Entrepreneurship Development

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 Silicon Advantage

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.

  • Classes by SIT ED Cell members
  • Talks by entrepreneurs on real-world experience
  • Mentoring by senior SIT students
  • Makers Lab access at SIT
  • Funding of up to ₹5 lakhs for pilot projects from SwitchTech Incubator Foundation

EDP Curriculum

The comprehensive curriculum equips students with business and technical knowledge, collaboration and communication skills essential for an entrepreneur. Student cohorts undergo a seven-step activity plan to bring their ideas to life.

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

Objective: Building Base

Activities: Training on cognitive skills

Interactive sessions with startupreneurs

Outcome: Organised sessions, workshops, trainings

Objective: Generating Ideas

Activities: Intra- and Inter-school idea competitions

Hackathons

Outcome: Awards and recognitions

Evaluation and selection

Objective: Ideation

Activities: Defining problem statements

Developing product architecture

Determining solution approach

Outcome: Faculty and expert mentoring

Handholding by startupreneurs

Ideas to innovation classes

Objective: Proof of Concept

Activities: Selection of top three ideas

Outcome: Evaluation and selection

Objective: Business Plan

Activities: Understanding market outlook and unit economics

Financial modelling

Risks mitigation plan

Outcome: Mentoring by financial experts

Objective: Product Development

Activities: Team building

Prototype development

Testing

Applying for Intellectual Property Rights (IPR)

Outcome: Seed stage funding from SwitchTech Incubator Foundation

Access to SIT Labs and softwares

Objective: Pitching

Activities: Ensuring product precision

Identifying competitive advantage

Mapping funding opportunities

Developing a proposition for scalability

Outcome: Equity/Angel funding by Switch Tech Incubator Foundation

Participation in exhibitions

Connecting to government schemes for startups

What do students gain?

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

Give your child a transformative learning experience.

Career Counselling

Job shadowing internships, career assessment tests, and interactions with professionals and experts support students in mapping career pathways.

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STEM at FBS

We deliver the highest quality STEM curriculum through expert master classes, interactions with scientists and training in industry practices.

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College Guidance

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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