Press Release: July 04, 2020
SpringUp Capital and IFIM Business School have agreed to work collaboratively to strengthen the start-up ecosystem for PGDM students. The collaboration enables SpringUp to work with the Centre for Excellence of Entrepreneurship Development at IFIM Business School to catch early-stage campus start-ups and mentor them to refine the business idea, “PIVOT” the idea of the early-stage startups to suit market fit, scale these campus start-ups through SpringUp Capital’s accelerator program and help in getting the funding thereby enabling business growth through SpringUp’s accelerator program.
Through this partnership, both the parties are looking at effective and efficient engagement towards strengthening and streamlining innovation and entrepreneurship ecosystem development for campus start-ups and boosting entrepreneurial activity among students at IFIM Business School and in the country in general.
“We are really excited to partner with SpringUp Capital to enable the growth and development of the entrepreneurial ecosystem at IFIM Business School. This will allow us to provide the requisite platform for our students to realize their entrepreneurial ambitions. We really look forward to working with SpringUp and its vast network of mentors and professionals. said Dr. Kamalika, Assistant Professor and Innovation and Entrepreneurship Committee Head at IFIM Business School.
“We are excited about this partnership, as IFIM Business school is one of the premier management institutes in India and has exceptional & experienced faculty and brilliant student community. This partnership allows SpringUp to work with campus start-ups, gives us an opportunity to catch them young and successfully grow with these young start-ups. This is a significant step towards building entrepreneurship at the campus and in the country” said Santosh Kotnis, CEO & Managing Partner, SpringUp Capital. “We intend to extend this collaboration through IFIM’s alumni network and their start-up ecosystem. In addition to this, SpringUp Capital welcomes faculty of IFIM to be part of the advisory board to some of SpringUp’s portfolio thereby building a strong ecosystem” said Mr. Kotnis.
About IFIM Business School: Established in 1995, IFIM Business School, Bangalore, is currently amongst the top 6 Business Schools in India to have been awarded the AACSB accreditation. IFIM is also accredited by National Board of Accreditation (NBA), and South Asian Quality Assurance System (SAQS), and is ISO 9001:2008 certified.
About SpringUp Capital: SpringUp Capital is a Micro-VC fund and Scale-Up Accelerator; focusing on spotting, funding, mentoring and scaling start-ups. Supported by a strong accelerator program, SpringUp enables start-ups across the world to find a market to scale. Spring Up Capital is supported by global investment, global accelerator programs and technology start-up ecosystem, who will enable global technology companies to grow their business by providing expertise, ecosystem and capital for the growth.
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