- INR 30 lakhs and industry mentorship for top 3 ideas
- Students aged 16-18 years with any academic background are eligible to participate
Atria University, an upcoming University backed by South-India based business conglomerate – Atria Group, has launched India’s first Venture Capital Fund Competition for students aged between 16-18 years. The competition, open to students from any academic background, is a rare platform for young, aspiring entrepreneurs to pitch innovative business solutions. The solutions can be in any of the 5 emerging disciplines: Digital Transformation, Energy Sciences, Interactive Technologies, Mobility, and Sustainable Life Sciences.
Top 3 entries will get mentorship from industry experts, an induction into Atria University’s Business Incubation Center (ABiC), as well as a cumulative initial commitment of 30 lakhs.
Shortlisted participants will get an opportunity to present ideas to a world-class panel comprising academic and business leaders. Panelists include:
- Ajit Kumar, Country Leader, Deloitte Digital India
- Dr. Arjendu Patnaik, Professor of Physics & Former Department Chair, Carleton College
- Jose Estabil, Trustee Emeritus (Sc. B., Sc. M.), Brown University, and Former Director, Entrepreneurship and Innovation at MIT
- Sameer Brij Verma, Managing Director, Nexus Venture Partners
In addition to the VC fund commitment, the best ideas will get support from a fully functional incubation center – ABiC – that will help with all areas including design, prototype, and market launch.
Commenting on the initiative, Shaheem Rahiman, Chief Executive Officer at Atria University said,” A new world order is being shaped by technology, design, and innovation today. We want to nurture the next generation to survive, thrive, and find meaning in the new world. At Atria University, students get to craft their unique career pathways while experiencing global, industry-driven learning in a way that puts the students at the center. Innovation and entrepreneurship are core to every Atria University graduate. The Student Venture Fund Competition shows our commitment to invest and nurture future leaders. We are excited to host this unique competition and welcome the groundbreaking ideas that young minds have to offer. With this competition, we aim to provide an exclusive opportunity for students to address and solve the challenges in their surrounding environment and help realize their true potential.”
The Venture Capital Fund Competition 2020 will accept submissions until May 17th, 2020. Shortlisted finalists will be announced on May 22nd, 2020. After a presentation to an eclectic group of panelists from academia and industry, the winners will be announced on May 31st, 2020. Students can know more about the competition and submit their ideas here.
This competition serves as a precursor to Atria University’s unique approach to hands-on learning with practical training and real-life exposure. With a comprehensive course structure that revolves around project-based, sprint style, and hands-on learning pathways, interdisciplinary majors and projects, and peer-to-peer appraisal. To guide students along on their distinctive journey, the academic team at Atria University consists of a curated ensemble of globally renowned, eminent leaders from reputed institutions to offer the perfect academic and industry support for the students’ chosen area of study.
