As the word ‘Entrepreneur’ implies, Entrepreneurship Cell puts the interests of the society in front of the interests of its members, and seeks to create wealth for a wider and broader spectrum of stakeholders.

Entrepreneurship Cell of IIM Indore also known as E-cell is committed to encouraging, motivating and crystallizing new and innovative ideas from the campus. The primary motive for the existence of E-cell is to motivate participants towards the path of entrepreneurship by facilitating a channel of valuable resources using which they can develop their ideas into effective business plans.

Most of the students coming to IIM Indore have given up high profile jobs and successful careers in the industry to pursue bigger dreams and ambitions. The students share a spirit of enterprise, wanting to ‘create’ and ‘change’, rather than just ‘manage’. Indeed, the Entrepreneurship Club itself is a classic manifestation of this entrepreneurial spirit.

Entrepreneurship cell runs an incubation unit to nurture and develop innovative ideas of people within or outside IIM Indore. The incubation unit helps in the initial phases of the start-up. Though the incubation unit may not “fund” the start-up, the club helps in finding VCs and investors who would be ready to provide monetary support and take the start-up into the expansion phase.

However, the club has a long-term goal to generate sufficient funds from various activities so as to help such start-ups with a share of seed capital. Entrepreneurship club also motivates participants to start in-campus ventures so as to cater to the needs of student community.

Having collaborations with organizations like NEN, TIE and IMA, E-cell helps interested participants to stay connected with the world of entrepreneurship. This provides an immense opportunity for the participants to learn and network through these organizations.

Apart from the running the incubation unit, the Club also organizes a series of guest lectures and interaction sessions between students, entrepreneurs, venture capitalists and others dignitaries from the corporate world. Another activity by E-cell which is highly sought after by the participants of IIM Indore is an annual workshop on making a business plan.

The Club also undertakes research into the field of Social Entrepreneurship, with a view to develop knowledge and understanding of this oft-misunderstood facet of society.

Following are the some of the main activities of E-cell.

Consulting for small businesses :Though consulting is not a primary activity of E-cell,the purpose of consulting activities by E-cell is to leverage the rich knowledge and management skills of the students of IIM Indore and help organizations (small businesses and NGOs) become more effective. The consulting services are high-value added and cost-effective. Such activities not only help the club's clients, but also help the students become more effective in handling live projects and their own ventures in future.

Start Up weekends: Who can teach entrepreneurship better than the real life entrepreneurs itself? We feel interaction with the start-ups is the best way to learn real life entrepreneurial problems. Realizing this fact, entrepreneurship cell has come up with the initiative of startup weekends. The first such session was conducted on 20th Feb 2010. The event features 3-4 startups from different sectors and an entrepreneurial topic for discussion. The audience is free to ask their doubts to the entrepreneurs anytime during the session. After the success of the first session, entrepreneurship cell is planning to conduct these sessions on a monthly basis.

Luncheon: Luncheon is an initiative aimed at promoting the spirit of entrepreneurship in Indore by bringing together people with an entrepreneurial blend of mind. The objective is to help each other in generating ideas, conceptualizing existing ideas of members and initiating discussions on various practical aspects related to entrepreneurship. The idea is to try and build an ecosystem for nurturing both social and for-profit entrepreneurship in Indore city.

Industrial Visits: E-cell organizes visits to several small businesses where the students actually interact with the promoter of the company to learn about his entrepreneurial experiences.

Entrepreneurship summit: Finally,to promote the brand ‘E-cell ’, we are planning a two day flagship event focused completely on entrepreneurship. The event will feature a wide array of events ranging from start-up expo, entrepreneurial workshops, guest lectures and a B-plan competition. This initiative will also be helpful in identifying summer internship opportunities for interested PGP1 participants of IIM Indore.

Contact Information:

Secretary E-cell
Milind Mohod
Room No. J-120
Indian Institute of Management, Indore
Prabandh Shikhar, Rau-Pithampur Road,
Indore - 453 331
Madhya Pradesh, INDIA
Mobile: +91 8085721734
ecell@iimidr.ac.in  | p10milindm@iimidr.ac.in