VentureStudio is a new initiative by Ahmedabad University in collaboration with Center for Design Research at Stanford University to create a fellowship program to launch team-based business ventures. Click here to learn more - http://www.venturestudio.in/

1. Ve n t u r e S t u d i o
Center for Innovative Business Design
An opportunity to learn and practice designing you own business venture
N e t w o r k P a r t n e r s

2. VentureStudio is an institute that practices and develops design processes to create
innovative, scalable businesses.
We offer a full-time six-month fellowship program for aspiring innovators/entrepreneurs
to learn and practice designing their own companies. Fellows will work in teams to
identify critical market needs, generate and prototype novel solutions, and develop
business models to launch scalable business ventures.
Throughout this process, VentureStudio fellows will be coached by an international
team of coaches drawn from Ahmedabad University and Center for Design Research
at Stanford University.
We invite you to apply for our first batch of fellowship program starting September 2011

3. Who are you?
An innovator/entrepreneur passionate about creating new products
From any professional discipline - engineering, science, art, business, humanities
A hands-on person used to building things - art, craft, products, companies
Values teamwork and is good working within teams
Possibly have some ideas you would like develop further into products and
companies. Applicants will not be judged on their idea, but rather on their
capacity to create new ideas.
Willing to commit full-time to starting a company

4. 6 months full-time venture creation fellowship program - starts Mid-September 2011
Expertise in the venture design
Venture Design Process
6 months full-time effort process
Creative studio environment A tested working prototype of
6 months living expenses to
your product
Founding team to accelerate be borne by you*
venture success A business plan supported by
+ =
The ideas, knowledge and coaches from industry and finance
Design and engineering skills you bring to the team
development Technical and financial data
needed to pitch to investors
Coaching from AU, Stanford, TU
Delft, Indian industry and finance Competitive analysis of the market
you are entering
Access to global pool of technical
and business information *Scholarship considered on a need A team committed to starting a
basis
company with you
What we offer What you are investing What you will have at the
end of 6 months

5. How to apply?
Mail to
Cover le(er ‐ indica/ng your name, contact details (address, email and Venture Studio Admission,
telephone), and how you heard about the program. AES Bungalow number 2, HL
commerce six road, Navrangpura,
Resume – The resume should outline your qualifica/ons, experience and Ahmedabad, Gujarat
interests.
PorEolio – A porEolio can be a collec/on of your inven/ons and OR
crea/ons related to your work and art ‐ sketches, photographs of
Email to vs@ahduni.edu.in
things you have built, photographs of artwork and ar/facts you have
created. Please include a short descrip/on of the items included and
the role they played in your life. The porEolios will not be returned, so
please do not include original pieces you wish to retain with you.
The applica*on deadline is August
Two le(ers of recommenda/on – The recommenda/on le(ers should be 20, 2011. All applica*ons should
from people who you have worked or studied with and who can speak reach us by midnight of August 20,
to your individual and team behavior. 2011.
An essay‐ or a drawn sketch describing your vision for a poten/al venture
that you would like to create that would address a cri/cal need in
Indian society – Please limit to essay or the sketch to 2 pages Short‐listed applicants will be
maximum. called for a one‐day workshop
towards the end of August

6. How to nominate?
Nomina/on Process: If you know of any person who you think
would be a great fit for the VentureStudio Fellowship program,
please forward us their email address or mail address along
with a brief descrip/on of why you think that person is suitable
for VentureStudio. We will send an invita/on to apply to the
person you have nominated.
Email to vs@ahduni.edu.in