2- DAY BOOTCAMP ON FUNDAMENTALS OF ENTREPRENEURSHIP(IEHE)
The Two Day Bootcamp was organized by AIC-RNTU Foundation, sponsored by MP Startup Center with the aim to spread awareness about entrepreneurship, its important aspects and promote it as a career option amongst students with a series of Sessions / Workshop and group-based activities.
Day 1:
Day 1 of bootcamp was inaugurated by Dr. Pragyesh Agrawal , Director IEHE Mr.Ronald Fernandez in the presence AIC-RNTU team, Udgam Centre Nodal Officers, and students. The Bootcamp started with speakers introduction and briefing.Dr. Pragyesh Agrawal in his address motivated student to learn from the Bootcamp, ideate and woork on their ventures. He also threw ligh on Unicorn and Coacroach Startups. Then, Mr. Ronald Fernandez in his address briefly talked about the evolving ecosystem, support and various initiatives in place to promote budding entrepreneurs. He also men-tioned the agenda of the Bootcamp is to instill entrepreneurial mindset in present everyone in the
boortcamp.
After this, the bootcamp continued with the
sessions.
SESSION 1- Institutional & non-institutional support system to startups -Incubators and
Accelerators by Mr. Ronald Fernandez, CEO, AIC-RNTU Foundation
Mr. Ronald talked about the startup ecosystem, incubation
and entrepreneurship. He also talked about the progress the
ecosystem has made in the last few years. Mr. Ronald shared
his experiences as an entrepreneur and shared hope
incubators are supporting startups to grow.
SESSION 2-
Fundamentals of Entrepreneurship by
Mr. Jitendra Rajaram, Corporate Trainer
Mr. Jitendra, in his session, highlighted the
fundamental skills of entrepreneurs, E-Cell &
Incubation. Adding to that, he talked about
Startup & Business and zeal of entrepreneur-
ship.
SESSION 3 -
How to identify and define a problem state-
ment or a startup idea by Mr. Jitendra
Rajaram, Corporate Trainer
Mr. Jitendra talked about observing & identifying
the problems around which are being faced by a
sizeable number of people and the solution to
which might be scalable and can be
commercialized. Thereby providing the
opportunity to the entrepreneur to build a
business model around it.
Activity- Idea Generation
The activity started with the HSGL Test and the
students were distributed into teams based on
the results of their HSGL test score. These
teams were tasked with developing as many
ideas as they can around the four videos shown.
SESSION 4 -
Idea to MVP and from MVP to commercialization
By Ms. Krati Jain, AIC RNTU.
The next step towards starting a venture is to reach a
Minimum Viable Product (MVP). Ms. Krati talked
about the various stages of product evolution and the
need to address the issues at each stage. The
students were informed about pilot testing the MVP to
identify the gaps and iterating & modifying the
business model to reach commercialization.
DAY 2:
Session 1- Process to establish a Startup - Types of
entities by Mr. Shubham Nema,
AIC-RNTU Foundation
Mr. Shubham in his session explained about the various
types of entities and the factors to be considered before
registering the business. He further briefed the students
on what are the advantages and disadvantages of
different types of entities. He further emphasized on the
benefits of registering a business under MSME and the
process to do so. The session concluded with a couple
of case studies and Q&A over the same.
SESSION 2- Types of Startup Funding & Startup Valuation Meth-
ods by Mr. Ayush Dubey, Venture Catalyst
Mr. Ayush talked about Stages of Funding, Factors to consider while
raising funds, right time to raise funds along with the methods to
calculate Valuation and its importance in the growth cycle.
SESSION 3- Startup Storytelling
and Pitch Deck Elements by
Ms. Krati Jain
Ms. Krati Jain briefed about the
importance of pitch, types of pitches,
elements to be included in the deck
along with the important pointers.
Further adding to that,she also
made "what kind of pitch deck
should be presented to which
person"clear.
SESSION 4 - Building an Intellectual
Property and Why Startups Fail? By
Mr. Jitendra Rajaram
Mr. Jitendra took a session over the
above-mentioned topic where he
exaggerated on the reasons behind the
failure of 99% startups get registered every
time. Mr. Jitendra also shared some of his
past experiences about the same. He
added the mistakes startups make in
shareholding patterns, while registering the
company, building teams and hiring people
etc.
Activity- Developing a Sample Pitch Deck
& Mock Pitching
The students were asked to present the ideas they
have generated in the form of an elevator pitch. Few
students who are already working on their ideas are
also presented in front of the audience.
Date and Venue: 2023-03-17 - Kaliyasot Dam, Kolar road Post Box No.: 588, Post Office Ravishankar Nagar Bhopal - 462016
Objectives in Brief: TO SPREAD AWARENESS ABOUT ENTREPRENEURSHIP, ITS IMPORTANT RELATED FACTORS AND PROMOTE IT AS A CAREER OPTION AMONGST STUDENTS.
Key Speaker: 1. Mr. Ronald Fernandez- AIC-RNTU Foundation,
2. Mr. Ayush Dubey - Venture Catalyst,
3. Mr. Jitendra Rajaram- Corporate Trainer,
4. Ms. Krati Jain -AIC-RNTU Foundation,
5. Mr. Shubham Nema-AIC-RNTU Foundation.
Organizers/Co-Organizers: INSTITUTE FOR EXCELLENCE IN HIGHER EDUCATION