To encourage more success stories from budding entrepreneurs, Stanford Business School, has launched its flagship programme >Stanford Ignite for the first time in Bangalore from August this year.

While Stanford Business School has been conducting the programme in its campus since 2006, this is the first time that the business school is organising it overseas. Stanford Ignite faculty director Yossi Feinberg, said that the programme could be organised with the same quality and outcome in other countries. The programme received more than 800 applicants, but the business School has selected 41 candidates from various backgrounds including doctors, IT professionals, researchers or advanced degree students.

Praising the quality of applicants, Feinberg said that they had initially planned to take 30 students. “The quality of the applicants was so impressive that we had to accept 41 candidates. We could easily have accepted 80 candidates and maintained the same quality,” said Feinberg.

The programme will focus on skills required to develop ideas into business plans and connect the participants to the vast alumni network base of Stanford in India and provide access to mentors in the form of industry leaders and angel investors.

The programme focuses on extremely talented graduates who want to innovate not only as entrepreneurs but also at their own jobs. “In India, the talent is amazing, and the need to innovate on a daily basis exists here. It’s a truly a sleeping giant when it comes to entrepreneurship. And we are targeting exactly that,” he said.

The part time programme is being conducted in the Infosys campus in Bangalore from August 10 to October 12 and the tuition fee is $ 8,350 (Rs 5.34 lakh). The Ignite programme has about 800 alumni.

>deepa.nair@thehindu.co.in

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