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IDE Bootcamp 2024 at Lucknow

Our students at Asian School of Business successfully participated in the 2nd Edition of the Innovation, Design, and Entrepreneurship (IDE) Bootcamps, an initiative by the All India Council for Technical Education (AICTE) and the Ministry of Education’s Innovation Cell (MIC). This prestigious bootcamp, held from September 23rd to 27th, 2024 at Integral University, Lucknow, provided our students with a transformative experience, where they ignited their entrepreneurial spirit and refined their innovative ideas.

This bootcamp is aimed at empowering the next generation of innovators and entrepreneurs. It offered students a unique opportunity to engage in five days of hands-on learning, focusing on critical entrepreneurial skills such as design thinking, business modeling, financial planning, and enterprise strategy.

List of selected students for the five-day bootcamp-

Enrolment Number Program Student Name
ASB/BBA/22/080 BBA V Manish Kumar
ASB/BBA/22/092 BBA V Pranjal Gupta
ASB/BBA/22/048 BBA V Vansh Gupta
ASB/BCA/22/138 BCA V Aditya Poddar
ASB/BCA/22/043 BCA V Priyanshu Soabhagya
ASB/BBA/23/132 BBA III Harshit Sachdeva
ASB/BBA/23/009 BBA III Ananya Tripathi
ASB/BBA/23/052 BBA III Shubham Roy
ASB/BBA/23/170 BBA III Yashika Jain
ASB/BBA/23/131 BBA III Harsh Singh Baghel
ASB/BBA/23/130 BBA III Harsh Raj
ASB/BBA/23/162 BBA III Snehil Singh Rajput
ASB/BCA/23/141 BBA III Aamaan Khan
ASB/BBA/23/035 BBA III Mohd Adnan
ASB/BBA/23/154 BBA III Sarthak Jain

Sequential Brief of Events-

Day 0: Registration 

The boot camp commenced with a smooth registration process, allowing participants to familiarize themselves with the schedule and network with fellow attendees.

Day 1: Inauguration and Workshops 

Day 1 featured both a central and local inauguration ceremony, setting a collaborative tone for the event. The day included an exhibition showcasing innovative projects and ideas. Participants engaged in two foundational classes on design thinking and problem identification, enhancing their understanding of user-centered approaches. The day concluded with an inspiring guest lecture from a successful startup founder, providing real-world insights into entrepreneurship.

Day 2: Customer Discovery and Business Strategy 

Recapping Day 1, participants delved into the Customer Discovery Lab, focusing on identifying customer segments and building customer personas. This session was crucial for understanding target markets. The day’s curriculum also included navigating entrepreneurial strategies and challenges, as well as crafting unique value propositions to differentiate offerings. A hands-on session on the Lean Canvas provided practical experience in business model development. The day wrapped up with a panel discussion featuring startup founders and incubators, facilitating knowledge sharing and networking.

Day 3: Revenue Models and MVP Prototyping 

After recapping the previous day, participants set clear objectives for Day 3. The informative class on revenue models highlighted their importance and application within startups. A key focus was on prototyping Minimum Viable Products (MVPs) to transform validation into actionable insights. Participants visited an incubator at Integral University, Lucknow, where they interacted with successful startup founders, gaining valuable perspectives on real-world entrepreneurial challenges.

Day 4: Product Design and Financial Literacy 

The day began with a recap of Day 3, followed by an introduction to product design and development, emphasizing alignment with business goals. A session on “Design to Delight” taught participants how to craft user-centric products, followed by a working session where teams designed and presented their product concepts. A guest lecture on Figma usage underscored the importance of design tools in prototyping. The day concluded with a financial literacy session on planning and projecting financials, capped off by a Q&A session that clarified participants’ queries.

Day 5: Innovation and Pitch Presentations 

The final day included a recap of Day 4 and a session on unlocking innovation through commercialization, intellectual property, and funding strategies, led by Mr. Ram Madan Mohan from the UP Government of Entrepreneurship. Participants presented their pitch decks, receiving assessment and insightful feedback from experts. The boot camp concluded with a celebratory lunch and a valedictory session, acknowledging the hard work and achievements of all participants.

Conclusion: –

The bootcamp provided a fully immersive, residential experience where students focused entirely on developing their entrepreneurial vision. This bootcamp has not only enhanced their skills but also provided them with a launchpad for future success in the world of innovation and entrepreneurship.

Certain key Takeaways for Our Students:

Practical Learning: Our students had the opportunity to apply theoretical knowledge in real-world scenarios, sharpening their entrepreneurial skills through experiential learning.

Networking Opportunities: They built lasting connections with like-minded peers, industry mentors, and potential investors, broadening their professional network.

Idea Pitching: The students showcased their innovative ideas, received critical feedback from seasoned professionals, and gained confidence in pitching their projects to potential investors.

We look forward to their continued growth and achievements as they apply the valuable knowledge gained from this enriching experience.