Comments on: CEDT@Indian Institute of Science (IISc) Bangalore launches business incubator in partnership with HeadStart Foundation http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/ India's leading venture capital and startup blog Fri, 10 Sep 2010 17:47:45 +0000 http://wordpress.org/?v=2.3 By: Kallol Borah http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-318108 Kallol Borah Tue, 12 May 2009 10:15:47 +0000 http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-318108 Sanjay, Avtar : Thank you for your encouragement. I agree that we will need to build 'forward linkages' - in fact, we are already doing that now albeit under the radar. We had 2 sets of presentations made by 4 startups to 2 large tech companies last week itself. And now we are formalising these outreach initiatives - you should see the first of these initiatives in public by the end of this month. They involve agreements between industry and headstart and that has taken time considering how things work within big cos. These initiatives take care of the 'gaps' Avtar refers to. Sanjay, Avtar :
Thank you for your encouragement.
I agree that we will need to build ‘forward linkages’ - in fact, we are already doing that now albeit under the radar. We had 2 sets of presentations made by 4 startups to 2 large tech companies last week itself. And now we are formalising these outreach initiatives - you should see the first of these initiatives in public by the end of this month. They involve agreements between industry and headstart and that has taken time considering how things work within big cos.
These initiatives take care of the ‘gaps’ Avtar refers to.

]]> By: Avtar Singh http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-316438 Avtar Singh Thu, 30 Apr 2009 13:26:28 +0000 http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-316438 This is welcome news, Kallol. Best of luck! I believe one of the main challenges that you will face is identifying the key gaps of your incubatee companies: the gaps that will hinder completion of their product/value proposition, the gaps that will hinder acquisition of their first customers. If you (HeadStart) can rightly identify them and plug them early enough, that would be a great catalytic step for them. In my experience, this is where several incubators/mentors/founders fall short. One feels and starts believing that one has got hold of those gaps but it turns out that the devil lay in further detail. If I can help/contribute in any manner, let me know. Though I must tell you that I am entrepreneur currently in midst of the sea trying to save my ship, and I am very skeptical about angel/venture setups/money. There is no formula... Best wishes. This is welcome news, Kallol. Best of luck!

I believe one of the main challenges that you will face is identifying the key gaps of your incubatee companies: the gaps that will hinder completion of their product/value proposition, the gaps that will hinder acquisition of their first customers. If you (HeadStart) can rightly identify them and plug them early enough, that would be a great catalytic step for them.

In my experience, this is where several incubators/mentors/founders fall short. One feels and starts believing that one has got hold of those gaps but it turns out that the devil lay in further detail.

If I can help/contribute in any manner, let me know. Though I must tell you that I am entrepreneur currently in midst of the sea trying to save my ship, and I am very skeptical about angel/venture setups/money. There is no formula…

Best wishes.

]]> By: Sanjay Bhargava http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-316411 Sanjay Bhargava Thu, 30 Apr 2009 09:19:29 +0000 http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-316411 This is really good news. The challenge in initiatives such as these sometimes is what happens to the incubatee companies after the initial incubation period. I hope you will develop enough forward linkages such that the entrepreneurs in the incubatee companies get a "headstart" towards an eventual exit for some wealth creation through acquisition or an IPO. Initiatives such as yours can help build an ecosystem in India so I wish you a lot of luck. BTW I love your blog! This is really good news.

The challenge in initiatives such as these sometimes is what happens to the incubatee companies after the initial incubation period. I hope you will develop enough forward linkages such that the entrepreneurs in the incubatee companies get a “headstart” towards an eventual exit for some wealth creation through acquisition or an IPO.

Initiatives such as yours can help build an ecosystem in India so I wish you a lot of luck.
BTW I love your blog!

]]> By: Sanjay Bhargava http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-316376 Sanjay Bhargava Thu, 30 Apr 2009 05:40:24 +0000 http://www.venturewoods.org/index.php/2009/04/30/cedtindian-institute-of-science-bangalore-launches-business-incubator-in-partnership-with-headstart-foundation/#comment-316376 This is really good news. The challenge in initiatives such as these sometimes is what happens to the incubatee companies after the initial incubation period. I hope you will develop enough forward linkages such that the entrepreneurs in the incubatee companies get a "headstart" towards an eventual exit for some wealth creation through acquisition or an IPO. Initiatives such as yours can help build an ecosystem in India so I wish you a lot of luck. This is really good news.

The challenge in initiatives such as these sometimes is what happens to the incubatee companies after the initial incubation period. I hope you will develop enough forward linkages such that the entrepreneurs in the incubatee companies get a “headstart” towards an eventual exit for some wealth creation through acquisition or an IPO.

Initiatives such as yours can help build an ecosystem in India so I wish you a lot of luck.

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