IDEA/OPPORTUNITY VALIDATION BOOTCAMP

The bootcamp aims to provide participants with a comprehensive understanding of the idea validation process, which is crucial for any startup or business concept. Through a series of interactive sessions, case studies, and hands-on exercises, participants will learn how to identify and validate their target customers. They will also understand their needs and pain points, developing a value proposition that addresses these needs.

Program Summary: 

The Idea Validation Bootcamps, organized by the Centre for Innovation and Entrepreneurship (CIE) at the International Institute of Information Technology, Hyderabad (IIITH), are tailored for early-stage startups, aspiring entrepreneurs, professionals with innovative ideas, and corporate entities seeking to explore new products.

Key Learning Areas:

• Ideas and Opportunities
• Customer Discovery
• Opportunity Validation
• Value Proposition
• Customer Segments and Channels
• Revenue & Value Models
• Business Model Canvas
• Crafting a Professional Pitch Deck
• Expert Review of Business Model Canvas and Pitch Deck by Mentors

Benefits of the program:

• An opportunity to get incubated at CIE for 3 months (only to the top selected idea).
• Get mentoring support for 3 months.
• An opportunity to get connected with entrepreneurs from various industries who will share insights drawn on their experiences.
• Relevant handouts to entrepreneurs to enable them to become effective entrepreneurial leaders.
• Interactions with young and successful entrepreneurs.
• Gateway to get into Entrepreneurship in Residence Program by IIIT Hyderabad.

Target Audience: 

• Early-Stage Startups
• Budding Entrepreneurs
• Professionals with a startup idea and
• Corporates exploring new products.

Number of Mentors and Schedule:

There would be 3 Mentors: One is an Investor, One is a Founder, One are IIITH Faculty Members & One Facilitator.

Program Structure:

SESSION 1: Introduction

SESSION 2: What’s the Idea & the Solution: Addressing the Problem (What, Who & Why)

SESSION 3: Understanding Customers: Customer Segments/Demographics

SESSION 4: Building a Revenue Model & Growth Financing

SESSION 5: Go-to-Market Strategy

SESSION 6: Business Plan & Pitch Deck / Conclusions