13 year old entrepreneur: Anshul Samar

Post by: kartik on March 20th, 2008 | File Under Indian Entrepreneurs

Create, Combat and Conquer!

This is the mantra that Anshul Samar, a 13 year old kid utters with deep conviction. He is the CEO of elementio.

He is the creator of the Elementeo game. He is an 8th grader in Cupertino, California. Since his elementary days, he has always dreamed of designing and creating a cool product of his own, and having his own company. So, what exactly is elementio?

Well, the answer is that elementio is a card game with a twist. It is primarily intended for elementary kids to have fun and at the same time build knowledge in chemistry. There are basically 66 different cards and each card has a role in the “army.” Each card will have information regarding what a specific compound, element or a reaction does in the real world as well as in the game. Thus you “CREATE, COMBAT and CONQUER” your enemies by reducing their IQ to zero.

Check out his speech here:

They are currently seeking funding from the VCs and they have two primary goals.

*To raise a million dollars in revenue by the end of the coming year.

*To feature in the list of top 10 educational games in the Amazon list.

Popularity: 16%

The spark for your idea

Post by: Akash Xavier on March 9th, 2008 | File Under Entrepreneurship, Indian Entrepreneurs, Investors and VCs, Resources, Startups

Seed funding/initial investment is what I mean by spark.

There are ideas that don’t need too much of funding, but most require the cash to scale their startup.

Here are the results of my search for my venture. Maybe these links/contacts might help you someday when you want to bootstrap an idea.

SeedFunding and Mentoring Companies

The companies below will fund you upto $15000 in return for 2-8% stake in your company. They will provide you with resources, mentors and also setup a platform to pitch-in more investors and VCs to get more funding.

Applications for these programs are currently being accepted. That the applications for LaunchBoxDigital will be accepted until March 14th. Last date for applications for YCombinator is April 2nd and for TechStars its March 31st. And please do note that every program has only specific number of spots. Total spots are around 30. So play safe and apply for all the three.

This post is an unusual one since my posts are often long, but just thought I should keep it to the point.

Popularity: 14%