AVANTI FELLOWS TANUJ Jhunjhunwala TANAY Chourasia.

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Presentation transcript:

AVANTI FELLOWS TANUJ Jhunjhunwala TANAY Chourasia

About Avanti Fellows Avanti Fellows is a social enterprise which provides mentorship and coaching for financially weak but meritorious high school students to crack entrance exams of prestigious institutes for undergraduate studies. Predominantly student-run organisation. Currently working with over 150 student volunteers across 7 cities. Over 3000 students from 400 schools across India took their selection test this year.

About Avanti Fellows A Pan IIT Alumni India Initiative Founded in March 2010 Largest organisation of their kind in India An adaptation of online mentoring programs in the USA Winner at Stanford Social E-Challenge 2010 ($100,000)

Vision & Mission Vision – “All bright and motivated students from low income homes should have access to a top quality undergraduate education and the means to utilize this education to their greatest potential.” Mission – “We identify bright and motivated high school students and help them gain admission to and succeed at premier universities by providing them access to training, mentoring and financial aid.”

Value to Intended Beneficiary Motivation, encouragement, knowledge, resources Mentors guide Fellows through high school and preparation for entrance exams – acting as guides, friends and role models Coaching is provided through collaborations with top coaching institutes in various cities Fellows have access to a Book Bank consisting of textbooks / notes / question papers given by IIT students

Selection Procedure Giving short introductory lectures in Schools Increasing awareness about colleges in India Application Aptitude Test Criteria: Financially Weak Reach out to homes

Mentorship Process Partnering with coaching institutions One mentor is appointed to one fellow The mentor motivates and encourage the fellows Mentors solve their doubts, concerns from parents Bi-weekly test (PCM) to track progress, improvement Not only for entrance exams but for high school studies also

President (Co-Founder) CEO (Co-Founder) Director (Business Development) Director (Operations) Institute Core MentorsManagers MentorshipCommunications Hierarchy

Krishna On the cover page of Outlook Magazine (1 st from right)

Established Geography IIT Mumbai Delhi Madras Roorkee Kanpur JNV Puducherry Dehradun Expanding to Maharashtra CET colleges, Delhi Technical University and other Tier-2 colleges.

Economic Model Initial angel funding by a Mumbai based businessman Amal Parekh (Founder, Om Stock Brokerage) Donations from other sources 50% Tax Benefit on donation PROFIT DONATION HYBRID SPECTRUM

Knowledge Mentorship Transactions Mentors Avanti Fellows Donor Coaching Institutions Fellows (IB) Seats Publicity Satisfaction Results/Publicity Knowledge Opportunity Resources Funds

SWOT Analysis OpportunityExploreExploit ThreatEscapeEngage WeakStrong

Resources Human Resource Knowledge, Experience, Self-motivation of mentors Finance Through donors Technology and Infrastructure Physical infrastructure required for conducting sessions and exams Organisation & Management Corporate team, Core team, Managers and Mentors Networks and Relations Relations with Schools and Coaching Institutes Networks such as Facebook

Challenges Faced Language Motivational Dropout Costs Mentorship during vacations

Prognosis Converting to a slightly profit oriented financial structure Started a Fixed Deposit with the first corpus donation Expansion to other streams such as Medical etc. Expansion to 2 nd Tier colleges such as Delhi Technical University, VJTI Mumbai Growth in the number of fellows To improve the selection procedure

Acknowledgements Mr. Naga Reddy, Director (Operations) Adhiraj Alai (Avanti Core Team, Chennai Chapter) Soham Chokshi (Mentorship Manager, Chennai Chapter) Aniruddh Padia (Mentorship Manager, Puducherry Chapter)

THANK YOU