You lea when you see. This is the idea behind the Entrepreneurship Awareness Drive (EAD), one of the flagship events conducted by the Entrepreneurship Cell of IIT Kharagpur across the country in the run up to its Annual Business Model Competition, Empresario. At Empresario, organised in association with the International Business Model Competition (IBMC), business ideas in all fields, ranging from product and service to social, get equal opportunity to win prizes and incubation opportunities to the tune of Rs 2.5 crore. Enterprising college students from the Chandigarh region will get an opportunity to participate in one such EAD with the Chandigarh University hosting it on October 16. The EAD-Chandigarh, a three-hour event, will feature a series of guest lectures and workshops, where students can get to lea from the ‘achievers’ of society, add to their knowledge and get an insight to what happens after they ‘start up’.
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In a communiqué shared with lifeinchandigarh.com, the online media partner for this year’s events, Entrepreneurship Cell, IIT Kharagpur said, “EAD also coincides with the launch of our regular round registrations for the Annual Business Model Competition, Empresario 2019, which is being organised in association with IBMC. The best entries in this competition will get an opportunity to participate directly in the quarter-final rounds of IBMC 2019 to be conducted abroad.
“About 25% of the entries in Empresario in the past have been from among participants of EAD, which underlines the impact of this unique initiative towards motivating young minds towards entrepreneurial thought and action. As many as 30,000 students from 158 colleges participated in EAD 2017, with 24 colleges in as many cities associating with us to conduct the EAD in their respective campuses. We look forward to even bigger numbers this year. During such drives, many colleges evinced interest in setting up entrepreneurship promoting bodies of their own for the benefit of their students.”
For more details, log on to www.ead.ecell-iitkgp.org
Facebook page : www.facebook.com/ecell.iitkgp
Local Startup Meet
The Entrepreneurship Cell, IIT Kharagpur also announced the Local Startup Meets (LSMs), one of its recently launched flagship events, in six Tier 1 cities – Hyderabad, New Delhi, Bengaluru, Gurgaon, Mumbai and Pune – with a view to address the primary problems of an early stage startup.
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The communiqué said, LSM, a well-curated, by-invitation-only event, will see participation from angel investors, venture capitalists and influencers besides early stage startups and a few Alpha stage incubated startups. The events will be conducted in association with ecosystem partners like Axilor Ventures, Omnivore Partners, GHV Accelerator and many more. The main agenda of the event will be to come up with constructive and practical solutions which can be implemented with ease.
This year the presence of eminent personalities like Sanjay Enishetty (CEO – 50k Ventures), PS Sreekanth (Investment Director – Hyderabad Angels), Premanshu Singh (CEO – Coverfox), Murali Krishna (Investment Manager – Parampara Capital) and Uday Reddy (CEO – Yupp TV) will provide a vision to the startups en route to success. Startups will get to interact with the venture capital firms and startup communities in their respective regions.
The LSMs are being methodically structured. They will consist of a networking session, pitching session for selected startups from products and services track, a panel discussion on ‘Raising Early Stage Venture Capital’ and the Lean Startup Drive targeted at the alpha-beta stage startups to familiarise them with the concept of going lean and to understand the rapidly evolving market needs.
So, if you are an early stage startup on the lookout for funds, mentoring and ecosystem support, log on and register at ead.ecell-iitkgp.org/comingsoon. The event is also open to individuals who are currently working on their Alpha product in their respective city.
About Entrepreneurship Cell, IIT Kharagpur
Entrepreneurship Cell, IIT Kharagpur is a non-profit student organisation established with the aim of fostering the spirit of entrepreneurship among college students in India. It is claimed to be one of the most successful entrepreneurial organisations in the country with over 50 startups incubated within 10 years of its inception.