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Oracle – 1Mby1M Scholarship Application


What do you call someone who would like to become an entrepreneur –
but within the safety of being an Oracle employee?

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An Oracle Intrapreneur!

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This is your opportunity to:
1) Take your career to the next level
2) Learn and grow professionally
3) Develop advanced business skills of intrapreneurs

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We want you to become an intrapreneur, but it’s not an easy task. It’s actually a lot of work. With support from Oracle and guidance from the 1Mby1M program, you could develop the right skills to be an entrepreneur.

You can win a scholarship for a year’s worth of training in the 1Mby1M virtual accelerator to teach you how to be a true entrepreneur. To win, you need to apply. The process of applying is the first step in developing your skill as an innovator at Oracle. We’re looking for individuals and teams with the passion to be better, to be innovators, who are interested in developing useful and promising concepts that can be turned great Oracle products.

Scholarships are only open to employees of Oracle. And to get in the game, you need to apply. Applicants need to complete and submit an application by Tuesday, April 16, 2019.

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Format: Submit your application essay as a Word document or PDF. No PowerPoints and plain emails. Submit a professional looking document. (Ask yourself: would my college professor approve? Your essay and the way it looks speaks volumes about you.)

Your application should be in the form of a minimum 500 word, college-style essay. This essay must articulate your desire to develop your business acumen. Give us a sense of where you will focus your yet-to-be determined idea (please do not articulate any exact ideas as those need to be vetted in the program itself). You need to be resilient — we need to hear that in your essay. Demonstrate your understanding of the One Million by One Million program benefits. Help us understand why you feel it will make you a better Oracle employee. We want applicants who want to create and execute their to-be-determined product ideas for Oracle using the knowledge gained from the One Million by One Million program. Most of all, we need to hear your commitment to using the One Million by One Million methodologies to ultimately develop a product idea for Oracle.

BEGIN YOUR SUBMISSION WITH:

1) Your Name

2) Domain Expertise/Area of Passion

3) Contact Information – Phone & Email

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Use the following questions as your guide:

  1. Why do you want to learn to be an entrepreneur? What is your understanding of the 1Mby1M program? What do you expect to get out of it?
  2. How many roundtables have you attended? What have you experienced during those that compels you to apply for this scholarship?
  3. Do you have experience with online learning? Discuss something you have learnt on your own by using an online learning platform. What do you find is good and bad about online learning? Can you handle a largely self-motivated program where you have to do 80-100 hours of online learning on your own?
  4. Have you ever tried to present a new idea to your management at Oracle or at another employer? Please describe your experience. What worked? What failed? Why?
  5. Do you know how to sell a new idea to your senior management? Have you ever been successful at this?
  6. Do you know how to sell a new idea to an investor? Have you ever been successful at this?
  7. What is your long-term aspiration at Oracle? What is your long-term ambition in the next 10 years, at Oracle or outside of Oracle? How do you feel this program will help you achieve these goals?

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Send your completed application essay and any other questions you may have by email to Maureen Kelly at maureen@1mby1m.com.

Winners will be announced on Thursday, April 25, 2019.

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For a clear picture of Best Practices for Intrapreneurship, please click here.

To learn more about 1Mby1M, please click here.

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Testimonials

“1Mby1M is a very helpful program, and Sramana is very well connected in the industry. When we were looking to talk to investors, Sramana introduced us to multiple investors, and also acted as an advisor helping us navigate complex term sheet clauses like tranche financing and liquidation preferences. 1Mby1M also helped us win the $40,000 Microsoft BizSpark Startup Challenge Grant by helping us refine our pitch, market sizing analysis, and other details. I would enthusiastically recommend the 1Mby1M program for first time entrepreneurs and technical founders who need help with understanding other aspects of running a business.”

Girish Mathrubootham,  Founder & CEO at Freshworks – Raised $484 Million in Funding and went Public on Nasdaq with a $10B+ Valuation

“Working with the 1Mby1M team is perhaps one of the best decisions I’ve made on the spur of the moment. I was tracking 1Mby1M for a while and used to get their e-newsletter. I was always cynical about the pay to play model in the Bay Area. I tested the model quite late in our evolution on a whim and was surprised by everything. It was the best $1000 spent. I would strongly urge founders who are at the ideation stage to sign up – you will save yourself a lot of time, trouble and resources. Through 1Mby1M, I was introduced to Warren Weiss, a renowned former sales executive who worked with Steve Jobs at NeXT, and is now a successful VC in Silicon Valley.”

Dharmesh Singh,  Co-founder and CEO, Fullcast - Raised $4 Million in Series A Funding

“I joined the 1Mby1M Premium program in 2020 and had a very good experience interacting with Sramana. Her inputs during the private roundtable sessions added a lot of value; she addressed the exact objectives I had. She also made a number of valuable introductions. Overall, the program had a very positive influence on our journey.”

Abinash Saikia,  Co-founder of EnCloudEn, Acquired by Quantum Corporation in 2021

“The 1Mby1M program has been a phenomenal help to us. Within days of joining, Sramana introduced us to some key folks in the industry and helped open new doors for us. Her advice is real, focused, and actionable. I would highly encourage entrepreneurs, especially first-time entrepreneurs, to leverage the program. Many thanks for all the help, support and mentorship through the years.”

Vikrant Mathur,  Co-Founder at Future Today

“Working with Sramana Mitra and the 1Mby1M Premium program has been invaluable for Adya as a bootstrapped company to better understand how to best position the product and the company while working within constraints. Sramana has a very fresh perspective that promotes bootstrapped startups making slow, steady progress while rejecting the need for institutional investments. This also makes companies better targets for acquisitions. Thanks to her introductions, we were able to pitch Adya to the right companies at the senior executive levels. This led to, I am happy to say, an acquisition of Adya by Qualys! Without Sramana, this happy outcome would likely not have happened.”

Deepak Balakrishna,  Co-Founder and CEO, Adya (Acquired by Qualys)