BIRAC's first IGNITE batch had enriching experiences at Cambridge

During their stay at the University of Cambridge, all the five IGNITE candidates supported by Biotechnology Industry Research Assistance Council (BIRAC), got to learn new tricks of running a successful business

bioentreprenuership-course

Participants expressed happiness on being a part of the initiative!

BIRAC and Centre of Entrepreneurial Learning (CfEL) of Judge Business School, University of Cambridge have initiated a partnership that would enable five BIRAC supported applicants to take part in CfEL's flagship intensive entrepreneurial boot-camp programme called "IGNITE". It is aimed at providing entrepreneurial opportunities to explore their innovative ideas and transform them into a business project.

The first batch of five BIRAC supported IGNITE candidates went to Cambridge in July 2013. The five candidates have shared their learning experience with the agency.

Among the participants, Neeraj Jasmathiya Medical Device Innovator and Industrial Designer, Stanford India Biodesign mentioned that the programme was very beneficial for him. "The ecosystem around Cambridge was phenomenal and unique both in terms of experience and learning. I wish if such fellowship was for longer duration, however 15 days were cleverly structured so that every bit of it can be fruitful for the fellows arrived from different parts of the world. I feel there is requirement of organising more of such fellowships to develop visionary entrepreneurs in India," elaborates Neeraj.

Sharing his experiences, Sahil Kapoor Director - Global Business Operations Novo Informatics, "IGNITE has been most beneficial program for our company. It enabled us to enter scientific and entrepreneur community which gave us new insight of market. One of best experiences were interaction with Investors, Companies to understand what they are looking for? What kind of business models are used? And how companies grew as per fluctuations in global market? I sincerely thank BIRAC for giving me opportunity to experience IGNITE program."

Dr Radha Rangarajan Founder and CEO Vitas Pharma said that the IGNITE experience was truly an inspiring one for him. "The course was a mix of formal lectures and discussions in small groups, a format that was ideally suited for learning about the larger themes of running a company as well as addressing the specific needs of the participants. The course was run by business practitioners, who brought their experience to the classroom and took us through topics such as business models, accounting, financial forecasts etc"

 

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