TATA First Dot - B Plan Workshop

 

 

 

 

Consulting and Entrepreneurship Club of IIM Raipur acted as the host partner for ‘TATA First Dot Powered by NEN’ held on 24 November 2012. The one-day workshop focused on the successful progression of idea into a business model which can evolve into a fruitful venture. It was open to student entrepreneurs and was targeted to be beneficial to those who have already developed an idea. This workshop also served as a precursor to the participants for entry into the Pan-India Competition held by TATA First Dot. The top 30 entrepreneurs from the competition would be mentored by NEN.

The workshop was held by Dr. Radhika Meenakshi Shankar, Founder, Wise Owl Consultancy and Kalpana Sinha, Senior Consultant, NEN. Dr. Shankar guided the participants regarding how to develop their ideas by using different frameworks, business models and writing an effective business plan for successful pitching to the various stakeholders in the project.

Dr. Sanjeev Prashar, Professor, IIM Raipur, said “IIM Raipur with NEN will continuously work towards guiding students in preparing the B-Plans for their start-ups and providing them the necessary mentoring.”

Students from IIM Raipur, IIT BHU, NIT Raipur, Disha College of Management, Future Institute of Engineering Technology, CAHCET, Centre for Modelling and Simulation and DIMAT participated in this event.

MOU signed between IIM Raipur and National Entrepreneurship Network (NEN)

The Indian Institute of Managemnent Raipur signed an MoU with National Entrepreneurship Network (NEN) today at IIM Raipur Campus. The partnership with NEN will help IIM Raipur develop content and programs around Entrepreneurship to motivate its students take up Entrepreneurship as a career option and at the same time encourage local entrepreneurs to scale up and reach out to a wider audience. The immediate result of the partnership will be capacity building for the Entrepreneurship cell of the Institute so that it can develop over a period of time to answer to the needs of the students of the Institute. The MoU was signed by Prof Ajit Prasad Dean Academics, IIM Raipur and Ms Kalpana Sinha and Mr Debmalya Bhattacharjee from NEN. 

The MoU signing session was preceded by a session by NEN highlighting the relevance of Entrepreneurship and at the same times how NEN can benefit the institute. Speaking to students Mr Bhattacharjee told 

By 2020, the average age of India’s population will be in the 25-30 age bracket. Considering this, there will be a huge need of jobs for the young people and job creation in turn needs entrepreneurship. NEN, an organisation founded by Mr.Ramesh Wadhwani of the Wadhwani foundation, focuses on fostering the spirit of entrepreneurship amongst the students and aims to inspire, educate and support them. Its goal is to create 100,000 jobs in India. 

Mr. Bhattacharjee started the session with a video on ‘Lead India’ and explained how entrepreneurship is all about need, innovation and fun. He further explained NEN’s model of synergistic partnership with the institute and how it would be effective in building a vibrant entrepreneurship ecosystem on campus to aggregate support for the institute members and entrepreneurs. 

Ms Kalpana Sinha from NEN, Delhi Region, motivated the students to ‘Try and fail, rather than to fail to try’. She, along with Mr Debmalya entertained all students’ queries. 

Speaking about the positives of the partnership Tarang Singhal, the student Coordinator of Entrepreneurship Club said that that the club is right now only a year old but has started with the right notes by starting a B Plan Competition to promote ideas here in Chhattisgarh. Partnering with NEN would add more resources to take make the programs more effective. Rahul Khedkar, member of Entrepreneurship Club expressed hope that this partnership would help him take his business plan from idea to an execution stage and he looked forward to the programs from NEN at IIM Raipur campus. 

The session was also attended by Prof. Sanjeev Prashar, Prof. Ajit Prasad and Prof. S.K Mitra of IIM Raipur. The student members entrepreneurship club of IIM Raipur Tarang, Vamsy, Rahul, Deboleena, Manu, Shashank, Bir were also present at the MoU signing ceremony.