Expert Talk on “Start-ups & Entrepreneurship”

Date : 12 Mar 2018 | Category : Event

Department of Training & Placement, RIET Jaipur has organized an Expert Talk on “Start-ups & Entrepreneurship” on 12.3.18. Eminent guest speaker who graced the occasion was Mr. Gagandeep Kang the Mentor at iStart Rajasthan. Mr. Gagandeep is MSc from London school of Economics and Aerospace masters from university of Bristol, a highly qualified personality, with numerous laurels to his credit. An expert in the field, he gave a detailed discourse on the topic Startups and entrepreneurship initiative taken by Govt. of India which was extremely useful to all.

Mr. Gagandeep said that, iStart Rajasthan is a flagship initiative by the Government of Rajasthan intended to foster innovation, create jobs and facilitate investment. The program aims to nurture innovation and entrepreneurship which would further help in the economic growth and development of the state. Through this initiative, the State Government intends to build an environment where there would be an easy access to knowledge exchange and funding.

He explained about istart Rajasthan regarding the following points in the session

• A one stop solution for StartUps, Incubators for ease of doing business and accessing all benefits and offers by Government of Rajasthan
• Help StartUps to be discovered by relevant stakeholders
• Need funding or mentoring? No more an issue. We help you connect with investors, accelerators and incubators
• Helping investors, accelerators and incubators discover curated, high-potential startups
• Programs to help startups improve their chances of success
• Content, workshops and resources to help entrepreneurs

Mr. Gagandeep was welcomed by Prof. Kapil Dev Sharma Dean Academics & Admin, RIET and Prof Sachin Sharma, Vice Principal, Dr. Monika Shekhawat, Training & Placement Head, RIET. The session was attended by all HODs, students and faculty members of RIET.

Speaking on the occasion Dean Academics & Admin, RIET, Prof. Kapil Dev Sharma said about istart Rajasthan that Rajasthan Start-up policy is an outcome of the demand of “ease of doing business” for new start-up ventures. The objective of this Start-up policy is to lead a change by shifting working youth from service industry wherein they are inclined due to various constraints in setting up a new startup & cultivate them in their own ventures.

Prof Sachin Sharma, Vice Principal, RIET, said that, There are now more ways than ever for startups to find and connect with investors, through in-person events and online deal-closure platforms, but this also means that investors are seeing more companies than ever before – it is important for entrepreneurs to catch their attention as they may only have one chance to make a good first impression. Many startups start reaching out to investors before they know how to make a sound and compelling investment case for their business – and how to articulate that. Often even strong entrepreneurs with good ideas never get a foot in the door, or catch an investor’s attention because they have not been able to present a compelling case to investors.

He also added that, a collaborative program designed to help new startups succeed. Incubators help entrepreneurs solve some of the problems commonly associated with running a startup by providing workspace, mentoring, and training.

Dr. Monika Shekhawat , who expressed her gratitude to Mr Gagandeep for giving his valuable time and imparting this knowledge.