FOR NY AREA ALUMNI
Its time for another exciting event and a chance to get together before we go off on vacations.
Most of us know Prof Rakesh Basant from our days at IIMA. Over the last few years, he has been closely involved with a new initiative at IIMA: CIIE.
Prof. Rakesh Basant, Chairperson of CIIE and Professor of Economics at IIM Ahmedabad, and Shashank Rastogi, PGP 2005 who is part of CIIE team, are going to be in New York to explore possibilities of greater alumni engagement with CIIE and IIMA.
We will meet over coffee / drinks somewhere in midtown from 6:00 PM onwards. We will hear from Prof. Basant about CIIE and happenings at the institute.
Look forward to meeting all of you. Please register by clicking on the link . We will finalize a venue within this week, we will meet somewhere in midtown Manhattan.
More information and online registration: please see link below.
IIMA Alumni USA Team
Centre for Innovation Incubation and Entrepreneurship (CIIE), the business incubator at IIM Ahmedabad is one of the leading incubator and accelerator in India. In the last four years, it has accelerated the growth of high potential start-ups in clean technology, social entrepreneurship and IT and mobile sector. It also enjoys the leadership position in start-up ecosystem development, having created innovative initiatives like mentoredge (India’s leading start-up mentoring network), The Power of Ideas and accelerators such as Tech4Impact, Powerstart and iAccelerator.
CIIE accelerates the growth of start-ups by providing seed funding, strategic advice, mentoring and handholding. It also leverages its relationships with mentors, sector experts and service providers to provide best in class guidance to the companies.
CIIE has invested in more than 80 companies, which have grown on to a combined annual revenue of INR 200 Crore, creating more than 1400 jobs and have attracted significant investments from subsequent investors. CIIE’s investments have been leveraged 12 times over with leading VC funds like IDG, Accel Partners, IFC etc investing in its portfolio. In 2011 CIIE launched first Public-Private-Academia partnership venture fund – Indian fund for Sustainable Energy (INFUSE) focusing on Cleantech, and is now in process of creating similar seed fund for Social Enterprise Support.