The Bangalore-based B school, Global Institute for Corporate Education (GICE), a centre of excellence for corporate education has come up with a centre for nurture young entrepreneurs and for addressing the rising concern created by lack of human resource by getting students of the B-school to intern with the start-ups during their two-year course. GICE has named its initiative as ‘start-up Incubation Centre’ and works in collaboration with Bangalore Alpha Labs (BAL).
The incubation centre was launched in the presence of Mr. Somendra Chaudhary, Managing Director of GICE and Mr. Ahimanikya Satapathy, Founder of Bangalore Alpha Labs.
The GICE Start-up Incubation centre will help resolve the issue of human resource by getting its students to intern with start-ups as part of their curriculum. The Start-up incubation centre will be put up in the GICE campus in Bangalore.
About GICE – B School:
Global Institute for Corporate Education (GICE) was established under the aegis of Sri Sankara charitable trust (previously known as Apex Foundation). GICE was established with the principal motto of imparting quality education in the fields of management, IT, commerce and science to students across the world. The programs at GICE include MBA, MCA, BBM, B. Com, BCA and joint programs such as PGPM+MBA. The institute focuses on value based education and aims at enhancing the career prospects of students and working executives. They have laid a strong foundation to build a best-in-class Business School for students from across the globe.
Bangalore Alpha Labs Incubation is a vibrant community of entrepreneurs coming together to interact and communicate ideas while they launch their start-ups at BAL Space. BAL Incubation provides the best possible support for start-ups from ideation, forming the company till becoming a viable business. Members working from BAL can select from one of the plans provided on the website. Benefits of working from BAL include the start-up package, which gives free branding packages worth Rs. 20,000, tech, marketing and business mentorship, discounted services from BAL partners and access to all the tech meetups that happen at the space.
Rajeev Paripoornam, dean of GICE, said the new incubator will provide guidance and support to budding entrepreneurs across sectors, to run their businesses effectively. It will also support students who want to become entrepreneurs, and will help entrepreneurs to reach out to organisations that may be able to help them in specialist areas. He added that GICE’s association with start-ups will last between 18 and 36 months.
“We have to develop a curriculum in such a way that students will have enough time to work with start-ups based on the latter’s requirements. This may range from one hour to four hours per day,” he said.
GICE has received 10 inquiries so far, and hopes to be able to rope in 30 start-ups over the next six months.
More about GICE and BAL