Social Entrepreneurship The Power of Partnership: Govt, Industry & Academia
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1 Social Entrepreneurship The Power of Partnership: Govt, Industry & Academia Acting, Global Higher Ed Manager, Intel Corporation & Corporate Affairs Manager, Intel South Asia 30, April 2008
2 The Innovation Cycle at Intel Education System Create tangible impact to people Government Industry Robust education system to foster creativity Academia Entrepreneurship Innovation Create an R&D system to nurture smart ideas
3 Innovation in Emerging Economies -Social Entrepreneurship & Incubation at Intel India Technology: Develop Tomorrow s Solution Invent Money: Secure Tomorrow s Platforms Invest Accelerate Innovation Discover Knowledge: Expand Tomorrow s Wisdom Health Education Idea Creation Sustainability The Missing Link Grass root Solutions: Needs in search of ideas
4 IMPACT Investments Students Faculty & Schools Government Intel+UC Berkeley Biz Plan competition SPIN OFF Intel Innovation Scholarships Intel s Leadership Forums CORPORATE SOCIAL RESPONSIBILITY (CSR) Segment Partnership In India Intel India Department of Science & Technology (DST) Government of India Indo-US Science & technology Forum (IUSSTF)
5 Case Study: Aravind Eye Hospital Largely rural district of Theni in Tamilnadu Main hospital connected by WiLD links to 5 rural Vision Centers Links are between kms with repeaters at 10 km for longer links Main hospital uses a 42m tower while rural Vision Centers have rooftop / pole mounted WiFi routers Hospital and vision centers use commercial video conferencing software for remote consultation Sustained link speeds of 2Mbps+ makes video conferencing possible Not much WiFi interference observed in the area
6 Vision Center Economics Vision center setup cost: $4000 (once) Cost of Link: $1000 (once), towers $2000 (approx) Operating Cost: $150/month Average revenue per center: ~$450/month Break even Assuming $10000 capital cost per center About 2.5 years 9 vision centers operational; 13 under construction, 50 more planned next 2 years
7 Partnership vision Technology that transforms the way we educate, work and live
8 Social Entrepreneurship Framework - Intel India Example Short listing Decision Explore/ Share/ Drop Decision E. Disposition to Intel Develop within Comsol framework using seed funding + resources What are we looking for? Potential Sources Steering/ Screening Committee Innovation Sandbox Move to Ideas to Reality funnel A. Pre-Explore Social problem/need that technology can help address which doesn t have an adequate solution, not necessarily constrained to Intel based solutions B. Exploration 1) NGOs / Community 2) Business 3) Incubators & 4) Academia C. Steering Committee Is this Making business sense Social sense Unique/Innovative D. Further nurturing Mentoring F. Disposition to ecosystem University incubator or Academia Venture Capital (Intel/Others) Government Conceptual Clarity what are we looking for Pool of ideas that can be put to the steering committee for consideration Ideas that can be taken forward for commitment by Intel / sharing with others Fine tune idea by rapid prototyping and business plan creation feedback to the steering committee Project manager Intel takes over or Handed over to others
9 Program Objectives Current Focus Future Directions Curriculum Curriculum not aligned to industry requirements Multi Core, VLSI Programs ~ 550 Tech schools WW enabled Enable next generation delivery systems to make the initiative scalable & align with biz Research Limited pipeline & incentives to start local R&D Research Grants Academic Forums & Scholarships ~ 150 schools Focused Research, IP Creation & PPP models Technology Entrepre ship Tremendous Potential for Innovation Develop the ecosystem on Tech Entrepreneurship Create potential for strong economic Impact. Align with social themes Pipeline Weak Pipeline of Employable or Industry Ready students PhD fellowships & programs for Semiconductor Industry Realign programs in student segment to industry employability at large Focus : * Innovation * Citizenship * Industry Leadership
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