“Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.” - Peter F. Drucker

What is UDDYAM?

Uddyam is the annual Innovation and Entrepreneurship event of S.P. Jain Institute of Management and Research that aims to be an enterprise building exercise and serve as a platform for commercialization of innovations.

Uddyam ’10 will be conducted in association with Technopreneur Promotion Program (TePP) of the Department of Science and Technology (Govt. of India). A pioneer in promoting technology based innovations, TePP has helped many innovators patent their prototypes over the past few years. Though many of them have the potential to become successful ventures, there is a huge divide between the innovators who make these products, the entrepreneurs who can take them to the markets and investors who can provide the funding.

At Uddyam, we aim to bridge the gap between the innovators, entrepreneurs and investors. We present to you validated TePP innovations and you prepare ‘Innovation-plans’ and tell us how you think these innovations can be commercialized. The top six ‘I-plans’ will be selected and presented in front of an esteemed panel of judges and also interested entrepreneurs and investors. At Uddyam, we provide the right ecosystem for enterprise building!

KEYNOTE ADDRESS

Uddyam’10 will kick-start with a keynote speaker address by Dr. Y.S. Rajan.

Dr. Y.S. Rajan has a proven track record of excellence as a Scientist, Technologist, Administrator, Organisation Builder and Leader, Diplomat, Writer and Poet. Currently the Principal Adviser to Confederation of Indian Industry (CII), he is a well recognized authority and thought leader on technology development and business management.

Having made key contributions to space research in India as the Scientific Secretary, Indian Space Research Organisation (ISRO), he has also worked with Massachusetts Institute of Technology (MIT) and NASA for about three years. Dr. Y.S Rajan has led Indian delegations to United Nations (UN) and has visited about 40 countries as a part of cooperative efforts in science, technology and business.

He is also a prolific writer and has co-authored the book India 2020- A vision for the New Millennium along with Dr. A.P.J Abdul Kalam. Through his keynote address we wish to deliberate on the right road ahead for promoting entrepreneurship and setting the right platform to bring innovations to life.

Rules and Guidelines

• Each team should comprise of 2-3 members of the same institute


• All teams should register before 11:59 PM, 8th January, 2010 by emailing their team name, member names, institute name and the innovation chosen to entrecom@spjimr.org with subject line “Uddyam10_TeamName_Registration”


• One team can submit I-Plans for one or more innovations


• The event will be held in two phases

PHASE 1

• Submission of executive summary by 11:59 PM on 17th January 2010


• Submissions to be made in doc format in times new roman font, size 11, 1.5 line spacing, and a page limit of 3 pages


• All entries to be mailed to entrecom@spjimr.org with subject line “Uddyam10_TeamName_InstituteName”


• The Team Name, Institute Name and details of team members including their names, e-mail ids and phone numbers need to be present ONLY on the cover page of the I-Plan


• All references must be clearly mentioned. Any type of plagiarism would result in disqualification of the team


• Parameters to be included
• Value Proposition
• Scalability and Sustainability
• Competitor Analysis
• Marketing Strategy
• Operation Strategy
• Financials
• Barriers to Entry
• Risk Mitigation Plans
• Exit Strategy
• Teams will be judged based on
• Feasibility of proposed Commercialization Plan
• Effort put into preparation of plan

PHASE 2

• Mentorship Window
• Top 6 I-plans will be selected from Phase 1 and allotted mentors
• • Mentorship Window: 21st Jan to 5th Feb 2010
• Teams are supposed to work with mentors through personal/telephonic/e-mail contact to improve their I-plans
• Final Presentation
• These 6 teams will present their detailed ‘I-plans’ in front of the esteemed panel of judges at SPJIMR, Mumbai campus on 7th February 2009
• Teams will be judged based on
• Feasibility of proposed Commercialization Plan
• Effort put into preparation of plan
• Tangible improvements made in the plan after the mentorship window

Important Dates

Prize Money

Prize Money worth Rs. 1,00,000 to be won!

• 1st prize: Rs. 50,000
• 2nd prize: Rs 30,000
• 3rd Prize: Rs. 20,000

Contact Us

E mail : uddyam@spjimr.org
Contact numbers: Sharika Durani: +91-97307 59757 / Praneeth Pentakota: +91-98198 07439