Program for transforming perspectives and equipping Skills for Entrepreneurial Success.
The I-NITIATE program is a transformative 2-week immersion that aims to develop entrepreneurial thinking amongst academic faculty, researchers, and students and improve their business acumen. The I-NITIATE program addresses a critical lacuna in the university startup ecosystem: many students and researchers think they are ready to launch a startup based on academic research or a brilliant idea without addressing their readiness and capabilities to become founders or understanding the market.
Our mission is to orient academics to start thinking about how they should view the world without being biased by their innovation/ technology and develop the capabilities required for launching a startup in a highly competitive business environment. The Program seeks to transform the fundamental approach and thinking processes of faculty, researchers, and students towards innovation by nudging them to explore their core motivations and fears, assess their readiness to take risks, and develop critical business understanding to make informed decisions about entrepreneurship.
I-NITIATE aims to transform participants’ fundamental thought processes and mental makeup through its pedagogical approach, fast pace, and immersive methodology. To achieve this, the program focuses on:
This 2-week program is designed for an immersive and engaging experience, structured as follows:
Kick off with a 2.5 to 3-hour online session to set the stage and introduce key concepts.
Three days of hands-on workshops, each lasting 8 to 9 hours, where you’ll start applying your new insights.
A 4-hour webinar at the beginning of Week Two to deepen your understanding and tackle advanced topics.
Benefit from two or three online office hours per team, approximately 1 hour each, to receive personalized guidance and support.
A 4-hour in-person workshop on the final day to consolidate your learning and plan your next steps.
All participants (who intend to become founders of a prospective startup, including academic researchers intimately involved in the startup’s technology) should attend all the sessions and be actively engaged throughout the program. The ask is to commit 50% of your working hours for 15 days.
The I-NITIATE program is more about developing oneself as an entrepreneur than creating a startup from one’s idea/innovation
At the end of the program, the participants will have acquired the necessary critical thinking skills to :