Business Ideas, Innovation, Startups

The hunt for the next big startup in India begins

Birla Institute of Technology and Science (BITS), Pilani, in collaboration with CampusStory – a YourStory initiative, brings to you BITS Pilani Entrepreneurship Conclave. Here’s an opportunity for budding entrepreneurs to showcase their innovative products and services. North India’s largest summit of its kind, the conclave will take place on March 30, 2019, as a part of APOGEE, the annual technical festival of BITS Pilani, on Pilani Campus.

BITS PILANI-BPLAN competition

BITS Pilani Entrepreneurship Conclave, powered by ABInBev Innovation Brewery, aims to redefine entrepreneurship and product innovation, and build conversation on the new frontiers of startups.

Additionally, the conclave serves to provide next-gen founders with an opportunity to showcase their budding ventures at a national platform to top mentors and investors. With exciting prizes and rewards for the winners, Pillani Entrepreneurship Conclave is the ideal platform for all ambitious entrepreneurs to showcase their vision and business acumen.

Save the date

March 30, 2019

Venue: BITS Pilani, Pilani, Jhunjhunu, Rajasthan – 333031

The conclave is set to have three flagship events, including a B-Plan Competition, keynote talks by the who’s who of the Indian startup ecosystem, and workshops to help participants develop the necessary skills to thrive in the ecosystem.

In addition to being a part of this platform, you will have a chance to:

  1. Present your startup at the BITS Pilani Entrepreneurship Conclave in front of India’s top investors and founders.
  2. Have a go at Speed Dating – Investor Networking: A platform to build associations and connections with some of the top professionals of the country.
  3. Network with other startup founders extensively.
  4. Win exciting prizes and goodies worth Rs 1,00,000

Click Here for more details –  https://yourstory.com/2019/02/bits-pilani-entrepreneurship-conclave/

Education

Apprentice Program was re-launched in 2016 in India

I would like to draw your attention to https://apprenticeshipindia.org/
The Government of India had also launched the National Apprenticeship Promotion Scheme (NAPS) in August 2016, to promote the apprenticeship programme in India by introducing a package of financial incentive to establishments engaging in apprenticeship. This package is specially intended to support and promote apprenticeship in the MSME segment for enhancing its productivity and competitiveness as well capacity building.

The financial benefit has two components:
I. Reimbursement of 25% of prescribed stipend, subject to a maximum of INR 1,500 per month per apprentice
ii. Reimbursement for cost of basic training, up to INR 7,500 per apprentice for a maximum period of 3 months/500 hours.

I am keen to consolidate the views from startups/small businesses and help if anyone is getting benefitted.  Please directly message me for one-on-one discussions.

Thanks
Shashidhar | greenworkforce.in

Books, Education, Motivations, News, Startups

Global Startup Ecosystem Report – 2018

GSER-2018-v1

The intense and exciting life of a startup with all its ups and downs,
what a ride! This report cannot capture what it really feels like to
be inside any of your startups, inside Startup Genome or my VR
startup. What it can do is inform your decisions and priorities using
the power of the only deep and global dataset built from the voice
of thousands of founders with the support of more than 300 organizations
supporting startups in almost 30 countries—thank you!
This year, we focus on a development in the Tech sector that is
happening at an unprecedented pace and has deep implications
for founders and our economies at large: convergence. It is the
Third Wave. We are now producing true industry players, breaking
away from the “Tech” label. Many of our companies would now
be more accurately called by their industry focus, for instance as
transportation (Uber) and hospitality (Airbnb) companies.
This report dives into leading startup ecosystem sub-sectors (or
verticals) answering strategic questions for our global community
of founders, talent, investors and supporters: which sub-sectors
are growing the fastest, attracting investor attention, and creating
bigger successes? Where should I be present to benefit from a
thriving cluster of startups, and from institutions and corporations
that can provide IP, talent, customers, and channels?
We tackle the rise of Deep Tech, and along with it, of China. We
are not only creating disruptive business models with software, we
are increasingly creating tangible IP in AI, blockchain, robotics, and
accelerating the creation of IP in other sectors, such as life sciences
and even automotives.
We pursue our world-leading research as to the genome of startup
and ecosystem performance by quantifying on a global basis how
important are Founder Mindset and Local Connectedness—for
founders to develop quality relationships with each other, investors
and experts. Startup founders who are personally more connected
see their startups grow faster. Free-riding inside a connected
community doesn’t work. Not only that, we can now quantify an
ecosystem’s Local Connectedness and demonstrate that the ones
that build a deep sense of community—for instance where founders
help each other—perform better at producing scaleups.
Along with Global Connectedness and Global Market Reach, these
constitute the new genome of scaleups and high-performance
ecosystems. Funding and Talent are very important, but they are
not enough.
Finally, we are helping startups by advising governments and other
local leaders, focusing their policy and program action plans for
greater impact, and providing a broad set of validated metrics to
monitor progress. Along with Global Entrepreneurship Network
and Tech Nation (formerly Tech City UK), we have started delivering
national innovation policy strategies and program action plans.
And with the support of the Kauffman Foundation, we are clarifying
how to take action at the earliest stages of an ecosystem. A laundry
list or “just copy the old success story of [insert favorite example]”
doesn’t work. National context and lifecycle phase matters, and
we are going further.
This is your report, the report of the global startup revolution.
Let’s raise our voices together and change the world. Let’s build a
shared engine of economic growth and job creation in every city
in the world. And let’s share the wealth we are creating—at an
unprecedented rate—with our brothers and sisters and the next
generation. This is important.
JF Gauthier
Founder and CEO of Startup Genome

Click Here for the full report

Finance, Motivations, Networking

PRIVATE EQUITY & VENTURE CAPITAL OPPORTUNITIES FOR SMEs

Call for Registration 

Seminar on

PRIVATE EQUITY & VENTURE CAPITAL OPPORTUNITIES FOR SMEs

Friday, 23rd March, 2018 | Mumbai

SME Chamber of India is organising Seminar on “PRIVATE EQUITY & VENTURE CAPITAL OPPORTUNITIES FOR SMEs” onFriday, 23rd March, 2018 at Mumbai with the support of Government of Maharashtra and India International Trade Centre (Investment and Trade Promotion Organisation) and Maharashtra Industrial and Economic Development Association (MIEDA).

This seminar will provide unique opportunities to SMEs to understand how to obtain Private Equity for unique projects or innovative business ventures, growth and expansion, acquiring new technology, expand working capital as well as venture capital for new ideas or new businesses. This seminar will also highlight on formalities and procedures for acquiring PE/VC, preparation of attractive Business Plan, expectation from investors and interaction with Private Equity Funds / Venture Capital & Institutional Investor. SME Chamber of India has been regularly receiving interests from investors and PE / VC funds to explore investment opportunities in small & medium enterprises. 

Topics:

v  Private Equity investments in SME sector – Overview, Opportunity and Challenges

v  Types of PE Fund Investors and their Objectives

v  Difference between Risk & Growth capital

v  Private Equity Investment Opportunity – Formalities and Procedures  

v  Perceptions & Prospects from Private Equity Investors 

v  Evaluation strategies from Investors towards SMEs for Investments?

v  Review of trends in Equity Financing 

v  Preparation of Viable and Attractive Business Plan

v  Business Valuation & Legal Compliances

v  Understanding Exit Routes of Investors

v  Adaption of Good Governance and Business Ethics to improve credibility

v  Alternative Finance Facility for SMEs

v  Capital Market Access for SMEs

FOCUS SECTORS:

  • Engineering, Infrastructure, Automotive, Power, Food Processing, Pharmaceuticals, Packaging, Specialty Chemicals, Electricals, Electronics, Healthcare, Robotics, Clean Energy, Water Treatment, Solar Based unique products, Medical Devices & Equipments, products and equipments manufacturer for Defense, ICT, Environment as well as Value-Added High – Tech Industrial Products.
  • Start-Ups, Small Industries & Medium sized industries

PARTICIPATION FEE (PER DELEGATE):

v  For Members – Rs. 8,000/- Plus 18% GST 

v  For Non- Members – Rs. 10,000/- Plus 18% GST

v  For PE / VC funds / Banks / FI’s / NBFCs – Rs. 15,000/- Plus 18% GST

Note : 10% discount for 2 or more delegates attending from the same organisation

We request you to confirm your participation on or before 15th March, 2018.

Regards,

Saakshi Kulkarni

Director

SME Chamber of India

Registered & Head Office

5, Ground Floor, Samruddhi Venture Park, Adjoining Hotel Tunga Paradise, SEEPZ – MIDC Central Road, Next to Akruti Centre, Andheri (E) Mumbai – 400 093.

Tel: +91-22-61509800 | 66674444 | Fax: +91 – 22 – 28250414

E-mail: registration@smechamber.in Website: www.smechamberofindia.com

Click Here for the Registration form