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Showing posts with label IIM. Show all posts
Showing posts with label IIM. Show all posts

IIM-A to focus entirely on technical merit

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The incubating wing of the Indian Institute of Management-Ahmedabad is ready to look at innovations, especially in clean energy, to rope in entrepreneurs who are not necessarily from the top institutes of the country, as has been the case so far.

“Till now, we have been working mainly with people from top institutes like IIMs, IITs and the IISc, but there are a lot of indigenous innovations that can be incubated, right down to the mechanic tinkering with bikes in his garage,” said Phanindra P, programme director for Renewable Energy Search programme at the Center for Innovation Incubation and Entrepreneurship (CIIE), which has been helping out business start-ups with management support and guidance, funding and networking.

Phanindra, who recently returned from a month-long tour to five major cities with a team of clean-energy start-ups to meet policy-makers, research scientists, venture capitalists and entrepreneurs who have succeeded in the field, was impressed with the latter group who, he said, started off and succeeded at a time when the term “clean energy” was practically an enigma and no one thought India would run into the present energy crisis.

The team Phanindra travelled with – a group of 19 young entrepreneurs with new business ideas in solar, wind, bio-gas and other clean energy sectors – are currently in various parts of the country on fieldwork, and will return to IIM-A shortly to work out the modalities of finally being “incubated” by CIIE.

They are the first group under the Renewable Energy Search program. It is for the second program, as well as other programs under CIIE, that the center wants to branch out.

Kunal Upadhyay, CIIE’s Chief Executive Officer, said, “We are open to anything. Everything depends on the technical merit and economical viability of the project. It could be from anywhere.”

“If you can produce clean energy at low cost, you don’t have to be from a top college to work with us,” he said.

Delhi girl @ IIM-A gets flu

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AHMEDABAD: An IIM-A student who tested positive for swine flu at Civil Hospital returned to her hometown in Delhi even before the Ahmedabad Municipal Corporation (AMC) health officials could reach her.

The first year management student was taken to the hospital on August 13 as she was running high fever. She tested positive for swine flu, but rushed to Delhi even as AMC officials tried to help her out in the treatment.

The 12 girls who stay in the dorm in which the student was living have been asked to stay isolated.

Meanwhile, AMC officials said, "Before leaving, she did not seek permission of the authorities concerned. Because of this, the possibility of her spreading infection during travel is high.''

Refusing to comment on the matter, the director of the institute said, "AMC authorities have been informed and we have taken all precautionary measures.''