Launch of Entrepreneurship program at GSSSIETW on 9th April 2018

Launch of Entrepreneurship program at GSSSIETW on 9th April 2018

A one year program on entrepreneurship and business management was launched at GSSSIETW college on 9th April 2018. Thirty participants have enrolled in the program, including 26 students and 4 faculty members. The program is being conducted by Entrepreneurship Development Institute of India (EDII), a National level apex institution promoted by IDBI Bank Ltd, SBI, ICICI Ltd, IFCI Ltd and Govt of Gujarat.

The objective of the training program is to develop entrepreneurial engineers, who by developing the entrepreneur skills, shall become the leaders / achievers in their future endeavors, although there shall be more focus on promoting technology startups among the students. The inputs of the training program will be:

• Steps in starting an enterprise – Statutory aspects, registrations, licenses, whom to contact for what etc.
• Developing self as Entrepreneurial – Entrepreneur competencies, Simulation Exercises etc. with experiential learning
• Idea Generation – How to generate innovative ideas, Problem Solving, Scouting for Business Opportunities etc.
• Feasibility Study and Market Research – Finding out the feasible business opportunity. Conducting a Market Research. Data Analysis. Converting Ideas to Proof of Concept.
• Writing a Business Plan – How to write a business plan
• Business Pitch to Angel Investors – Angel Investors shall be engaged and the students will pitch their ideas to the Angel Investors, so that viable ideas shall be funded
• Inputs on Business Management – HR Management, Financial Management, Marketing Management, Digital Marketing, LEAN Management, IPR, Export Business etc
• Business Lab – The student teams shall start a business and run it for two months and present their P&L statement, Cash Flow Statement and Balance Sheet for those two months, with cash rewards for top three businesses

All these inputs will be given in a phase wise manner, to ensure quality inputs and result oriented training.

With these inputs, the participants will get all the necessary training to develop themselves as “Corporate Entrepreneurs” who are the first choice for the employers / corporates.

The sessions will be handled by experienced faculties from EDII and other agencies such as IIM-B, NID, DRDO, Innovation experts, Management experts, Angel Investors, Bankers, Export Promotion Council etc.

Dr.Raman Gujral, Incharge, Southern Regional Office, EDII, Bengaluru inaugurated the program. Mr.Yeshaswi Nag, Project Officer, EDII, Bengaluru was present with him, along with Shri.R.K Bharath, CEO, GSSSIETW, Dr.Shivakumar.M, Principal, GSSSIETW and Dr.Padmashree, Head, ED Cell, GSSSIETW

Dignitaries at lighting of the Lamp for the launch of the Entrepreneurship Training Program

Group Photo of the enrolled students.
Shri.R.K.Bharath, CEO, GSSSIETW, Dr.Shivakumar, Principal, GSSSIETW, Dr.S.Padmashree, Head, ED Cell, GSSSIETW, Dr.Raman Gujral, Incharge, Southern Regional Office, EDII, Mr.Yeshaswi Nag, Project Officer, EDII are also present

Dr.Raman Gujral, EDII, addressing the gathering

Students and Faculty members of GSSSIETW during the program launch