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FTV Startup Hub: Academic Startup Initiative

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Presentation on theme: "FTV Startup Hub: Academic Startup Initiative"— Presentation transcript:

1 FTV Startup Hub: Academic Startup Initiative
Jan 2017

2 Objective: Get Vizag on international FinTech startup map
Challenge: Coming from behind, will need extremely compelling programs to attract startups Objective: Establish Vizag as THE place for FinTech startups Create compelling programs that attract global startups On lines of StartupChile: Funds. Infra. Quality mentoring Backed by a wide and broad international campaign International & national campaigns. Attract from outside. Seed locally. Culminating at the Oct FTV FinTech Conf

3 Global Startup Hub @ FTV Towers
ACADEMIC STARTUPS IS A KEY PART OF THIS Fintech Corp Innovation (FTV Floor 0) Innovation Corp Innovation Hub Startup Programs Accelerators Knowledge Hub Fintech Univ (interns/hackers) / Cetrifications/Tools Facilitation 3rd Patry SIs GIC COEs (Blockchain..)

4 College Startups.. Enablers & constraints
Intellectual City Strong Academic institutions Very excitable youth Good combination of tech (AU,..) and business (IIM-V, Gitam) Emerging FinTech Valley with lot o finterest from BFSI companies Solid state support. Specific focus on blockchain, cybersecurity & FinTech innovation Incumbent industry very small Weak base of working professionals Not sufficient established financial sector institutions Experienced knowledge on FinTech/BFSI maybe low Very nascent startup ecosystem. No recognition outside of Vizag Mitigating Approach: Accelerate the process of creating knowledge hub. Aggressive new startup seeding efforts. Create a compelling funding/mentor ecosystem to attract startups from outside Vizag.

5 Create an Aspirational program
Knolwedge hub FinTech COE in IIM-V/AU/Other Emerging FinTech workshops (international formats: SingaporeFinTechFestival or MIT-FinTech Idea Seeding College workshops & hackathon series Summer idea prototyping (attract students/young professionals nationally) Assured seedfund grants & mentoring; post summer prototyping International grade FinTech accelerators DBS++ FinTech accelerator IIM-V, AU, Gitam . Startup Sandbox (attract) 1-2 month intense FinTech startup acceleration/global-support program A program mooted & supported by state (on lines of StartupChile) Annual FinTech innovation conf/showcase National showcase. International presence FinTech trends conference Youth angle thru Under25

6 The Program:FTV Student Startup Challenge (10Lac) knowledge workshops, Idea Seeding, Innovation mindset, build a product, start up Central: idea validation & Prototyping Seeding FTV: Startup seeding & Acceleration Summer prototyping workshop (5 week) Mentoring post workshop Fintech knowledge workshops College Hackathon Central hackathon Selected prototypes, taken into accelerator College level: Tech & Ideation 3 level enablement. In a series.. OCT FTV FinTech SUMMIT FTV Student (10lac) Challenge

7 Summer challenge-workshop
The Program:FTV Student Startup Challenge (10Lac) Phased activities- leading to student startup Talks Blockchain/ howto workshops Talks & idea discussion college College hackathon (1st round) Winners go to main challenge-hackathon Induce - hackathons Ideation workshop Followed by 2 day challenge-hackathon Winners will go to summer workshop FTV Hackathon 5 week product prototyping Product biz/ entrepreneurship sessions Prototype building help Pitch workshops Summer challenge-workshop Top 5 will be given 3 months pre-startup mentoring Demo at FTV Summit 10lac challenge winner announced FTV Summit- demo

8 The Program:FTV Student Startup Challenge (10Lac) The Patrners & stakeholders
Incubator Knowledge partner IIITH Inst of Entrepreneurship FinTech incubators AU Gayatri Gitam engg GISB IIM-V Startup Seeding hackathons Onboard a nodal agency (AU/IIMV?) Awareness of emerging FinTech Workshops and hackathons Startup prototyping Startup support ecosystem? FTVA, Corporate Inubators, Global accelerators Partners Nasscom 10K Inst of Entreprenuership Hackmania (hackathon)

9 Finalise overall plan (based on univ/college inputs)
The Program:FTV Student Startup Challenge (10Lac) The timelines, & next steps Next Steps Finalise overall plan (based on univ/college inputs) Start the 3-5 FTV Incubators Launch college activities (workshops, hackathons..) Jan Concept & plan Kickoff mtg. Line up partners Announce FTV Student Challenge (10lac) program Feb Start FTV colleges First workshops held. Ending with idea brainstorming Mar College hackathon (winning teams go to main challenge-hackathon) Idea workshop & challenge-hackathon Apr Winning finalist teams announced Prep workshop for summer May Summer workshop commences Jun Workshop sessions & biz mentoring Prototype building Jul Final pitches. Winning 5 selected Aug Groom the winning 5 ideas Better prototypes & demos Sep Pitch preparations Oct FTV Summit 10L challenge winner announced Nov Continue mentoring and incorporation Dec Startup launched

10 COMMENTS? VIZAG AS FINNOVATION CAPITAL International Financial Centers
London / New York City / Singapore / Hong Kong / Tokyo / San Francisco / Boston / Chicago / Zurich / Washington D.C. Global Fintech Regions Confluence of Game Changers Companies / Innovators / Knowledge


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