WELCOME TO PROPEL
Helping you succeed
Propel offers incubation to Full-time/Part-time BMU students (current/alumni) with a view to nurture their business ideas. While in Incubation, these students not only get to avail the various facilities of the incubator but also interact and learn from the experiences of other entrepreneurs. They get to meet their mentors during various mentoring sessions and learn the nitty-gritties of how to incorporate a company, validate a business model, formulate a go-to-market strategy, build a core team, and many more.
DR. ASHISH BHARADWAJ
Director - IT, Digital & Innovation
Partner - Strategy
BMU’s incubator (Propel) consists of the following four initiatives, each of which is driven by a group of 2-3 faculty members of the University:
Incubation Support: This is a student led body responsible for creating an entrepreneurial culture across the University. Their mandate is to conduct business plan/business idea competitions, workshops, invited industry talks by experts etc.
Student Entrepreneurship: The primary role here is to seed ideas of entrepreneurship within the student community by conducting programs, and to mentor/advise student entrepreneurs on their business ideas through 1-1 mentoring and/or through customized workshops on different topics (financial planning, marketing plan etc.)
Entrepreneurship Support: This will primarily focus on external entrepreneurs (non-University community), and typically these entrepreneurs/startups could either be early stage or late stage ventures. Depending upon their stage of development, this could provide assistance for them to accelerate their growth. The services offered would range from use of mailing facility and networking opportunity, to specialized enablement workshops in identified areas, as well as assistance with raising finance.
Innovation Development: This will focus on the innovative classroom projects of the students (primarily postgraduate) and assists them with prototype development, product design finally leading to their commercialization.
In addition to the above, there is also significant focus on bringing live industry projects to the University, which in effect becomes living laboratories, and providing internship/training opportunities for the students.
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