The Indian Institute of Technology in Hyderabad (IIT-Hyderabad) has announced the launch of a certificate program in business model innovation. The program, developed in partnership with Business Design Lab, is aimed at senior design and strategy practitioners, as well as business executives, entrepreneurs, and entrepreneurs.

IIT-Hyderabad in its statement mentioned, “Businesses, whether big or small, must pivot their business models and strategies to stay relevant in the market. With unprecedented challenges emerging every day, strong leadership skills, a humane approach to building superior business models is imperative.”

The course is specially curated focusing on the market needs. Through the programme, the candidates can identify opportunities and design real-time experiments for discovering market needs and validate their riskiest assumptions, as per IIT-Hyderabad.

The application process has started, candidates can apply through the website- iith.ac.in. The programme enrollment will be on a rolling basis, the batch will have a maximum strength of 20 students.

Dr MP Ganesh, program director and head, department of Entrepreneurship and Management, said, “We would like to enable businesses especially mid-size growth stage ventures, by providing contextual learning interventions, that prepare them to grow and scale their businesses by reducing their investment risk; thereby contributing to society by creating jobs and better value for all”. The application process will be closed on May 7.