The Indian School of Business (ISB) Hyderabad has launched the PGP Class of 2015 Startup Fellowship to provide financial support to students who want to start their own businesses. This fellowship aims to encourage entrepreneurship among students enrolled in the Post Graduate Programme in Management (PGP) by offering an annual grant to eligible individuals or student-led teams.
- The fellowship is funded through the PGP Class of 2015 Startup Endowment Fund established by the Hyderabad cohort.
- ISB will contribute additional funds to maintain the fellowship annually.
- The program is introduced through ISPROUTE, ISB's pre-incubation initiative supporting early-stage entrepreneurs.
- The fellowship supports students in developing business ideas into viable startups.
What is the PGP Class of 2015 Startup Fellowship?
The PGP Class of 2015 Startup Fellowship is a financial grant provided to students or student teams from the current PGP batch at ISB Hyderabad. It is designed to support early-stage entrepreneurs by funding their startup ideas and helping them take the initial steps toward building their ventures.
How is the fellowship funded?
The fellowship is funded through the PGP Class of 2015 Startup Endowment Fund, which was established by the Hyderabad cohort of the PGP Class of 2015. ISB also contributes additional funds to this endowment to ensure the fellowship can be awarded every year.
What role does ISPROUTE play in the fellowship?
ISPROUTE is ISB's pre-incubation program that supports upcoming entrepreneurs in developing their business ideas. The fellowship is introduced through ISPROUTE, providing student founders with early-stage support and resources to advance their ventures.
What are the goals of the fellowship?
The fellowship aims to encourage students to start their own businesses by providing financial assistance and access to ISB's entrepreneurial ecosystem. It supports student founders as they transform their ideas into startups, fostering innovation and entrepreneurship within the ISB community.
Who supports the fellowship?
Madan Pillutla, Dean of ISB, highlighted the strength of the alumni community and its commitment to supporting future entrepreneurs through this fellowship. Anchana C, a member of the PGP Class of 2015, expressed that dedicating the class endowment to this fellowship is a way to pass on the confidence and support that ISB provided to their cohort.
Frequently Asked Questions
Q: Who is eligible for the PGP Class of 2015 Startup Fellowship?
A: The fellowship is available to students or student-led teams from the current batch of the Post Graduate Programme in Management (PGP) at ISB Hyderabad.
Q: How often is the fellowship awarded?
A: The fellowship is awarded annually to one eligible student or team.
Q: What kind of support does the fellowship provide besides funding?
A: In addition to financial support, the fellowship offers access to ISB's entrepreneurial ecosystem through the ISPROUTE pre-incubation program, which helps students develop their business ideas.
Q: How was the fellowship established?
A: The fellowship was established through a memorandum of understanding signed between the ISB Dean and representatives of the PGP Class of 2015 Hyderabad cohort, funded by their class endowment.
