Got an idea? Startups are the way to take it forward

In the past, startups have been a source of many successful ventures. ISB, Wadhwani Centre for Entrepreneurship Development is hosting a camp to help people interested in starting a venture

NT Balanarayan

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Have an idea for a startup company? Looking for like-minded people to get started? Worry not, a startup event is being planned in July, the aim of which is to help startup companies in 54 hours.

According to C Chaitanya, an organiser of Startup Weekend Hyderabad, most of the slots available for the event have been sold out. He says that mobile apps are a favourite among the crowd in the City. Though participants are open to build anything, people mostly opt for mobile apps, web apps, or social network-related startups as they are easier to prototype. Apps are certainly a favourite with the crowd and some very innovative apps have come out of Startup Weekend in the past, he said. This time around the event will be organised at ISB, Wadhwani Centre for Entrepreneurship Development on July 13–15.

Participants will need to come up with a minimum viable product within three days as part of the event and not just ideate.

This is just the second time that the event is being organised in the City, but on an international level, there have been startups such as Zaarly and Foodspotting which were ideated at the event and went on to become popular the world over.

Since this started in India only last year, there have not yet been notable startups from the country. But startups coming out of Startup Weekend across the world have been successful. For example, Zaarly is a well-known example. Other examples include Launchrock, Saygent, etc.

Chaitanya says that though the startup scene in Bangalore may be more advanced, startup enthusiasts here believe in more action and less talk. The startup scene is certainly very active in Hyderabad as could be witnessed at the ITs AP event organised by the government. The Start-up Saturday events are also very popular here, he said.

“With the presence of the many engineering colleges in the City, start ups find it easier to find talent. Also the startup community is helpful. The real estate is cheaper when compared to other cities like Bangalore. But most important is the student community,” he added.

To resister log on to hyderabad.startupweekend.org

How does it work?

On the first day attendees present their ideas and the best of them are voted on. Groups are formed based on these ideas and they start working on prototypes. They can approach coaches who will be at the venue in case they run into an obstacle. On the final day they will present their projects, which will be followed by a Q&A and awards.

Tags: ISB, NT Balanarayan, Startup Weekend, startups, Wadhwani Centre for Entrepreneurship Development

Category: City, City News