Mangaluru: Aashish U S of Sahyadri College, final year Electronics and Communication Engineering and Prajwal Shetty of second-year Mechanical Engineering students, also interns of DTlabz and DTi Labz Private Limited participated in a Startup Hyper-Accelerator programme at Innovation and Entrepreneurship Centre in IIT Gandhinagar at Bangalore.
The team has been selected in the top 5 startups shortlisted to participate in the Boeing India Start-Up Challenge at the national level. The students were supported and completely funded by DTlabz to attend this event.
IIT Gandhinagar Innovation and Entrepreneurship Center (IIEC) is promoted by IIT to implement the overall strategy of incubation, IP management, commercialization and to implement entrepreneurship and innovation development programs.
The Five-Day Hyper accelerator program was an opportunity for technology start-ups to understand the investors' perspective and an intense program for understanding the topics like Market Validation, Lean Business Models, Fund Raising Techniques, Valuation, Pitch Deck, Due diligence, Term Sheets, Sales and Marketing Plans, Strategic Planning, Intellectual Property, Negotiation and Exit strategy.
On the final day, Aashish and Prajwal Shetty received an opportunity to pitch their startup and the product Dream Kit to 3Lines Venture Capital and IITGN Boeing India SStart-UpChallenge jury panel.
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