Enticing the Entrepreneur

Updated on: Friday, December 02, 2011

The Indian School of Business (ISB) recently announced the launch of Propero, a unique initiative that provides a platform for start-up and growth stage entrepreneurs from all over India, to raise equity or debt financing. The event, scheduled for February 24-25, 2012, at the ISB campus, will provide venture capitalists (VCs), angel investors and bankers access to high-quality, scalable business plans from various sectors.

Propero 2012 will build on the resounding success of the inaugural edition last year, where 30 leading investors such as Indian Angels Network, Mumbai Angels, Hyderabad Angels, Helion Ventures, Venture East, SIDBI ventures, Ojas Venture Partners, DFJ, Clear Stone, Indo US Ventures, Nexus ventures, Peepul Capital, Canaan Partners, among others participated.

Specifically, in Propero 2012 the investor community is being expanded to also include banks that finance entrepreneurs through credit guarantee funds, apart from the angels and VCs. Apart from 30+ VCs/ angels, over 10 leading banks, including IDBI, Bank of Baroda, Andhra Bank, SBH, SBI, Union Bank, have already confirmed their participation. Further, the platform is now open to the larger community of Indian entrepreneurs. Few of the leading angel networks will be part of the mentoring the entrepreneurs.

Eligibility Criteria
To participate in Propero 2012, the venture MUST be:
•         A registered business (not just an idea)
•         An India-based registered entity
•         In existence for at least six months as on December 20, 2011
•         A venture with a clear-cut offering that is defensible
•         Innovative in operations, product or service, or marketing
•         Has gained some traction (customers, markets, prototype, etc.)

Timelines
The last date for entrepreneurs to submit their investment profiles is December 20. The final one-on-one presentations to the investors/ bankers will be held during February 24-25, 2012 at the ISB campus, Hyderabad.

Enticing the Entrepreneur

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