IdeaStorm is a program lasting a month with the goal of fostering Idea Generation, Validation, and Problem-Solving Mindset within the IITM community. It consists of online interactive sessions led by Entrepreneurs, Startup Professionals, Industry Experts, and more.
By participating in this program, you can advance from zero to one, as it involves analyzing real-time problems, generating fresh ideas, and exploring their business potential through thorough research and frameworks. This will prepare you to get onboarded in Nirmaan, the pre-incubation cell of IIT Madras.
INNOVATOR:
We hold the belief that every individual possesses an innate element of innovation. It simply becomes a matter of time and perspective for one to recognize it and begin seeking out problems
from a wider standpoint. Innovators, in particular, possess the drive to cultivate a mindset focused on identifying problems and generating fresh, innovative ideas.
BUILDER:
An implementor's mindset is a crucial characteristic for any aspiring entrepreneur or problem-solver. Builders are individuals who possess ideas to
act upon, yet they may occasionally find themselves pondering the question, "What should I do once I have an idea?"
Walk out with a validated idea
Dedicated guidebook to get incubated under Nirmaan
Develop an entrepreneurial mindset through structured resources
Sessions curated by industry experts
Peer validation from a strong community
In order for your startup to be successful, you first need to identify and articulate the problem you are solving. Although many problems are identified by accident, there are techniques through which problems can be discovered in a society. Here's how to do this effectively.
To make informed decisions, understanding your users' behavioral trends is essential. In this session, you will learn to understand customer demographics, psychology, and to make your product align with your customers’ preferences.
A special meetup with Alfalgo founder and Insti senior Raghav Talwar, where he will be sharing his entrepreneurial learnings and interacting with all the participants.
A special offline meetup with Solinas CEO and Insti alum Divyanshu Kumar. He will be interacting with the participants, guiding them and sharing key learnings from his own journey at IIT Madras.
Market analysis is your compass in the business world. It empowers you to understand your target market, unravel customer needs, and seize opportunities to fuel your business growth. Here's how to perform this to make informed decisions.
A feasibility study helps you determine if your idea is likely to succeed. Should you move forward with it, refine it or scrap it and go back to the drawing board? This is the final offline session where all the participants learn the subtle art of unbiasedly validating their ideas.
At the end of the sessions, it's time for the participants to corroborate their ideas and take them further. An offline meet where all the participants link up and talk through a medley of ideas that the teams pitch.
You don’t need any idea! The workshops at IdeaStorm are to help you have an idea of your own.
There is no shortlisting before and during the event.
Students can participate individually or in a group.
It is open to all the students from IITM, including online BSc students. Simply fill the registration form by clicking here.
The participants will have to submit the onboarding application of Nirmaan, which will be made after an exhaustive 4-weeks of knowledge transfer and helping exercises.
At the end of the program, we will have an offline session wherein participants will have to pitch their ideas to all the other participants, and therein they can look for feedback, suggestions, and team members too!
This activity, we believe, will be helpful to you in finding co-founders for your startup idea and build your founding team.