Objective: The purpose of paper is to acquaint the students with the elements of start ups and its ecosystem to equipt them with the understanding of the startup environment for the development of a business plan.
Course Outcomes: On completion of this paper students will:
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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PAPER CODE |
Paper Title |
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MIV 126 |
Start-up & Start-up Ecosystem |
CO31: have the knowledge of the start - up ecosystem
CO32: Know the parameters to assess opportunities for new business ideas CO 33: Know the parameters to assess constraints for new business ideas CO 34: Design a business model for start up. CO 35: Understand overall feasibility of Idea CO36: Understand various schemes and policies for promoting start ups
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Approach in teaching: Interactive Lectures using whiteboards, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching, Quiz.
Learning activities for the students: Self learning assignments, Effective questions, Solving problems of unsolved questions; Problem based learning-cases, Group learning teamwork.
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Introduction to Start up: Defining start-up, Start- up life cycle. Start-up ideas (i.e. interesting ideas so far, idea-generation tools, where to get inspiration from) Developing the start-up team (i.e. start-up roles, advantages of team diversity, networking) Challenges faced by Start- ups, reasons for the failure of start-ups |
Start-up Ecosystem: Elements of start- up ecosystem; Government, Universities, Incubators, investors Ease of Doing Business: indicators , India and Ease of Doing Business Recent Start-up Policy of India: Important provisions of the policy |
Business Incubation: Definition, services provided by incubators, Incubator Models and Success Factors, Role of Incubators for promoting start-ups, Accelerators vs Incubators, Atal Incubation Centres |
Schemes and Policies for Promoting Startups- Start up India, Stand Up India, Make in India, Atal Innovation Mission (AIM), NewGen IEDC, Single Point registration scheme, Multiple Grant Scheme, Atal tinkering Laboratories Schemes for promoting start-ups in Rajasthan |
Crafting a business model and lean start-ups: Introduction to business model. Value propositions- conventional industry logic, value innovation logic, customer focused innovation; building and analyzing business models, Business model canvas, introduction to lean start - ups and Business Pitching |