Business Ideas, Calendar, Networking, News

IMPETUS 2010 – Business Ideation Program

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IMPETUS 2010 in its 3rd year now at SPCE, Bhavans Campus Andheri . Starting 27th March 2010 . We have a 12 weekend program on Business Ideation to Business Plans.

If you know of anyone who would be interested in the program can contact Ms Ritika Murarka 9664257210

This year the program is opened for practising entrepreneurs and students from other insitutes having NEN recognised e-cell.

The program starts from 27th March Saturday at SP College of Engineering , Bhavans Campus , Andheri . It will run till Mid-May. Its on all Fri/ Saturday. This program is the advanced modules to the one we had for WZCC.

Certification will be provided by NEN ( National Entrepreneurship Network ) . The cost is a nominal 2000/- to cover the cost of lunch and tea for all the twelve weekends.

Looking forward to a bit of help from everyone to make this a great success

Raj Bhat

Click Here for Program Details

Finance, Motivations, News, Resources

Technopreneur Promotion Programme (TePP)

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The “Technopreneur Promotion Programme” (TePP) was launched in 1998-99 by the Ministry of Science and Technology. TePP is operated by the Department of Scientific and Industrial Research (DSIR) to tap the vast innovative potential of the citizen of India. TePP is a mechanism to promote indivudual innovators to become technology-based entrepreneurs (Technopreneurs).

Objectives

The TePP has the following objectives:

  • To promote and support untapped creativity of individual innovators
  • To assist the individual innovators to become technology based enterpreneurs
  • To assist the technopreneur in networking and forge linkages with other constituents of the innovation chain for commercialization of their developments.

Activities

The activities under TePP include providing financial support to selected and screened individual innovators having original ideas for converting them into working models , prototypes and so on. TePP assistance is provided to the innovator to meet expenditure on the following:

  • R&D/Engineering consultancy
  • Procure small equipment,tools etc. required
  • Raw Material/ Accessories (for prototype/process trials),
  • Fabrication cost (for prototypes)
  • Patent guidance and support
  • Manpower
  • Testing & Trials
  • Any other relevant costs

TePP support to the innovators is limited to 90% of the total cost of the project & remaining 10% is to be borne by the innovator/inventor.

Click Here for more information on this unique program

Click Here for Technology Development and Innovation Programme (TDIP)

Finance, Social Entrepreneurship

Aavishkaar – Social Venture Capital

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A blend of  Social and Commercial Goals can make inclusive growth possible. Aavishkaar aims to harness the entrepreneurial spirit at the bottom of the pyramid to create inclusive economic development. They seek to empower disadvantaged and rural communities through infusion of commercial activities. Typically entrepreneurs who operate at the lower end of the economic spectrum are overlooked by financiers as they are categorized as being too small and risky.

Aavishkaar believes that not only do these entrepreneurs have potential to create widespread impact on local communities through boosting local production and creating livelihood opportunities but also provide attractive commercial returns. They have taken it upon themselves to be the leaders of micro equity investments to create scalable small entrepreneurs with significant social impact.

Click Here for more

Franchise

Club Laptop

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Launching one of it’s kind, branded laptop service retail chain, ClubLaptop offers you an exciting low risk opportunity to develop a successful business which will simultaneously meet your income goals and exceed your lifestyle dreams.

You will be operating a high income, low overhead business, which ensures that you are in business for yourself but never by yourself.

As a franchised partner in ClubLaptop, you will be able to reduce cost, reduce e-waste and increase your earning potential.

Click Here for more…..

Franchise

Franchise India Brands

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Are you ready to take your business to a new level ? Franchise India Brands was established on a fundamental principle: to invest in small and mid-market companies that demonstrates the prospective for franchising. With this objective Franchise India Brands have an able and qualified team of professionals to provide direction and counseling, as well as strategic support and financial funds to prospective candidates.

Franchise India Brands has a wide experience in franchise development, business expansion, financial and operational expertise. The Franchise India Brands Team provides the structure to grow, develop and expand various business models. With an objective of national and international expansion, Franchise India Brands are looking for experienced and qualified business partners to support, grow and develop their concepts both nationally and internationally.

Click Here for More…..

Marketing, News

Trade Information – India

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The Department of Commerce in the Ministry of Commerce and Industry, Government of India, maintains a very interesting website – commerce.nic.in – with a host of Trade and Commercial Data. The data can be accessed Productwise, Countrywise and Regionwise. A must see for all into Local and International Trade. The site is well maintained and updated regularly.

Finance, News

Credit Rating for SMEs

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Understanding the urgency faced by the MSME units, Ministry of MSME, Government of India through NSIC has signed a Memorandum of Understanding with us to provide Performance and Credit Rating services. The scheme was launched by the Honorable Finance Minister and is approved by Indian Banks Association (IBA). THE MINISTRY OF MSME IS OFFERING A SUBSIDY OF 75% ON THE ONICRA RATING FEE. The scheme is set to educate MSME units about financial matters.

Scheme Features

  • Rating and services fee structure based on turnover
  • Scheme implemented through NSIC , a nodal agency of Govt. of India
  • Rating approved by Indian Banks Association (IBA)
  • Subsidy of 75% on rating fee provided by the Ministry of MSME

Onicra analyzes financial and operational performance, connects suppliers & buyers through our online market place and provides a holistic financial and IT solution for MSME development and progress. The rating process includes: a physical visit, collection, verification & authentication of data. Analysis is conducted, where facts are presented and reported. Our rating is accepted by Public Sector Banks & approved by Indian Banks Association (IBA).

Our MSME Rating & Services aim to address some of the challenges faced by these units:

  • Securing Credit from banks and financial institutions
  • Lack of faith shown by buyers and suppliers
  • Doubts on creditworthiness and capabilities

Click Here for more details

Business Ideas, People / Stories, Startups

‘It’s a myth that start-ups can’t survive without venture capital’

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Prasanna D Zore

Nandita Lakshmanan, the feisty founder and CEO of public relations company, The PRactice, should know why it is a myth.

Nandita, who started a public relations company The PRactice in the year 2000 with just Rs 35,000 — with which she bought a computer — and three employees, has made it into a “mid-sized company with a substantial turnover” with 85 employees in a decade since then. And she did it without any venture capital funding or any angel investor handholding the company or providing loads of cash to bankroll her expansion plans.

Click to read on…..