1

SOCI AL
CONUNDRUM
Aayushi Priya Naman Shankar

Indian Institute of Technology Kharagpur

YIAL (YOUNG INNOVATION AND 22
ACTION LAB ) PROGRAMME As of 31 jan 2023, Bal Raksha Bharat have
conducted 8 YIAL workshops with 150 youth
INTRODUCTION in 5 states.
Odisha, Bihar, Delhi, Mahrashtra, West Bengal

This program by Save the Children empowers young people to No media coverage
tackle community challenges through innovation & entrepreneurship. IMPACT No information on programme on website
of Save India’s page

OBJECTIVES No updates on social media after last Jan

specifically on this programme

Empower youth to address local challenges with

creative solutions.
Foster a culture of innovation and problem-solving
among young people. PROBLEM
Provide resources and support to translate ideas into
tangible solutions for community development.
STATEMENT
Conduct a comprehensive analysis of the existing
landscape of YIAL participants in remote locations,
KEY COMPONENTS covering geographical distribution, demographics,
sectors and enterprises, & existing support systems.

Research and map potential investors interested in

supporting early-stage ventures driven by young
entrepreneurs from remote locations.

Analyze the key barriers preventing connections

WORKSHOP MENTORSHIP PROJECT between remote YIAL entrepreneurs and investors.
IMPLEMENTATION
Develop a sustainable and scalable solution that
effectively addresses the identified barriers and
fosters long-term relationships between YIAL
entrepreneurs and investors.
ENTREPRENEURIAL ACTIVITIES AND
ENTREPRENEURSHIP ECOSYSTEMS IN INDIA INVESTMENT SCENARIO 3
CHALLENGES

3
rd
largest startup
2-3 TECH STARTUPS
ecosystem in BORN EVERY DAY LIMITED TRACK
the world LACK OF
RECORD NETWORK

26000
It implies that youth of the country Total entrepreneurship STARTUP LIMITED LIMITED
has now perceived that they have activities rate in India has
better opportunities and they are increased from 9.3% in FINANCIAL INDUSTRY
more capable with well-defined 2017–18 to 14.4% in RESOURCES KNOWLEDGE
intention to start the business. 2021–22.
They are also thinking that starting Significant impact of
a new business is easier than a covid
few years back.

The top 15 deals constituted about 40% of total deal value,

About 86% of youth
demonstrating that most funds are valuing deal quality LACK OF
COMPETITION
perceived that they have more than quantity. FOR FUNDING
AWARENESS
sufficient skills and
knowledge to start a In India, startup funding has declined to a five-year low
business. figure in 2023 — $7 billion as compared to $25 billion
received in the previous year
Among female adults, TEA
has increased significantly
as 12.3% of the total
female population is
engaged in
entrepreneurship in India
as compared to 16.3% of
the male.

Experts have also given their suggestions and recommendations for

improving overall entrepreneurial ecosystem of the country. The four
major points given by the experts are to improve financial support,
education and training, government programs, and culture and social
norms for entrepreneurship development in the country.
 BIHAR
4
FUNDING STARTUP INDIA
STANDUP INDIA
WAYS PARDHANMANTRI
KAUSHAL VIKASH YOJNA BIHAR START-UP POLICY
ATAL INNOVATION ODISHA
CROWDFUNDING MISSION
MAKE IN INDIA
SKILL INDIA- KAUSHAL 1. Assistance for Idea Enhancement STARTUP ODISHA
BHARAT KUSHAL BHARAT
GOVERNMENT NATIONAL SKILL 2. Seed Grant: YIAL is eligible for a seed
grant of up to Rs 10 Lakhs as an interest- 1. Monetary Benefits- Monthly
FUNDING DEVELOPMENT MISSION allowance of Rs.20,000 (Rs.22,000/-,
DIGITAL INDIA free loan for 10 years. This financial
if the startup Founder (s)/Co-
SEED(SCIENCE FOR EQUITY assistance will be released based on Founder (s) are Women or
EMPOWERMENT AND achieving milestones and performance transgender or from Social
DEVELOPMENT parameters defined in the rating system. Categories such as SC/ST/SEBC/PH.
INVESTOR In such a case, Woman or
3. Intellectual Property Support: The transgender or SC/ST/SEBC/PH
government will bear all costs associated should have at least 50% equity in
with filing domestic patents for YIAL. the startup entity.), which may be
provided to a ‘recognized Startup
BEFORE INVESTORS 4. Assistance for Acceleration entity’
Programs: YIAL can receive assistance of 2. Financial Support for event
up to Rs. 3 Lakhs to enroll and participate Participation
in nationally or internationally recognized 3. Subsidised Incubation
PROTOTYPE OR acceleration programs. The fees and
REFINE IDEAS BUSINESS PLAN charges for attending these programs will
MVP
be considered eligible for reimbursement.
STARTUP YATRA 2023
1. Acceleration programme
2. Mentoring and incubation support
3. Cash prices
4. legal and compliance support

PITCH DESK FINANCIAL PROTOTYPE OR

PROJECTION MVP
 5
FINDING POTENTIAL INVESTORS
NEEDS ASSESSMENT & PARTICIPANT PROFILING
Assessment to understand the specific SEGMENT
challenges & opportunities faced by YIAL
participants in remote locations.
Profile participants based on their ONLINE PLATFORMS AND DATABASES
S
innovative ideas, skills, and readiness for
investment.
AngelList, Crunchbase, Gust,etc.
Social media platforms like LinkedIn, Twitter, &

O
IDENTIFY POTENTIAL INVESTORS
Facebook to identify and connect with individual
investors, venture capitalists, and angel investors in
identify potential investors interested in
supporting youth-led initiatives and social
India REACH OUT,ADVERTISE

L
Identify angel investor groups operating in India, such
enterprises.
as Indian Angel Network, Mumbai Angels, and Chennai CAUSE
Angels

U
ONLINE PLATFORM DEVELOPMENT

Develop portal to showcase projects &

connect YIAL youth with investors.

T
Features for investors to express interest,
ask questions, and provide feedback. BY OFFLINE NETWORKING
Networking Events and Conferences INVITATIONS AND
INVESTOR PITCH EVENTS AND NETWORKING

Organize virtual & in-person investor pitch

events where project can be showcased to
I Investor Meetups and Pitch Nights
Industry-specific Gathering
Entrepreneurship Hubs and Coworking Spaces
ORGANISE EVENTS

O
potential investors.. Business Chambers and Associations
Connect participants with investors who Investor Clubs and Syndicates
have aligned interests.

PARTNERSHIPS AND COLLABORATIONS

Forge strategic partnerships with

N
S
organizations, institutions, and industry
stakeholders to expand the reach and
impact of the investment program.

Contact details for administrators,
support staff along with FAQs, help
guides
Overview of YIAL’s purpose and objectives.
Calendar of upcoming investor
pitch events, workshops, etc.
Latest news and updates about
announcements, partnerships, and
success stories.
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FEATURES OF PORTAL
1. User Registration and Profile
Creation: Enable YIAL participants to
sign up and create detailed profiles
showcasing their projects, startup ideas,
skills, and funding needs.
2. Project Listing and Showcase:
Provide a platform for users to list their
projects or startup ideas, including
descriptions, images, videos, and
funding objectives, creating a
comprehensive showcase for potential
investors.
3. Search and Filtering Functionality:
Implement search and filtering features
that allow investors to easily discover
projects based on criteria such as
industry, stage, funding needs, and
location, facilitating efficient
matchmaking.
4. Messaging and Networking Tools:
Incorporate messaging and networking
functionalities to facilitate direct
communication between YIAL
participants and investors, enabling
them to discuss collaborations and
funding opportunities.
 FEATURES OF PORTAL
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Direct way to
Filter according Project card listed contact without
More details on project, about
with little any hustle
to sector founders, contact details, funding
description, sector needs and also working prototype
and founders
 TO TO 84
KEY METRICES TO MEASURE SUCCESS
INCREASE INCREASE
REACH REACH
Number of YIAL Participants Reached
Organize interactive
SOCIAL Investment Secured workshops and hackathons
MEDIA focused on solving real-world
challenges faced by
communities. E.g. social
Number of Projects Funded conundrum :)

Collaborate with schools,

colleges, universities, & Jobs Created
community organizations to
promote YIAL to their networks. YOUTH
Social Impact Metrics AMBASSADOR
LOCAL OUTREACH CAMPAIGNS PROGRAMS
Participant Satisfaction
Flyers, posters, & local media
channels.
Community events, festivals, & Investor Engagement:
gatherings as opportunities to
promote YIAL
Program Growth and Reach

Portal reach
 9
REFERENCES

Thank you !
https://twitter.com/balrakshabharat/status/16204012
52214652929
https://www.instagram.com/p/CoFJyaVBOg_/?
img_index=1

https://www.gemconsortium.org/economy-
profiles/india

https://balrakshabharat.org/

https://www.startupindia.gov.in/content/sih/en/intern
ational/go-to-market-guide/indian-startup-
ecosystem.html

https://www.slideshare.net/vishaltidake/various-govt-
schemes-for-startups-vmt

https://state.bihar.gov.in/industries/cache/26/01-Jul-
22/SHOW_DOCS/circular-td-1502-dtd-27-06-
22%20English.pdf

https://www.upsilonit.com/blog/startup-success-and-
failure-rate