Category Archives: Startup

Frugal innovation – a teachable moment

I guess we are at an age when all our teeth are not our own and, as sometime happens in those cases, minor emergencies like a loose crown can befall you at the most unlikely times and places. Friday at lunch on campus at IIT Bombay, I suddenly realized one of the crowns had loosened. Being away from home in US, and the weekend approaching, I called our family dentist in Mumbai and was informed by the receptionist that “Saab Monday ayega wapas (sir will come back Monday)”.

Mildly upset that I would have to walk around with an exposed nerve and a crown that I might likely loose, I griped to one of my colleagues. She suggested that I look up a new dental chain, Sabka  Dentist, to see if they might have a local office that could attend to my tooth. I pulled up their site on my phone and fortunately there was an office just outside the IIT gates. I called them and a cheerful receptionist answered. Yes, I could walk-in right now she assured me, and they would see what could be done. Continue reading

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Startups have a chance to share $1 Million in prizes in MassChallenge, world’s largest competition

Image representing MassChallenge as depicted i...

Image via CrunchBase

Last year I had the opportunity to participate as a judge and mentor in the inaugural competition, MassChallenge. This is a serious business competition that has shown it can attract top quality concrete job creating ideas from round the world. Over 450 entries applied and 110 finalists were incubated for 3 months including free office space, introductions to VC, funders, customers and team resources.  Sixteen finalists split $1 Million including $100,000 for the top finisher. Seeding Labs, profiled elsewhere on my blog, won $50,000 as the Social Impact finalist and also was offered free office space for another nine months.

If you have a venture and are looking to make it to the next level I strongly encourage you to apply to the 2011 accelerator. If you have any questions please reach out to the organizers at contact@masschallenge.org or apply online at www.masschallenge.org/enter. Continue reading