On the heels of the successful completion of the first 9-week certificate program in innovation and entrepreneurship outside its California campus, Stanford Graduate School of Business is now accepting applications for Stanford Ignite - Bangalore 2014. Classes will meet on extended weekends from April 4 through June 8, 2014. The deadline for applications is November 22, 2013.
"Just a few weeks ago, we presented certificates of completion to an incredibly talented cohort of 41 smart and energetic working professionals in such fields as medicine, law, engineering, and robotics," said Yossi Feinberg, John G. McCoy-Banc One Professor of Economics and faculty director of Stanford Ignite. "These individuals embody the intent of the Stanford Ignite program to drive economic growth through entrepreneurship by teaching innovators, both entrepreneurs and 'intrapreneurs,' the business skills to bring their ideas to market. They've absolutely set a high bar for the next batch of participants."
The site of the first in a series of Stanford Ignite programs to be offered around the globe, the inaugural Stanford Ignite-Bangalore program began on August 10 and completed on October 7, meeting at a state-of-the-art facility made available by Infosys.
"Being part of the maiden Ignite program in Bangalore was a transformational experience for me," said participant Abhisarika Das, Director, KLoc Technologies Pvt. Ltd. "It empowered me with the knowledge to drive innovation in my organization, inspire my team to be passionate about customer satisfaction, and create a culture of continuous improvement."
In contrast to the program just completed, the timing of the 2014 program was shifted to spring to maximize faculty availability. The part-time course also will now meet on extended weekends to accommodate participants from elsewhere in India.
Full-tuition fellowships will be available to a small number of exceptional self-sponsored applicants who demonstrate financial need. Applicants must first be accepted into the program before applying for the fellowship. Tuition fee of US$8,350 includes course materials, program events, and lunch and dinner for evening and Saturday sessions.
Aimed at nonbusiness technical professionals, Stanford Ignite draws on the same world-class Stanford GSB faculty who teach in the MBA Program, and is designed to deliver the same highly personal and innovative instruction that executives and students at Stanford experience. Classes are taught by Stanford GSB professors on the ground, as well as faculty beamed in from Silicon Valley by high-definition educational technology.
The course teaches innovators in India how to formulate, develop, and commercialize their ideas. Prominent executives and corporate, venture, and angel investors participate as guest speakers, expert panelists, and business mentors to provide candid feedback on team projects. Participants expect to learn core business skills and experience working in a team to evaluate and develop ideas into a business plan.
Intended for individuals who do not already have graduate business training, Stanford Ignite participants are currently enrolled students in master's, PhD, MD, or post-doctoral programs studying nonbusiness subjects; or are technical professionals with a minimum of a bachelor's (BA or BS) degree from a regionally accredited institution.
"In aggregate, Stanford Ignite participants have started over 80 successful companies since the program was first introduced at Stanford in 2007," said Bethany Coates, associate dean and director of Stanford Global Innovation Programs, who administers the Stanford Ignite program. "The Bangalore 'Igniters' join a global network of high-impact innovators."
By Helen Chang