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ABOUT THE EVENT:
The 2 Days Bootcamp on Idea Validation, organized by the Centre for Innovation and Entrepreneurship (CIE) at the International Institute of Information Technology, Hyderabad (IIITH), is an exciting opportunity for aspiring entrepreneurs and innovators to learn how to validate their ideas and turn them into successful ventures.
The bootcamp aims to provide participants with a comprehensive understanding of the process of Idea Validation, which is crucial for any startup or business idea. Through a series of interactive sessions, case studies, and hands-on exercises, participants will learn how to identify and validate their target customers, understand their needs and pain points, and develop a value proposition that addresses these needs.
Day 1 of the bootcamp will begin with an introduction to the concept of idea validation and its importance in the startup ecosystem. Participants will then learn how to identify and segment their target customers based on demographic, psychographic, and behavioral factors. This will be followed by sessions on conducting customer interviews, analyzing customer feedback, and developing a Minimum Viable Product (MVP) that meets the needs of their target customers. These exercises will include creating customer personas, developing a value proposition, and crafting a pitch that effectively communicates the value of their idea to potential investors or customers.
Day 2 of the bootcamp will focus on validating the business model and identifying potential revenue streams. Participants will learn how to develop a business model canvas, which is a visual representation of their business model that helps them identify key partners, activities, resources, and revenue streams. They will also learn how to conduct market research, analyze competitors, and develop a pricing strategy that maximizes profits while remaining competitive. They will develop a business model canvas.
Overall, the two-day bootcamp on Idea Validation is an excellent opportunity for anyone interested in entrepreneurship and innovation to learn how to turn their ideas into successful ventures. By the end of the bootcamp, participants will have gained a comprehensive understanding of the process of idea validation and developed practical skills that they can apply to their own ventures.
Who Should Attend?
During the program the participants will receive a broad overview of:
Major Strengths of the program:
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For any query call at +91-91630 60390