or

thinking about the profits the startup is going to make or achieve in the years to

come. Well the ashoka team consisting of Mr Yash veer who was the key

speaker gave a brief introduction of bill drayton the founder of ashoka and what

inspired him to give the name ashoka it was interesting to know the answer. We

got an in depth understanding about the wonderful establishment and the

increment of ashoka fellows, which was astonishing and made us realize that

there are people who work for the betterment of our society. Mr Yash gave

examples of young teenagers. One example being a young teenager from

Mumbai who gave a thought about the slum dwellers living on the footpaths

during a rain but what inspired young entrepreneurs was the solution he came up

with. Another example being two young girls in bangalore who thought about the

water we waste in hotels. This was the longest day we spent in bootcamp class

1, but the day does not end here after we thank Mr Yash we were surprised to

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

see a wildcard entry entering the hall it was none other than the BMSCE

principal, who was friendly and vibrant his few words of wisdom enlightened

audience to have a wanting to learn more

Name of Speaker: Ravi Bhola

Date: 27th

July 2017 Mr. Ravi Bhola, partner K&S partners, gave a session on

“Effective IP management”.

Speaker gave us various insights about how to patent a technology/ product. Ravi said Disclose what you have innovated, get recognition, license it. It was an eye opener session and an interesting topic post lunch. Ravi highlighted the three important key factors to apply for a patent that is novelty, inventiveness, utility. Ravi spoke about kinds of IPR's, trademark, copyright, contents of a specification, freedom to operate(FTO), and a few more. There was an emphasis on the improvements and the standardizations that have been done in the international patents in accordance with the Paris Treaty. Ravi encouraged the boot-campers also to apply for a patent under a provisional application in India, and then in the coming years filing a patent under PCT and any country out of the 151 allowed, to file another one for commercial usage. The questions and answer session included a lot of queries by the inquisitive candidates, which were answered by Mr. Ravi.

Name of Speaker: Usha Kiran

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

Date: 27th July 2017

Title of Talk: Sole proprietorship

• To be passionate always in terms of entrepreneurship

• Fight for the survival of your ideas

• Face all odds with the zeal to progress

• Acknowledge the support from those around

IEEE Ideation to Productization Organized by: IEEE Young Professionals

Bangalore Section

Date: 29th July 2017

IEEE Ideation to Productization was held on 29th July 2017 at B M S College of Engineering, Bengaluru. There were Six teams to pitch the ideas on their product development to the jury of 7 members. There were around 10 IEEE members and around 40 non-IEEE members. The following were jury members were

1. A. Vijay Rajan (Innaccel),

2. Dr. Ravi (Rotary),

3. Dr. Sujatha DN (WIE chair),

4. Mukesh (Product strategist)

5. Gautam (Investor)

6. Rajeev (Oceo labs)

7. Vikram Gulache (Virtual Investor)

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]

In the morning session, each team got 8 min to pitch their ideas, and 7 min for

question answer from the jury about their idea. The 6-team started their pitch at

10 PM and concluded the session by 12:30 PM. Then the closing ceremony was

headed by Dr. K. Mallikharjuna Babu (Principal BMSCE), Rotary Chairman and

Dr. Dayaprasad Kulkarni and Prof. Abhishek Appaji, Chair of IEEE Young

Professionals Bangalore Section.

Out of 6 pitches 1st prize was awarded to team Beckon with prize money of

Rs.10000/- (team of 5) and 2nd prize was awarded to SARB with Rs.5,000/-

(team of 3) as prize money rest of the 4 teams were given goodies to carry

home. The event had Gala Lunch to all the participants and the guests who

joined the event.

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AarogyaSevaGlobalHealthVolunteerAlliance2307SRuralRoadITempeIArizona–[email protected]