Great Lakes Institute of Management’s AGB Incubator introduces program for young entrepreneurs

Great Lakes Institute of Management

Mumbai, July 16th 2021: AIC – Great Lakes Balachandran Incubator (AGBI) established by Great Lakes Institute of Management, Chennai today announced the launch of a one-of-its-kind ‘B-Plan for You’ programme for young and aspiring entrepreneurs, including their alumni and current students. Through the Atal Great Lakes Balachandran Incubator (AGBI) and the unique ‘B-Plan for You’ program, the management institute aspires to create ‘global-born’, ‘de-risked, investable ventures’ that address the severe bottlenecks identified in the entrepreneurial ecosystem in India, namely opportunity start-up, internationalisation, high-growth, product innovation and start-up skills. The program is also aimed at mid-senior level managers (intrapreneurs), looking at creating a strong impact in their organisations.

AGBI’s ‘B-Plan for You’ is supported by the Atal Innovation Mission, NITI Aayog and Great Lakes Institute of Management, Chennai. The programme will prepare and assist participants in developing a unique enterprise based on Design Thinking, Lean Start-up and Agile methodologies. The program’s goal is to empower aspiring entrepreneurs to leverage emerging technologies like Augmented / Artificial Intelligence, Internet of Things, Machine Learning, Algorithmic Analytics, and Block Chain to drive platform-revolution and inclusive businesses. The objective of the ‘B-Plan for You’ program is to give participants the core knowledge and hands-on experience they need to become intrapreneurs.

Speaking about the launch of the program Dr. Bala V Balachandran, Founder, Chairman & Dean (Emeritus), Great Lakes and Director – AGBI said, “Entrepreneurship education has been proven to aid in the economic prosperity of our country. Through the launch of a unique program like ‘B-Plan for You’, the AGBI team looks forward to presenting and equipping the young entrepreneurs with intrapreneurship skills for an accelerated career at organisations that value innovation. We hope to guide and train young minds of our society who aim to start their own venture as a side hustle during such uncertain times while exceling at their current roles.”

Candidates in the ‘B-Plan for You’ programme will have the opportunity to learn from global leaders, entrepreneurs, start-ups, and investors, as well as use practical toolkits to transform their ideas from concepts to client-favourite businesses. Candidates will also receive one-on-one mentoring from start-up mentors for guided implementation of their learning and will be pitch ready in just eight weeks. Students will gain the confidence and expertise they need for their next entrepreneurial/intrapreneurship step by building a real prototype and receiving certification from Great Lakes Institute of Management and AGBI.

The program will commence from 9th August 2021 and will have approximately 120 participants.

Program Highlights:

8 weeks blended program with the right mix of online and in class learning
Outcome from an idea, to customer validated porotype
4 hours per week of in class learning by AGBI/GLIM faculty and experts
Experiential learning using Design-Thinking and lean start-up toolkits
1-2 hours per week of asynchronous learning through 1-1 mentoring
Certificate from Great Lakes and AGBI on successful Completion

About Great Lakes: Great Lakes Institute of Management, Chennai founded in 2004 by Padma Shri Awardee Dr. Bala V Balachandran is one of the premier B-schools in India. Great Lakes has, within a short span of 15 years emerged as a top-ranked business school. Great Lakes has 50+ full time faculty and 150+ visiting faculty including over 25+ international faculty from top global schools like Yale, Kellogg, Stanford, and Harvard. Further collaborations with world’s leading institutions like University of Houston, University of Bordeaux, Hong Kong University of Science & Technology (HKUST), University of Missouri, Kansas, Illinois Institute of Technology, Chicago and Babson College etc., have helped Great Lakes in globally benchmarking its programs.

Great Lakes, Chennai, was accredited by Association of MBAs (AMBA), UK in 2014 and became the youngest B-school in India to receive this prestigious international accreditation. In 2015, Great Lakes, Chennai also received international SAQS accreditation and in 2017, its two-year PGDM program was accredited by National Board of Accreditation (NBA). For the years 2018 -2019, Great Lakes was ranked No.1 in India by Analytics India for its Analytics program. Great Lakes, Chennai was ranked 5th by Outlook India among top private MBA institutions, 9th by Business India, 15th by Business Today and 18th by NIRF among top 10 Indian B-Schools. It was also placed in Super League 2 category by Business Standard in the year 2019.

Led by exceptional academic faculty, steered by an outstanding advisory council, and buoyed by the international collaborations, Great Lakes has been constantly innovating to stay ahead of the needs of our businesses and community. It is the first B-school in India to offer full time specialization in Analytics and first to introduce AI and Machine Learning specialization.

Great Lakes has a 30-acre LEED Platinum rated green campus in Chennai and a second campus in Delhi-NCR. In the year 2019, Great Lakes Gurgaon campus received the prestigious AMBA accreditation and was also ranked among the top 5 emerging business schools by the National HRD Network (NHRDN) for the year 2018-2019. Great Lakes Gurgaon was also ranked 13th by Business World for its one-year program in the year 2019.

Great Lakes offers One Year full time MBA (PGPM) for experienced professionals, Two-year MBA (PGDM), Part Time Executive MBA for senior managers, and Weekend Executive MBA Program. Great Lakes alumni currently numbering 8800+, work at world renowned organizations both in India and overseas across 30 countries.

About Neel Achary 18874 Articles
Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.