Crafts Business Incubator Program

Crafts Business Incubator Program by IICD, IIM Udaipur Incubation Centre & NICEorg Supported by SBI Capsecurities

Duration : 3 Months

Fees : No cost to participants.

No. of participants: A cohort of 12 participants only

Who can apply: Entrepreneurs with ventures in the craft sector, who wish to make a social impact through Crafts based businesses. Women and artisan entrepreneurs are encouraged to apply.

Aim of the Program : The programme focuses on building business capabilities of early stage craft entrepreneurs through guidance from faculties, experts, industry leaders and mentors.

Last date of application : 4th Feb 2022

Program Information

IICD in collaboration with IIM Udaipur & NICE, supported by SBI Cap securities, announces admission for 3 months Crafts Business Incubator Programme. The program has 15 days of immersive modules, spread over 3 months with curated mentoring sessions between each modules. The programme is intended for early stage businesses operating in the area of ‘Crafts’. The programme focuses on building business capabilities of early stage craft entrepreneurs through guidance from faculties, experts, industry leaders and mentors. The programme is completely free of cost to participants, thanks to the support by SBI.

Modules & Contents

The objective of the programme is to build deep understanding of business knowledge relevant to the crafts sector along with sharpening domain capabilities. The programme will be delivered through hybrid mode with 15 days of in-classroom/hybrid sessions spread across 3 modules.

Module I (21-25 February 2022) I IICD Campus Indian Crafts Sector : Business Opportunities & Challenges Understanding Craft Businesses Consumer Behaviour & Understanding ‘Craft Consumer’ Branding & Positioning Marketing Communication Retailing Digital Marketing Online Marketplaces & Digital Platforms for Crafts Product Photography for Digital Platforms Packaging for Crafts - E-Commerce & Brick n Mortar Field Visits Module II (April 2022) I IIM Udaipur Campus Legal Basics of Business Understanding Finance Creating Business Plan Expert Practitioner Sessions Field Visits Module III (May 2022) I IICD Campus Fundraising Strategies & Funding Sources Getting Investment Ready Government Schemes for Crafts Businesses Bank Loans Pitch Presentation Strategies Practice Pitches Investor Pitches

Expenses

The programme is offered free of cost to the participants. The stay and food expenses of the participants for the 3 modules will be taken care of by the programme. The participants only need to bear the travel cost for the modules.

Seats

There are 12 seats open to participants for the programme.

Application Procedure

Interested participants should fill the application form available on IICD website. Application link and guidelines are mentioned below.