ENTREPRENEURSHIP AWARENESS CAMP

The entrepreneurship awareness camp, inauguration started with one minute silent prayer in fount memory of our founder chairman Shri. P.K.Das and function begins with prayer song and lighting the lamp by all the dignitaries on the dice and two student participants.

Dr. T Ambikadevi Amma, The Principal, Nehru College of Engineering and Research centre, delivered the welcome address followed by presidential address to the gathering.

Shri. G.Pranap, Assistant District Industries Officer, Government of kerala, inaugurated the function and delivered the Speech of motivation to the students.

Dr.K.Vijayakumar ,Director – NCP &IR delivered the speech on importance of organizing EAC and felicitates the gathering.

Shri. Antony Richard M delivered the vote of thanks and the function was concluded with the National Anthem.

First Day, 26/09/18 – Lecture -1: Shri. G. Pranap :

Historical Background- Entrepreneurship and present scenario

He started with excellent motivational videos and power point presentations on becoming successful entrepreneurs. He conveyed to the students to focus on long term vision rather than short term success, which has made the students to think beyond the boundaries. He talked about the program objective to create awareness among students of engineering and science courses about various facts of entrepreneurship as an alternative career option as also to highlight the merits of pursuing such an option.

Identification of Opportunities

Shri.G.Pranp aspire us with his valuable thoughts about future India. Through dozens of video presentations, he narrated the stories of famous entrepreneurs from India. He said that Entrepreneur’s contribution to the economy is of immense value. He or she is indispensable to the economic growth of the country. His or her products are valuable to the overall development of the society. People need their products. They simply cannot do without them.

An entrepreneur is someone who recognizes a business opportunity and organizes, manages, and assumes the risks of starting a business. Entrepreneurs face many challenges. However, those who succeed see many rewards.

The experiences shared by some of the established entrepreneurs from kerala gave an idea on: who is an entrepreneur? What is entrepreneurship? How to become an entrepreneur?. The host shared few of his experiences he had while studying his engineering. The session helped students to mentally prepare for becoming an entrepreneur. He pointed out that all the successful personalities had one thing in common. It was desire dreams and hard work towards their dreams. He added a quote that “you dream big and follow our dream”. And motivated the students that many times in life when we feel like giving up but it is important to recognize that when we have a goal, it is unusual to accomplish it on the first.

He explained about the role of industrial department. He concluded with a thought that “If you don’t build your dream someone will hire you to help build theirs.”

Lecture – 2: Shri.Rajan Sleeba

Financial Aspects of SSI unit

Shri.Rajan sleeba ,Regional head , Dhanalakshmi Bank, explained about the financial aspects of SSI unit. He said that ‘finance is the life-blood’ of any industry. Like other industries small-scale and tiny units also require money for meeting various expenses. Most of the entrepreneurs or artisans in this sector are economically weak. “They are poorly placed in the matter of capital formation as they are not in a position to plough back much into the business because of limited profits.”

Lecture – 3: Shri. Pratab Chandran

Support and Financial assistance from govt. agencies,banks, etc.

Shri.Pratab chandran,Regional sales manager , Dhanalakshmi Bank, explained different schemes for financial support. He further explained the MUDRA scheme Micro Units Development and Refinance Agency Ltd. [MUDRA] is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs for lending to micro units having loan requirement upto 10 lakh. MUDRA provides refinance to micro business under the Scheme of Pradhan Mantri MUDRA Yojana. The other products are for development support to the sector. The bouquet of offerings of MUDRA is depicted below. The offerings are being targeted across the spectrum of beneficiary segments.

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