Business plan by SPJCM GMBA students of April 2009
Features:
- Tapping ideas generated by students, professors and working individuals
- Arranging strategic investors to appreciate & fund ideas
8. College Environment (C) SP Jain Center of management Students Professors Working for Corporate Placements Retire…
9. Group 1 Group 2 (C) SP Jain Center of management Professors Working Individuals iCradle (The Platform) Venture Capitalists Corporate Students
10.
11. (C) SP Jain Center of management Mission “ iCradle with its online portal, aims to help budding Indian entrepreneurs in meeting their capital needs by connecting them to potential investors looking for investment opportunities in new ventures.”
13. CSR for corporate entities One Stop Shop for VC’s Insufficient means for funding by individual college Expert Consulting Bridge- Idea to Reality (C) SP Jain Center of management
15. (C) SP Jain Center of management Revenue Sources Rate/Charges Particulars Revenues/annum (in USD) Innovation Consulting 25$ per hour 1,800 Hours/Annum 45,000 Advertisement Space 3 cent per click 4,000 Clicks/Annum 120 Membership Fees 50$ per annum per institution 500 members 25,000 Membership Fees from working professionals 15$ per annum per professional 100 1,500 Commission from Venture Capitalist 5% on every deal closure 100,000 5,000 Total 76,620
16. (C) SP Jain Center of management Annual Expenses Particulars Cost (in USD) Rent for office space 200 sq ft area 12,000 Website Development 5,000 Furniture Sofa sets, Chair, Table etc. 13,000 IT Infrastructure Software & Hardware 14,000 Salary for employees 50,000 Miscellaneous Stationary, Maintenance etc. 3,000 Total Initial Cost 97,000
17. Will strive to enhance synergy between both the groups, making them harness the potential of ‘iCradle’ platform (C) SP Jain Center of management