Crowdfunding Initiator CFI Back to Blogs

"Mind to Market Through Crowd Funding"
 Crowd-Funding Initiator (CFI)
What: Crowd-funding initiator, a summer boot camp, being organized with the support of Start51, an indigenous crowd-funding platform.

Where: S4 Co-Creation Center (S4-C3), room no 126, GTU Ahmedabad Campus, 2nd Floor, ACPC Building, LDCE complex

When: 16th June- 11th July (4 weeks)
Why: Crowd-funding is the practice of funding a project or venture by raising small amounts of money from a large number of people. More than 90% of student start-ups, based on good ideas and prototypes, die a premature death despite having a huge potential. Most of them also suffer from incomplete market research. Crowd-funding permits the use of the connected world as a market research tool for innovative ventures, which want to find their target consumers. By using crowd-funding a budding entrepreneur can market the concept to numerous stakeholders, can get insightful inputs from them and can obtain help in product validation. In addition, of course, Crowd-funding can help raise funds during the crucial phase of product development.
Crowd Funding Initiator (CFI) is an effort to make the potential entrepreneurs & innovators funding-ready through use of this internationally successful tool called "Crowd".

How: The month long module will include focused sessions with industry experts, case studies, mentor session and hands-on-exercise on different aspects of crowd-funding with selected finalists. At the end of the programme, all the selected finalists will go live on a dedicated crowd-funding platforms and not only learn how to get funded but "do-it themselves". Also a mega public launch of crowd-funding projects in Gujarat will be attempted.

How to participate: Interested students, alumni and faculty members can apply online at: on or before Thursday, 12th June 2014. Those teams, which have startups or those planning an innovative initiative/ enterprise (both for profit and not for profit) or those projects which are ready for crowd funding will be invited to the workshop through e-mail on Friday, 13th June 2014.

For detailed about the program:

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\Chief Mentor of the program: Mr. Ateet Bajaj, Founder, Start51

For any suggestion kindly connect to: Mr. Hiranmay Mahanta, Hon’ Director, GTU Innovation Council : ,
For any query about the summer program kindly write to:
Call +91 – 9428242636, 079-26300599
N.B. An expert jury will review all the nominations and the best teams will be given final confirmation in mail and call. The expert team may telephonically interview and wish to have a physical interview with the teams before choosing the final list for this one-of-its-kind summer boot camp.