Pune based Flame University has launched the Centre for Entrepreneurship and Innovation to support high potential early-stage startups through a structured and personalized mentoring program. FCEI (FLAME Centre for Entrepreneurship and Innovation) will be led by Mr Darshan Doshi, who joins as the director of FCEI.
FLAME Origins Program, one of the initiatives under FCEI is an intense 5-month program which will set startups on a growth path. About 10-15 startups will be selected to participate in the equity-free no-cost FLAME Origins Program. Although the program participation is free of cost, FCEI requires entrepreneurs to work full time on their startups. The FCEI team will work closely with the participants to ensure that they can maximize value from the program. They will connect entrepreneurs to business mentors, subject matter experts, prospective customers and investors throughout the duration of the program.
The program will help selected entrepreneurs achieve traction, gain strategic and functional guidance, gain access to customers, partners, investors and to events and resources which will help them grow their businesses. The program comes with a plethora of benefits for the startup founders such as – access to world-class facilities including a co-working space, FLAME library resources, a pool of advisors, business traction and product workshops, cash flow management, developing and testing go-to-market strategy, fundraising and actionable next steps for growth.
Advisors associated with Flame University may bring experience, expertise and industry connections to help startups identify and solve problems and reach the next stage of growth. Furthermore, FCEI will organize startup competitions to bring together entrepreneurs, investors, students and corporations.
We believe it will take an ‘Entrepreneurial Village’ to raise successful startups. By launching the FCEI, we are building on our existing partnerships like Babson Collaborative (USA), to create a strong foundation for entrepreneurship at FLAME University. – Darshan Doshi, Director, FCEI.
The startups for the program will be selected through a competitive model wherein prospective startups can submit an online application and shortlisted startups will go through two rounds of selection process. The applications are open and startups can apply by visiting – https://www.flame.edu.in/research/centres/centre-for-entrepreneurship-innovation/the-application-process
Source – Press Release.