News HKE Vol. 2, Issue 14 | Page 26

Organized by

Institution's Innovation Council

Hi, I am Narasimha Kulkarni ,

One day Session on PROOF OF CONCEPTS (POC) ORGANIZED BY INSTITUTION’S INNOVATION COUNCIL

As shown in above fig, in the month of march 2019 we Presented our Idea at “Idea Competition”

This was the second stage and was held in the month of July and we attended the REGIONAL

SESSION FOR OUR PROOF OF CONCEPTS (POC) which is of fourth stage. We have now completed the fourth stage and waiting for fifth stage, that is National boot camp & Exhibition.

Fourth stage activity,It was of four phases

Ideation (Activity)

Stimulate idea generation.

Viewing, analyzing and resolving a problem, in a creative and innovative manner.

Venture Opportunity Profiling, Five Industry & Market, Unit Economics Competitive advantage Leadership team & Talent management

Idea Conceptualization elements of a successful business model

Customer value proposition (CVP),

Profit formula,

Key resources,

Key processes

Introduction to Business Model Canvas & Creation of the same for their ideas & one on one POC pitching (3-5 min).

REGIONAL MENTORING SESSION

FOR

Proof Of Concepts (POC)