FBS believes entrepreneurship prepares students with unique skills to navigate a constantly changing world. They learn to envision solutions to complex social and environmental challenges, teaching them creativity.
The FBS Entrepreneurship Development Programme (EDP) provides interested students with an entrepreneurship internship opportunity of 3 to 5 months anytime between Classes 6 to 9.
The Entrepreneurship Development (ED) Cell at the Silicon Institute of Technology (SIT) leads the FBS Entrepreneurship Development Programme. The ED Cell anchors SIT’s Business Incubator, SwitchTech Incubator Foundation, and Institute Innovation Council, two hubs that promote entrepreneurship within the institute and in Odisha.
FBS students will get mentorship to develop diverse ideas in IoT, rural technology, agriculture, molecular biology and many more.
Students get specialised training from the ED Cell to make their idea business relevant.
| Step | Objective | Activities | Outcome |
| 1 | Building Base | Training on cognitive skills Interactive sessions with startupreneurs |
Organised sessions, workshops, trainings |
| 2 | Generating Ideas | Intra- and Inter-school idea competitions Hackathons |
Awards and recognitions Evaluation and selection |
| 3 | Ideation | Defining problem statements Developing product architecture Determining solution approach |
Faculty and expert mentoring Handholding by startupreneurs Ideas to innovation classes |
| 4 | Proof of Concept | Selection of top three ideas | Evaluation and selection |
| 5 | Business Plan | Understanding market outlook and unit economics Financial modelling Risks mitigation plan |
Mentoring by financial experts |
| 6 | Product Development | Team building Prototype development Testing Applying for Intellectual Property Rights (IPR) |
Seed stage funding from SwitchTech Incubator Foundation Access to SIT Labs and softwares |
| 7 | Pitching | Ensuring product precision Identifying competitive advantage Mapping funding opportunities Developing a proposition for scalability |
Equity/Angel funding by Switch Tech Incubator Foundation Participation in exhibitions Connecting to government schemes for startups |
The hands-on approach to entrepreneurial thinking and practice nurtures students’ creativity by evolving a new solution to an existing problem. The programme exposes them to new career paths. Beyond gaining content knowledge, students learn valuable life skills.
Collaborating with multi-age groups, mirroring teamwork in modern workplaces
Planning and executing within a timeline
Building within a budget
Storytelling for persuasion
Learning to view failure as an opportunity to iterate
Strengthening the ability to deal with uncertainty
Job shadowing internships, career assessment tests, and interactions with professionals and experts support students in mapping career pathways.
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We deliver the highest quality STEM curriculum through expert master classes, interactions with scientists and training in industry practices.
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Counsellor support, internships and profile-building activities help students identify the right course and college and build a robust application for admissions.
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