NSRCEL, IIM Bangalore alum-founded GPS Renewables partner for ‘Campus Founders’ program

NEW DELHI: NSRCEL- Indian Institute of Management (IIM) Bangalore has partnered with GPS Renewables for the second edition of Campus Founders, a program supporting college-based startup founders and recent graduates in developing their startup ideas. The collaboration is notable as GPS Renewables was founded by two IIMB alumni.

The applications for Campus Founders program are open till April 15, 2024. This collaboration holds special significance as GPS Renewables was co-founded 12 years ago by two IIMB graduates Mainak Chakraborty and Sreekrishna Sankar, one of whom also founded a company as a student on campus.

The program will focus on innovative solutions in sustainability, climate change, and hardware development. The 4-month long program will cater to the needs of students, allowing them to evolve their ventures while still pursuing their studies.

Participants with startup ideas or working prototypes will swiftly explore MVP and the path to product-market fit. Alongside workshops and hands-on mentorship throughout the four-month duration, they will interact with seasoned entrepreneurs and industry experts who will guide them through their entrepreneurial journey.

The program aims to enable entrepreneurship as a lucrative and sustaining career for campus graduates, fostering an ecosystem where college grads can transform into CEOs of ventures.

Also read IISc, NPCI join hands for joint research on blockchain, AI tech

GPS Renewables’ CEO and co-founder, Mainak Chakraborty, said the program aligned perfectly with the company’s commitment to climate-forward and sustainability-focused innovations. “By providing access to expert mentorship, valuable resources, and a supportive network, this initiative will empower young entrepreneurs to turn their innovative ideas into impactful solutions that address critical challenges in sustainability and climate change," he added.

16 companies from various industries, including Deep Tech, Agritech, Health, and Consumer, were incubated in the previous cohort. These entrepreneurs are having a big effect in their industries, and they come from six states and five different institutions.

By the program's conclusion, participants will have gained a wealth of knowledge that will help them improve their business models, create verified revenue streams, create growth-driven product roadmaps, find funding sources, and cultivate a devoted clientele. The programme will also instill the feeling of accountability and resilience to help participants successfully create and manage their company endeavours.