IIT Bombay is the Institute which not only creates Best Engineers but has predominantly contributed in the creation of Powai Valley or simply India’s upcoming Silicon Valley. E-Cell has been consistently working in enhancing the entrepreneurial ecosystem both inside and outside IIT Bombay. They aim at encouraging students to rise above the job-centric culture and become frontline entrepreneurs thereby also help the motivated ones by giving them most of the resources they need. E-Cell's main initiatives include:
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Entrepreneurship and Business (EnB) Club: It is the best place to start your entrepreneurial journey. It conducts various types of events like Speaker sessions by eminent personalities, Workshops, Competitions and mentoring events. It also conducts Startup Bootcamp which is a platform to convert your business idea into a start-up.
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Eureka!, the Asia’s largest B-plan Competition: “Archimedes then took to the streets naked, so excited by his discovery that he had forgotten to dress, crying "Eureka!" “ and that’s how excited entrepreneurs are after getting an Idea. This is the Platform where we aim to groom their Idea into Start-ups by providing them with valuable incentives like Consulting, Mentoring and Cash Prizes which are worth INR 5 million.
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The Entrepreneurship Summit, the annual flagship event of E-Cell, is a two-day summit with a vision of creating a synergic environment encompassing Visionary Students, Entrepreneurs, Investors and other corporate people. Ecell's past E- summits were glorified by the presence of big shots like Nandan Nilekani, Sachin Bansal, Allen Mamedy, Kiran Shaw, Adi Godrej, Adil Zainulbhai, Devdutt Patnaik, Jim Beach etc and whose presence will surely evoke an Entrepreneurial spirit in you if it’s not present till now. While working in E-Cell you can get an overview of the Current entrepreneurial ecosystem, get exposure of corporate world, get to network with successful and great entrepreneurs. Also you get an opportunity to acquire leadership, team-work and time-management skills while meeting people having the same entrepreneurial mindset.
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THE TEN MINUTE MILLION: Getting a financial backing is not easy. TTMM is one such competition which cut shorts the process of acquiring funding by giving you an opportunity to pitch your idea in front of the angel investors and seed funders in 10 minutes and win INR 1.5 million.
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THE FREELANCERS AND CO-FOUNDERS PLATFORM: We all know how difficult it is to find the correct set of people who are equally passionate and motivated to align themselves with the set vision of one's venture. That’s where the FCoF steps in. It is a place where we connect the freelancers (students) who are interested in the kind of work that various startups offer.