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DR. SRIDHAR MITTA
Managing Director
e4e Labs Pvt. Ltd.
TiE Con 2002 - Bangalore
October 30, 2002
Incubation : Entrepreneurship at Grass Roots
Silicon Valley & Entrepreneurhsip
• Silicon Valley is the world centre for innovation and entrepreneurship
• Silicon Valley has sustained its leading edge in wave after wave of fostering entrepreneurship
• Silicon Valley has become a “habitat” in which all resources entrepreneurs need to survive have grown over time
• Why are Indians doing so well in the Silicon Valley?
• Stanford University undertook research to find resources for success of Silicon Valley
•Physical Infrastructure
•‘Soft’ Infrastructure
– People
– Culture
– Attitude
– Speed
– Laws and their interpretation
– Wealth creation and sharing
•The networks in Silicon Valley are marked by complex,
dynamic and interdependent relationships
What makes Silicon Valley unique ?
What do Entrepreneurs in India need ?
• Evangelizing entrepreneurship
• Spotting entrepreneurs at an early stage
• Challenging and validating ideas
• Coupling technology to market needs
• Access to experts in Technology / Marketing / Business
• Formation of teams
• Development of a prototype
• Financial assistance for sustenance
• Development of Business Plan
• Proving products in markets
• Securing Venture Capital
• Bridge to Silicon Valley
What do Entrepreneurs in India need ?
e4e Mission
• Help entrepreneurs position for global success by
providing entrepreneurs with the resources necessary
to successfully build a company and sustain profitable
growth
e4e’s Value To Entrepreneurs
Thought leadership Laser focus: Infrastructure
Service. Analyze patterns and
trends in area
of focus. Identify business
opportunities
Global customer access Global business development team
Identify channel partners
Panel of experts / advisors
Long-term capital Startup to expansion capital
e4e’s Value To Entrepreneurs … contd.
Technology expertise Technology consulting and
guidance. e4e Labs nurture
promising technologies Operations expertise Entrepreneurs and operations
people in team. Professional services Exec recruitment, market research,
legal, accounting, PR, marketing etc. Physical infrastructure 12,000 sft in Bangalore. 5,000 sft in
Silicon Valley. Computing infrastructure