1 / 9

Building rural-inclusive businesses

Building rural-inclusive businesses. About TeNeT. The Telecommunications and Networking Group (TeNeT) at Indian Institute of Technology (IIT)-Madras, India Comprises of Faculty from the Electrical Engineering and Computer Sciences Departments

hal
Download Presentation

Building rural-inclusive businesses

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Building rural-inclusive businesses

  2. About TeNeT • The Telecommunications and Networking Group (TeNeT) at Indian Institute of Technology (IIT)-Madras, India • Comprises of Faculty from the Electrical Engineering and Computer Sciences Departments • Thus far have adopted the non-structured approach to incubation • Have incubated over 20 companies, 10 of which cater to rural technology needs • Last year, with the support of Infodev & DST established RTBI - IITM’s Rural Technology and Business Incubator

  3. About RTBI • Design, pilot and incubate rural inclusive business ventures • Incubate entrepreneurs in a knowledge environment • Leverage Information and Communication Technologies (ICT) for scaling • Mediate between urban enterprise and rural potential for development • 3 Startups : DesiCrew Solutions, InteliZon Energy, ROPE

  4. Rural Access and Connectivity Bridging the Rural-Urban Divide: The N-Logue ICT Kiosk : A local communication and business facilitation hub – the new “post office”… ICT Entrepreneurs at Chiraag Internet Centres in Tamil Nadu, India

  5. Rural data bank Understanding Rural Space • Currently, data is being collected for households in approximately 120 villages across 7 districts in Tamil Nadu state • RTBI works along with Incubatees and supports them in:Village based Entrepreneur selection Determining socio-economic needs of the community or village Aid in the design of locally relevant products/services

  6. Affordable Technologies for Rural Businesses Technology as an enabler… LivelihoodFinancialInclusionAgricultureEnergyHealthcareVocationalTrainingEducation Remote Diagnostic Kit: Neuro Synaptic Low Cost ATM with Biometric identification: Vortex Engineering Last mile connectivity -Cordect Wallset: Midas Communications N-Logue Communications Weather Monitoring Kit: Neuro Synaptic Solar Products: InteliZon Energy

  7. Incubation Ecosystem ICT Infrastructure in villages Local entrepreneurs & community leadership Strategic partnerships Knowledge based environment Innovations for rural needs

  8. Incubation Design Lessons • Computer based education and services is the initial attraction for Rural ICT Entrepreneurs to enter the incubation fold • Business models based on ICTs alone are not sufficient for successful entrepreneurship • Businesses become more sustainable if their core is community-centric and locally relevant • Building around prior domain knowledge enhances the entrepreneur’s staying power allowing creativity to creep into the business development process • Regional approach including geographic, socio-economic and cultural contexts for organic growth • Action research is necessary for project processes and goals to be continuously revised and aligned to the field

  9. Thank you Contact: Dr. Aarti Kawlra (Consultant- RTBI) aarti@tenet.res.in Lakshmi Vaidyanathan (Senior Manager -Technology) lvaidya@tenet.res.in Website:www.rtbi.in

More Related