avanti fellows tanuj jhunjhunwala tanay chourasia
TRANSCRIPT
AVANTI FELLOWSTANUJ Jhunjhunwala
TANAY Chourasia
About Avanti Fellows• Avanti Fellows is a social enterprise which provides
mentorship and coaching for financially weak but meritorious high school students to crack entrance exams of prestigious institutes for undergraduate studies.
• Predominantly student-run organisation.
• Currently working with over 150 student volunteers across 7 cities.
• Over 3000 students from 400 schools across India took their selection test this year.
About Avanti Fellows• A Pan IIT Alumni India Initiative
• Founded in March 2010
• Largest organisation of their kind in India
• An adaptation of online mentoring programs in the USA
• Winner at Stanford Social E-Challenge 2010 ($100,000)
Vision & Mission• Vision – “All bright and motivated students from low
income homes should have access to a top quality undergraduate education and the means to utilize this education to their greatest potential.”
• Mission – “We identify bright and motivated high school students and help them gain admission to and succeed at premier universities by providing them access to training, mentoring and financial aid.”
Value to Intended Beneficiary• Motivation, encouragement, knowledge, resources
• Mentors guide Fellows through high school and preparation for entrance exams – acting as guides, friends and role models
• Coaching is provided through collaborations with top coaching institutes in various cities
• Fellows have access to a Book Bank consisting of textbooks / notes / question papers given by IIT students
Selection Procedure
• Giving short introductory lectures in Schools
• Increasing awareness about colleges in India
• Application
• Aptitude Test
• Criteria: Financially Weak
• Reach out to homes
Mentorship Process
• Partnering with coaching institutions
• One mentor is appointed to one fellow
• The mentor motivates and encourage the fellows
• Mentors solve their doubts, concerns from parents
• Bi-weekly test (PCM) to track progress, improvement
• Not only for entrance exams but for high school studies
also
President(Co-Founder)
CEO(Co-Founder)
Director (Business
Development)
Director (Operations)
Institute Core
Mentors
Managers
Mentorship
Communications
Hierarchy
KrishnaOn the cover page of Outlook Magazine
(1st from right)
Established Geography• IIT
• Mumbai• Delhi• Madras• Roorkee• Kanpur
• JNV Puducherry• Dehradun
• Expanding to Maharashtra CET colleges, Delhi Technical University and other Tier-2 colleges.
Economic Model
• Initial angel funding by a Mumbai based businessman Amal Parekh (Founder, Om Stock Brokerage)
• Donations from other sources
• 50% Tax Benefit on donation
PROFIT DONATION
HYBRID SPECTRUM
Knowledge Mentorship
Transactions
MentorsAvanti
Fellows
DonorCoaching
Institutions
Fellows (IB)
Seats
Publicity
Satisfaction
Res
ults
/Pub
licity
Kno
wle
dge
Opp
ortu
nity
R
esou
rcesF
unds
SWOT Analysis
Opportunity Explore Exploit
Threat Escape Engage
Weak Strong
Resources• Human Resource
• Knowledge, Experience, Self-motivation of mentors
• Finance• Through donors
• Technology and Infrastructure• Physical infrastructure required for conducting sessions and exams
• Organisation & Management• Corporate team, Core team, Managers and Mentors
• Networks and Relations• Relations with Schools and Coaching Institutes• Networks such as Facebook
Challenges Faced
• Language
• Motivational
• Dropout
• Costs
• Mentorship during vacations
Prognosis
• Converting to a slightly profit oriented financial structure
• Started a Fixed Deposit with the first corpus donation
• Expansion to other streams such as Medical etc.
• Expansion to 2nd Tier colleges such as Delhi Technical
University, VJTI Mumbai
• Growth in the number of fellows
• To improve the selection procedure
Acknowledgements
• Mr. Naga Reddy, Director (Operations)
• Adhiraj Alai (Avanti Core Team, Chennai Chapter)
• Soham Chokshi (Mentorship Manager, Chennai Chapter)
• Aniruddh Padia (Mentorship Manager, Puducherry
Chapter)
THANK YOU