Eco-Entrepreneurship

The Opportunity

India is promoting entrepreneurship through its Make in India and Zero-Defect programs. The 12th national budget focused on entrepreneurship by committing INR 100,000 million to catalyze and attract private capital for equity, soft loans and other risk capital for start-up companies. Several nationwide incubation and accelerator programs have been initiated. Indian clean energy sector alone is a $US20 billion opportunity.

It has the potential to generate 10 million jobs in India by 2025 and is witnessing the emergence of energy entrepreneurs, who are ready with innovations in energy. The Indian startup ecosystem has really taken off and come into its own—driven by factors such as massive funding, consolidation activities, evolving technology and a burgeoning domestic market.

The numbers are telling—from 3,100 startups in 2014 to a projection of more than 11,500 by 2020, this is certainly not a passing trend. It’s a revolution. And it’s going to change the way the markets are working today in India.

Why Eco-Entrepreneurship?

Eco-Entrepreneurs are entrepreneurs whose business efforts are not only driven by profit, but also by a concern for the environment. Eco-entrepreneurship is about developing community oriented and market-based solutions by reducing consumption of resources, putting available resources to the best use and promoting products and services that recycle and reuse the resources. Eco entrepreneurship essentially demonstrates the concept of circular economy. Given the threat to the very sustainability of the planet, there is an urgent need to promote eco-entrepreneurship.

Below is the tentative course approach and structure.

Course Objectives:

  • Increase knowledge of the opportunities in circular economy in the global as well as national context
  • Provide training, mentoring and support for the launch of eco-entrepreneurship.
  • Help develop agile thinking skills to understand and respond to complex environmental challenges as well as opportunities.
  • Enhance leadership skills and through individual and team building activities
  • Increase understanding of the need for green products and services
  • Provide understanding of the financial basics required to launch a company
  • Provide guidance on preparing and presenting the business plan

Course Pedagogy:

  • The course will be delivered through a mix of classroom lectures with case studies.
  • Learning will happen through the pedagogy of Project Case Work. Participants will work in groups to prepare business plans for Eco enterprises. The problem-solving process will be supported by facilitators who will provide knowledge and guidance.
  • Discussion sessions, interaction with experts from government and private sector and field visits will also be the part of training program.
  • Guest speakers will include entrepreneurs and consultants.
  • Videos will be screened to generate discussions.
  • Field Visits will include meeting with successful eco-entrepreneurs
  • There will be a jury or panel of a mix of faculty and externals/potential investors who will award the best business plan.

Course Outcome:

  • Participants come up with “Start-up Business Model” ready to launch their eco-enterprises
  • Participants will be connected to investors and technical consultants
  • At least 25% of the participants are expected to successfully venture out in the market with their green business ideas

Minimum Qualification Criteria:

Graduation in any discipline + 2 years’ work experience and a well written 2 pager of Statement of Purpose (SOP) followed by an interview.

If you are interested in collaborating with us on the above course, write to us at rajiv.ramchandra@ekonnect.net

Established in 2012, Ekonnect Knowledge
Foundation is a Section 8 not-for-profit
company offering awareness, training and
education programs in the domains of
environmental management and sustainability.

Contact Ekonnect

Ekonnect Knowledge Foundation
504/505, 5th Floor, Balarama Building,
BKC, Near MMRDA Office,
Bandra (East) Mumbai – 400051
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Email: prasad.modak@ekonnect.net 
Phone: 91-22-62215944 / 5946

 

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