Entrepreneurship Cell, IIT Kharagpur
Encyclopedia
Entrepreneurship Cell, IIT Kharagpur (E-Cell) is a non-profit student’s organization dedicated to promoting the spirit of entrepreneurship
among students throughout India
. Established in 2006 under the aegis of STEP (Science and Technology Entrepreneurs’ Park), IIT Kharagpur, E-Cell has since been involved in more than 20 startup companies in the initial stages of their existence.
. This, it does by the following means:
event, the Global Entrepreneurship Summit (GES) was held in 2007 (then known as Entrepreneurship Summit or E-Summit), while that of its Nation-wide drive, Entrepreneurship Awareness Drive (EAD) was organized in 2009.
E-Cell today has more than 50 members from within IIT Kharagpur, and several more outreach members from various other colleges in the city.
of activities throughout the year, for the benefit of students within IIT Kharagpur as well as those in other colleges throughout India.
First held in 2005, by the then TIETS-Student Chapter, with just one in-house competition, viz. Concipio, it grew on to become a full-fledged Entrepreneurship Summit in 2007 to the Global Entrepreneurship Summit in 2010, attracting participation from different countries like Singapore, Germany, the United States of America and Japan.
It is a platform where entrepreneurial minds throughout the world meet, where inspired by old ideas, new ones arise and where these ideas are put to test. It is a get-together of motivated students, aspiring entrepreneurs as well as established professionals, who meet under various formal and informal sessions, which include Guest Lectures, Workshops, Conferences such as Venture Capitalist Conference, Global Entrepreneurship Conference , etc.
, the world has become a small place to live in, and boundaries are political than physical. Hence, development taking place in one country of the world seldom fails to have an effect in another. With this in mind, E-Cell hosts the Global Entrepreneurship Conference (GEC), in which organizations from across the Globe participate and, through Video Conferencing discuss the entrepreneurial ecosystem prevailing in their respective countries and try to gather the best of that taking place in different countries. This conference is represented by a panel from each of the organizations, and is screened to the audience at IIT Kharagpur. The participating institutions include Harvard Business School
and Illinois Institute of Technology
, United States of America; Oxford Entrepreneurs, England
; Industrial Development Authortiy, Ireland
; National University of Singapore
, Singapore
; Ludwig-Maximilians-Universität, Germany
; TiE Japan.
of Nidan (Social Entrepreneur of the year 2008), Gerard J. Rego of Vayugrid Inc., Murugavel Janakiraman of Bharatmatrimony.com and Vasant Subramanian, the then President of TiE, Kolkata Chapter.
competition organised by the Entrepreneurship Cell, IIT Kharagpur. The competition promises to bring about a fruitful transition in the regular placement culture of the institute with the introduction of Entrepreneurial avenues to the students. The competition is aimed to transform the raw ideas that are born in the institute into full fledged business models.
competition organized by the Entrepreneurship Cell, IIT Kharagpur. It caters to those visionaries who have it in them to impact our present, and revolutionize our future. The aim of this competition is to provide an arena where the next generation of block-buster products can be showcased and to provide a platform for the winners to take their idea to the next level. With the assistance of the TePP, feasible products can get up to 30 lacs wotrh of funding and mentorship.
Eclairez is a Social Entrepreneurship Challenge aimed towards those individuals who have the gumption to empower those at the bottom of the pyramid as well as earn profits for themselves while doing so. This competition aims at the amalgamation of students, NGOs, incubators, social entrepreneurs, venture-capitalists and corporations to develop and encourage the spirit of Social entrepreneurship
. It is a platform for Social entrepreneurs to showcase their innovative solutions to society's most pressing social problems.
-oriented Business Plan
competition organized by E-Cell. Its uniqueness lies in the fact that it is the first of its kind in India. Clean Technology
or "Cleantech" is a term used to describe companies and business models that use innovative technology to create economically viable products and services that offer competitive returns for investors and customers, while providing solutions to global problems. It refers to products and services that improve operational performance, productivity or efficiency while reducing costs, inputs, energy consumption, waste or pollution. They are expected to help our society move away from a dependence on non-renewable fuels and foster a healthy natural environment.
E-Cell addresses the latter through the various Guest Lectures which are conducted as part of GES. Talks by various authorities on entrepreneurship are conducted, as they serve as motivation as well as guide-posts for aspiring entrepreneurs. Some of the speakers in this platform include :
Arjun Malhotra
Co-founder, HCL Technologies
and Chairman, Headstrong
;
Vinod Dham
, Inventor of the Pentium
Chip
(Father of Pentium Chip);
Sanjeev Bhikchandani, Founder, Naukri.com;
K.D. Singh, Founder, Alchemist Group;
Sunil Handa, Serial entrepreneur, Faculty, IIM Ahmedabad and Management Guru;
Padma Shri
Anil Gupta Faculty, IIM Ahmedabad, Padma Shri
Awardee (for distinguished achievements in the field of management education);
Sramana Mitra Forbes
Columnist and Strategic Consultant;
Dominique Trempont Board of Directors
, 3Com, Finisar, Energy Recovery Inc., associated with Steve Jobs
as CFO of NeXT;
Anand Sen, Vice-President, Tata Steel
;
Rashmi Bansal
, Writer of books such as Stay Hungry Stay Foolish.
, Financial Analysis
, opportunities of innovation and entrepreneurship available in certain sectors, are also taken up. These workshops are conducted annually by organizations like Intel, Novell
, CII
-Sorabhji Godrej
, Seeders, Wipro
(WiCamp) etc.
A typical Knowledge Camp session would begin with the introduction of the topic, declared well in advance, followed by presentations by speakers. Every member is by default invited to make presentations, with the liberty of content and duration. While the delivery is on, the topic is open to the house for questions and to add to any of the subtopics covered. Although they need not be after rigorous research or core calculations, such content is more than welcome. A reliable source is acceptable for discussions as well as presentations.
It provides a learning platform for students from all disciplines and areas irrespective of their year of study. Presenters include students and research scholars presently working in the fields.
Under this course, students have subjects which, unlike MBA courses that deal with corporate management, help them in the specific task of management within a startup, which is quite different from the former. In the fifth-year, students are provided with funding up to Rs. 1 Lakh and also mentoring and incubation to enable them to develop their own company.
IIT-Kharagpur is the first institute to offer this programme at Undergraduate-level.
, a US-based not-for-profit student-run organization organizes an annual Summit on Entrepreneurship. In the 2010 edition of this summit, the Indian team consisted of four members from E-Cell. Furthermore, the delegation was formally endorsed by Mr. Sashi Tharoor personally.
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
among students throughout India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. Established in 2006 under the aegis of STEP (Science and Technology Entrepreneurs’ Park), IIT Kharagpur, E-Cell has since been involved in more than 20 startup companies in the initial stages of their existence.
Vision
The basic aim of E-Cell is to encourage college-level students today to start their own enterpriseBusiness
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
. This, it does by the following means:
- Organising Workshops and Lectures periodically to create awareness about entrepreneurship.
- Functioning as a guide for students with creativeCreativityCreativity refers to the phenomenon whereby a person creates something new that has some kind of value. What counts as "new" may be in reference to the individual creator, or to the society or domain within which the novelty occurs...
ideas which can be transformed into successful companies. - Providing MentorshipMentorshipMentorship refers to a personal developmental relationship in which a more experienced or more knowledgeable person helps a less experienced or less knowledgeable person....
through individuals for students launching their start-ups.
History
E-Cell was formed in 2006, from the Students Chapter of TIETS (Technology Incubation and Entrepreneurial Training Society), a body under SRIC (Sponsored Research and Industrial Consultancy), IIT Kharagpur, by the efforts of some enterprising students. The first ever edition of its flagshipFlagship
A flagship is a vessel used by the commanding officer of a group of naval ships, reflecting the custom of its commander, characteristically a flag officer, flying a distinguishing flag...
event, the Global Entrepreneurship Summit (GES) was held in 2007 (then known as Entrepreneurship Summit or E-Summit), while that of its Nation-wide drive, Entrepreneurship Awareness Drive (EAD) was organized in 2009.
E-Cell today has more than 50 members from within IIT Kharagpur, and several more outreach members from various other colleges in the city.
Activities
E-Cell conducts a myriadMyriad
Myriad , "numberlesscountless, infinite", is a classical Greek word for the number 10,000. In modern English, the word refers to an unspecified large quantity.-History and usage:...
of activities throughout the year, for the benefit of students within IIT Kharagpur as well as those in other colleges throughout India.
Global Entrepreneurship Summit
Global Entrepreneurship Summit (GES) is the flagship event of E-Cell, which is organized during the second weekend of January.First held in 2005, by the then TIETS-Student Chapter, with just one in-house competition, viz. Concipio, it grew on to become a full-fledged Entrepreneurship Summit in 2007 to the Global Entrepreneurship Summit in 2010, attracting participation from different countries like Singapore, Germany, the United States of America and Japan.
It is a platform where entrepreneurial minds throughout the world meet, where inspired by old ideas, new ones arise and where these ideas are put to test. It is a get-together of motivated students, aspiring entrepreneurs as well as established professionals, who meet under various formal and informal sessions, which include Guest Lectures, Workshops, Conferences such as Venture Capitalist Conference, Global Entrepreneurship Conference , etc.
Global Entrepreneurship Conference
With the advent of new technologies and the world wide webWorld Wide Web
The World Wide Web is a system of interlinked hypertext documents accessed via the Internet...
, the world has become a small place to live in, and boundaries are political than physical. Hence, development taking place in one country of the world seldom fails to have an effect in another. With this in mind, E-Cell hosts the Global Entrepreneurship Conference (GEC), in which organizations from across the Globe participate and, through Video Conferencing discuss the entrepreneurial ecosystem prevailing in their respective countries and try to gather the best of that taking place in different countries. This conference is represented by a panel from each of the organizations, and is screened to the audience at IIT Kharagpur. The participating institutions include Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
and Illinois Institute of Technology
Illinois Institute of Technology
Illinois Institute of Technology, commonly called Illinois Tech or IIT, is a private Ph.D.-granting university located in Chicago, Illinois, with programs in engineering, science, psychology, architecture, business, communications, industrial technology, information technology, design, and law...
, United States of America; Oxford Entrepreneurs, England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
; Industrial Development Authortiy, Ireland
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...
; National University of Singapore
National University of Singapore
The National University of Singapore is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered....
, Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
; Ludwig-Maximilians-Universität, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
; TiE Japan.
Startup Fair
Startup Fair is a platform which involves interaction of Entrepreneurs and students and aims to help Start up to recruit the finest talent for internships/jobs. Besides, due to the presence of a large number of Venture Capitalists in the GES, it is also an opportunity for the Startups to showcase their growth to the VCs and apply for their funding.Entrepreneurship Awareness Drive
Held in September–October of every year, Entrepreneurship Awareness Drive (EAD) is an initiative by E-Cell to promote entrepreneurship and encourage students from across India to embrace the concept of starting one's own enterprise. It comprises a series of Guest Lectures, termed Entrepreneurship Awareness Camps (EACs) in cities throughout India in a span of 10 days, each hosted in a reputed college of the respective cities. Each EAC includes a successful entrepreneur speaking about their entrepreneurial experiences and the joys and hardships of their journey to success. The speakers in EAD 2009 consisted of personalities of the likes of K.D. Singh of Alchemist Group, Arbind SinghArbind Singh
Arbind Singh is an Indian social activist. He founded Nidan, a non profit organisation for informal labor. It operates in Bihar, Uttar Pradesh and Rajasthan. He greatly improved the bargaining power of the street vendors with the state governments....
of Nidan (Social Entrepreneur of the year 2008), Gerard J. Rego of Vayugrid Inc., Murugavel Janakiraman of Bharatmatrimony.com and Vasant Subramanian, the then President of TiE, Kolkata Chapter.
Competitions
E-Cell conducts 6 major competitions, the winners of which are provided with the resources which they will require to develop their ideas into a company, viz., Incubation, Mentorship and Financing. The final judging round of all competitions is doen during the Global Entrepreneurship Summit.Concipio
Concipio is the annual in-house Business PlanBusiness plan
A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals....
competition organised by the Entrepreneurship Cell, IIT Kharagpur. The competition promises to bring about a fruitful transition in the regular placement culture of the institute with the introduction of Entrepreneurial avenues to the students. The competition is aimed to transform the raw ideas that are born in the institute into full fledged business models.
Envision
Envision is a Product designProduct design
-Introduction:Product design is the process of creating a new product to be sold by a business or enterprise to its customers. It is concerned with the efficient and effective generation and development of ideas through a process that leads to new products.Product designers conceptualize and...
competition organized by the Entrepreneurship Cell, IIT Kharagpur. It caters to those visionaries who have it in them to impact our present, and revolutionize our future. The aim of this competition is to provide an arena where the next generation of block-buster products can be showcased and to provide a platform for the winners to take their idea to the next level. With the assistance of the TePP, feasible products can get up to 30 lacs wotrh of funding and mentorship.
Pensez
Pensez is the annual Case Study Competition organised by the Entrepreneurship Cell. The problem statements are designed to inculcate an innovative strategy of analysing phenomena relating to entrepreneurship in general. It includes Sociological, Industrial and Technological aspects designed to focus on certain trends and issues in entrepreneurial spheres.Eclairez
Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry.Eclairez is a Social Entrepreneurship Challenge aimed towards those individuals who have the gumption to empower those at the bottom of the pyramid as well as earn profits for themselves while doing so. This competition aims at the amalgamation of students, NGOs, incubators, social entrepreneurs, venture-capitalists and corporations to develop and encourage the spirit of Social entrepreneurship
Social entrepreneurship
Social entrepreneurship is the work of social entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, create and manage a venture to achieve social change . While a business entrepreneur typically measures performance in profit and return, a...
. It is a platform for Social entrepreneurs to showcase their innovative solutions to society's most pressing social problems.
CleanTech Challenge
Cleantech Challenge is a Clean TechnologyClean technology
Clean technology includes recycling, renewable energy , information technology, green transportation, electric motors, green chemistry, lighting, Greywater, and many other appliances that are now more energy efficient. It is a means to create electricity and fuels, with a smaller environmental...
-oriented Business Plan
Business plan
A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals....
competition organized by E-Cell. Its uniqueness lies in the fact that it is the first of its kind in India. Clean Technology
Clean technology
Clean technology includes recycling, renewable energy , information technology, green transportation, electric motors, green chemistry, lighting, Greywater, and many other appliances that are now more energy efficient. It is a means to create electricity and fuels, with a smaller environmental...
or "Cleantech" is a term used to describe companies and business models that use innovative technology to create economically viable products and services that offer competitive returns for investors and customers, while providing solutions to global problems. It refers to products and services that improve operational performance, productivity or efficiency while reducing costs, inputs, energy consumption, waste or pollution. They are expected to help our society move away from a dependence on non-renewable fuels and foster a healthy natural environment.
Negocio
Negocio is a web and mobile applications based b-plan competition organized by the Entrepreneurship Cell, IIT Kharagpur. The competition promises to bring out new ideas and formulate revolutionary revenue models in the Web and Mobile Apps Spectra which are yet to be ventured.Guest Lectures
Genius is 99 percent perspiration and 1 percent inspiration.E-Cell addresses the latter through the various Guest Lectures which are conducted as part of GES. Talks by various authorities on entrepreneurship are conducted, as they serve as motivation as well as guide-posts for aspiring entrepreneurs. Some of the speakers in this platform include :
Arjun Malhotra
Arjun Malhotra
Arjun Malhotra is an Indian businessman who co-founded HCL Technologies with Shiv Nadar in 1976. He is an alumnus of St. Xavier's College, Calcutta and the Indian Institute of Technology, Kharagpur. He also attended the The Doon School in Dehradun and St. Columba's School in New Delhi. He founded...
Co-founder, HCL Technologies
HCL Technologies
HCL Technologies Limited is a leading global IT services company headquartered in Noida, India. It is primarily engaged in providing a range of software services, business process outsourcing and infrastructure services. HCL Technologies is fourth largest IT company in India and is ranked 48 in...
and Chairman, Headstrong
Headstrong
Headstrong can refer to:*Headstrong , a Canadian hard rock band**Headstrong , the self-titled debut album by Headstrong*Headstrong , the debut album by Ashley Tisdale...
;
Vinod Dham
Vinod Dham
Vinod Dham is an Inventor, Entrepreneur and Venture Capitalist. He is popularly known as the Father of the Pentium chip. for his contribution to the development of highly successful Pentium Processors from Intel...
, Inventor of the Pentium
Pentium
The original Pentium microprocessor was introduced on March 22, 1993. Its microarchitecture, deemed P5, was Intel's fifth-generation and first superscalar x86 microarchitecture. As a direct extension of the 80486 architecture, it included dual integer pipelines, a faster FPU, wider data bus,...
Chip
Chip
- Food :* Potato chips , a snack food made from potatoes, also known as crisps in the UK and some other English-speaking countries...
(Father of Pentium Chip);
Sanjeev Bhikchandani, Founder, Naukri.com;
K.D. Singh, Founder, Alchemist Group;
Sunil Handa, Serial entrepreneur, Faculty, IIM Ahmedabad and Management Guru;
Padma Shri
Padma Shri
Padma Shri is the fourth highest civilian award in the Republic of India, after the Bharat Ratna, the Padma Vibhushan and the Padma Bhushan...
Anil Gupta Faculty, IIM Ahmedabad, Padma Shri
Padma Shri
Padma Shri is the fourth highest civilian award in the Republic of India, after the Bharat Ratna, the Padma Vibhushan and the Padma Bhushan...
Awardee (for distinguished achievements in the field of management education);
Sramana Mitra Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
Columnist and Strategic Consultant;
Dominique Trempont Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
, 3Com, Finisar, Energy Recovery Inc., associated with Steve Jobs
Steve Jobs
Steven Paul Jobs was an American businessman and inventor widely recognized as a charismatic pioneer of the personal computer revolution. He was co-founder, chairman, and chief executive officer of Apple Inc...
as CFO of NeXT;
Anand Sen, Vice-President, Tata Steel
Tata Steel
Tata Steel is a multinational steel company headquartered in Jamshedpur, India and part of Tata Group. It is the world's seventh-largest steel company, with an annual crude steel capacity of 31 million tonnes, and the largest private-sector steel company in India measured by domestic production...
;
Rashmi Bansal
Rashmi Bansal
Rashmi Bansal is a writer, entrepreneur and a self-proclaimed youth expert. She is the author of two bestselling books on entrepreneurship - Stay Hungry Stay Foolish and Connect the Dots....
, Writer of books such as Stay Hungry Stay Foolish.
Workshops
Workshops tend to have a large impact on the task encouraging the spirit of entrepreneurship in young minds. These workshops focus on a wide variety of topics and aim at building a broader understanding of new forms of innovation and analysing the key challenges posed to entrepreneurs.They typically address some of the critical issues faced by entrepreneurs like Business-plan writing and funding one’s own venture. Other technical and non-technical areas like Risk ManagementRisk management
Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities...
, Financial Analysis
Financial analysis
Financial analysis refers to an assessment of the viability, stability and profitability of a business, sub-business or project....
, opportunities of innovation and entrepreneurship available in certain sectors, are also taken up. These workshops are conducted annually by organizations like Intel, Novell
Novell
Novell, Inc. is a multinational software and services company. It is a wholly owned subsidiary of The Attachmate Group. It specializes in network operating systems, such as Novell NetWare; systems management solutions, such as Novell ZENworks; and collaboration solutions, such as Novell Groupwise...
, CII
CII
CII may stand for:* George M. Low Center for Industrial Innovation, a research center at Rensselaer Polytechnic Institute* The Confederation of Indian Industry* The Construction Industry Institute* Drug Schedule for the Controlled Substances Act....
-Sorabhji Godrej
Godrej
Godrej may refer to:* Godrej family, a wealthy business family in India* Godrej Group, a group of companies founded by the Godrej family* Godrej Infotech Ltd, a group company of Godrej Group* Godrej Industries Ltd, a group company of Godrej Group...
, Seeders, Wipro
Wipro
Wipro Limited formally Western India Products Limited is a global IT services and consulting company headquartered in Bangalore, India. As of 2011, Wipro is the second largest IT services company by turnover in India and employs more than 120,000 people worldwide as of March 2011...
(WiCamp) etc.
Knowledge Camp
Knowledge Camp is held annually within the Institute and aims at encouraging students to interact among themselves regarding new emergent technologies and business issues like alternate energy, finance, carbon trading etc. The topics chosen are from those in which there is active research with applications in industry and at the same time general enough to invoke interest.A typical Knowledge Camp session would begin with the introduction of the topic, declared well in advance, followed by presentations by speakers. Every member is by default invited to make presentations, with the liberty of content and duration. While the delivery is on, the topic is open to the house for questions and to add to any of the subtopics covered. Although they need not be after rigorous research or core calculations, such content is more than welcome. A reliable source is acceptable for discussions as well as presentations.
It provides a learning platform for students from all disciplines and areas irrespective of their year of study. Presenters include students and research scholars presently working in the fields.
Fund-a-KGPian
Alumni of IIT Kharagpur are a very important source of funds for development projects within the Institute. Taking this into account, E-Cell has a unique programme by which it recommends to the alumni network, certain good ideas that students of the institute have come up with. These entries are then scrutinized by the respective alumni, who then help finance or mentor these ideas, as they develop into a full-grown company.Innovation Platform
Innovation Platform (IP) is a platform provided by E-Cell for those students interested in starting-up. Entrepreneurial ideas are invited from the First Year students of the Institute, and the best among these, selected by professors, are then provided with funding by TIETS and mentoring by the professors. This takes place alongside the regular academic course, so that when the students leave the Institute at the end of their fourth- or fifth- year, as the case may be, their idea grows into a company that can face the stiff competition in the real world. Some of these ideas, related to product designing have been awarded the coveted Kishore Vaigyanik Protsahan Yojana (KVPY) scholarship, offered by the Government of India.School of Engineering Entrepreneurship
The School of Engineering Entrepreneurship (SoEE), IIT Kharagpur was started in the year 2010, largely due to the efforts of E-Cell. This is the first school in India, which imparts entrepreneurial education at college level. Students of IIT Kharagpur have the option to take up the M.S. course offered by SoEE, alongside their regular B.Tech course, and upon successful completion of the both the courses, are awarded a Dual Degree (B.Tech.+M.S.).Under this course, students have subjects which, unlike MBA courses that deal with corporate management, help them in the specific task of management within a startup, which is quite different from the former. In the fifth-year, students are provided with funding up to Rs. 1 Lakh and also mentoring and incubation to enable them to develop their own company.
Deferred Placement Programme
Deferred Placement Programme (DPP) acts as a cushion to those who want to pursue with their entrepreneurial idea after completion of their study in the Institute. Under this programme, if the student does not wish to take up a campus placement offer, he/she can pursue with their startup, and if, after a period of one year, they wish again to take up a job, may attend the campus-interviews in the year subsequent to that of their passing out.IIT-Kharagpur is the first institute to offer this programme at Undergraduate-level.
Kairos Society
The Kairos SocietyKairos Society
The Kairos Society is an international student run organization of entrepreneurs and innovators from the top universities around the world. Founded by entrepreneur Ankur Jain at the Wharton School of the University of Pennsylvania, the organization supports programs at over 40 universities in 14...
, a US-based not-for-profit student-run organization organizes an annual Summit on Entrepreneurship. In the 2010 edition of this summit, the Indian team consisted of four members from E-Cell. Furthermore, the delegation was formally endorsed by Mr. Sashi Tharoor personally.