Announcements - Calling Impact-Driven Entrepreneurs from the Energy Sector Berlin Bootcamp
India and Germany are keen to promote the (social) start-up eco-system along with its required support structure. International best practices suggest that there is a huge potential in involving the corporate sector in start-up incubation. An increasing number of corporates are looking into partnering with existing incubators. The reasons for these partnerships are manifold. While incubators look for mentors and expertise for their incubatees as well as potential customers, corporates engage with incubators to identify new innovative ideas as well as potential delivery channels that support access to markets in remote locations. However, capacities of Indian incubators to strategically engage with corporates persist to be weak. Additionally, for many corporates it remains difficult to identify appropriate engagement mechanisms, be it as part of their business development activities or as part of the new 2% CSR rule.
In order to address this gap, GIZ in cooperation with Bosch and Intellecap under the develop PPP framework has initiated a Strategic Alliance with the objective to connect corporates with incubators and start-ups and especially social enterprises. The joint work under the alliance aims at creating an engagement mechanism, strengthening incubation capacities and creating opportunities for corporates to partner with innovative start-ups.
Since, there have been no targeted programmes bringing together social impact start-ups from India and Germany to explore cooperation either with each other or with corporates, GIZ India along with its partners Bosch and Intellecap joined hands with Social Impact and SAP from Germany to conduct a bootcamp in Berlin end of July.
During this bootcamp, start-ups will have the opportunity to interact with corporates, mentors, technology experts, and other key stakeholders to develop their products or services further, validate business plans, exchange ideas, develop synergies and build globally competitive businesses.
The bootcamp will run for a period of 10 days with social start-ups from Germany and India. The bootcamp has 10 spots (5 Indian start-ups and 5 German start-ups) for impact driven product/ service start-ups in the Energy sector – including social, digital or technology start-ups.
Applications are open till 31st May 2016 (23:59 CET).
All the program related cost for the participant (1 from each selected start-up) will be borne by GIZ India.