Business Ideas, Business Plans, Mentoring, Motivations, Networking

E-Summit

17/01/2018 yazdi

For all things entrepreneurial, E-Summit 2018 is the place to be at!
“Life isn’t about finding yourself. Life is about creating yourself.”
If you are someone who holds similar thoughts and believe in seizing the opportunities that lay
ahead of you, The Entrepreneurship Summit 2018 is where you should head to on 27th January
2018.
E-Summit 2018 : A Zenith of Innovation is a platform where technologies of tomorrow will be
discussed, exhibited and future will be shaped with the hands of budding Indian Entrepreneurs.
It will demonstrate how startups of tomorrow will contribute towards building a better society,
economy, and government!
The E-Summit has something for everyone. Let’s take a look:
For Budding Entrepreneurs: Immerse yourself in competitions involving business cases,
pitching, develop cutting-edge products in hackathons, get inspired by our multifaceted
speakers, get your ideas validated by experienced mentors!
For Startups: Get the opportunity to receive funding from top investors in India, witness the
latest technology in exhibitions, hire interns and freelancers right away, inspire from stalwarts of
the ecosystem, learn various business development methodologies, network with other startups,
investors, etc.
For Investors & Mentors: Avail the best investment opportunities in startups through various
initiatives, network with sector-specific people, watch how innovation will disrupt the ecosystem
in coming years!
Excited? Join us at the Mecca of entrepreneurship, The E-Summit 2018. For more info visit
ecell.in/esummit

Business Ideas, Business Plans, Networking

MIT offering a new Entrepreneurship Online Bootcamp

09/01/201809/01/2018 yazdi

MIT is offering a new Entrepreneurship Online Bootcamp. It lasts 8 weeks and costs $2600.00.
You may want to join the Bootcamp and alert your members. Find more information at

http://www2.emeritus.org/programs/mit-entrepreneurship-bootcamp
It would be fantastic to have the Bootcamp experience.

Best Regards,

Natalie Gandhi

Thank you for expressing interest in the new program, MIT Entrepreneurship Online Bootcamp: From Idea To Startup In Eight Weeks. Whether you already identify as an entrepreneur or you simply have a yearning to explore a different path, this program will accelerate your skill development and open new doors.

The word ‘entrepreneur’ comes from a French word meaning ‘to undertake’. There are all sorts of myths out there about entrepreneurs being high-risk gamblers, but nothing could be further from the truth. They take on risk, but they learn to manage risk to their advantage.

In this video from Bootcamp program director Bill Aulet, he defines the often misunderstood practice of entrepreneurship and dispels the common myths about what it takes to be successful.

What Is Entrepreneurship?

Why Enroll In
MIT Entrepreneurship Online Bootcamp?

$42 Mn

Funding for participants in MIT’s Global E-Ship Bootcamps in 3 years

52 %

The world is operating at 52% of its entrepreneurial capacity

SOURCE: CNBC

8 Weeks

Go from idea to startup at the MITEntrepreneurship Online Bootcamp

Bootcamp Alumni Speak

START APPLICATION NOW

Need more information?

As the program advisor, I would be delighted to speak with you about whether this program is right for you and what you can expect to learn. The approach at the Massachusetts Institute of Technology (MIT) is learning by doing. You will have access to MIT Bootcamps coaches, who provide personalized feedback in real-time. Please contact me to learn more. I hope you’ll join us.

Raylon Vincent
Senior Program Advisor
EMERITUS
M: +13159825094
W: www.emeritus.org

Click here to schedule a call with me.

MIT is collaborating with online education provider EMERITUS Institute of Management to offer a portfolio of high-impact online programs. By collaborating with EMERITUS, we are able to broaden access beyond our on-campus offerings in a collaborative and engaging format that stays true to the quality of MIT.

Networking, Resources

IIT Bombay’s E-Summit 2018

06/01/201806/01/2018 yazdi

Business Plans, Networking

The Ten Minute Million (TTMM)

29/12/2017 yazdi

What Everybody Ought To Know About The Ten Minute Million

We all are aware of the lengthy and tedious process of fundraising which is essential for every startup in its early stages to succeed. To cut short this process and revolutionize the way fundraising is traditionally done, The E-Cell IIT Bombay launched first edition of ‘The Ten Minute Million’ (TTMM) 3 years ago. Currently into its 4th edition, TTMM has managed to help one out of every two finalists raise funding. The 4th edition is going to be held on 27th and 28th January 2018 at the E-Summit of IIT Bombay.

The Ten Minute Million is first of its kind event in India, which involves 10 shortlisted startups pitch for 10 minutes in front of the investor panel and get an on-spot funding commitment for 1.6 million INR. Ajit Khurana, one of the investor panelists and Ex-CEO of SINE, IIT Bombay said, “Our idea was that, you take 10 months, we believe it can be done in 10 minutes. I would have been happy even if I had got a fraction of the response. Right from the entrepreneurs, to the investors to the audience, this is an absolutely outstanding response.”

TTMM has garnered a lot of attention from media in its past three editions and has helped many startups reach milestones in their journey. One of the successful startups is Soundrex, who came up with a wearable speaker which will provide an experience of being immersed with thousands of speakers all around you. With control over tens of thousands of speakers, they created sound effects which were impossible using a 2 speaker setup.

In this hyperpaced, exciting event, the tension and ecstasy can be felt among the crowd as well. The past Investor panel consisted of renowned angel investors like Ajeet Khurana, Bharat Banka, Anupam Mittal, Samir Shah, Sanjay Mehta and Anirudh Damani.

The registration deadline is on 28th Dec 2017, and the finalists will be declared shortly after. It is an opportunity that no start-up should miss, what with such a fast-track path to funding and getting some pretty cool onboard to be the startup’s mentors.

So what are you waiting for? Register to pitch in The 10-Minute Million by visiting https://www.ecell.in/esummit/the10minutemillion/

Business Plans, Finance, Networking

Venture Capital De-jargoned

08/12/2017 yazdi

VC Dejargoned is a 2 day program giving entrepreneurs a complete understanding of the capital raising process. Be it preparation of business plan, pitching, valuation, due-diligence or termsheet; this program is aimed at giving entrepreneurs a holistic understanding of how to raise capital. No high level gyaan, but a power packed knowledge series designed by entrepreneurs, investors and investment bankers. Date: 7th and 8th January 2018 Venue: Hotel Karl Residency, Lallubhai Park Road, Andheri (West) For detailed content and registrations, visit http://www.vcdejargoned.com or call on 9819577336. On registration, get a free membership to VCD Club that will give entrepreneurs frequent opportunities to pitch to investors and get their feedback as well as interact with successful entrepreneurs to understand their capital raising journey.

Highly recommended 👆🏼especially the amazing case discussions on current Indian scenario .
If you are planning to raise funds for your startup, this is a program not to be missed 🙏🏼

Finance

Traditional businesses will find it difficult to attract investors

01/10/2017 yazdi

Jayanth Sharma | CEO AND CO-FOUNDER OF TOEHOLD TRAVEL AND PHOTOGRAPHY
Q : In this era of online startups and tech businesses, does there exist the possibility for traditional brick and mortar businesses to raise capital or is it that only businesses with a technology layer to scale up are attracting investors?

A : This is a common question that investors get asked a lot by aspiring entrepreneurs and there are a few different perspectives we have.

Firstly, businesses without a technology layer are going to find it almost impossible to attract investors -simply because technology is what brings scale and efficiency and in many situations access to customers. And venture investors are all looking for scale because that is what will give the exits that we require for our success.

That said, technology in a business does not make it a technology company.

Srikrishna Ramamoorthy | PARTNER, UNITUS SEED FUND

Businesses across traditional sectors like FMCGretail, education, healthcare, financial services, agriculture, transportation, logistics etc. will continue to need brick and mortar or offline elements to succeed and not just technology alone. And there continues to be VC investor interest in businesses in these spaces that are in techenabled andor tech-led and where there is innovation.

Does this mean traditional businesses with or without tech cannot raise capital? They can, but it is challenging.There aren’t that many investors interested and it will likely involve large amounts of initial capital vis-à-vis investing in a tech enabled play.

All that said, tech or brick and mortar, what remains key to success is a strong team, great execution and a product service that is solving a real problem.

http://epaperbeta.timesofindia.com/Article.aspx?eid=31804&articlexml=DOUBTFIRE-01102017026058

Legal

Applicability of Shops & Establishment Act

20/09/2017 yazdi

Shops and Establishment license no more required in Maharashtra, if u have less then 10 employees in your establishment

Click Here for Maharashtra Act LXI OF 2017.

Business Ideas, Calendar, Finance, News, Startups

National Entrepreneurship Awards Scheme (NEAS)

22/08/201722/08/2017 yazdi

MoSDE has recently announced the Second Call for Application for National Entrepreneurship Awards Scheme (NEAS)’2017.

The Application window is open from 28^th July’17 to 15^th Sept’17.

About the Award

National Entrepreneurship Awards Scheme (NEAS) has been instituted by the Ministry of Skill Development and Entrepreneurship (MoSDE) to encourage a culture of entrepreneurship across the country.

These premier awards seek to recognise and honour entrepreneurs and entrepreneurship ecosystem builders for their outstanding efforts.

There are two tracks under this scheme of awards

Award Track –To honor exceptional entrepreneurs from various sectors.

Award money of INR 5 lakh each to the enterprise + Trophy and Certificate
A total of 17 Awards under various categories are covered under Award Track.

Recognition Track –Institutions and Mentors engaged in Entrepreneurship Development

Award money of INR 10 lakh each (organisations/institutes) and INR 5 lakh (mentor) + Trophy and Certificate
A total of 6 Awards covered under Recognition track

For more details visit www.neas.gov.in

_{‘National Entrepreneurship Awards’ Scheme}

The National Entrepreneurship Awards have been instituted by the Ministry of Skill Development and Entrepreneurship (MoSDE) to encourage a culture of entrepreneurship across the country. These premier awards seek to recognise and honour entrepreneurs and entrepreneurship ecosystem builders for their outstanding efforts in the field of entrepreneurship development. The Awards also seek to highlight models of excellence for others to emulate and improve upon.

The Call for Application is now open from 28.07.2017- 15.09.2017. Applications should be filled online on www.neas.gov.in. Also, visit this website for further details.

Regards,

Vandana Vyas

Manager Outreach

Society for Innovation & Entrepreneurship(SINE),IIT Bombay

3rd Floor CSRE Building,IIT Bombay,Powai,Mumbai,IN 400 076

Email: vandana@sineiitb.org

Tel: +91 22 2572 1197

Mob: 9819225007